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Quad Candle System

  • #1,321
  • Sep 18, 2017 3:42am Sep 18, 2017 3:42am
Quoting Eldero
{quote} Which one are you referring to? The long quad or the sell quad? The quad long seems to have more strenght. On the other hand the low quad is in the trend direction ( but trend seems to be loosing strenght )
I posted the USDCHF [D1 Short Quad] for comments.

Its a good reason to monitor the previous long Quads progress and think about adjustments if necessary.

The original long has lost some steam, no doubt about it and that rejection off the 7/8 MML is a concern.

As for the D1 Quad short its in a zone of being no where special so not an ideal place to open a trade in my opinion.

A D1 close below the 5/8 MML would be a worry.

Masterrmind...........
Master your Mind then Master your Trades
  • #1,322
  • Sep 18, 2017 4:02am Sep 18, 2017 4:02am
Watching AUDUSD [M15 Chart]
Attached Image (click to enlarge)
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Masterrmind.........
Master your Mind then Master your Trades
  • #1,323
  • Sep 18, 2017 4:18am Sep 18, 2017 4:18am
Quoting Masterrmind
Watching AUDUSD [M15 Chart] {image} Masterrmind.........
AU [M5 Chart]
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Being patient and looking for price to test the lows just below the 80 handle.

Bias at this stage is intraday long

Masterrmind...........
Master your Mind then Master your Trades
  • #1,324
  • Sep 18, 2017 4:59am Sep 18, 2017 4:59am
GJ
Attached Image (click to enlarge)
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  • #1,325
  • Sep 18, 2017 6:26am Sep 18, 2017 6:26am
Quoting Masterrmind
{quote} AU [M5 Chart] {image} Being patient and looking for price to test the lows just below the 80 handle. Bias at this stage is intraday long Masterrmind...........
AUDUSD [M15 Chart]
Attached Image (click to enlarge)
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Ok now we are getting somewhere.

Looking for an opportunity to enter long however, the PA is rather sluggish so I may monitor a little longer.

Lets see.

Masterrmind............
Master your Mind then Master your Trades
  • #1,326
  • Sep 18, 2017 6:30am Sep 18, 2017 6:30am
Quoting Masterrmind
{quote} AUDUSD [M15 Chart] {image} Ok now we are getting somewhere. Looking for an opportunity to enter long however, the PA is rather sluggish so I may monitor a little longer. Lets see. Masterrmind............
AU

Patience paying off.
Attached Image (click to enlarge)
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PA just got another surge down by the bears.

Price now heading down closer to the 0/8 MML (M15).

Price now testing the zone just under the 80 handle that I mentioned earlier.

Looking for an attack from the bulls.

Observation time.

Masterrmind............
Master your Mind then Master your Trades
  • #1,327
  • Sep 18, 2017 6:44am Sep 18, 2017 6:44am
Quoting Masterrmind
{quote} AU Patience paying off. {image} PA just got another surge down by the bears. Price now heading down closer to the 0/8 MML (M15). Price now testing the zone just under the 80 handle that I mentioned earlier. Looking for an attack from the bulls. Observation time. Masterrmind............
AU [M15 Chart]
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 68 KB

Bears are driving the price lower with intent.

Look at the strength shown in the range of the M15 bars now compared to previous ones.

But I'm ok with price entering the MML extreme zone because I know there is potential for a better price IF a long is still seen to be on.

Masterrmind.........
Master your Mind then Master your Trades
  • #1,328
  • Sep 18, 2017 6:59am Sep 18, 2017 6:59am
Quoting Masterrmind
{quote} AU [M15 Chart] {image} Bears are driving the price lower with intent. Look at the strength shown in the range of the M15 bars now compared to previous ones. But I'm ok with price entering the MML extreme zone because I know there is potential for a better price IF a long is still seen to be on. Masterrmind.........
AU [M15 Chart]

NY Open about to commence so lets see where price gets driven.

If price drops down below 79.800 ish then the long will be off the table and I'll go look elsewhere.

Current price @ 79.918

-2/8 MML level @ 79.800 (M15)

Masterrmind............
Master your Mind then Master your Trades
  • #1,329
  • Sep 18, 2017 7:27am Sep 18, 2017 7:27am
Quoting OAPDave
GJ {image}
I have taken a view that I am looking for a sell based of the Daily chart with a MM64 , if I am stopped out I will take the loss on the chin and just wait for a sell again I will keep doing this until I have a chart shift that then causes me to reconsider , this means I might get another chance to sell even higher up in the +2/8ths +1/8ths area
Attached Image (click to enlarge)
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  • #1,330
  • Sep 18, 2017 7:37am Sep 18, 2017 7:37am
Quoting OAPDave
{quote} I have taken a view that I am looking for a sell based of the Daily chart with a MM64 , if I am stopped out I will take the loss on the chin and just wait for a sell again I will keep doing this until I have a chart shift that then causes me to reconsider , this means I might get another chance to sell even higher up in the +2/8ths +1/8ths area {image}
Yes a few bites at the cherry with risk in check is a good approach.

