Up and under price pattern

Maybe this will help ;-)

And you forgot an other QML in your Picture

Copis, thank you for the explanation, it helps a lot.

This is something new for me. Can you please elaborate more about price cap and target area?
- what is price cap(my guess it is just a DBR/RBD?) and how does it affect a QM setup?
- how do we determine correctly a target area?
- besides price cap and target hit/not, is there any other thing that i should pay attention to when consider taking a QM setup?

Please help me to understand QM setups better. I am confident that i can be profitable learning this setup.

Thank you

took that GBP CAD long yesterday ...... :-)

no risk trade took 15 current stop 15 100 tp

Another no risk trade 1/2 out 13 stop TP 90

This is just another way to skin the cat..Money management is totally personal...Just being a little conservative for now

I am waiting for the price below. I am wrong???

Alpas

Your entry level should be ok,,,

Here is my setup for the upcoming session for the NZDCAD

Just an FYI and Disclaimer

On occasion

When I show setups before the trade,, I'm trying to be transparent.

If anyone copy's the trade(s) just make sure to only risk what you can afford to lose.

EURNZD

Pending(s)

USDCAD trade today

NZDUSD

If I have missed, please help to guide me.
Thank you

for NZD/USD i look for something like this next week .....

this is how daily looks ..... we have a H4 QM into a Daily QM area -.... interesting isnt it ;-)

EURNZD catch the trade today

Careful of the QM failure on EURNZD 15m chart around 1.6866, could be a buying opportunity.

Nice Chart,Very Clear

thx @DailyChart ;-) Keeping things simple .....

lets see if we can get up to the entry again ....quiet week so far for me with 0 trades ..

CAD/CHF was one of my trades still open from last week ...but kind of slow motion ^^

One in and one pending