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Elliott Wave International

Use of GMMA

DesertTrader  |  Sat, 09/03/2013 - 15:35

Most of the research I have been able to find using the GMMA is dated. Does anyone still use the GMMA bands, especially for ES and Euro day trading? If so, can you direct me to a link? Thanks!

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Answers

Kevin Barry  |  Sat, 09/03/2013 - 18:33
Kevin Barry's picture

Hello,

Many thanks for your question.

In my opinion, the GMMA remains a perfectly valid trading technique. Personally, I tend to use it for longer timeframes so I cannot really comment on whether or not it translates well to a day-trading environment.

I gave a brief presentation on the technique at a previous Traders & Investors Club meeting. The link to the video is here:

http://www.tradersandinvestorsclub.co.uk/video/improve-your-averages

I hope it helps. Any comments welcome.

Best,

Kevin

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