GMA + Candlestick combination?

Beginner Questions
1

Hi all,

Thank you for taking the time to help me!

Here’s my situation - I’m currently using GMA to place my trades. I’m currently trading in the 15 mins time frame. I have yet to significantly explore the other time frames and would really appreciate it if some kind soul could enlighten me more on GMA. =)

The other thing is, I have studied candlesticks (from Steve Nison’s books) and I was wondering if any traders have ever tried GMA and candlesticks. Or candlesticks with other indicators.

Any help is greatly appreciated.

Good trading

2

Generally, I’d like to use candlestick formations with support and resistance levels. Whether that is trendlines, horizontal S&R, Fibs, Pivots, it will just provide more confluence and confirmation. I have no idea what GMA even is, so I can’t put any input on that! :stuck_out_tongue:

Clark.

3

Is the GMA you’re using Daryl Guppy’s “GUPPY MULTIPLE MOVING AVERAGE” aka “GMMA”? If so here is a link to Daryl’s web site with a pretty good explanation of the GMMA, some pretty pictures and how to trade with it. :slight_smile:

Guppytraders.com - GMMA Guppy Multiple Moving Average

4

Ah, the abbreviation threw me off… :stuck_out_tongue:

5

Hello Clark and d-pip,

Thank you for taking your time to reply on my thread, really appreciate it =)

6

Candle charts are awesome and I use them on every trade.

I mainly look for reversal formations since I mainly do swing trading, keep the positions for a few days and get out…

The candle charts complement momentum indicators quite well, thats the combination that I use.