The Only Pivot - page 53

 

make observation please

when we got entry signal, 50 pips is EASY to GRAB....

so what we gonna do with this...?

 

stevenali

In the attached, should we wait for the candle to close completely above/below the floating pivot line indicated by the red arrow? Or can we have the candle step hanging over it?

Files:
eurjpy.jpg  47 kb
 
et_phonehome_2:
stevenali In the attached, should we wait for the candle to close completely above/below the floating pivot line indicated by the red arrow? Or can we have the candle step hanging over it?

i don't use floating pivot again,

i change it with 2 Smoothed Moving average.... Weighted close price

and croos of 2 smma with TEAL LINE is the trigger to ENTRY

 

It's quite simple..I think..

 

stevenali

Isn't the TEAL LINE part of the PrevDayAndFloatingPivot_O? Would my attached chart be correct for entry?

Files:
eurjpy_1.jpg  55 kb
 
stevenali:
i don't use floating pivot again,

i change it with 2 Smoothed Moving average.... Weighted close price

and croos of 2 smma with TEAL LINE is the trigger to ENTRY

stevenali can you show the entry in image

 
emas:
stevenali can you show the entry in image

we have to be sure that 2 SMMA > TEAL LINE go LONG

or 2 SMMA < TEAL LINE go SHORT

here is my entry at demo account for GBPCHF today

Files:
entry.gif  54 kb
 

stevenali

Is my chart interpretation correct? We should also wait for the candle to close, and the entry would actually be the next candle than what the arrows point to.....

Files:
eurjpy_2.jpg  60 kb
 

ET,

I see your using two moving averages, red and blue on your chart. What are the settings for both of the moving averages?

Thanks in advance,

TimeFreedom

et_phonehome_2:
stevenali Is my chart interpretation correct? We should also wait for the candle to close, and the entry would actually be the next candle than what the arrows point to.....
 

this methode is too simple.... ( i found it after 4 years )

Files: