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Quad Candle System

  • #3,261
  • Feb 11, 2019 6:38am Feb 11, 2019 6:38am
Quoting Masterrmind
{quote} Now you are getting somewhere. Octives rule ! Masterrmind...........
I see
270 as 1.3038
180 As 1.2936
135 as 1.2847
90 as 1.2797
  • #3,262
  • Feb 11, 2019 9:05am Feb 11, 2019 9:05am
My Mini Square
Attached File(s)
File Type: docx mini Gbp Usd.docx   14 KB | 204 downloads
  • #3,263
  • Feb 11, 2019 11:16am Feb 11, 2019 11:16am
Quoting Masterrmind
{quote} Nope its also a valid GG. Check for initial GG alignment, then check for current PA alignment. Decide which scaling 'better' fits the PA of the current chart. If nothing looks ideal in your assessment then put that symbols analysis onhold and search for an alternative. You will find many current examples that fit very nicely. Do not forget the Upward GG as it too is valid, no matter the 'assumed' trend direction. Masterrmind............

Thank you for the clarification. I still have to review this to better understand it. I think from those examples the -97.5 grid looks better?
I will have to look more at this and understand it before moving to the Square of Nine methodology you explain. As you mentioned it's better to take it easy and make it a useful tool in the hands of the trader instead of making it a mess.

It's amazing how the Master Octive extreme zones seem to attract confluence giving better chances to trades. I'm looking at the XAU-EUR D1 chart and it seems to bring a harmonic 3 Drive exactly into the area that aligns with a resistance as well.
*Not saying that it's a trade I'm going to take 100% but it looks nice. If the price goes into the area a full analysis as advised per post 1 will be done. Fundamentals included.
Attached Image (click to enlarge)
Click to Enlarge Name: XAUEUR.rDaily.png Size: 79 KB
Forex - It's finger lickin' good
  • #3,264
  • Feb 11, 2019 1:09pm Feb 11, 2019 1:09pm
Pending Order on EUR-USD
Buy @ 1.1215 / SL: 1.1113 ( but may be adjusted to a higher position to reduce limits based on trade progression ) TP: 1.1400

Reasons:

1) AB=CD pattern in the area - it actually ends in the 1.1230 area but I think price will try to go lower since 1.12 is a round number.
2) OPL_0 Master Octive Support
3) Support area around 1.12
4) Fib Retracement 61.8 weekly

Fundamental related:

1) Brexit related: A deal is in the interest of the UK PM as well ( regarding her political status mostly )
2) Side actions from UK companies investing in the EU ( it's a logic course of action after all, why invest money when you risk using it in a limited market if the Brexit doesn't go well ) - https://www.cnbc.com/2019/02/11/uk-f...xit-study.html .
3) US-China negotiations require time to fully develop although the expiration date comes, based on the behavior of the US: https://www.businessinsider.com/us-w...eration-2019-2 . Plus the talks on intellectual property haven't got a clear outcome yet.
4) https://edition.cnn.com/2019/02/10/p...ump/index.html . Mentions like this especially in a campaign should be followed by examples

Donwsides: The talks on the shutdown should end up positive in the end or get another postpone and if that happens around the 1.12 it could break it.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.rDaily.png Size: 80 KB
Forex - It's finger lickin' good
  • #3,265
  • Feb 12, 2019 2:51am Feb 12, 2019 2:51am
Quoting OAPDave
My Mini Square {file}
Yes that's good.

In Excel what you want to do now is copy that sheet, rename it as Gann_Dates (or something similar) and do the following:

1. Find the YRD date and enter it in as the central value (you can format the data to any date option in Excel that suits you);
2. Apply the value 1 as the step.

Now you should be able to generate a Gann date SQ9.

When completed please post to the thread.

Hint: you should get something very similar to what I posted several posts back.

Masterrmind............
Master your Mind then Master your Trades
  • #3,266
  • Feb 12, 2019 3:00am Feb 12, 2019 3:00am
Quoting pipsandkfc
{quote} Thank you for the clarification. I still have to review this to better understand it. I think from those examples the -97.5 grid looks better? I will have to look more at this and understand it before moving to the Square of Nine methodology you explain. As you mentioned it's better to take it easy and make it a useful tool in the hands of the trader instead of making it a mess. It's amazing how the Master Octive extreme zones seem to attract confluence giving better chances to trades. I'm looking at the XAU-EUR D1 chart and it seems to...
Take your time to digest the information presented and ask questions as you see fit.

If you find it confusing or hard to implement into your trading plan then I recommend to put it on hold.

Once I start taking some setups many of your questions will probably get answered.

That ABCD pattern you have drawn when applied with confluence to chart structure is a very powerful technical analysis tool.

I like the use of the Buy Limit too especially at the harmonic completion which tells me that you are thinking about where price is 'likely' to go and you are anticipating the next move.

If at all possible try to be close by to the chart when it triggers just in case it overshoots to the downside based on your stop placement.

Nice post !

