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Up and under price pattern

  • #1,721
  • Nov 3, 2018 1:48pm Nov 3, 2018 1:48pm
Thank you for your confirmation mertch.

I have an additional question if you don't mind me asking.

On the EU trade you posted, did you decide on your trade because of the level marked with the red circle? Could you give me a hint on why you choose that HH?

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  • #1,722
  • Nov 3, 2018 2:06pm Nov 3, 2018 2:06pm
Quoting wesk
Thank you for your confirmation mertch. I have an additional question if you don't mind me asking. On the EU trade you posted, did you decide on your trade because of the level marked with the red circle? Could you give me a hint on why you choose that HH? {image}
Nothing else to say, you already have the answer.
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  • #1,723
  • Nov 4, 2018 8:21am Nov 4, 2018 8:21am
For some reasons your charts start to speak to me mertch! Thanks for that.

While studying your most recent charts things start to jump out at me. Are you always looking for a QM or DM as your confirming PA? Do you also trade a QM level itself without it being in a FL? In HTF for example?

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  • #1,724
  • Nov 4, 2018 1:00pm Nov 4, 2018 1:00pm
Quoting wesk
For some reasons your charts start to speak to me mertch! Thanks for that. While studying your most recent charts things start to jump out at me. Are you always looking for a QM or DM as your confirming PA? Do you also trade a QM level itself without it being in a FL? In HTF for example? {image}
Great those charts can help you!
I mostly trade PA within Flag Limit. DM, QM, IQM (inverted QM) with small SL. FL are more than often my reference. It would be hard for me to do something else.
So to answer your question, no I won't trade any QM if it's not clear. At least FO or DM needs to be inside a FL. It doesn't mean the other won't work.
  • #1,725
  • Edited 3:50am Nov 5, 2018 2:14am | Edited 3:50am
Sorry to bother with a basic question guys, but wasnt able to find any representative picture or explanation about the IQM (inverted Quasimodo)

Could anyone please kindly enlighten me ?

Thanks!!
  • #1,726
  • Nov 5, 2018 6:08am Nov 5, 2018 6:08am
Quoting Flyangler
Sorry to bother with a basic question guys, but wasnt able to find any representative picture or explanation about the IQM (inverted Quasimodo) Could anyone please kindly enlighten me ? Thanks!!
wrong thread, go to readthemarket thread to find such info
  • #1,727
  • Nov 5, 2018 7:32am Nov 5, 2018 7:32am
Your answer didnt help so much, there is no particular info on that thread after searching about IQM and inverted/invalid Quasimodo...i dont know even you guys are talking about the same using the acronym.
Anyway...thanks for your valuable effort.
  • #1,728
  • Nov 5, 2018 11:38am Nov 5, 2018 11:38am
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Ahmad Hassan
  • #1,729
  • Nov 5, 2018 7:02pm Nov 5, 2018 7:02pm
Quoting 95bcwh
{quote} wrong thread, go to readthemarket thread to find such info
https://www.forexfactory.com/showthr...15#post6926515
Entities should not be multiplied without necessity - Occam's razor
  • #1,730
  • Nov 6, 2018 9:18am Nov 6, 2018 9:18am
[quote = wesk; 11656658] По некоторым причинам ваши диаграммы начинают говорить со мной mertch! Спасибо за это. Изучая ваши последние диаграммы, вещи начинают выпрыгивать на меня. Вы всегда ищете QM или DM в качестве подтверждающего PA? Вы также торгуете самим уровнем QM, не находясь в FL? Например, в HTF? {} Изображение [/ цитата]


Tell me please, what is DM?
  • #1,731
  • Nov 6, 2018 9:19am Nov 6, 2018 9:19am
Quoting wesk
For some reasons your charts start to speak to me mertch! Thanks for that. While studying your most recent charts things start to jump out at me. Are you always looking for a QM or DM as your confirming PA? Do you also trade a QM level itself without it being in a FL? In HTF for example? {image}

Tell me please, what is DM?
  • #1,732
  • Nov 6, 2018 9:49pm Nov 6, 2018 9:49pm
Quoting nicehl
{quote} Tell me please, what is DM?
Inside the Flag Limit, the space between the FO level and the end of the Flag Limit.
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  • #1,733
  • Nov 6, 2018 10:49pm Nov 6, 2018 10:49pm
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  • #1,734
  • Nov 6, 2018 11:04pm Nov 6, 2018 11:04pm
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  • #1,735
  • Nov 7, 2018 6:41am Nov 7, 2018 6:41am
Looks like a trade mertch would've taken :-)

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  • #1,736
  • Nov 13, 2018 11:33am Nov 13, 2018 11:33am
Hi Seniors,
Very very basic question keeps coming to my mind..request your answers please.
1.Where should we find qm which is also hh,ll in the chart...my understanding is that..it is imediately after the break of imposrtant support or resistance.
  • #1,737
  • Nov 13, 2018 12:09pm Nov 13, 2018 12:09pm
Quoting Hrt
Hi Seniors, Very very basic question keeps coming to my mind..request your answers please. 1.Where should we find qm which is also hh,ll in the chart...my understanding is that..it is imediately after the break of imposrtant support or resistance.
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  • #1,738
  • Nov 13, 2018 12:18pm Nov 13, 2018 12:18pm
Thanks mertch,
Wherr do we see qm structure here please
  • #1,739
  • Nov 13, 2018 12:21pm Nov 13, 2018 12:21pm
Quoting Hrt
Thanks mertch, Wherr do we see qm structure here please
PA = QM or anything else, we have a QM here L-H-LL (FO)-HH- L is your entry
  • #1,740
  • Nov 13, 2018 12:23pm Nov 13, 2018 12:23pm
Quoting mertch
{quote} PA = QM or anything else, we have a QM here L-H-LL (FO)-HH- L is your entry
Thanks a lot
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