Guppy Moving Average !! - page 3
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Three Types of Relationships derived from GMMA
1. Pullback without Compression
• Short term group pulls back
• No compression in long term group
• Safe mid-trend entry based on temporary price weakness
2. Pullback and Compression – Weakening Trend
• Pullbacks occur in the context of continued compression in the long term group. This is a weakening trend as investors join the selling.
• Pullbacks have no investor support. Compression shows investors are selling.
• Sell off threatens the trend. Compression and dip shows strong investor selling.
3. Penetration – End of Trend
• Short term group penetrates long term group.
• Long term group compresses as investors BUY.
• Point A is confirmation of exit signals.
• Point B is full GMMA confirmation.
Hi, yusof786
Very Good work I really appreciate your XPMA with GMMA, such a nice indicator. I lost much time & money to learn TA. studied tons of indicators but trend trending is awesome. and U have given excellent indicator. U R such a nice man. Thanks a lot