Up and under price pattern | Page 119 | Forex Factory

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Up and under price pattern

  • #2,361
  • Jun 28, 2019 9:01am Jun 28, 2019 9:01am
Quoting Yudax
{quote} Can you please show where is the QM on this one?
If you zoom in red box that I made,you will see it.
  • #2,362
  • Jun 28, 2019 5:22pm Jun 28, 2019 5:22pm
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  • #2,363
  • Jul 1, 2019 9:25am Jul 1, 2019 9:25am
First QM level breached ...Second QM level...Money
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  • #2,364
  • Jul 1, 2019 9:43am Jul 1, 2019 9:43am
Pending CADCHF 4hr
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  • #2,365
  • Jul 2, 2019 9:43am Jul 2, 2019 9:43am
Filled
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  • #2,366
  • Jul 2, 2019 11:10am Jul 2, 2019 11:10am
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Pictures worth a thousand words
  • #2,367
  • Jul 2, 2019 11:08pm Jul 2, 2019 11:08pm
Quoting matrix2017
{image}
Buddy, can you explain how you pick the good QMs from your understanding?
Ask, and it is given. Every single time, no exceptions.
  • #2,368
  • Jul 3, 2019 10:47am Jul 3, 2019 10:47am
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  • #2,369
  • Jul 3, 2019 5:40pm Jul 3, 2019 5:40pm
quick trade
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  • #2,370
  • Jul 3, 2019 5:52pm Jul 3, 2019 5:52pm
Quoting beefStew
{quote} Buddy, can you explain how you pick the good QMs from your understanding?
Sorry for late reply.This week I'm too busy. QM level that I am interested in , it will be in the support and resistance zone. I have learnt it from " SELFCONTROL" .
No, I never ask him. But I study all the chart that he posted in FF. And also he did not tell anything in his chart.

Thank you again "SELFCONTROL" for posting the chart.
  • #2,371
  • Jul 3, 2019 9:25pm Jul 3, 2019 9:25pm
Quoting matrix2017
{quote} Sorry for late reply.This week I'm too busy. QM level that I am interested in , it will be in the support and resistance zone. I have learnt it from " SELFCONTROL" . No, I never ask him. But I study all the chart that he posted in FF. And also he did not tell anything in his chart. Thank you again "SELFCONTROL" for posting the chart.
okay bro, thanks for the info. will try to dig selfcontrol's post and see if i can get some clues from them.

Quoting matrix2017
quick trade {image}
have you closed this trade?
Ask, and it is given. Every single time, no exceptions.
  • #2,372
  • Edited 11:16pm Jul 3, 2019 11:02pm | Edited 11:16pm
Quoting beefStew
{quote} okay bro, thanks for the info. will try to dig selfcontrol's post and see if i can get some clues from them. {quote} have you closed this trade?
Closed at near TP. Luckily I' m at the trade table. Gold's spread is too high at my timezone trade, may TP not touch.
QML level in there , I also set buy limit but deleted it . Do not greed. I try to tell myself.
  • #2,373
  • Jul 5, 2019 12:47am Jul 5, 2019 12:47am
Quoting batus
{image}
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  • #2,374
  • Jul 5, 2019 9:50am Jul 5, 2019 9:50am
AJ m15
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  • #2,375
  • Jul 5, 2019 9:53am Jul 5, 2019 9:53am
Quoting batus
{quote} {image}
Attached Image (click to enlarge)
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  • #2,376
  • Jul 5, 2019 9:53am Jul 5, 2019 9:53am
Again I missed gold by 1 pip. But this time I decide to jump in.
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  • #2,377
  • Jul 5, 2019 10:13am Jul 5, 2019 10:13am
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My thinking procedure.
Hope this helps.
  • #2,378
  • Jul 5, 2019 10:25am Jul 5, 2019 10:25am
Quoting matrix2017
AJ m15 {image}
Hi, bro!
I am trying to reconstruct your AJ trade. Is this correct? (engulf on green arrow)

Thanks
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Ask, and it is given. Every single time, no exceptions.
  • #2,379
  • Jul 6, 2019 1:52am Jul 6, 2019 1:52am
Quoting matrix2017
{image}{image}{image}{image} My thinking procedure. Hope this helps.
I have a question here,
Why is the area on the red rectangle marked? the most possible i can think of is that they broke something to its left, but i cant figure out the specific area that was broken.
Ask, and it is given. Every single time, no exceptions.
  • #2,380
  • Jul 6, 2019 2:45am Jul 6, 2019 2:45am
Quoting Frosty85
Let me add to Matrix's comment above. https://www.forexfactory.com/showthr...82#post6660382 Understand this one too from IF and u can select the "better" QM levels. Please be aware of the stop placement. From my personal market research, the safest isn't always above the HH. If you study Mertch's diagram and charts, you will know why. *If you have the time to read some ramblings from a random dude, read below. Otherwise, stop reading and move on to other fun activities Something that I'm pretty sure will help newcomers,...
Frosty bro,

My aim right now is to pick the "better" QM, so i read the link you provided.
I cant really understand the "DISTINCT PAZ" that IF wrote in his chart. can you please explain a bit more about them? it looks like QMs that forming near their edges are of higher probability?

Thanks!
Ask, and it is given. Every single time, no exceptions.
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