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Quantum London Trading

  • #2,201
  • Oct 15, 2015 9:01pm Oct 15, 2015 9:01pm
Quoting Esosa
{quote} Hello mastermind, i want test out the system with a 1k acc, any advice?
Try to answer these questions in the first instance!

1. Live or demo?
2. What pair?
3. What TF?
4. What trading window?
5. How much risk will you apply per cycle?
6. What is your trading plan and do you have a goal that you wish to achieve?

1K will mean the following:

a) limited hours in the market
b) limited entries
c) limited cycles
d) limited SL boundaries
e) finite margin
f) non-volatile pairs
g) quieter trading sessions

Start off with maybe 1-3 trades per cycle at minimum lot size and only 1 cycle per day on one pair only and see how this works out over the first 5 trading days.

Make adjustments as necessary especially with DD issues that 'will' arise.

Test your strategy on a demo account since 1K would be considered well underfunded for this Q method (no offense but its a fact)

After several weeks of testing on demo work your way into trading live.

If privacy is not such an issue then consider setting up a myfxbook or TE link for analyzing your trading history.

Note: sometimes its far more exciting to show others that it CAN be done when everyone else is saying that it cannot!

I'm not saying it cannot but I am saying that it will need to be managed closely, tightly and it will be a challenge!

Good trading,

Masterrmind...........
Master your Mind then Master your Trades
  • #2,202
  • Oct 15, 2015 9:07pm Oct 15, 2015 9:07pm
Trading EG, EChf and GU from Tokyo Open today.

Masterrmind..........
Master your Mind then Master your Trades
  • #2,203
  • Oct 16, 2015 12:29am Oct 16, 2015 12:29am
holding EG on daily chart 400tick TS should be wide enough todays entry should have been few ticks lower , jumped in with unbounded enthusiasm.... woops wrong chart sorry
Attached Image (click to enlarge)
Click to Enlarge Name: eg d.jpg Size: 73 KB
  • #2,204
  • Oct 16, 2015 12:41am Oct 16, 2015 12:41am
nah thats the right 1 ..cancelled the other
  • #2,205
  • Oct 16, 2015 2:27am Oct 16, 2015 2:27am
Quoting Esosa
{quote} Hello mastermind, i want test out the system with a 1k acc, any advice?
esosa it can be done ,Ive come back from less than that after some undisciplined trades ,,,, it will teach you discipline and patience ,but it can be rewarding ...S.
  • #2,206
  • Oct 16, 2015 2:48am Oct 16, 2015 2:48am
Tokyo Open

EURGBP [M1; 200 - 200/350]

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 42 KB


Total pips for the EG pair in the Asian session was + 222.8 pips

Note: Q increased from 200 to 350 later in the session to force a better exit.

Masterrmind............
Master your Mind then Master your Trades
  • #2,207
  • Oct 16, 2015 3:03am Oct 16, 2015 3:03am
GBPUSD [M1; 200 - 200/manual]

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 32 KB


2 cycles of trades

Total pips for the GU pair in the Asian session was + 71.5 pips

Note: cycle 2 closed out manually

Masterrmind...........
Master your Mind then Master your Trades
  • #2,208
  • Oct 16, 2015 3:31am Oct 16, 2015 3:31am
like pipping goldfish in a bowl .........
  • #2,209
  • Oct 16, 2015 4:24am Oct 16, 2015 4:24am
Quoting Masterrmind
Trading EG, EChf and GU from Tokyo Open today. Masterrmind..........
Fine,+ usdcad for me using the steps I outlined earlier. Only eurchf and usdcad have running trade now...in profit.
  • #2,210
  • Oct 16, 2015 4:31am Oct 16, 2015 4:31am
Quoting starpro
like pipping goldfish in a bowl .........
Indeed!

You can see what happens to the ranges usually around FF open and onwards they widen significantly so if you have loaded up a bit on the lot sizes you have to be very careful and almost get out of the trades an hour or so before FF starts.

This is one reason to try and limit the total cycles of trades per pair but one day is never exactly the same as the following day so one day you might get 3 beautiful cycles and the next day you might get stuck with 1 nasty trend loving cycle that wants to go on and on.....

There is a definite relationship between Q and time.......... as time increases Q will most likely need to be increased.

Masterrmind..........
Master your Mind then Master your Trades
  • #2,211
  • Oct 16, 2015 4:38am Oct 16, 2015 4:38am
Quoting Surgefx
{quote} Fine,+ usdcad for me using the steps I outlined earlier. Only eurchf and usdcad have running trade now...in profit.
I'm not trading UCad today but it is one of the pairs I look at and has been rather profitable recently.

