looks like a good continuation entry (eurcad) @Alpass33 in line with other CAD instruments ..... i personaly like the reversals more (qm after some kind of strong up or down move ) but anyone need to find his own way of trading his specific set up ;-) ...
so iam down with the NZD CAD beside some others :-)
{quote} Had an entry at 1.1347 that didnt trigger today after a good 15m QM bullish pattern at that level. Shame its gone without me...
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Here is my chart if your interested. 14 pip stop loss would have been 3R up currently and probably would hold going into the ECB meeting tomorrow. A lot of confluence adding to my trade with previous support area at 1.1346 area, daily upsloping trendline, yesterday's inside day failure...
Shame about not getting triggered.
{quote} Here is my chart if your interested. 14 pip stop loss would have been 3R up currently and probably would hold going into the ECB meeting tomorrow. A lot of confluence adding to my trade with previous support area at 1.1346 area, daily upsloping trendline, yesterday's inside day failure... Shame about not getting triggered. {image}
Ignored
had the same with yours. Got one similar for the aussie 0.7121 that wont be triggered too i guess.
{quote} Here is my chart if your interested. 14 pip stop loss would have been 3R up currently and probably would hold going into the ECB meeting tomorrow. A lot of confluence adding to my trade with previous support area at 1.1346 area, daily upsloping trendline, yesterday's inside day failure... Shame about not getting triggered. {image}
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These QM entries are and can be very precise
Ive missed many of entries by a few pips using buy/sell limits
I took the EU after seeing the consolidation at the QM zone
Here is a possibility for tomorrow, would like to see some more downside pressure before retesting 74.45 zone. With heavy 'risk-off' sentiment dominating the markets this afternoon session so far, this would be a good trade to take to continue that sentiment into the remainder of the week (Selling NZDJPY). I wont be taking this trade unless we see further selling this evening and ideally hold the day below the QM area at 74.45.
These setups are all over the place. Take the good ones with tight stops and clean price action. AUDCHF here on 15m timeframe. Again a risk off trade. Take a look at USDCHF Daily candle today. Its horrific, Engulfing of an inside bar at a key area 0.9985, in my mind i can only be looking to sell this (buy CHF) and if we close the day like it then a retest of the broken area 0.9962 - 0.9965 (USDCHF) should be sold. However as this is a QM thread AUDCHF has setup as below. Depending on the way you trade, be aware that AUD employment figures are due out at 00:30 GMT that could distort the price action.
hehe EURUSD entered long yesterday evening/night (bottom order wasnt triggered )..... adjusted the sl to early today and was stoped for not even 1R gain .... could have been 5r right now....
you will miss trades you will lose trades ...thats the game ^^
