US banks are closed today. Whole market is in deep sleep

GBP/USD M5 Trading

I just shorted GJ now, 44 pips target. With $ Prelim gdp news in 6 hours, want to get few pips and stay away from the market. Not just FOMC, I'M SIDELINES 6-8 hours before any hot news event/s. But except for, FOMC / NFP, I trade other pairs. For ...

Guppy's Multi-Moving Average (GMMA)

I wait for next day Tokyo (today) to open, analyze how the different currencies have acted / reacted to the news. Trade from Tokyo open, trade those pairs, which are least affected from the news, less riskier. I trust in "Live for another day", ...

Guppy's Multi-Moving Average (GMMA)

I can not say much about Guppy as I'm yet to understand and master it in depth. But, per my trading rules, its NO entry at all. Price is in real consolidation mode. London 1st candle, bearish, 2nd candle big bullish (almost bullish engulfing). 3rd ...

Guppy's Multi-Moving Average (GMMA)

Dear Spudfan, If China sneezes, Aussie and Kiwi get cold flu as they have biggest export exposure to China. With so much (worse) happening in China, cities getting locked down, unemployment climbing up, exports getting hit, gdp coming down, Xi Ping ...

Guppy's Multi-Moving Average (GMMA)

Few general rules that I follow. 1. Trade only when at least 1 exchange of a pair is open. Otherwise, pair will not have enough liquidity / volume in the market. For example, how can we expect, say, USDCAD to have any liquidity during Tokyo, when ...

Guppy's Multi-Moving Average (GMMA)

Can i advise 1 more small home work? Remove LT EMA's also, plant line charts (they won't have wicks), draw KPL's. Trend will be clearly visible with KPL's, decision making will be easier as well. With your experience, you should also know, every MA, ...

Guppy's Multi-Moving Average (GMMA)

KPL - Key Price Level PPA - Present PA, compared to Previous PA / KPL TTF - Trading TF. Cheers

Guppy's Multi-Moving Average (GMMA)

How I'm looking at at it, if at all I trade GA ...

Guppy's Multi-Moving Average (GMMA)

There is more distance / space towards up, less on bottom. I better risk towards more than less. More importantly both Aussie and Kiwi have major export exposure in China and with so much risk / chaos happening in China, both Aussie and Kiwi are out ...

Guppy's Multi-Moving Average (GMMA)

I go to D and zoom out till I can see about 2/3 years history ONLY, reason being I'm not interested in what PA did decades ago. Recent PA is more important to analyze present PA. I go beyond only when D does not give you any clarity or it is beyond ...

Guppy's Multi-Moving Average (GMMA)

Why do traders loose money? Why do I do Predictive / Top down Analysis on every weekend? Why these 2 questions at the same time? I will try and explain my experience. Why do trades loose money, when market does ONLY three things? Rallies up, Sells ...

Guppy's Multi-Moving Average (GMMA)

Spudfan, Yesterday's example of my scalp trades. 23 trades, from 2nd hour into Tokyo till London close. Check total number of pips. Do think about it, small water drops make a Mighty Ocean ... Cheers.

Guppy's Multi-Moving Average (GMMA)

I have observed that you predominantly trade 4h. Try and add scalping to your Armory. You will be surprised to know how consistently you can keep banking 10 pips / trade. Grows the account balance. Cheers

Guppy's Multi-Moving Average (GMMA)

Copy book CT trades, perfect Rajesh

Guppy's Multi-Moving Average (GMMA)

GU long. Reasons, same as EU. Target 25 pips, just below today H.

Guppy's Multi-Moving Average (GMMA)

Here ...

Guppy's Multi-Moving Average (GMMA)

Sure Rajesh. My 1st trade on every Monday is after Frankfurt open as, in my experience, its just weekend effects / whipsaws and wicks before that. Last trade by 4 hours into London on Friday (and close by London close), as I do not wish to carry ...

Guppy's Multi-Moving Average (GMMA)

You are so very right about ONE hijacking Big E thread, shamelessly. I stopped reading the thread soon after Big E left for heaven and there was nothing left to learn as well. I'm kind of old school, does not believe in back testing, but rely more ...

Guppy's Multi-Moving Average (GMMA)

Continuing EU predictive analysis, scalping scenario ... Cheers ..

Guppy's Multi-Moving Average (GMMA)