GBPUSD is in pullback in uptrend. time to trail the SL. Question ? 1) do i trail it to the low of my entry candle ? ... means my trade will be at loss...(horizontal yellow line) 2) do i trail it at the low of the low of the second bullish candle ...

Guppy's Multi-Moving Average (GMMA)

USDCAD is pulling back on daily chart.... so TP at 50% fib reteacement. image

Guppy's Multi-Moving Average (GMMA)

GBPUSD is in uptrend in daily chart . so SL at low of daily candle and TP at previous high. image

Guppy's Multi-Moving Average (GMMA)

hope all are doing well.... to refresh this thread .... todays trades in progress.... image image

Guppy's Multi-Moving Average (GMMA)

it is just another way to say buy the dip. You get to define for yourself what constitutes a dip. No consensus necessary. there are no hard and fast rules. these are only guidelines.

Guppy's Multi-Moving Average (GMMA)

welcome sir, any suggestions/guidelines on how you trade the templete ?

Guppy's Multi-Moving Average (GMMA)

Let us analise your GBPUSD chart on H! timeframe you were trading. for convinience i have changed color of LT guppies (20 to 50 ema) to lime green. image . "1) All L/T EMAs must be evenly spread. This is the first criterion. if this is not ...

Guppy's Multi-Moving Average (GMMA)

the place where you have drawn the arrows , there is no short entry ( as all mmas never turn red) only possible entry is long ( as all mmas are blue)

Guppy's Multi-Moving Average (GMMA)

image short ?

Guppy's Multi-Moving Average (GMMA)

i suggest you to stick to one timeframe OR trade in direction of HTF. switching between timeframes causes analysis paralysis. We dont trade an instrument. We trade "an instrument is a specific timeframe which suits our setup/strategy"

Guppy's Multi-Moving Average (GMMA)

lastly the chart also shows a trendline break and indicating an entry at the same candle. the 100 ema is acting as a flag trade. the daily candle is bearish. image multiple systems, technical analysis. indicating a short entry.on one single ...

Guppy's Multi-Moving Average (GMMA)

the same chart above , if you use APB candles...... image the first bearish candle without any upper wickbecomes your entry candle ( marked with white arrows) , swing high becomes SL. the synergy APB is a trend trading system by itself and coupled ...

Guppy's Multi-Moving Average (GMMA)

Just for example.... . image the chart above is a good chart to trade. in downtrend the retracement is 50% 8 candles touched the 50% mark which is acting as a strong resistance. also note that the 100 ema is acting as support and 150 ema as ...

Guppy's Multi-Moving Average (GMMA)

which tool you use to draw arrows and text ? your pics look very elegant...

Guppy's Multi-Moving Average (GMMA)

in both cases going short when all MMAs turn red is a valid entry image image if gold is in downtrend on H4, pullback on H4 will look as uptrend on H1. you will always find different trends in different timeframes. we dont trade an instrument. ...

Guppy's Multi-Moving Average (GMMA)

i trade in indian markerts mainly index (nifty) or few select instruments. so sorry i cant help out to select pairs to trade. ( in india only INR pair trade is allowed that also few hours a day.)

Guppy's Multi-Moving Average (GMMA)

image image todays P/L as a hobby trader i am very much satisfied sir.

Guppy's Multi-Moving Average (GMMA)

1) entry will hit SL, wether entry or not? yes. it is a valid entry as per charts which subsiquently proved to be a false breakdown. do not expect all trades to be in profit. the only advantage of trading breakouts/breakdowns is you enter the trend ...

Guppy's Multi-Moving Average (GMMA)

also it is always better to look one timeframe higher to confirm the direction of the trend. also it is better to look at the daily candle to confirm the todays trend . both should be inline with your entry .

Guppy's Multi-Moving Average (GMMA)

1) in india mt4 is not a trading platform with any broker. 2) indian markets are open only 6 hrs a day 3) there is no fixed set of rules and time frame. some basic principles of technical analysis as trendline break, flag trades, fibo retracements ...

Guppy's Multi-Moving Average (GMMA)