Q A M Trading Strategy

Take a good look at a few pairs in terms of:

1. location of price on the chart (where is price in terms of DO line, S + R, Pivots)
2. Q signals generated from the start of the day
3. TF (if you like trading from say the M15 chart make sure you drop down to an M5 or M1 TF and look at price activity)
4. News

Then start to narrow down the choice remembering at this stage that once you have a cycle running any future cycles in other pairs will be delayed until at least the current cycle is closed out!

Take time to decide, look for the 'better' cycle.

If no pairs look worthwhile to trade at this stage then do not enter a cycle, but continue to monitor PA

Masterrmind...........

NZDJPY [M15; 10]



Masterrmind..........

NZDJPY [M15; 10 - manual]



Close enough to 90 pips from all shorts!

Masterrmind............

Selected time frames and Quantum values

The following TF + Q values are provided as a general guide only for the ATW session....

[M1; 200]

[M5; 40]

[M15; 10]

I recommend that only 3 time frames be applied during the Asian session namely; M1, M5 and M15.
I DO NOT recommend using M30 or H1 and above in the ATW session because too much of the detail is missed out.

Slight variations to the Q values listed above are acceptable provided they are based on an analysis of a particular pairs average trading ranges.

NB. Other trading sessions (London, New York etc) will have altered Q values from those listed above which will be covered at a later stage!

Masterrmind..........

EURGBP [M5; 40 - manual]



10 shorts FIFO technique

Masterrmind...........

Mail

All good!

Masterrmind............

Notice the sequence on the EG M5 chart!

1. Quantum boxes > 1 waiting for signs of eventual weakness in the bulls and awareness of mid R as the next obstacle to price
2. short could have been taken straight up (nice pin bar on the 4th Q box) just under mid resistance level on bearish intent
3. but notice how on my entries I waited!
4. looked for PA to charge up and then to show weakness led by the strength of the bears again just under mid R level (call it a retest)
5. price sharply down .... look left at structure on the chart and choose a realistic TP level.

Note that I usually leave TPs down a bit lower but will close out trades manually via MT4 or a script (demo phase MT4 manual approach only)

Look for these types of setups they happen very often indeed.

Notice also that you are in and out within 5 minutes and bagged several pips in the process, then you can focus on the next cycle.

Its not always about just looking for the 1 cycle that takes ages to complete but rather cycles that complete in ideal zones on the chart very quickly.
This cycle occurred on a turtle pair oddly enough so the chart structure can be very important.
Not all cycles will complete this fast but I tell you many many do!

Masterrmind...........

really nice pin bar ... well worth a trade if watching

Exactly right!

Easy to miss on a smaller TF .....

ps. grab a cup of coffee and its long gone!

Masterrmind...........

HAPPY EASTER HOLIDAYS TO ALL THOSE WHO CELEBRATE!

I will not be actively trading today........

Masterrmind............

Ditto MM , a break never hurt anyone ...cheers SP

hi i mix this wyatts pivot and quantum.... so i can get some support of where to buy and sell....

Its always a great idea to rest the mind and return to trading refreshed and ready to go!

Next week is a new week and the market will always be there!

Masterrmind...........

Hi ramzam,

Yes that's the purpose of using the pivot indicator with the Quantum.

Do not put all your faith in this setup though you need to consider the PA across the whole chart including zooming into and out of different TFs.

Try to take cycles in the same direction as the longer term trend (if there is one) as these are likely to have lower DD's and provide opportunities later in the ATW that allow for the possibility of higher TPs.

Importantly, there is no need to rush into a trade as soon as a Quantum signal box appears, the location of the Q box to S+R, pivots and the DO line should also be considered.

Trendlines, S+R, pivots, Fibs and the DO line may not be respected by price on the 1 st attempt and many times it occurs on the second and third tests by price at these levels. When price respects levels on multiple occasions it can provide greater confidence when making entries.

Wait and assess the entry further for likely validity.
The Q box is simply the 1st step in multiple steps prior to an entry being considered.

If you decide to use the [M15; 10] chart make sure that an M1 or M5 TF is also considered and if going long take the trade from the completion of bullish M1 candle or if going short from the completion of a bearish M1 candle as this technique may provide the entry with lower DD.

If you can work with an M1 TF and an M15 TF what you would want to do is wait until a Q box appears on the M15 TF first then drop the period down to an M1 TF for an ideal entry!

The QAM Strategy considers all these factors (and many more) so that the odds of winning a trade (or cycle) are higher.

Good trading,

Masterrmind...........

WEEK 5 START OF TRADING

Initial risk% applied from 5 to 10

Introducing multiple pairs being traded at the same time

Other important factors

ps. hope the Easter break was refreshing for everyone, but now its back to work!

Masterrmind...........

GidddayMM, had a look at Aj .. very close to pretty solid resistance line , will keep close eye on it now ..

Trading could start off rather slowly this week until the market starts to get back into full swing.

The plan is to trade EURCHF and EURGBP cycles as overlapping cycles at similar times.

Usually though 1 cycle will start before the other.

The most important consideration other than the choice of pairs to trade is to keep total applied risk% <= assigned risk% at all times!

It may take some time to get into both cycles on the 2 turtle pairs today but that's ok since this is part of the learning phase.

Other single cycles may be considered as well depending on how long the turtle cycles unfold.

Masterrmind.............

EURCHF [M15; 10] and EURGBP [M15; 10]



turtle pace..........

Do not just enter either, make sure the setup looks ideal otherwise if not do not trade it!

Masterrmind...........

Yes by all means keep an eye on other setups as they can be traded in amongst the multiple setups if desired

Masterrmind..........