{quote} Thank you for your kind words. I think that beyond having a strategy it is important to be learn how to read the market well and to understand what story the price action is saying. I find that the concepts of engulfing patterns, quasimodo, supply and demand are invaluable if one is to be able to read the market well. I have tried several systems but none of them have helped me in understanding market movements like these concepts have. The issues of placing stops (SL and TP) are more trade-management related issue and I generally prefer...
SL in 2-5pips is incredible. I was thinking to place a way bigger SL because I was worried about false breakout which we see in normal line trades. However I am impressed that QM lines are really great support and resistance line which works like a magic. Generally speaking if it is broken, it is broken; if not, price is reversing. I will incorporate what you told me to my trade. I assume it's going to take while to fully understand the concept of "supply and demand" that you mentioned, but I will try my best. I knew that I still need to study more, but was not sure where to begin. You made it clear to me. I appreciate.
I will stick to this thread and system to deepen my understanding and be successful at trading
Thank you Pipsometer.
