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The Gorilla Method

  • #4,941
  • Jan 9, 2019 11:36am Jan 9, 2019 11:36am
Quoting cfudge
Any body catch these almost perfect VSs I was sleeping,unfortunately. Chris {image} {image}
I did Chris... still in EUR/GBP and out of USD/CHF at S3.
  • #4,942
  • Jan 9, 2019 12:08pm Jan 9, 2019 12:08pm
Quoting cfudge
Any body catch these almost perfect VSs I was sleeping,unfortunately. Chris {image} {image}
Hi Chris,
This is still something I'm not sure about and comes up a lot.
In your E/G example, whenever the price touches the 30ema, the 4ema is below the 15, so that should not be a VS. The emas don't line up again until price moves outside the 15 which is well away from the 30....so not a VS. If it IS a VS, then price could be 15-20 pips from the 30ema and that doesn't seem right.
Your thoughts on this are appreciated.
Cheers!
  • #4,943
  • Edited 1:56pm Jan 9, 2019 1:18pm | Edited 1:56pm
I believe CM7 stated that we need a maximum of 10 pips from 30 ema +/- from the high/low of a candle.

As far as the charts I posted, they are valid VSs because I wait for the candle to close first. This does mean in certain instances the entry will be away from the 30ema.
I wasn't comfortable just placing a limit order at the 30ema, I like to have the candle close first. This entry method was validated, early on, by CM7

If you look back 5 candles on the two charts from today that I posted you will see what I mean. On both of these charts I would have entered earlier than the 5th candle back, which would have also been where a limit order would have triggered.

Chris
  • #4,944
  • Jan 9, 2019 1:51pm Jan 9, 2019 1:51pm
Quoting Maule
Hi Cm7. Love your stragegy. Trying out now on a EURCAD Setup. {image}
Excellent chart my friend,visible and easy on the eyes :-)
  • #4,945
  • Jan 9, 2019 1:55pm Jan 9, 2019 1:55pm
Quoting Cm7
{quote} My pleasre, now is + 70 but please don't close your position now , it's better to shift your SL to +2
This trade touch SL, waiting for new VS.
  • #4,946
  • Jan 9, 2019 3:37pm Jan 9, 2019 3:37pm
Quoting halvarado89
{quote} This trade touch SL, waiting for new VS.
Mine came close but it still running and recovered 35 pips
  • #4,947
  • Jan 9, 2019 4:36pm Jan 9, 2019 4:36pm
Quoting Detto
{quote} I did Chris... still in EUR/GBP and out of USD/CHF at S3.
Hello Detto. Sorry but can i ask a newbie question?

For your EUR/GBP trade that you are still in, did you manually close and reenter again?
Cause from the initial entry, the 4x15 twice and we are suppose to manually close the trade if that happen is it not?

sorry once again if this was a stupid question
thanks
  • #4,948
  • Jan 9, 2019 4:54pm Jan 9, 2019 4:54pm
Quoting garados
{quote} Hello Detto. Sorry but can i ask a newbie question? For your EUR/GBP trade that you are still in, did you manually close and reenter again? Cause from the initial entry, the 4x15 twice and we are suppose to manually close the trade if that happen is it not? sorry once again if this was a stupid question thanks
Entry Rules for Buy: (Tuesday - Friday)

1. Today's pivot is bigger than yesterday's Pivot.
2. All EMA 30,15,4 positions are above Pivot .
3. Must be prepared in front of a laptop from 07.00 Jakarta time.
4 Entry buy if the price returns to EMA 30.
5. The target is R3 but this position can be closed if the last 4 candles cannot penetrate upwards while the New York market is immediately closed.
6. Stop loss is 30 pips and you can Exit if EMA 4 crosses Ema 15 down.

Based on rule no 6, you can close the position
  • #4,949
  • Jan 9, 2019 5:18pm Jan 9, 2019 5:18pm
GORILLA watching nzdcad closely...
  • #4,950
  • Jan 9, 2019 5:35pm Jan 9, 2019 5:35pm
Quoting garados
{quote} Hello Detto. Sorry but can i ask a newbie question? For your EUR/GBP trade that you are still in, did you manually close and reenter again? Cause from the initial entry, the 4x15 twice and we are suppose to manually close the trade if that happen is it not? sorry once again if this was a stupid question thanks
Well I am not Detto, If it was me, I would entry right away on Ema 30, [and exit it If at the close of that candle 4x15.]
Then when the price touch EMA 30 again Re Entry and repeat the procedure between [ ]
  • #4,951
  • Jan 9, 2019 5:41pm Jan 9, 2019 5:41pm
Quoting Rufus
{quote} This made me smile...I live in America, it is a great country. Thank you for your words. I have been following along now for sometime, a trend trader myself. Your use of pivots to determine trend and trade direction is beautiful. The simplicity of how you trade is what caught my eye. Besides that the thread if a fun read. Rufus
Rufus, what you said is right.........the simplicity and clarity of the system also caught my attention........and also a fun place to enjoy yourself.

Well done, Chris.
Time always comes before price
  • #4,952
  • Jan 9, 2019 6:17pm Jan 9, 2019 6:17pm
thank you for your input and advice ryutaka and fajrss!
  • #4,953
  • Jan 9, 2019 6:35pm Jan 9, 2019 6:35pm
VS from GBPJPY for a short. Agree or disagree. let me know 10Q
Attached Image (click to enlarge)
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  • #4,954
  • Jan 9, 2019 6:40pm Jan 9, 2019 6:40pm
Quoting dandzl
VS from GBPJPY for a short. Agree or disagree. let me know 10Q {image}
Disagree Bro.
GBYJPY is NOT suitable for Gorilla trading; it gets special treatment and Cm7 makes those calls.
Also, if this was NOT GJ, the emas still need to be BELOW the pivot because today's pivot is lower than yesterday's.
Hope this helps.
  • #4,955
  • Jan 9, 2019 6:40pm Jan 9, 2019 6:40pm
Watching closer to GU, NU, EA and EJ..
NC already move?
  • #4,956
  • Jan 9, 2019 6:44pm Jan 9, 2019 6:44pm
Quoting dandzl
VS from GBPJPY for a short. Agree or disagree. let me know 10Q {image}
it looks ok to me
  • #4,957
  • Jan 9, 2019 6:48pm Jan 9, 2019 6:48pm
Quoting Ryutaka
{quote} it looks ok to me
Thanks for the response bro!
  • #4,958
  • Jan 9, 2019 6:54pm Jan 9, 2019 6:54pm
Quoting dandzl
{quote} Thanks for the response bro!
No worries
  • #4,959
  • Jan 9, 2019 6:59pm Jan 9, 2019 6:59pm
Quoting Ryutaka
{quote} it looks ok to me
Really??
That trade meets the parameters you wrote in post 4948 above, if applied to a Sell?
  • #4,960
  • Jan 9, 2019 7:00pm Jan 9, 2019 7:00pm
Quoting Ozymandias
{quote} Disagree Bro. GBYJPY is NOT suitable for Gorilla trading; it gets special treatment and Cm7 makes those calls. Also, if this was NOT GJ, the emas still need to be BELOW the pivot because today's pivot is lower than yesterday's. Hope this helps.
Just saw.
Thanks!
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