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Up and under price pattern

  • #2,941
  • Nov 5, 2019 6:45am Nov 5, 2019 6:45am
GBP JPY


Limit Order
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,942
  • Nov 5, 2019 7:18am Nov 5, 2019 7:18am
Quoting Pat Chiko
GBP JPY Limit Order {image}
Hi Pat,

Why do you buy instead of sell from the QM level? I am a bit confused. Your guidance is appreciated.
  • #2,943
  • Nov 5, 2019 7:59am Nov 5, 2019 7:59am
Quoting snf
{quote} Hi Pat, Why do you buy instead of sell from the QM level? I am a bit confused. Your guidance is appreciated.

GBP JPY

My view (personal opinion) that H1 QM is corrective move not a reversal.

I shorted (scalping) to the SNF level for Long position (pending).

My personal view of market strcuture, maybe I'm wrong, because I'm still learning.

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,944
  • Nov 5, 2019 8:21am Nov 5, 2019 8:21am
Quoting Pat Chiko
{quote} GBP JPY My view (personal opinion) that H1 QM is corrective move not a reversal. I shorted (scalping) to the SNF level for Long position (pending). My personal view of market strcuture, maybe I'm wrong, because I'm still learning. {image}
Thanks for your answer.

What conditions or parameters do you use to formulate your view on the market's movement?
  • #2,945
  • Nov 5, 2019 9:46am Nov 5, 2019 9:46am
Quoting newtraderer
{quote} why is the tail of my candle on my mt4 not touching it ...? if i could find out what kind of broker are you? {image}
Just a standard broker brother, standard account. From my perception the 'tail' is touching.
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  • #2,946
  • Nov 5, 2019 10:19am Nov 5, 2019 10:19am
Nice little pop on the ACAD
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  • #2,947
  • Nov 5, 2019 10:21am Nov 5, 2019 10:21am
Aggressive trade of the week,,,,No Guarantees
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  • #2,948
  • Nov 5, 2019 10:54am Nov 5, 2019 10:54am
If this works out I will add positions at orange lines.
Sell when it reaches QM.
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  • #2,949
  • Nov 5, 2019 1:06pm Nov 5, 2019 1:06pm
About to be stopped out. Cost of doing business. We live and we learn (hopefully)!
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  • #2,950
  • Nov 5, 2019 1:53pm Nov 5, 2019 1:53pm
Quoting newtraderer
{quote} Does QM always appear in the area of supply and demand?
from my view you can find qm also in other chart locations but much better odds in areas of interest like the mentioned areas ..so why making life hard and look everywhere when you can have extra confirmation or better odds when just looking sr sd levels for your pattern ;-) keeping it simple :-)
May the Sheen be with you....
  • #2,951
  • Nov 5, 2019 1:54pm Nov 5, 2019 1:54pm
for example eurchf ..supply and qm ...check ltf to see qm better ...a nice catch today
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May the Sheen be with you....
  • #2,952
  • Nov 5, 2019 2:20pm Nov 5, 2019 2:20pm
EUR NZD


Late entry on pullback
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,953
  • Nov 5, 2019 5:47pm Nov 5, 2019 5:47pm
Got to love these bullseye entries,,,If only. UCAD 1 hr
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  • #2,954
  • Nov 5, 2019 6:49pm Nov 5, 2019 6:49pm
A few leftovers from last week

So the original stops were around 25- 30ish on these trades...You do the math on the RR.....

This is why QM can be so powerful,,,,Yes, you will get stopped out

Trade the higher time frames
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  • #2,955
  • Nov 5, 2019 6:54pm Nov 5, 2019 6:54pm
Stop on the EU was 20...
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  • #2,956
  • Nov 6, 2019 12:22am Nov 6, 2019 12:22am
Quoting Pat Chiko
EUR NZD Late entry on pullback {image}
EUR NZD


Add scalping position @ SRF

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,957
  • Nov 6, 2019 12:32am Nov 6, 2019 12:32am
Quoting Pat Chiko
{quote} GBP JPY My view (personal opinion) that H1 QM is corrective move not a reversal. I shorted (scalping) to the SNF level for Long position (pending). My personal view of market strcuture, maybe I'm wrong, because I'm still learning. {image}

GBP JPY


Not a successful set up.

QM short lived.

Unfilled Limit Order.

Tiny gain , cut off early.

Revisit later for new set up
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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,958
  • Nov 6, 2019 12:46am Nov 6, 2019 12:46am
USD JPY

Limit Order for London to filled up

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,959
  • Nov 6, 2019 1:45am Nov 6, 2019 1:45am
USD CHF


Limit Order for Scalping @ QM


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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #2,960
  • Nov 6, 2019 3:09am Nov 6, 2019 3:09am
GBP/JPY sell
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