[clam61]

Id like to start this thread for Guppy traders to discuss and learn. I have recently come across this method of analysis and would like to learn from other experienced members.


Introduction to the GMMA

http://www.chartfilter.com/articles/movingaverage.htm

The old GMMA thread with some valuable information and links

http://www.forexfactory.com/forexfor...highlight=gmma

[james275]

I have his averages on my screen, and only have a discretionary trading model, when the ma's squish. Is there any system you know of that works? I love the idea, just haven't been able to make it workable.


Can anhyone help.?

[clam61]

yeah i got his CDs and have been watching them. i dont have the book yet and i think i should have gotten that instead of the cds.

in any case i will write something later about some of the techniques he gives.

anyone else feel free to chime in

[TheWicker]

I usually trade naked, but if I use an indicator it's probably the guppy.

[paul2]

I've used it, and I like it. I wouldn't consider it an indicator to enter or exit positions by, but it's definatly good for giving you a better 'feel' for how a trend is moving.

[baddison]

Originally Posted by TheWicker

I usually trade naked, but if I use an indicator it's probably the guppy.

I wear pajamas.....LOL!!!!

[Squid]

Originally Posted by TheWicker

I usually trade naked, but if I use an indicator it's probably the guppy.

Ohhhhhhhhhh!!! That's what that means - no indicators. And all this time I've been scratching my head wondering why so many people like to trade with no clothes on and how you keep your butt from sticking to the chair.

Squid

[clam61]

im a GMMA novice so id like to see some examples of successful trades where you used the GMMA.

id also like to get a copy of trend trading with daryl guppy. anyone want to sell a used copy or know of a bookstore in the US that carries it?


here is an example. the short term penetrated through the long term in the blue rectangle. this is a sign of trend weakness and possible trend change down. one could take a trade here but that is rather aggressive. i prefer to wait for two things

1) for the long term to compress, rollover, and expand
2) for the short term to retrace, compress and begin to expand

this happens at the first down arrow. at each successive down arrow more is added to my short position on each retrace and compression. i enter JUST as the short term begins to expand after good compression. i make sure that the short term is still far away from the long term and that the long term is still well expanded

the first down thumb is a trade not taken because the long term has changed too much for me and also the short term has moved rather far up.

in fact i exited at this point.

the second down thumb trade is a long trade not taken because the short term retraced too far and even went below the long term again.

[TheWicker]

Originally Posted by Squid

Ohhhhhhhhhh!!! That's what that means - no indicators. And all this time I've been scratching my head wondering why so many people like to trade with no clothes on and how you keep your butt from sticking to the chair.

Squid

[clam61]

guppy is telling us that GBP is going down. stop loss placed at latest high. 1% risked in this trade

[clam61]

here are the guppy indicators i have.

Guppy Short = 3,5,8,10,12,15 ema
Guppy Long = 30,35,40,45,50,60 ema

[clam61]

after the short term averages crossed the long term and the long term averages began to spread out, i entered on the first collapse/expansion of the short terms.

i will add to my position when and if the short term averages expand up

[flourishing]

Originally Posted by clam61

im a GMMA novice so id like to see some examples of successful trades where you used the GMMA.

id also like to get a copy of trend trading with daryl guppy. anyone want to sell a used copy or know of a bookstore in the US that carries it?


here is an example. the short term penetrated through the long term in the blue rectangle. this is a sign of trend weakness and possible trend change down. one could take a trade here but that is rather aggressive. i prefer to wait for two things

1) for the long term to compress, rollover, and expand
2) for the short term to retrace, compress and begin to expand

this happens at the first down arrow. at each successive down arrow more is added to my short position on each retrace and compression. i enter JUST as the short term begins to expand after good compression. i make sure that the short term is still far away from the long term and that the long term is still well expanded

the first down thumb is a trade not taken because the long term has changed too much for me and also the short term has moved rather far up.

in fact i exited at this point.

the second down thumb trade is a long trade not taken because the short term retraced too far and even went below the long term again.

on the chart the arrow and the hand symbol , you draw them by hand or by indicator ? if by indicator could you post the indicator ? thank you.

[JoshDance]

Originally Posted by flourishing

on the chart the arrow and the hand symbol , you draw them by hand or by indicator ? if by indicator could you post the indicator ? thank you.

These are drawn by hand. An indicator which could get even three trades like that in a row in real time consistently would be worth it's weight in gold (i.e., no such thing exists). This thread is about (or at least is supposed to be about) MMAs, and it gives indications about the market, not buy/sell signals. If you're new to forex, go ahead and save yourself a lot of time by just ignoring indicators which use arrows and buy/sell signals, as they work for a while, then they don't work, and the process repeats. GMMA is about studying price relationships, and requires actual thinking! That's why it works.

[Pip Hunter E]

Originally Posted by Squid

Ohhhhhhhhhh!!! That's what that means - no indicators. And all this time I've been scratching my head wondering why so many people like to trade with no clothes on and how you keep your butt from sticking to the chair.

Squid

ROFL