Attachments: Price is everything

Price is everything

#21,581
Nov 8, 2011 10:26am Nov 8, 2011 10:26am

Ifmyante
| Membership Revoked | Joined Nov 2010 | 3,072 Posts

Thanks to fistaid for the heads up on this lovely qm

Took some off here

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#21,582
Nov 8, 2011 10:40am Nov 8, 2011 10:40am

-nate-dogg-
| Joined Dec 2010 | Status: Trader | 463 Posts

Quoting Ifmyante

Disliked

Thanks to fistaid for the heads up on this lovely qm

Took some off here

Ignored

Hi Iffy, couple of questions if I may,

With the QM trade, are you looking for a lower right neck line?

And you pull the trigger at the supply that caused the left shoulder?

Is this a high probability setup in your opinion?

Thanks.

#21,583
Nov 8, 2011 10:49am Nov 8, 2011 10:49am

bumapatria
Joined Aug 2011 | Status: Trader | 10,724 Posts

Quoting -nate-dogg-

Disliked

Hi Iffy, couple of questions if I may,

With the QM trade, are you looking for a lower right neck line?

And you pull the trigger at the supply that caused the left shoulder?

Is this a high probability setup in your opinion?

Thanks.

Ignored

shows up all tf's very high probable 90% of the time, and is amazing. leverage ur trade even for low risk of 10 pips is enough
http://www.nobrainertrades.com/2009/...r-pattern.html

Have I got something on my face, SOLDIER?

#21,584
Nov 8, 2011 10:49am Nov 8, 2011 10:49am

RedCabbage
| Joined Nov 2008 | Status: I support the resistance | 1,033 Posts

Quoting -nate-dogg-

Disliked

Hi Iffy, couple of questions if I may,

With the QM trade, are you looking for a lower right neck line?

And you pull the trigger at the supply that caused the left shoulder?

Is this a high probability setup in your opinion?

Thanks.

Ignored

Sorry to butt in, QMs are my bread and butter!

Lower right neckline is essential to turn it from a H+S to a QM. Lower low shows commitment south. Entry is at the left shoulder.

Like anything position is critical - know what you want to see, know where you want to see it!

http://www.nobrainertrades.com/2009/...r-pattern.html

#21,585
Nov 8, 2011 10:53am Nov 8, 2011 10:53am

Ifmyante
| Membership Revoked | Joined Nov 2010 | 3,072 Posts

Thanks guys

I have nothing to add

#21,586
Nov 8, 2011 11:00am Nov 8, 2011 11:00am

-nate-dogg-
| Joined Dec 2010 | Status: Trader | 463 Posts

Thanks Red, Buma and Iffy.

I'll keep an eye out for it in future, and maybe add it to the repertoire.

I remember the over and under pattern from NBT, great thread, shares a similar philosophy with this one.

Thanks again.

#21,587
Nov 8, 2011 11:01am Nov 8, 2011 11:01am

keikor
| Joined Aug 2010 | Status: Trader | 193 Posts

hi all,

just bought usd/chf at demand zone for a quick 18p scalp. entered 0.8969 tp 0.8987.

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#21,588
Nov 8, 2011 11:07am Nov 8, 2011 11:07am

bumapatria
Joined Aug 2011 | Status: Trader | 10,724 Posts

usd chf short

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Have I got something on my face, SOLDIER?

#21,589
Nov 8, 2011 11:12am Nov 8, 2011 11:12am

keikor
| Joined Aug 2010 | Status: Trader | 193 Posts

Quoting bumapatria

Disliked

usd chf short

Ignored

hi,

what makes you short usd chf? i am in a totally opposite position buying it. isnt there a demand zone on the 1hr?

or am i on a wrong track here?

thanks!

#21,590
Nov 8, 2011 11:26am Nov 8, 2011 11:26am

RedCabbage
| Joined Nov 2008 | Status: I support the resistance | 1,033 Posts

Quoting -nate-dogg-

Disliked

Thanks Red, Buma and Iffy.

I'll keep an eye out for it in future, and maybe add it to the repertoire.

I remember the over and under pattern from NBT, great thread, shares a similar philosophy with this one.

Thanks again.

Ignored