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Up and under price pattern

Quoting tommydoginti
{quote} No. Because I wrote the script. It is just replace myself looking for the simple (ie perfect) QM. I need to test it out because there are more QM than what people here have discussed. I found some simple QM on HTF actually are the ones discussed at LTF. Small patterns make up big patterns
I can help you test it out. Is it in the public library? If you load it there, I’ll look for it.
Well, I’ve sunk back into a not so great week. Currently at a 5% loss. I’ve had so many just not work this week. While I had been working from a smaller TF, rarely any of the spotted QM that got filled worked, and I’ve probably had 10 this week miss entry by 3-5 pips or less. It’s a hair pulling hobby/profession for sure.
Quoting TheSpadeKing
One of a few setups I’m looking at today. {image}
FTL= flip trendline?
Quoting Spade11
{quote} FTL= flip trendline?
I don’t know the names, just the idea.
I’m still practicing (on a live acct). This concept is easy to understand, but there are ways to make it real beneficial if you understand.
FTL, to me would be “First Trouble Line”. So basically, this should be a tP1 because if the market rejects the QM correctly, this is about as far as you can count on it going prior to a retest of the QM location (which may or may not hold), again this is my interpretation, from my practice this area is about 1:1 from the entry. So, if I’m around when this target gets hit, I close 1/2 position and move stops to BE.
The big players in here would be better asked, but they only answer on occasion.
QM on UJ. Will be or not?
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Same USDCHF
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This method is more difficult than it seems. While it makes sense, being in the right ones make a difference for sure. Practice practice practice.
After about 3 weeks trading this, I’m still at a break even scenario. Trying to decipher the good from bad is not easy.
I still can’t tell if the close of the QM or the Wick tips is a better location of the entry. I have missed 70% of the possible trade entries by 5-7 pips or less. It ridiculously accurate, when you’re on the correct side of the trade.
Quoting TheSpadeKing
This method is more difficult than it seems. While it makes sense, being in the right ones make a difference for sure. Practice practice practice. After about 3 weeks trading this, I’m still at a break even scenario. Trying to decipher the good from bad is not easy. I still can’t tell if the close of the QM or the Wick tips is a better location of the entry. I have missed 70% of the possible trade entries by 5-7 pips or less. It ridiculously accurate, when you’re on the correct side of the trade.
try introducing round number in the vicinity of qm to see price reaction between the zone.
if one uses limit order, then it's another story as one does not see the price reaction.
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There is Order in Randomness
There is QM on GU
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Risk on: EU

And a few nice reactions
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Solid start to the week
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