Q A M Trading Strategy

Quoting LuXing

Disliked

{quote} I am a bit lagging behind (just like a repainting indi ;-), great idea Mastermind !!!! Congratulations and all the best with your "new thread". From my point of view, no trader could expect better than this. You have been precise, concise, open to constructive criticism and transparent with a Trade Explorer to top it all off showing the teaching of the preachings. Many thanks again for the good advice and kind words you have given me in the past. The FF community needs more selfishless people like you. God bless you, your family and your...

Ignored

Quoting Masterrmind

Disliked

EURCHF [M1; 200 - manual] {image} 2 longs in progress watch spread trending gap about 12-13 pips awareness of SL placement awareness of TP placement awareness of risk Masterrmind............

Ignored

Quoting Masterrmind

Disliked

{quote} Now 3 longs on EURCHF........... {image} Monitor PA on the way up especially at 'obstacles' on your chart such as the pivot... DO line.... mini S+r etc Masterrmind.............

Ignored

Quoting Masterrmind

Disliked

Observation of PA would have avoided this situation! Would you all agree? {image} Masterrmind...........

Ignored

Quoting Masterrmind

Disliked

{quote} What is between our trades and SL? Only a support level right! Of course price could reverse at or near the support level BUT only if that level holds right and if the level does not hold there goes 3% or close to it! Is this how we should be trading? ...... I hope you all say NO! Does it feel comfortable? ........ I think not! Masterrmind........... :nerd:

Ignored

Quoting Masterrmind

Disliked

{quote} What is between our trades and SL? Only a support level right! Of course price could reverse at or near the support level BUT only if that level holds right and if the level does not hold there goes 3% or close to it! Is this how we should be trading? ...... I hope you all say NO! Does it feel comfortable? ........ I think not! Masterrmind........... :nerd:

Ignored

Quoting togerhard

Disliked

{quote} Hi Masterrmind, I am a little bit delay for todays trading ... trading and talking about EUR/CHF ... with my Broker we have S1 around 1.0944 and LL 1.0942, and trade around 1.0945/47 ... in this case I will enter a long trade and see how it will run. Yesterday I had two short trades with this system but close them too early ... anyhow, I got yesterday a short Signal from some professionell Service around 1.0945 which hit SL 1.0990 ... with this pair in a trading range let me say 1.07 to 1.10 the last couple of weeks and a Central Bank behind...

Ignored

Quoting Masterrmind

Disliked

I'm sitting on 3 longs on the EURCHF pair and FF Open is about 1 hour away. {image} How do we manage our trades? Close them all out at the next red Quantum box? Allow them to run? Don't worry about them and hope they hit our TP? Masterrmind........... :nerd:

Ignored

Quoting Masterrmind

Disliked

{quote} What information can we get directly from the current EURCHF chart? {image} 1. Price has developed a mini-support zone at about the 1.09448 level. 2. #1 support above is above major support 3. Its also above our 3 SLs 4. What are we expecting (theoretically) when (if) price breaks slightly above the 1.09582 level? 5. What else do we know? 6. Importantly what should we do? Masterrmind............

Ignored

Quoting Masterrmind

Disliked

{quote} 1. Whats our risk on the cycle currently? just under 2% 2. I see no need to rush the SL's any higher at the moment because they are already tight up against major support 3. If price breaks down below mini support zone shown on above chart then I may consider closing out 1 trade initially but PA will be closely monitored. 4. If price remains above mini support zone then I'm 'happy' to allow the trades to run (closely monitored of course) 5. If price triggers a red Quantum box I'll consider moving all 3 SL's higher up the chart but below...

Ignored