The
Power of 20 MA on the 1 minute chart for income trading
|
Price below 200MA and 20MA
is flat - buy the dip below the 20MA and sell the rally above 20MA
|
Trade
in the period of 20MA on daily chart or 1 hour chart
|
if 20 MA is rising you can
only buy at or near 20MA and after a formation of green bar - Do not sell
|
if 20 MA is declining you
can only sell at or near 20MA and after a formation of red bar - Do not buy
If 20 MA is flat do not buy
or sell
|
20MA and 40MA on daily
chart
|
20MA on 1 hour chart
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The
Power of 200 MA
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Buy
Methods
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Buy Green Bar Reversals or
bottoming tails on or near rising 20 MA
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Buy Green Bar Reversal at
or near the flat 200MA
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Sell
Method
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Sell short Red Bar
Reversals and or topping tail at or near the declining 20MA
|
Sell Short Red Bar
Reversals at or near the declining 200MA
|
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