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  • #2,801
  • May 24, 2012 8:30am May 24, 2012 8:30am
And another QM
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.jpg Size: 67 KB
W Szczebrzeszynie chrząszcz brzmi w trzcinie
  • #2,802
  • May 24, 2012 8:52am May 24, 2012 8:52am
Quoting kruger
And another QM
I have some questions here (http://11987593.weebly.embed.tal.ki/20120524/qm-levels-1610847/?viewmark=1) about QM if anyone wants to contribute?
  • #2,803
  • May 24, 2012 10:51am May 24, 2012 10:51am
Quoting Tyoon
I have some questions here (http://11987593.weebly.embed.tal.ki/20120524/qm-levels-1610847/?viewmark=1) about QM if anyone wants to contribute?
i seem to be unable to sign up to AG anyhelp please
  • #2,804
  • Edited 11:54am May 24, 2012 11:13am | Edited 11:54am
Quoting uk4x
i seem to be unable to sign up to AG anyhelp please
Bit hardly at the first time.
Anyway, if you have a fb - twitter account y can use that
or you can made an account here https://www.myopenid.com/ then enter by cliking here [image]
if you still have prob. just tell me
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Click to Enlarge Name: enteracegazette.JPG Size: 123 KB
Sometime the horizon disappear. Twitter: @_whiteout
  • #2,805
  • May 24, 2012 11:21am May 24, 2012 11:21am
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 92 KB


edit:im still a bear.the real action im looking is that consumed demand below getting broken and price will drop making LL.
this QM chart is just for me to understand this pattern better.
thx for any input.
  • #2,806
  • May 24, 2012 12:11pm May 24, 2012 12:11pm
Thought some may be able to get in on this Pinbar. Took a short on USDCAD from a HTF level, and entry from a 1m pinbar retracement. Other than that been pretty slow other than watching Euro tank.
Attached Image (click to enlarge)
Click to Enlarge Name: euro12.gif Size: 17 KB
DM if you have any questions
  • #2,807
  • May 24, 2012 12:15pm May 24, 2012 12:15pm
Quoting whiteout
Bit hardly at the first time.
Anyway, if you have a fb - twitter account y can use that
or you can made an account here https://www.myopenid.com/ then enter by cliking here [image]
if you still have prob. just tell me
thanks mate signed up now
  • #2,808
  • May 24, 2012 9:12pm May 24, 2012 9:12pm
Quoting beebolbod
Thanks for the input m8. Appreciate the discussion.

BUT this leaves us with something of a quandary in my view.
If this PA is the sort to keep us out of trades then we will miss a lot of potential good setups no? It must happen a lot, all the time.
I really want to know (and will now endeavour to look for) lots of this and see if there is something we can use to determine if it's consuming to continue or reject.
Bee & Tyoon,
Thanks for the analysis and discussion on this. No offence Bee, but I'm leaning towards Tyoon's explanation as I've earlier mentioned that lower high after the spikes probably confirms its coming down. If only IF can give his take on this would be wonderful, but i know he is busy setting up AG.

Quoting asos101
RED talking about consumption or rejection
http://www.forexfactory.com/showthread.php?p=4399601#post4399601
http://www.forexfactory.com/showthread.php?p=4396065#post4396065

and
http://www.forexfactory.com/showthread.php?p=4518621#post4518621 (http://www.forexfactory.com/showthread.php?p=4518621#post4518621)
(http://www.forexfactory.com/showthread.php?p=4518640#post4518640) (http://www.forexfactory.com/showthread.php?p=4518640#post4518640)[/url][url="http://www.forexfactory.com/showthread.php?p=4518640#post4518640"] (http://www.forexfactory.com/showthread.php?p=4518640#post4518640)...

Asos, thks for the links. Given me more food for thought
  • #2,809
  • May 24, 2012 9:15pm May 24, 2012 9:15pm
Quoting jkrick33
open for discussion
jkrick,
Can u share specifically why your entry was there? (was it PB in demand zone?) There was an earlier PB that also dipped into your demand zone in grey. Why not that? Your answers will help in my learning. Thanks!
  • #2,810
  • May 24, 2012 10:17pm May 24, 2012 10:17pm
Has anyone tried to use If's watermark indi as provided in link below?
http://www.forexfactory.com/showthread.php?p=4944592#post4944592

I can't seem to get it to work. I'm no techie, but from what i see in my Experts MT4 file that contains other indi as well, I realised that the same indicator usually comes with 2 files, one ex4, another mql4 source file. Am I missing something here?
  • #2,811
  • May 25, 2012 2:17am May 25, 2012 2:17am
Quoting Fx7877
Has anyone tried to use If's watermark indi as provided in link below?
http://www.forexfactory.com/showthread.php?p=4944592#post4944592

I can't seem to get it to work. I'm no techie, but from what i see in my Experts MT4 file that contains other indi as well, I realised that the same indicator usually comes with 2 files, one ex4, another mql4 source file. Am I missing something here?
i use these and they work fine, have a go.
put them in the /experts/indicators/ folder.

