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Q A M Trading Strategy

  • #81
  • Mar 1, 2016 9:10pm Mar 1, 2016 9:10pm
Quoting Masterrmind
{quote} It is possible to do this by simply going back through your chart as far back as you like and tabulating the data into excel. I hope you do this because you will be surprised! Masterrmind............
Master, thanks for suggestion, but i have this problem of systematic data works since i was a kid. i wish i have the talent and diligence to do that. usually in few minutes doing that i will be having headache.
  • #82
  • Mar 1, 2016 11:47pm Mar 1, 2016 11:47pm
Several shorts have been opened late in the trading window hopefully to show some of the inherent dangers in opening trades late.

Lets see how the trades turn out because this is not what I would usually do trading the live account so I'm hoping it will serve as a good example but we shall see.

Many times the cycles close out nicely but sometimes they do not.

Masterrmind...........
Master your Mind then Master your Trades
  • #83
  • Edited 12:12am Mar 2, 2016 12:01am | Edited 12:12am
Can you post those shorts MM please , I have a problem with Q signal repainting , I have 5 Q boxes ATM 464/474/485/485/503 now if this cuurrent candle closes above 503 that will be another Q box thanx SP........ and there it is now is the only time my spread is 1/2 reasonable 12 ticks eg 501/513 or so

WOOPS GUILTY of not having same settings asyou ,but would appreciate an indication of the entries thanx ...
  • #84
  • Mar 2, 2016 12:08am Mar 2, 2016 12:08am
Quoting Masterrmind
Several shorts have been opened late in the trading window hopefully to show some of the inherent dangers in opening trades late. Lets see how the trades turn out because this is not what I would usually do trading the live account so I'm hoping it will serve as a good example but we shall see. Many times the cycles close out nicely but sometimes they do not. Masterrmind...........
There is a 'nice' little trend developing later in the Asian Trading window and as the chart clearly shows more and more red boxes get printed which continues to add to the current DD.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 58 KB


This is one reason why I suggest NOT to open trades later in the session.

The completion of earlier cycles in the trading window is the way to go ..........

Masterrmind............
Master your Mind then Master your Trades
  • #85
  • Mar 2, 2016 12:16am Mar 2, 2016 12:16am
Quoting Masterrmind
{quote} There is a 'nice' little trend developing later in the Asian Trading window and as the chart clearly shows more and more red boxes get printed which continues to add to the current DD. {image} This is one reason why I suggest NOT to open trades later in the session. The completion of earlier cycles in the trading window is the way to go .......... Masterrmind............
Master, so when You say boxes, they are those small boxes, right ?
i wish the pattern of everyday would be always repeated like today, touching and reversal and then going to the direction ???

can i assume that it is better to take position only at the opening touching and reversal, take whatever happens for few hours ??

thanks Master
  • #86
  • Mar 2, 2016 12:16am Mar 2, 2016 12:16am
theres not a lot of difference in the spreads ah I see comparing charts my broker (GO MARKETS ) has diff highs giving me extra boxes .....
  • #87
  • Mar 2, 2016 12:16am Mar 2, 2016 12:16am
Quoting starpro
Can you post those shorts MM please , I have a problem with Q signal repainting , I have 5 Q boxes ATM 464/474/485/485/503 now if this cuurrent candle closes above 503 that will be another Q box thanx SP........ and there it is now is the only time my spread is 1/2 reasonable 12 ticks eg 501/513 or so
Hopefully the posted chart above is what you are asking about.

As the trend continues more and more Quantum signal boxes get painted representing more trades running away from you and as a result the DD escalates and if not managed properly the tiny account will soon be under great pressure even if you are only using 0.01 lots.

Hopefully this example is clear but you should trade such a cycle so you get to feel some of the psychological pain too!

Good thing its on demo but I still don't enjoy seeing the carnage whether it turns out good or bad its the DD that I don't like or want.

Masterrmind............
Master your Mind then Master your Trades
  • #88
  • Mar 2, 2016 12:20am Mar 2, 2016 12:20am
Quoting goldtime
{quote} Master, so when You say boxes, they are those small boxes, right ? i wish the pattern of everyday would be always repeated like today, touching and reversal and then going to the direction ??? can i assume that it is better to take position only at the opening touching and reversal, take whatever happens for few hours ?? thanks Master
Can you now see the reason why I like to take 1,2 or maybe 3 cycles of trades closer to the start of the Asian session and not closer to FF Open.......

Some of these later cycles of trades can really generate alot of profit but the problem is that the DD can get too high too fast and put a very small account under too much pressure.

