this is the trade i am in now.... reliance futures. image 50 % retracement, breakout candle where all criteria are fullfilled. image fibo targets from breakout candle to swing low. T1 and T2 acheived. recently i have added a third lot, which i am ...

Guppy's Multi-Moving Average (GMMA)

welcome sagar, welcome to this forum. this is your first post. i am using this system since more than 2 years with decent gains. all the rules are very well documented. we have taken a break as there is nothing more to add to. but any inputs or ...

Guppy's Multi-Moving Average (GMMA)

thank you sir

Guppy's Multi-Moving Average (GMMA)

sir, can you share what are you looking for ?

Guppy's Multi-Moving Average (GMMA)

anyone watching DOW ? image

Guppy's Multi-Moving Average (GMMA)

todays trade summary image no momentum in the instrument today. market closed slightly above my entry price. so carried the trade for tomorrow. will trail stoploss on lower channel. even if i get stopped out tomorrow ( market too volatile) loss ...

Guppy's Multi-Moving Average (GMMA)

entry image targets image

Guppy's Multi-Moving Average (GMMA)

our family is celebrating my grandmothers 100th birthday. so did not trade this week. i have already posted many live future trades with logic of entry, stoploss and targets. will post again next week when i am back to trading. the logic of ...

Guppy's Multi-Moving Average (GMMA)

i agree sir, that is why i have posted specific details in my post . last 2-3 weeks i am not trading futures but selling options( selling call options to be specific )...... because the markets are in downtrend and too volatile . voltility index is ...

Guppy's Multi-Moving Average (GMMA)

Please ignore my last 2 posts if they are not helpful in currency markets

Guppy's Multi-Moving Average (GMMA)

Hi Guppy Traders, due to very high volatility in the market i am not trading futures. the chances of hitting SL on both sides is very very high in equities as well as indices. one more way of trading volatility using Guppy is as follows :- look at ...

Guppy's Multi-Moving Average (GMMA)

steps for using strategy tester in MT4 1) click View Tab and open Strategy Tester/ Ctrl+R 2) select symbol and period 3) tick Use date and select any random dates you want. 4) tick Visual mode and select max speed on the slider. 5) Click Start your ...

Guppy's Multi-Moving Average (GMMA)

very well said Spudfan sir. i will suggest using strategy tester tool in MT4 to simulate charts and practice virtual trades. it is much better than manual backtesting. easy to document the pros and cons of any trading system. for those who dont know ...

Guppy's Multi-Moving Average (GMMA)

dont count pullbacks. look at the bigger picture in higher timeframes. look at the strength of trend in current time frame. let me try to explain one of the instruments i have been successfully trading since many months. look at its daily chart. it ...

Guppy's Multi-Moving Average (GMMA)

agreed

Guppy's Multi-Moving Average (GMMA)

very true. look at nifty(index) h1 chart today. last 7 candles (market is open 6 hrs 15 min.. hence 7 candles) massive gap down open > 1.5% decline, second candle bullish engulfing, 3rd and 4th candles taking index to >1.5 % in positive territory. ...

Guppy's Multi-Moving Average (GMMA)

Yes, treat it as a continuation of the previous trend, which makes it possible to enter on usual rules (EMA channel, RSIs, Fibo).

Guppy's Multi-Moving Average (GMMA)

oohoo, the price action and the ema channel is too far from the LT group. the chances are the price will return back to LT group. so this is not a good setup to trade. the best trades are when price wicks or small candles come into or near the LT ...

Guppy's Multi-Moving Average (GMMA)

sorry. i dont have these in mt5 the long term guppy set is 30,35,40,45,50,55,60.....EMA applied to close the channel is 10 EMA set to high and low

Guppy's Multi-Moving Average (GMMA)

Agreed but for H1 chart, i suggest to add rsi 24 to 6 and 12. checkout on your charts. it might save few loosing trades. this is just a suggestion as i cant check it in my system.

Guppy's Multi-Moving Average (GMMA)