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
Introduction to the GMMA
Guppy's Multi-Moving Average (GMMA) 131 replies
Guppy Multiple Moving Avarages (GMMA) 50 replies
Guppy Multiple Moving AverAge，GMMA 40 replies
Guppy GMMA in 3D 3 replies
DislikedI usually trade naked, but if I use an indicator it's probably the guppy.Ignored
Dislikedim 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.Ignored
Dislikedon 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.Ignored
DislikedOhhhhhhhhhh!!! 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.
DislikedDear Big Wave Rider,
the picture was quite small so i could not read your settings. Can you please share with us what timeframe you are using and what are the settings of your stochastic and macd indicators? Thank you for your help in advance!
All the best, xrbor.Ignored
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