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Guppy re-invented

  • #901
  • Aug 8, 2024 8:18am Aug 8, 2024 8:18am
Quoting Eddyrj
Good morning, everyone! I’m very pleased with the Walvekarreje system. I believe it was the missing piece to complement the other system I use, the Shahab8b method. I’ll be sharing my charts here soon. To give you a heads-up, I’ve been using the Shahab8b system for entries and the Walvekarreje system for exits. I must say that the results from my recent trades have been extremely rewarding!
please don't hijack this thread with the shahab8b method, seems like a plug for that, on this group we are only focused on one system for enrty and exit to avoid any further confusion
  • #902
  • Aug 8, 2024 8:47am Aug 8, 2024 8:47am
Quoting Eddyrj
Good morning, everyone! I’m very pleased with the Walvekarreje system. I believe it was the missing piece to complement the other system I use, the Shahab8b method. I’ll be sharing my charts here soon. To give you a heads-up, I’ve been using the Shahab8b system for entries and the Walvekarreje system for exits. I must say that the results from my recent trades have been extremely rewarding!
I had a quick look at Shahab8b COT trread and what hope&glory says is absolutely right.
You said you are using this system for exits. We are all weak in TP and Exits. So will you please explain how use this for Exits?
  • #903
  • Aug 8, 2024 9:20am Aug 8, 2024 9:20am
Quoting walvekarraje
{quote} I had a quick look at Shahab8b COT trread and what hope&glory says is absolutely right. You said you are using this system for exits. We are all weak in TP and Exits. So will you please explain how use this for Exits?
I think much better results are obtained when trading with trading conditions below the magenta cloud. what is your opinion on this? And of course rsioma should not be in extreme buying and selling zones
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  • #904
  • Aug 8, 2024 9:23am Aug 8, 2024 9:23am
Quoting ozkanim
{quote} I think much better results are obtained when trading with trading conditions below the magenta cloud. what is your opinion on this? And of course rsioma should not be in extreme buying and selling zones
True.
  • #905
  • Aug 8, 2024 9:34am Aug 8, 2024 9:34am
Since I started using this system on 10 July, I have doubled my account. Small numbers but it proves the system works.

I was actually at a point where I was evaluating what it will take to make my FX trading journey successful, because it seemed nothing I tried was working.

I have taken stupid trades I shouldn't take. Not following the rules. At times revenge trading. I have closed out winning trades too early.
The stupid mistakes I made, annoyed me but made me refocus and try to understand the system better.

I am now calmer and work to analyse each trade before taking it.
I will keep working on staying in the trade for as long as necessary but not be too greedy.

The miracle is that this system found me by divine guidance.
Doctor Walvekarraje, I cannot thank you enough for creating such a simple but powerful system with clear and simple rules to follow.

I wish my words had more power, but I bless you everyday and I send you God's blessings and protection.
  • #906
  • Aug 8, 2024 10:09am Aug 8, 2024 10:09am
Quoting PereRaphael
Since I started using this system on 10 July, I have doubled my account. Small numbers but it proves the system works. I was actually at a point where I was evaluating what it will take to make my FX trading journey successful, because it seemed nothing I tried was working. I have taken stupid trades I shouldn't take. Not following the rules. At times revenge trading. I have closed out winning trades too early. The stupid mistakes I made, annoyed me but made me refocus and try to understand the system better. I am now calmer and work to analyse...
Congratulations. what timeframe are you using? also, is there anything important that you observe in this method before entering the process?
  • #907
  • Aug 8, 2024 10:48am Aug 8, 2024 10:48am
Quoting ozkanim
{quote} Congratulations. what timeframe are you using? also, is there anything important that you observe in this method before entering the process?
Please note: I am still learning myself, so you will have to understand the system according to your temperament.