i think the .ex4 are pre-compiled files and the .mq4 are the ones that your own pc can compile to produce the .ex4 .
Attached File(s)
File Type: zip Symbol and timeframe.zip   90 KB | 379 downloads
  • #2,812
  • May 25, 2012 3:17am May 25, 2012 3:17am
Quoting asos101
i use these and they work fine, have a go.
put them in the /experts/indicators/ folder.

i think the .ex4 are pre-compiled files and the .mq4 are the ones that your own pc can compile to produce the .ex4 .
Thanks Asos. I did put them in the folder as directed, but somehow my PC is not generating the mq4 file. Now, even after I've pulled your mq4 file in, the indi still not showing up on chart after dragging into chart.
  • #2,813
  • May 25, 2012 4:33am May 25, 2012 4:33am
Quoting Fx7877
Bee & Tyoon,
Thanks for the analysis and discussion on this. No offence Bee, but I'm leaning towards Tyoon's explanation as I've earlier mentioned that lower high after the spikes probably confirms its coming down. If only IF can give his take on this would be wonderful, but i know he is busy setting up AG.




Asos, thks for the links. Given me more food for thought
None taken m8 Bit confused though. We did get lower highs after the spikes no?

We mustn't forget big picture here either. Gold is/was in heavy bear mode. It printed a Friday W1 pin which never really broke and cascaded down from there.

I found another example which is good. Shows both ways.

Attached Image (click to enlarge)
Click to Enlarge Name: uc spikes1.gif Size: 31 KB


I think there is a lot to learn from these spikes which is why i've been looking at them in more detail. Big picture, PA to left, higher TF levels etc.
  • #2,814
  • May 25, 2012 6:05am May 25, 2012 6:05am
Can some traders do me a favour here?

So far I have identified three types of QM levels:

1, Engulf
2, SR
3, Base

A drawing of each.

http://i.minus.com/ik7cMwufPWukJ.png

Can you search your charts for examples of each? Where can you identify the pullback (the next HL (after the LL for bullish QM) or next LH (after that HH for bearish QM)) where a trade could be entered?

I am posting some of my examples here (http://www.acegazette.com/community.html#/20120524/qm-levels-1610847/).

Would be most grateful. Cheers chart readers/traders.
  • #2,815
  • May 25, 2012 7:36am May 25, 2012 7:36am
Quoting Tyoon
Can you search your charts for examples of each?
Base example
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM5.jpg Size: 62 KB
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  • #2,816
  • May 25, 2012 8:18am May 25, 2012 8:18am
Sorry that I am quiet at the moment, had a challenging two weeks trading wise seem to be chasing my tail, doing same mistakes over and over again.

Anyway time to change and time to get back to basics and do some good analysis. The trades I am winning are the ones that have a setup on a HTF and then enter it on LTF. Need to do more of this.

Great example attached.
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Click to Enlarge Name: 6_1 $AUDUSD (60 Min) 25_05_2012.jpg Size: 113 KB
Click to Enlarge Name: 6_2 $AUDUSD (1 Min) 19_05_2012.jpg Size: 101 KB
Click to Enlarge Name: 6_3 $AUDUSD (1 Min) 16_05_2012.jpg Size: 86 KB
Click to Enlarge Name: 6_4 $AUDUSD (5 Min) 22_05_2012.jpg Size: 107 KB
  • #2,817
  • May 25, 2012 8:26am May 25, 2012 8:26am
Quoting Tyoon
Can some traders do me a favour here?

So far I have identified three types of QM levels:

1, Engulf
2, SR
3, Base

A drawing of each.

http://i.minus.com/ik7cMwufPWukJ.png

Can you search your charts for examples of each? Where can you identify the pullback (the next HL (after the LL for bullish QM) or next LH (after that HH for bearish QM)) where a trade could be entered?

I am posting some of my examples here (http://www.acegazette.com/community.html#/20120524/qm-levels-1610847/).

Would be most grateful....
Hi Tyoon,
Here you go...
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: eu hl qm engulfed s.gif Size: 11 KB
  • #2,818
  • May 25, 2012 8:35am May 25, 2012 8:35am
Quoting hometrading
Sorry that I am quiet at the moment, had a challenging two weeks trading wise seem to be chasing my tail, doing same mistakes over and over again.

Anyway time to change and time to get back to basics and do some good analysis. The trades I am winning are the ones that have a setup on a HTF and then enter it on LTF. Need to do more of this.

Great example attached.
Lovely. Keep at it m8, you'll be great for sure. good days and bad days.
  • #2,819
  • May 25, 2012 9:09am May 25, 2012 9:09am
This can be ping-pong between QMs
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1.jpg Size: 64 KB
W Szczebrzeszynie chrząszcz brzmi w trzcinie
  • #2,820
  • May 25, 2012 9:10am May 25, 2012 9:10am
Quoting hometrading
Sorry that I am quiet at the moment, had a challenging two weeks trading wise seem to be chasing my tail, doing same mistakes over and over again.

Anyway time to change and time to get back to basics and do some good analysis. The trades I am winning are the ones that have a setup on a HTF and then enter it on LTF. Need to do more of this.

Great example attached.
Nice charts Hometrading!

Looking at higher TF for zones and then pin poiting the entries on the lower TF is for sure a very nice way to trade.

Keep up the good work,
Mel
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