dow trade todwy. multiple lots . same rules......
T1 hit. partial profit booked
rest target at T2.
sl at 100% fibo.... risk free trade
rest target at T2.
sl at 100% fibo.... risk free trade
1
Guppy Multiple Moving AverAge,GMMA 47 replies
Guppy Multiple Moving Avarages (GMMA) 50 replies
The Ultimate Guppy Multiple Moving Average (GMMA) Thread 73 replies
Guppy GMMA in 3D 3 replies
HELP! GMMA (Guppy's Multi-Moving Averages) Trading Mehod 3 replies
DislikedT2 acheived. all yesterdays US30 positions closed in profit {image}Ignored
Disliked...Disliked{quote} 1. When you initially place a trade, where do you place the SL, what is your standard practice? one difference in forex trading is the contracts have no expiry. that makes things easier. so i dont place any stoploss. if the trade goes against me means the trend has changed,i hold on to the trade, wait for trend to change again in my direction and then add positions as per trend strength.... keep patience till all my positions are squared off at the same TP. 2. Does your broker allow you to place two partial TPs? I'mIgnoredIgnored
Disliked{quote} And this one. T1 below, T2 not in view. I would appreciate any comments on these trades. {image}Ignored
DislikedT2 acheived. all yesterdays US30 positions closed in profit {image}Ignored
Disliked{quote} account update. 16 aug to 20 aug...... {image} i think i have proved that the strategy works.....Ignored
DislikedHi Rajesh, I have come across this thread recently and currently having a read to catch up to present. I have tried to setup my charts similar to yours and have downloaded all the attached template/indicators from post #155, however my charts do not look similar to yours. Can you point me in the right direction please. I have applied all (except zig-zag) to my charts - how do I get the fan EMA's? Do I need to make any edits to the RSI's for the colours etc Thank you.Ignored
Disliked{quote} I have seen various setting for the EMA, Just to confirm, the EMA's are 30, 35, 40, 45, 50 and 60 for this method (Rajesh) of trading... For the RSI, to confirm the settings 6 and 12, I assume the colour is more of a visual aid than anything else?Ignored
Disliked{quote} You certainly have! I have another question for you. In your manual you say this: "A new trend is defined by the long-term (L/T) group of EMAs crossing over and re-aligning themselves in their correct order." Yet as an experienced user you are able to vary what you do with the confidence of experience behind you. Do you ever use the colour change to define a new trend (and not wait for the crossover), or do you ever wait for the crossover but not wait for the EMAs to re-align themselves?Ignored