Masterrmind...........
Master your Mind then Master your Trades
  • #3,267
  • Feb 12, 2019 3:03am Feb 12, 2019 3:03am
Quoting Masterrmind
{quote} Yes that's good. In Excel what you want to do now is copy that sheet, rename it as Gann_Dates (or something similar) and do the following: 1. Find the YRD date and enter it in as the central value (you can format the data to any date option in Excel that suits you); 2. Apply the value 1 as the step. Now you should be able to generate a Gann date SQ9. When completed please post to the thread. Hint: you should get something very similar to what I posted several posts back. Masterrmind............
By gum you are a hard task master, my head needs a rest after my 1st effort, just in the process of copying my square and assigning one to each pair.
  • #3,268
  • Feb 12, 2019 3:08am Feb 12, 2019 3:08am
Quoting OAPDave
{quote} I see 270 as 1.3038 180 As 1.2936 135 as 1.2847 90 as 1.2797
Cardinal cross ('+') typically takes precedence over ordinal cross ('x') but not always ofcourse since big market moves by big players can have an over-riding impact at least over the shorter term horizon.

Masterrmind...........
Master your Mind then Master your Trades
  • #3,269
  • Feb 12, 2019 3:11am Feb 12, 2019 3:11am
Quoting OAPDave
{quote} By gum you are a hard task master, my head needs a rest after my 1st effort, just in the process of copying my square and assigning one to each pair.
If you can generate the 1st Excel then the Date SQ9 is almost identical.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 44 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 8 KB

Wait until I start discussing the planetary aspects and how they impact the financial markets.

Then your head will start hurting !

Masterrmind.........
Master your Mind then Master your Trades
  • #3,270
  • Feb 12, 2019 3:24am Feb 12, 2019 3:24am
Quoting Masterrmind
{quote} Cardinal cross ('+') typically takes precedence over ordinal cross ('x') but not always ofcourse since big market moves by big players can have an over-riding impact at least over the shorter term horizon. Masterrmind...........
I recognise lots of the numbers from the square and if you look along the 360 180 line you see 1.3187 and next door you see 1.2695 these tie in with Murrey 2/8 and 0/8 th off a 256
  • #3,271
  • Feb 12, 2019 3:32am Feb 12, 2019 3:32am
CADCHF
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 47 KB

Quad Long
GG confluence
Positive swap to the long side
Target up to OPL_7 or maybe OPL_8 for 250 up to 400 pip move.
Would you want to trade this pair up towards these levels from a bounce near the OPL_5 ?

Masterrmind............
Master your Mind then Master your Trades
  • #3,272
  • Feb 12, 2019 3:33am Feb 12, 2019 3:33am
Quoting OAPDave
{quote} I recognise lots of the numbers from the square and if you look along the 360 180 line you see 1.3187 and next door you see 1.2695 these tie in with Murrey 2/8 and 0/8 th off a 256
Thats correct except its all Gann !

Masterrmind..........
Master your Mind then Master your Trades
  • #3,273
  • Feb 12, 2019 3:36am Feb 12, 2019 3:36am
What about trading EURCAD ?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 51 KB

Masterrmind............
Master your Mind then Master your Trades
  • #3,274
  • Feb 12, 2019 3:40am Feb 12, 2019 3:40am
EURNZD
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 50 KB

Masterrmind..........
Master your Mind then Master your Trades
  • #3,275
  • Feb 12, 2019 3:43am Feb 12, 2019 3:43am
GBPCAD
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 49 KB

Masterrmind............
Master your Mind then Master your Trades
  • #3,276
  • Feb 12, 2019 3:48am Feb 12, 2019 3:48am
GBPNZD
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 54 KB

Masterrmind............
Master your Mind then Master your Trades
  • #3,277
  • Feb 12, 2019 3:54am Feb 12, 2019 3:54am
I plan to trade one of these pairs but which one is it ?

Masterrmind............
Master your Mind then Master your Trades
  • #3,278
  • Feb 12, 2019 4:01am Feb 12, 2019 4:01am
Account Equity is at 2K so the following applies as per trading plan from Post 1:

If Equity >= 2000 then Max Lot Size = 0.20 lots --> recommended [0.02 to 0.10]

2K Equity (Max Lot Size = 0.20)
Trade 1 @ 0.02
Trade 2 @ 0.04
Trade 3 @ 0.06
Trade 4 @ 0.08
Trade 5 @ 0.10
Tot. Volume = (0.02 + 0.04 + 0.06 + 0.08 + 0.10) = 0.30 (1.5* Max Lot Size).

Note: variations from the above will only be applied if deemed absolutely necessary otherwise the above lot sequence shall apply.

Masterrmind............
Master your Mind then Master your Trades
  • #3,279
  • Feb 12, 2019 5:54am Feb 12, 2019 5:54am
GBPNZD [D1 TF]

Now short.

SL @ 1 Octive Gap
TP @ OPL_4 (Central Pivot)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 25 KB

Masterrmind...........
Master your Mind then Master your Trades
  • #3,280
  • Feb 12, 2019 6:19am Feb 12, 2019 6:19am
Gann Dates in progress
Attached File(s)
File Type: docx Gann Dates.docx   14 KB | 261 downloads
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