Ask The Trader

Calendar

«  

June

  »
M T W T F S S
 
 
 
 
 
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
10
 
11
 
12
 
13
 
14
 
15
 
16
 
17
 
18
 
19
 
20
 
21
 
22
 
23
 
24
 
25
 
26
 
27
 
28
 
29
 
30
 

Click on a day to view the event

Today
Traders & Investors Club Event

Elliott Wave International

Where could I find more infos about GMMA strategy, except of Kevins video? Thank You.

Frank Grof  |  Sun, 11/08/2013 - 13:36

I would like to start with this strategy for long term trading daily candles.
Is there a forum or detailed description of this technique? Is anybody actively using this strategy? Thank You very much for answers.

0
Your rating: None
Login to post comments |  Email this Ask The TraderEmail this Ask The Trader |  Facebook |  Twitter |  Digg |  del.icio.us | 

Answers

Kevin Barry  |  Sun, 11/08/2013 - 15:05
Kevin Barry's picture

Hello Frank,

Thank you for your question.

The MMA is very good trend-following method, which I use for my longer-term position trading. The drawback is that, like any other MA-based strategy, it will not behave well in a sideways market. To trade this type of strategy, it is necessary to be fully commited and take every signal because the bulk of your profit will come from a relateively small number of trades.

For further study of the MMA, I would recommend the Daryl Guppy book called Trend Trading.

You can also get more information on Daryl's website here.

I hope it helps.

Best Regards,
Kevin

Frank Grof  |  Sun, 11/08/2013 - 16:07
Frank Grof's picture

I ordered a book already. A big thank You Kevin...

Copyright © 2011 Traders & Investors Club. All Rights Reserved.