One other idea might be to limit the trades and cycles of a given pair especially on the last trading day of the week to avoid a situation of being trapped in a nasty cycle over the weekend because it has 'trended' out of your trading window....

The trouble with this though is sometimes the cycles work out perfect on the last day of the week so as always its a call to be made by the trader.

Masterrmind...........
Master your Mind then Master your Trades
  • #2,212
  • Oct 16, 2015 4:55am Oct 16, 2015 4:55am
I actually use channell stop (white and red/greenines) as a filter , I ignore the Q-M red squares as long as the white (longterm) channell stop is the main trend , so the ordinary yellow Q blocks can actually be used as a continuation addon position . see the last Q_M square could come into calculations now if the white indi meets the price PS for some reason my text isnt posting , Any clues anyone?this is HKG33 (honkers )15min chart I will for green indi to meet price and red dot (on close) signals downtrend I actually dont alter the indis because I do all manual ... and 50/450on quantum suits me.
Attached Image (click to enlarge)
Click to Enlarge Name: hkg15min.jpg Size: 77 KB
  • #2,213
  • Oct 16, 2015 5:13am Oct 16, 2015 5:13am
EURCHF [M1; 200 - 200/350]

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 48 KB


Total pips for the EChf pair in the Asian session was + 262.9 pips

Note: 6 or so trades not taken at the end of cycle 2 due to a 36 trade limit in this case

Masterrmind...........
Master your Mind then Master your Trades
  • #2,214
  • Oct 16, 2015 5:15am Oct 16, 2015 5:15am
Here is an example of GJ 5min chart , where the white rectangle Qsuares ignored due to white CH stop and the Qsquares(in the 2nd green rectangle ) used due to the green indi meeting price and red dot formed on candle close ,then the yellow dots could be used to add to position due to the WHITE CHstop, I missed this but it is a good example of filtering ... the Qsquares are still 50/450 unchanged
Attached Image (click to enlarge)
Click to Enlarge Name: GJ.jpg Size: 81 KB
  • #2,215
  • Oct 16, 2015 6:49am Oct 16, 2015 6:49am
Quoting starpro
I actually use channell stop (white and red/greenines) as a filter , I ignore the Q-M red squares as long as the white (longterm) channell stop is the main trend , so the ordinary yellow Q blocks can actually be used as a continuation addon position . see the last Q_M square could come into calculations now if the white indi meets the price PS for some reason my text isnt posting , Any clues anyone?this is HKG33 (honkers )15min chart I will for green indi to meet price and red dot (on close) signals downtrend I actually dont alter the indis because...
Hi mate,can you share your indi,i want to test it .Thanks in advance.Al.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #2,216
  • Oct 16, 2015 6:59am Oct 16, 2015 6:59am
the shorter time price channell I altered to 0,0,1,5 (red and green ) the white price channell I left as 0,2,3,9 I use the white as a "trend" indi and the r/g as action indi I TRY to wait till the candle where RED/green dot forms closes to confirm reversal as I said I leave Q and Q_M as 50 and 450 for all t/f ,because i check longer tf if I have any doubt about the squares
I also use HA candles with line chart (black) or switch to candles and delete HA candle
Attached Image
  • #2,217
  • Oct 16, 2015 7:52am Oct 16, 2015 7:52am
Quoting starpro
the shorter time price channell I altered to 0,0,1,5 (red and green ) the white price channell I left as 0,2,3,9 I use the white as a "trend" indi and the r/g as action indi I TRY to wait till the candle where RED/green dot forms closes to confirm reversal as I said I leave Q and Q_M as 50 and 450 for all t/f ,because i check longer tf if I have any doubt about the squares I also use HA candles with line chart (black) or switch to candles and delete HA candle {image}
Can you able to share your indi..?
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #2,218
  • Oct 16, 2015 8:20am Oct 16, 2015 8:20am
Quoting Almo2312
{quote} Can you able to share your indi..?
Here you go mate.........

Attached File(s)
File Type: mq4 PriceChannel_Stop_v9.2.mq4   15 KB | 717 downloads


Masterrmind...........
Master your Mind then Master your Trades
  • #2,219
  • Oct 16, 2015 9:23am Oct 16, 2015 9:23am
Quoting Masterrmind
{quote} Here you go mate......... {file} Masterrmind...........
thanks mate much appreciate

Al
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #2,220
  • Oct 16, 2015 9:55am Oct 16, 2015 9:55am
To me there seems to be suggested to trade pullbacks away from the main trend established in the actual time frame. I found just a handful of boxes suggesting the pullback was over, and hundreds which tried to catch the next local top where most of them failed.
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