I trade XAUUSD on M5. The biggest learning is to align with the higher timeframe.
All colours of 5 minutes aligned with M15,M30 and H1 tend to be good trades.
If the highest timeframe(in my case H1) has the TE51 alert(the star), this gives very high probability outcomes.
Personal lesson: Be Patient, and wait for the right trades. Some days the market has no money to give.
  • #908
  • Aug 8, 2024 11:04am Aug 8, 2024 11:04am
Quoting PereRaphael
{quote} Please note: I am still learning myself, so you will have to understand the system according to your temperament. I trade XAUUSD on M5. The biggest learning is to align with the higher timeframe. All colours of 5 minutes aligned with M15,M30 and H1 tend to be good trades. If the highest timeframe(in my case H1) has the TE51 alert(the star), this gives very high probability outcomes. Personal lesson: Be Patient, and wait for the right trades. Some days the market has no money to give.
Hmm...very similar to mine. Any news on the scanner yet? Since it was mentioned earlier...
  • #909
  • Aug 8, 2024 11:47am Aug 8, 2024 11:47am
Quoting walvekarraje
{quote} Dei uma olhada rápida no Shahab8b COT tread e o que hope&glory diz está absolutamente certo. Você disse que está usando esse sistema para saídas. Somos todos fracos em TP e saídas. Então, você pode explicar como usar isso para saídas?
I use a different system for my entries, where I enter the order early, risking only 1% of my total capital. Then, I wait for the Guppy system to come into play. Once the GAN ALERTS appear, I adjust the stop to TE21 and exit with a profit that usually exceeds rr >1.
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  • #910
  • Aug 8, 2024 11:55am Aug 8, 2024 11:55am
I’ll be posting both successes and failures here. Here’s another entry; let’s see how it unfolds.
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Waiting for the Guppy system to kick in.
  • #911
  • Aug 8, 2024 12:25pm Aug 8, 2024 12:25pm
Quoting Eddyrj
I’ll be posting both successes and failures here. Here’s another entry; let’s see how it unfolds.{image} Waiting for the Guppy system to kick in.
Conditions not met during this time period
  • #912
  • Aug 8, 2024 1:18pm Aug 8, 2024 1:18pm
Hello, can anyone help me with an answer, is this a valid trade ? thanks in advance.
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  • #913
  • Aug 8, 2024 2:42pm Aug 8, 2024 2:42pm
Quoting Catalin1906
Hello, can anyone help me with an answer, is this a valid trade ? thanks in advance. {image}
Yes, but it would be better if you wait for the conditions to occur after the small time-frame histogram is pulled back and magenta colored. My opinion
  • #914
  • Aug 8, 2024 8:09pm Aug 8, 2024 8:09pm
Quoting Catalin1906
Hello, can anyone help me with an answer, is this a valid trade ? thanks in advance. {image}
RSIMA is above zero, for buy it should be below zero.
  • #915
  • Aug 8, 2024 8:26pm Aug 8, 2024 8:26pm
Quoting PipsArt
{quote} RSIMA is above zero, for buy it should be below zero.
Should it be below zero
  • #916
  • Aug 8, 2024 8:32pm Aug 8, 2024 8:32pm
Quoting ozkanim
{quote} Should it be below zero
Sorry, I mean RSIMA below 50
Read post #206
https://www.forexfactory.com/thread/...4#post14906244
  • #917
  • Aug 8, 2024 8:41pm Aug 8, 2024 8:41pm
Quoting Catalin1906
Hello, can anyone help me with an answer, is this a valid trade ? thanks in advance.
The next candle where all indicators are lime/blue is a valid candle to go long.
  • #918
  • Aug 8, 2024 8:46pm Aug 8, 2024 8:46pm
Quoting PipsArt
{quote} Sorry, I mean RSIMA below 50 Read post #206 https://www.forexfactory.com/thread/...4#post14906244
The RSIOMA should be around 50 and not in overbought or oversold zone.
Go through the RSIOMA document in first post
  • #919
  • Aug 8, 2024 8:49pm Aug 8, 2024 8:49pm
Quoting PereRaphael
Since I started using this system on 10 July, I have doubled my account. Small numbers but it proves the system works. I was actually at a point where I was evaluating what it will take to make my FX trading journey successful, because it seemed nothing I tried was working. I have taken stupid trades I shouldn't take. Not following the rules. At times revenge trading. I have closed out winning trades too early. The stupid mistakes I made, annoyed me but made me refocus and try to understand the system better. I am now calmer and work to analyse...
This is the best compliment i have received.
May God bless you too.
  • #920
  • Aug 8, 2024 9:09pm Aug 8, 2024 9:09pm
Quoting PipsArt
{quote} Sorry, I mean RSIMA below 50 Read post #206 https://www.forexfactory.com/thread/...4#post14906244
This reinforces the hidden divergence
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