2MA Method -Trading is easy if you can keep it very simple.

Trading is easy if you can keep it very simple.

My strategy is like this: 2MA Method:

Setup is like this:

It is double time frame system:



Like: Day chart with weekly chart; 3 min/ 5 min chart with 15 min chart; 15 min chart along with 60 min chart

Setup:



We will use SMA 21 & EMA 8 in both Time frame chart.



When in higher TF chart; price above both the MA line, buy in lower TF when price break out of the both line above it.



When in higher TF price below both the MA line, sell the lower TF when price break down / break a pivot low (when price below both MA line in Lower TF).



I will post some charts for this setup.

It is very easy setup if you know & remember the Rally & Decline.

NF 60 min chart

7i54m6X.png814x447

http://i.imgur.com/7i54m6X.png2

NF 15 min Chart:

xxtzM3S.png814x447

http://i.imgur.com/xxtzM3S.png3

At point A, in 60 min chart you can see that price move over the sideways move of the previous days- also move above both the MA line.



Now look into 15 min chart:



Entry above point A, SL two bar low; 1st ADD over point C;

From entry point look for rule of Rally and decline;



We will get out when there will be decline or our exit rule of whatever I have told previously.



second add over point D -some how half cut  in the picture.



Point E still no decline, one bar after point E, decline not confirmed..



At point G, exit.

For earning big money, go for 15 min/ 60 min charts, trade seeing those only.



But for excitement, you can trade 3min/ 15 min chart- more trades...but if you can manage Money management well, you can do wonder.

Entry Rule:

• When Higher time frame chart price above both MA line


• at Lower TF, if price above both MA line & breaks a pivot high


• at Lower TF, when price breaks above an aggressive pivot high


• Entry always at lower TF chart

Exit rule:

• At lower TF chart if pivot low broken


• at Lower TF, if decline confirmed


• in lowerTF chart price in key price point- e.g. NF at 8000, 8500 etc

All entry and exit should be same in whatever chart you trade, but trade should be seeing higher TF chart and entry done at lower TF chart.



For bear entry just the reverse.

No it is not a crossover method.



Price closing above both MA is sufficient.