Here is a new indicator -- R4M-GuppyPoints-OnChart. It is a new concoction that combines the idea behind Focal Points with Daryl Guppy's GMMA (Guppy Multiple Moving Average). The results are similar to FocalPoints and though it may ruffle some ...

Trading Focal Points -- "A Leap Of Faith"...

Yes. And I'm the good cop and you're the bad one, right? @parisboy -- I don't know if I should be admitting this, but if it weren't for forex I'd make a great criminal. It's in my nature...

Trading Focal Points -- "A Leap Of Faith"...

@aahmad29 -- no apologies are necessary. I know you are good trader and if you have 8 trades under your belt then you are more experienced with this strategy than me. I was introduced to it last week and spent my time coding rather than trading. ...

Trading Focal Points -- "A Leap Of Faith"...

This is a highly discretionary strategy. If you've been reading then you'll know that FPs compute a guesstimated TargetPrice. You get to decide what to do with it -- no one is going to hold your hand. Correction: I'm not going to hold your hand, ...

Trading Focal Points -- "A Leap Of Faith"...

Dino -- here's an unfamiliar concept -- how about helping me to help you. Provide a chart and perhaps I can help by reproducing the problem. It could be the yellow line is off screen -- i.e. you may need to zoom out.

Trading Focal Points -- "A Leap Of Faith"...

DrDave -- any words of encouragement for your protege? How about "you go girl"!!

Trading Made Simple

Tekkies -- you are the gift that keeps giving. You are in so deep that you have absolutely no clue when it's time to back away, do you?

Trading Made Simple

Hey DrDave -- wouldn't you agree it's mind blowing that someone like your side-kick Tekkies -- who's TE accounts are so underwater they are about to fall off the planet -- would designate herself to be the one to instruct @Jojotrading on how to ...

Trading Made Simple

Guppy (GMMA) Long and Short -- similar to Focal Points, but uses EMAs (instead of SMAs) and different spans. But it again shows price's pendulum-like behavior. Check-out where the Long and Short GMMA lines cross -- almost exactly at FPs -- and often ...

Trading Focal Points -- "A Leap Of Faith"...

@Mafedavid -- thanks for posting your chart -- it also allows me to participate. Check the image below -- it clearly shows the Double Bottom you are referring to. My understanding is that Double Bottoms / Tops are not FPs. That is, there is no ...

Trading Focal Points -- "A Leap Of Faith"...

@Tekkies -- a question: What would possess a human who's TE accounts are on the verge of falling off the planet to believe they are qualified to provide advice to a struggling trader? Is your goal to make @Jojotrading's account look like yours?

Trading Made Simple

@Tekkies -- you're even funnier... You boast TE accounts that are so far underwater they are on the verge of falling off the planet. And you thought I was serious about you being the one to jump in and give advice to @Jojotrading? Madam -- you must ...

Trading Made Simple

Too funny... Many really, really smart people (not including Tekkies and DrDave) have been trading forex for over 100 years in the hope of making a profit. And you seriously expect a brief response in a public forum is all you need to transform from ...

Trading Made Simple

I suppose you'd suggest that I not sit staring at my screen waiting to reach TP...

Trading Focal Points -- "A Leap Of Faith"...

Interesting -- I just now noticed the Double Top in your chart. That's another good sign my EURCHF trade is headed in the right direction. Perhaps I'll create another indi that attempts to detect Double Tops / Bottoms.

Trading Focal Points -- "A Leap Of Faith"...

Now hold on a minute -- do you mean to say this strategy also requires patience? You didn't mention that before. I'm not sure I have the right psychology -- patience is definitely not one of my strengths...

Trading Focal Points -- "A Leap Of Faith"...

Right now is probably not the best time to open a trade -- immediately after the Asian open. I'm looking forward to giving this spin as the London Open approaches.

Trading Focal Points -- "A Leap Of Faith"...

A minor tweak to the indicator to support attaching it multiple times (with different settings) to the same chart: file

Trading Focal Points -- "A Leap Of Faith"...

Do you mean following 28 pairs at the same time on a single chart or dashboard? Probably won't happen -- there is still too much discretion going on and the rules are not well defined. The best I can suggest is to use a symbol changer to quickly ...

Trading Focal Points -- "A Leap Of Faith"...

Okay, cool -- then I'm okay. My TP is closer to 1.0209 but that's probably because the indi is using the earlier High. But all is good -- you've simply demonstrated that when the rubber hits the road @parisboy's brain is still smarter than my ...

Trading Focal Points -- "A Leap Of Faith"...