That PA on GJ though is not the best is it.

Massive move up then price just floating around up in the rafters.

Masterrmind...........
Master your Mind then Master your Trades
  • #1,331
  • Sep 18, 2017 7:41am Sep 18, 2017 7:41am
AU [M15 Chart]
Attached Image (click to enlarge)
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No interest from the buyers at NY Open.

PA currently flat.

So I'm going to call it a day.

Masterrmind...........
Master your Mind then Master your Trades
  • #1,332
  • Sep 18, 2017 7:48am Sep 18, 2017 7:48am
Quoting Masterrmind
{quote} Yes a few bites at the cherry with risk in check is a good approach. That PA on GJ though is not the best is it. Massive move up then price just floating around up in the rafters. Masterrmind...........
Agreed, but trying to at least draw some feedback ?
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  • #1,333
  • Sep 18, 2017 7:52am Sep 18, 2017 7:52am
30k LIVE with this system? I pray for you and your profit! I like your spirit...but 30k real are a little too much...IMHO of course.

U know i know...but your master indicator, repaint. A lot...

Happy pips.
  • #1,334
  • Sep 18, 2017 7:58am Sep 18, 2017 7:58am
Hi MarkoTrd,

which indicator repaint a lot? The math murray lines? There is no repaint. I think you are wrong.

Kind regards,
Hoschie
  • #1,335
  • Sep 18, 2017 8:06am Sep 18, 2017 8:06am
Quoting Hoschie
Hi MarkoTrd, which indicator repaint a lot? The math murray lines? There is no repaint. I think you are wrong. Kind regards, Hoschie
The math murray lines repaint, test it on M1....with visual backtest...easy, but masterrmind is a great trader, but 30k REAL...it's a little too much for me, only for follow only a indicator....
  • #1,336
  • Sep 18, 2017 8:06am Sep 18, 2017 8:06am
Open and transparent trade with real money did not work out but can live with that. its not my 1st trade that did not work out so learnt to live with it and move on to the next one
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  • #1,337
  • Sep 18, 2017 8:08am Sep 18, 2017 8:08am
Hi MarkoTrd,

then you have not understood the concept of Math Murray Lines. It is not used as entry point like Fibo. Furthermore, you have to use it on higher TimeFrame like D1.
I am using it with supply and demand, and it worked.
You do not need 30k for trading. You can also trade with 300 Dollar. Trading is Money- and Risk management.
  • #1,338
  • Sep 18, 2017 8:14am Sep 18, 2017 8:14am
Quoting MarkoTrd
30k LIVE with this system? I pray for you and your profit! I like your spirit...but 30k real are a little too much...IMHO of course. U know i know...but your master indicator, repaint. A lot... Happy pips.
There is much much more going on here than an MML indicator.

The MML indicator DOES NOT repaint.

It intentionally resets as it is supposed too.

Only an MML expert would understand how and why this occurs.

I take no trades based on any single indicator, never have and never will.

Confluence is at the heart of my approach and the more the better.

Then add some good old fashioned trade and risk management and we have ...... well I'll let you decide!

Enjoy the entertainment it is likely to be short-lived.

Masterrmind............
Master your Mind then Master your Trades
  • #1,339
  • Sep 18, 2017 8:21am Sep 18, 2017 8:21am
Quoting MarkoTrd
{quote} The math murray lines repaint, test it on M1....with visual backtest...easy, but masterrmind is a great trader, but 30k REAL...it's a little too much for me, only for follow only a indicator....
You should not concentrate on my trading account balance but rather focus on the methods shown in this thread.

Then you will understand that the starting balance is not important but rather how successfully you can or cannot apply the techniques.

Masterrmind..........
Master your Mind then Master your Trades
  • #1,340
  • Sep 18, 2017 8:24am Sep 18, 2017 8:24am
Quoting OAPDave
Open and transparent trade with real money did not work out but can live with that. its not my 1st trade that did not work out so learnt to live with it and move on to the next one {image}
Thanks for posting before the fact OAPDave.

Many traders can learn from your approach.

Perhaps second bite of the cherry will be much sweeter.

Masterrmind............
Master your Mind then Master your Trades
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