Comments on: Pivot Moving Averages http://www.movethemarkets.com/blog/2007/05/02/pivot-moving-averages/ Futures Trading, Custom Programming, and Commentary Fri, 05 Mar 2010 06:12:03 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: The Common Denominator -- Move the Markets http://www.movethemarkets.com/blog/2007/05/02/pivot-moving-averages/comment-page-1/#comment-2888 The Common Denominator -- Move the Markets Sat, 12 May 2007 13:15:06 +0000 http://www.movethemarkets.com/blog/2007/05/02/pivot-moving-averages/#comment-2888 [...] I mentioned in the article on Pimp Moving Averages, any one candlestick or indicator can’t be taken in isolation. That’s my belief, and I [...] [...] I mentioned in the article on Pimp Moving Averages, any one candlestick or indicator can’t be taken in isolation. That’s my belief, and I [...]

]]> By: john http://www.movethemarkets.com/blog/2007/05/02/pivot-moving-averages/comment-page-1/#comment-2804 john Sun, 06 May 2007 21:41:35 +0000 http://www.movethemarkets.com/blog/2007/05/02/pivot-moving-averages/#comment-2804 zoomie: certain candles after rinse jobs or that test specific levels may not be arbritrary, but the close of "every" candle in my opinion is very arbitrary - especially on intraday charts...on daily or weeky charts, i think the close should possibly carry more weight as far as guaging momentum, i didn't mean to imply that PMAs are better at guaging them per se...the way they separate or converge will do the same thing no matter how they are calculated...if they are plotted simultaneously, there really isn't much difference...as with everything else in TA, its a matter of preference and comfort as far as the average being arbritray also, i totally disagree with that...the slope of the PMA takes into account more of where the real trading happened across a different period, not just the average of each close zoomie: certain candles after rinse jobs or that test specific levels may not be arbritrary, but the close of “every” candle in my opinion is very arbitrary – especially on intraday charts…on daily or weeky charts, i think the close should possibly carry more weight

as far as guaging momentum, i didn’t mean to imply that PMAs are better at guaging them per se…the way they separate or converge will do the same thing no matter how they are calculated…if they are plotted simultaneously, there really isn’t much difference…as with everything else in TA, its a matter of preference and comfort

as far as the average being arbritray also, i totally disagree with that…the slope of the PMA takes into account more of where the real trading happened across a different period, not just the average of each close

]]> By: Zoomie http://www.movethemarkets.com/blog/2007/05/02/pivot-moving-averages/comment-page-1/#comment-2803 Zoomie Sun, 06 May 2007 18:27:26 +0000 http://www.movethemarkets.com/blog/2007/05/02/pivot-moving-averages/#comment-2803 "On a fast chart such as the 5′, the close is an arbitrary number." John, if the number is arbitrary, then the average of that number would be the average of an arbitrary number. Which is arbitrary. I do not agree with yor statement. I feel the most important number is the close of that candle, considering volume, in your given time frame. Moving averages, however they are calculated, can be uesd to guage momentum. “On a fast chart such as the 5′, the close is an arbitrary number.”

John, if the number is arbitrary, then the average of that number would be the average of an arbitrary number. Which is arbitrary. I do not agree with yor statement. I feel the most important number is the close of that candle, considering volume, in your given time frame. Moving averages, however they are calculated, can be uesd to guage momentum.

]]> By: john http://www.movethemarkets.com/blog/2007/05/02/pivot-moving-averages/comment-page-1/#comment-2763 john Thu, 03 May 2007 19:55:45 +0000 http://www.movethemarkets.com/blog/2007/05/02/pivot-moving-averages/#comment-2763 TraderD: interesting idea...i will have to check that out...thanks TraderD: interesting idea…i will have to check that out…thanks

]]> By: TraderD http://www.movethemarkets.com/blog/2007/05/02/pivot-moving-averages/comment-page-1/#comment-2762 TraderD Thu, 03 May 2007 16:46:05 +0000 http://www.movethemarkets.com/blog/2007/05/02/pivot-moving-averages/#comment-2762 Thanks for the tip. They do seem to help get perpective on maintaining a position. Combine them with a Sto %K of 7, and %D of 10. Again going with the slope, enter when %K punches above (Long) or below (Short), and then maintain the position with the PMA's. A good example is MGM on 5 minute chart today at 8:25 PDT. One would still be in the position at +.90 but close to an exit. Entry on the Sto cross, and see the SMA spread as the profit increased. - TraderD Thanks for the tip. They do seem to help get perpective on maintaining a position. Combine them with a Sto %K of 7, and %D of 10. Again going with the slope, enter when %K punches above (Long) or below (Short), and then maintain the position with the PMA’s.

A good example is MGM on 5 minute chart today at 8:25 PDT. One would still be in the position at +.90 but close to an exit. Entry on the Sto cross, and see the SMA spread as the profit increased.

- TraderD

]]> By: john http://www.movethemarkets.com/blog/2007/05/02/pivot-moving-averages/comment-page-1/#comment-2753 john Thu, 03 May 2007 12:31:24 +0000 http://www.movethemarkets.com/blog/2007/05/02/pivot-moving-averages/#comment-2753 cool cool

]]> By: Phileo http://www.movethemarkets.com/blog/2007/05/02/pivot-moving-averages/comment-page-1/#comment-2746 Phileo Thu, 03 May 2007 12:09:59 +0000 http://www.movethemarkets.com/blog/2007/05/02/pivot-moving-averages/#comment-2746 Excellent explanation T'Worm. I will start using PMA's in QT..... Excellent explanation T’Worm. I will start using PMA’s in QT…..

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