hi oohoo, i see that you are trading H1 chart. what is your daily trading time in hrs ? in india it is 6 hrs.... in forex .... i dont know... rsi settings will change accordingly. please let me know

Guppy's Multi-Moving Average (GMMA)

this is the daily chart of the instrument i traded and quoted above image very very high probablity trade index and sector in downtrend. fibo, rsi, channels on H1 chart ..... easy trade

Guppy's Multi-Moving Average (GMMA)

" I have zoomed out to show the chart pattern." never zoom in or out. these are the settings i use . image click the + lens till it becomes grey click the - lens twice image this is the chart settings. the more you zoom it or out.... more ...

Guppy's Multi-Moving Average (GMMA)

possibaly..... 1) the entry candle is not a bullish candle closing above the ema. 2) ideally both rsi should cross from below 50 above and eachother on the same candle to indicate a continuation pattern. i really dont know how the forex market works ...

Guppy's Multi-Moving Average (GMMA)

absolutely right. more than that there are few blue emas above 60 ema. so trend is not yet formed.

Guppy's Multi-Moving Average (GMMA)

yes sir. whenever rsi 6 goes above 80 or below 20, it is extremly overbought or oversold instrument. most likely the price will pullback. it does not mean change of trend and trend might conrinue after some degree of pullback. but it is better to ...

Guppy's Multi-Moving Average (GMMA)

i got only one trade meeting all criteria image my T1 was easy. the price did not teach T2 image now note that the rsi 6 was below 20 and next bullish candle the rsi 6 touched rsi 12. so as per our rules, at the close of that candle i trailed my ...

Guppy's Multi-Moving Average (GMMA)

the indian markets have been extremly volatile last week with gap ups and gap down openings, more than 3% moves in either direction. 500 points on either side nifty moment is impossible for anyone to trade. image

Guppy's Multi-Moving Average (GMMA)

" option is set to true " ..... smooth lines " option is set to false "...... stepladder kind of display. set this option to true (default)

Guppy's Multi-Moving Average (GMMA)

you are not trading a instrument. you are trading a instrument in a pirticular time frame. any instrument will show diffrent trends in diffrent timeframes. all mtf indicators will repaint/recalculate till that timeframe is over. more possibality of ...

Guppy's Multi-Moving Average (GMMA)

use this. more accurate file

Guppy's Multi-Moving Average (GMMA)

hi guys, for me it is simple. 1) enter trade by identifying a single breakout candle as per rules with 2 lots. 2) always keep stoploss at opp 10 ema channel for both the lots. so my risk is defined. 3) book one lot at TP 1 or R:R= 1 4) shift SL of ...

Guppy's Multi-Moving Average (GMMA)

"I have created a separate file for each MA line" wow. great work Spudfan. thanks.

Guppy's Multi-Moving Average (GMMA)

Hi kd looks like you are trading pullback. you will make green pips i am sure. but trading continuation pattern is a high probablity low risk trade.

Guppy's Multi-Moving Average (GMMA)

"I consider getting out at B/E as a win! Not losing is important. You live to trade another day!" in my notebook, iwill write this in golden letters

Guppy's Multi-Moving Average (GMMA)

great kd. trading news is extremly difficult. retail traders should not . always better to trade after the news impact. one more suggestion. on entry, place your stoploss at opp ema channel, if you are not monitoring the trade... if you are ...

Guppy's Multi-Moving Average (GMMA)

entry is right. now money management. first SL at 10 ema high........ etc etc.

Guppy's Multi-Moving Average (GMMA)

image image

Guppy's Multi-Moving Average (GMMA)

when the price action is in or very near to LT group, the ST cluster is very difficult to analyse, that is the reason why i replaced them with 10ema channel. no LT compression means the trend is strong and investors are supporting the trend. adding ...

Guppy's Multi-Moving Average (GMMA)

1 ) first pullback 2) no LT compression 3) channel break 4) rsi agree 5 ) looks like aarround 50 50% fib retracement Time to pull the trigger on close of candle

Guppy's Multi-Moving Average (GMMA)