Approximately 18 minutes into this youtube vid Daryl begins to explain the “Guppy Moving Average”, the “Count Back Line” and how combined with established/confirmed trend lines he scans for trading set-up.
On the youtube vid, he also explains how to use the “Count Back Line” for entries, exits and stop loss levels.
Guppytraders.com - Trend Trading
If you really want an in-depth understanding of Daryl’s trend trading methods, I’d suggest reading his book “Trend Trading”.
I have seen that video and still found guppy a complicated one …not easy …finally giving up this strategy.
he did not discuss these things …
How CBL is related to GMMA .
Does CBL is a normal trend line like other trend line we draw …what is the specialty with this line ?
When he buys and when he sells.
These are not clearly mentioned in his strategy.
I’m giving up here. I was just trying to learn it …I dont like complicated strategies…I am happy with other strategies.
Thanks all who has supported providing links / materials etc.
Well… I suppose you do need to have at least a little mental horsepower to understand how to count back three candles and then draw a simple horizontal line. :17:
Understand order flow then you will understand how people use or create their strategies. It’s all about demand and supply, not just using patterns to follow.
You will waste tons of time hopping round the world without knowing what you’re doing lols.