Friends whenever you want to trade Moving average system trading , One thing you must follow is an method called COMA that means
" Combined Orderly Moving Average " this basically help you to identify choppy and side ways market and trending market
during side ways market price moves in range where people trade it as trading in Zone system , Most retail and day traders trade it as support & Resistance
if you are looking for trending move where you will keep making money as long as you have confirmation and Trailing stop to keep your profits growing
this method is used in Wall street , and its called COMA , Most of wall street Professional like to trade trending market , they just pause or trade less in Choppy market
having an Experience as wall street Professional today i am providing you little called COMA + Trend line
Yes this method is money making method and Most Options sellers you this Method in Wall street , its simple method to understand
i will try my best to explain here in writing if you do not understand bear with me I will post after Oct 05 a video explanation
What is COMA ?
A COMA is a where all the selected moving average are in orderly manner the represent their placement in orderly manner
when all the 3 Moving average are in orderly manner the Market is in trending ,
that means any reversal at or near one of the moving average buy or sell set up
in buy set up and lowest low is stop loss , also one can use value of middle moving average as trailing stop or can book voluntary once it close below the
top moving average
in sell set up the price has to breach top moving average and then reverse which is considered as sell set up
the trend line placing exactly below the Lowest low or highest high moving average will help you to understand where the market is heading
i have posting some call out in the charts , Hope you will try to understand it
tats all friends Good luck
" Combined Orderly Moving Average " this basically help you to identify choppy and side ways market and trending market
during side ways market price moves in range where people trade it as trading in Zone system , Most retail and day traders trade it as support & Resistance
if you are looking for trending move where you will keep making money as long as you have confirmation and Trailing stop to keep your profits growing
this method is used in Wall street , and its called COMA , Most of wall street Professional like to trade trending market , they just pause or trade less in Choppy market
having an Experience as wall street Professional today i am providing you little called COMA + Trend line
Yes this method is money making method and Most Options sellers you this Method in Wall street , its simple method to understand
i will try my best to explain here in writing if you do not understand bear with me I will post after Oct 05 a video explanation
What is COMA ?
A COMA is a where all the selected moving average are in orderly manner the represent their placement in orderly manner
when all the 3 Moving average are in orderly manner the Market is in trending ,
that means any reversal at or near one of the moving average buy or sell set up
in buy set up and lowest low is stop loss , also one can use value of middle moving average as trailing stop or can book voluntary once it close below the
top moving average
in sell set up the price has to breach top moving average and then reverse which is considered as sell set up
the trend line placing exactly below the Lowest low or highest high moving average will help you to understand where the market is heading
i have posting some call out in the charts , Hope you will try to understand it
tats all friends Good luck