Masterrmind.............
Master your Mind then Master your Trades
  • #89
  • Mar 2, 2016 12:25am Mar 2, 2016 12:25am
Quoting Masterrmind
{quote} Can you now see the reason why I like to take 1,2 or maybe 3 cycles of trades closer to the start of the Asian session and not closer to FF Open....... Some of these later cycles of trades can really generate alot of profit but the problem is that the DD can get too high too fast and put a very small account under too much pressure. Masterrmind.............
yes Master, thanks
  • #90
  • Mar 2, 2016 12:28am Mar 2, 2016 12:28am
Quoting starpro
theres not a lot of difference in the spreads ah I see comparing charts my broker (GO MARKETS ) has diff highs giving me extra boxes .....
Yes that's right starpro the slight difference can generate additional boxes and create different results but it can go either way.... its related to the data flow.

I'm trying to keep up with the manual placed entries on 2 brokers at the moment and its not exactly fun.

Masterrmind...........
Master your Mind then Master your Trades
  • #91
  • Mar 2, 2016 12:29am Mar 2, 2016 12:29am
yeh it hurts to lose even in demo, LOL,
  • #92
  • Mar 2, 2016 12:34am Mar 2, 2016 12:34am
If 2 brokers (basically the same ,only slight differences) are a problem why not just do 1 , then its up to people to see the Q boxes which should be pretty close to yours .../?
  • #93
  • Mar 2, 2016 12:42am Mar 2, 2016 12:42am
Quoting starpro
yeh it hurts to lose even in demo, LOL,
I know the longer term traders familiar with Quantum will understand this DD issue better than most.

My thinking is that I need to show the good and the bad earlier rather than later so the images remain fresh in our minds.

There are techniques that we can employ in our trading to avoid this. the simplest one is to end cycles early and never be tempted to open a late cycle because you run the risk of huge DD.

If the current cycle of shorts closes in profit (which it probably will) it should not be seen as a way to trade ........... unless your account size is very very large but that is not what this thread is about.

Masterrmind..........
Master your Mind then Master your Trades
  • #94
  • Mar 2, 2016 12:46am Mar 2, 2016 12:46am
hahah "temptation" ... ive done so well so far , lets get some more in the bag ...
  • #95
  • Mar 2, 2016 12:49am Mar 2, 2016 12:49am
Quoting starpro
hahah "temptation" ... ive done so well so far , lets get some more in the bag ...
Precisely right!

This type of mentality is what destroys accounts not build them.

This thread is more about building them by correctly managing risk not gambling!

Masterrmind...........
Master your Mind then Master your Trades
  • #96
  • Mar 2, 2016 12:57am Mar 2, 2016 12:57am
Price has reversed now and heading back to the DO line but also started to slow down near the pivot (on 1 brokers data feed anyway not the other) so what I did is manually close out all the trades still in profit.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 56 KB


I monitor price very closely now and look for any signs of strength from the bulls in which case I will close out the last 4-5 trades even if they are a small loss.

The idea is to give price room enough to breathe but not too much because you don't want to give back all that profit!

Masterrmind..............
Master your Mind then Master your Trades
  • #97
  • Mar 2, 2016 12:57am Mar 2, 2016 12:57am
Quoting Masterrmind
{quote} Precisely right! This type of mentality is what destroys accounts not build them. This thread is more about building them by correctly managing risk not gambling! Masterrmind...........
Master i wish You say like this : this thread is more about building consistent profit not gambling.
can i have this wish Master ????????/????
  • #98
  • Mar 2, 2016 1:04am Mar 2, 2016 1:04am
Quoting goldtime
{quote} Master i wish You say like this : this thread is more about building consistent profit not gambling. can i have this wish Master ????????/????
My plan is exactly that but by using a somewhat risky strategy.

I can tell you that I am up to the challenge!

This thread is to help others who either have small accounts or who only wish to outlay a small amount to trade the Quantum Method.

Live trading (with a TE) will start close to April 1 with an invitation for others to participate if they so wish.

It would be pleasing to see other accounts grow to a level that allows them to trade Quantum on the larger trading sessions because this is where huge pips are made. The reality is that the larger the account the easier it is to manage the DD in this style of trading.

Masterrmind.............
Master your Mind then Master your Trades
  • #99
  • Mar 2, 2016 1:14am Mar 2, 2016 1:14am
Quoting Masterrmind
{quote} My plan is exactly that but by using a somewhat risky strategy. I can tell you that I am up to the challenge! Masterrmind.............
yes Master, i hope this is the day when the golden forex is in our hand.
thanks Master
  • #100
  • Mar 2, 2016 1:40am Mar 2, 2016 1:40am
EURCHF [M1; 200 - manual] - Wednesday March 2 - QAM strategy.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 37 KB


Masterrmind..............
Master your Mind then Master your Trades
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