Attachments: Up and under price pattern

Up and under price pattern

#4,061
Feb 21, 2025 7:58pm Feb 21, 2025 7:58pm

Inthebox
Joined Jun 2010 | Status: Trader | 16,699 Posts

[quote=squidfx;15157578]

Quoting JM7227

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I lost it. Do not work in 5 minutes. But I will pay attention! You have been with u & u a long time?[/quote Still learning https://www.forexfactory.com/thread/...1#post15127821 opened my brain

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QML is just an entry pattern just like any others, nothing special. They are all prone to failures.
But how can one make it special and increase the probability of success?
Every traders should focus on that.

In my humble opinion, it is the higher time frame level location that makes the difference.
The higher the time frames the better. MN, W1, D1 levels. H4 can be used for intraday.
You are only to find the QML pattern at those levels.
Not any where else like in the middle of an intraday mini trend.

Later on, i shall post something on this.
Meanwhile work on the htf levels.

ITB - Seeing Orderliness amongst 'Randomness'

#4,062
Feb 21, 2025 8:32pm Feb 21, 2025 8:32pm

Inthebox
Joined Jun 2010 | Status: Trader | 16,699 Posts

1. The HTF 3 candle swing point / fractal level

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ITB - Seeing Orderliness amongst 'Randomness'

#4,063
Feb 21, 2025 9:06pm Feb 21, 2025 9:06pm

Inthebox
Joined Jun 2010 | Status: Trader | 16,699 Posts

The application of LTF QML at the HTF level.
Traders eyes are all different. The good ones can see many things others can't.
Examples given here that the pattern is not only found in one time frame.
You have to switch through to and fro all the big and small time frames. Many are not willing to do this.
So do not marvel at others when they are successful and you are not.

You have to ask yourself did you work as hard and diligently and persistently and consistently and disciplined as them?
I be very honest with you. Many are delusion that trading is a quick fix, short cut to a successful career.
For the average person, only when you try for at least 5 - 7 years with the above qualities in you, only then you can see profitability coming your way.
We do not know how high is the mountain, how deep is the ocean before we take the journey.
I hope that with the information that I had provided, it can cut your journey by half. Be one of the 10% successful traders.

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ITB - Seeing Orderliness amongst 'Randomness'

#4,064
Feb 21, 2025 9:13pm Feb 21, 2025 9:13pm

Inthebox
Joined Jun 2010 | Status: Trader | 16,699 Posts

Quoting Inthebox

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1. The HTF 3 candle swing point / fractal level {image}

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2. The other HTF level to look for is the Double Marubozu. You can find the details in the video that i had posted last month.
Switch to one or two time frames lower and mostly likely you can find engulfing candles levels there.
From then on, the application of ltf qml is the same as i had posted above.

ITB - Seeing Orderliness amongst 'Randomness'

#4,065
Feb 21, 2025 9:49pm Feb 21, 2025 9:49pm

Inthebox
Joined Jun 2010 | Status: Trader | 16,699 Posts

now there's an opportunity to try it out yourself live in the coming week on gbpusd.
it is approaching a htf bearish engulf level.
you know the method and it is best to time it with market open.
be disciplined, sit on the FOMO.

ITB - Seeing Orderliness amongst 'Randomness'

#4,066
Feb 22, 2025 12:07pm Feb 22, 2025 12:07pm

squidfx
| Joined Apr 2024 | Status: Trader | 87 Posts

Quoting Inthebox

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The application of LTF QML at the HTF level. Traders eyes are all different. The good ones can see many things others can't. Examples given here that the pattern is not only found in one time frame. You have to switch through to and fro all the big and small time frames. Many are not willing to do this. So do not marvel at others when they are successful and you are not. You have to ask yourself did you work as hard and diligently and persistently and consistently and disciplined as them? I be very honest with you. Many are delusion that trading...

Ignored

More Practice will help in seeing the price movement thank you for the insight

Retire at 25

#4,067
Feb 22, 2025 12:12pm Feb 22, 2025 12:12pm

squidfx
| Joined Apr 2024 | Status: Trader | 87 Posts

Quoting Inthebox

Disliked

The application of LTF QML at the HTF level. Traders eyes are all different. The good ones can see many things others can't. Examples given here that the pattern is not only found in one time frame. You have to switch through to and fro all the big and small time frames. Many are not willing to do this. So do not marvel at others when they are successful and you are not. You have to ask yourself did you work as hard and diligently and persistently and consistently and disciplined as them? I be very honest with you. Many are delusion that trading...

Ignored

Zone identification and entry points

Retire at 25

#4,068
Feb 22, 2025 12:32pm Feb 22, 2025 12:32pm

JM7227
| Joined Feb 2025 | Status: Trader | 10 Posts

Quoting Inthebox

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now there's an opportunity to try it out yourself live in the coming week on gbpusd. it is approaching a htf bearish engulf level. you know the method and it is best to time it with market open. be disciplined, sit on the FOMO.

Ignored

Thank you very much for your comments. I will study this weekend at high temporalities and about Marubozu candles. Marubozu is something that I have not paid attention. I will review ..

#4,069
Feb 23, 2025 9:37pm Feb 23, 2025 9:37pm

Inthebox
Joined Jun 2010 | Status: Trader | 16,699 Posts

double maru waiting game

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ITB - Seeing Orderliness amongst 'Randomness'

#4,070
Feb 24, 2025 2:01am Feb 24, 2025 2:01am

Mandariin
Joined Jan 2016 | Status: Trader | 1,007 Posts | Online Now

Quoting Inthebox

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double maru waiting game {image}

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99% of people see double bottom and look to short the level.

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Quoting JM7227

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{quote} Thank you very much for your comments. I will study this weekend at high temporalities and about Marubozu candles. Marubozu is something that I have not paid attention. I will review ..

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I would not pay attention for Marubozu candles on index charts.
Most of 4h Marubozu candles are at US stock market open.
Also most double Marubozus form when US stock market open.

The marubozu candle pattern can be best described as a momentum candlestick pattern. For traders, it usually serves as a leading indicator that the price is expected to continue in a certain direction without any resistance.

In indexes case its not momentum indicator, just Stock market opened and its logical we have big move are 1st half of Stock market trading day.

I might be wrong , I have been wrong before

#4,071
Feb 24, 2025 2:22am Feb 24, 2025 2:22am

Inthebox
Joined Jun 2010 | Status: Trader | 16,699 Posts

Quoting Mandariin

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{quote} 99% of people see double bottom and look to short the level. {image} {quote} I would not pay attention for Marubozu candles on index charts. Most of 4h Marubozu candles are at US stock market open. Also most double Marubozus form when US stock market open. The marubozu candle pattern can be best described as a momentum candlestick pattern. For traders, it usually serves as a leading indicator that the price is expected to continue in a certain direction without any resistance. In indexes case its not momentum indicator, just Stock market...

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okay
dow m1 set up. was late.

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