my trade

GUPPY MULTIPLE MOVING AVERAGE
This indicator was developed by Daryl Guppy. It is fully explained in trend trading. Captures the inferred behaviour of traders and investors by using two groups of averages. Uses fractal repetition to identify points of agreement and disagreement which precede significant trend changes.

APPLICATION
Applied to understand the nature and character of the trend. Used to assess the degree and extent of trading activity. Excessive trading activity can destabilise strong trends. Trend analysis enables more effective selection of appropriate trading strategies such as breakout, trend continuation etc. Can be applied to long side and short side trading. Can be applied to intraday trading. Also used for longer term investment style analysis.

http://www.guppytraders.com/gup329_f...%20Example.jpg




TACTICS

1. Join established trends at points of price weakness
   Join established trends breaking to new highs
   Trade breakouts using rally dips and rebounds
   Trade downtrend rallies as rallies rather than trend breaks
2. Recognise trend breaks as they develop

RULES

1. Degree and nature of separation in the long term group define trend strength and weakness
   Degree and nature of separation in the short term group define the nature of trading activity.
   Degree and nature of separation between the two groups of moving averages define the character of the trend.
   Compression shows agreement on price and value.
   Compression of both groups at the same time indicate major re-evaluation of stock and potential for a trend change
   Trade in the direction of the long term group of averages
   The relationships between the groups provide the necessary information about the nature and character of the trend.
2. Do not use as a moving average crossover tool

ADVANTAGES

1. Enables effective analysis of the trend environment
   Improves selection of the appropriate trading tactics
   Better understanding of trend strength
   Effective evaluation of unusual price movements, such as dips and spikes
2. Effective understanding of trading activity and behaviour

DISADVANTAGES

1. Not effectively applied to trend less stocks
   Cannot be applied to all trending stocks
2. Do not use as a moving average crossover signal

break 92.80 looking to add

reversal limit short @ 93.40

moving upward V shape position - 22pips

add 93.05 average now 92.94 x 2

mmm watching the paint dry again ....coffee time

add 93.06x2 average @ 93.00 x 4

ouch! shes moving up

add 93.15 x 2 average now 93.05 x 6

yeah closed part of position now average 93.04 x 3

closed all but the original position 92.83 x 1 now i can sleep better

limit above stand

limit taken average now @93.11

add 93.51

daily HA(Heikin Ashi) exhibit strong reversal , place limit short @ 95.21

add 93.50

average short position now 93.31 x 4

watching ...... looking to add short

add 93.89 x1

expecting "M" formation

http://img32.picoodle.com/img/img32/...gm_6a8d1df.png

average short position @93.83