Kmw replies to: Pivot Trading


This is no criticism just observation.

If you can’t see price decline by looking at 5 close candles and NEED 3 different MA’s for that then you need to work on your price action skills.…691864page=14

Depending on MA is like depending on crutches to walk.You need to grow out of them.
Most valuable part about the thread is not about MA’s but market cycle he talks about and that fits well with harmonics and Elliot Wave theory.

Just for gaining insight. 24MA on my template. R61 to 24MA over 100pips.Efficient? think not.

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