Q A M Trading Strategy | Page 58 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

WRB/MC strategy:Coder needed to semi-automate my strategy 11 replies

strategy builder/tester for new scalping strategy 1 reply

Trading System versus Trading Strategy: Gaining a Profitable Edge 33 replies

Is opposite of losing strategy a winning strategy? 21 replies

Karmo's trading strategy trading GBP/JPY 2,030 replies

Attachments: Q A M Trading Strategy
Exit Attachments

Q A M Trading Strategy

  • #1,141
  • Jul 15, 2016 9:14am Jul 15, 2016 9:14am
Quoting diamonddbw
Here's a thought: What if basic Q was applied to London Close based on only opening those trades within the 76% to 100%, or 0% to 23% range, at London Close?
You could certainly try it!

Masterrmind............
Master your Mind then Master your Trades
  • #1,142
  • Jul 15, 2016 12:09pm Jul 15, 2016 12:09pm
Quoting Almo2312
look also at the GJ trade same as GN same concept on the one min 500 h/l in one good entry you can make above 200 pips for the volty pairs{image} .
GJ + GN about 400 pips in total for 4 trades

now gcad on process

Friday but I will keep it

Cheers

Al.
Dream, believe,fight for it and you will achieve and NEVER EVER GIVE UP!
  • #1,143
  • Jul 15, 2016 1:56pm Jul 15, 2016 1:56pm
Quoting Almo2312
{quote} GJ + GN about 400 pips in total for 4 trades now gcad on process Friday but I will keep it Cheers Al.
++++++++++++++++++++++++++++++++

Good show!
  • #1,144
  • Jul 16, 2016 8:12am Jul 16, 2016 8:12am
Moving in the right direction.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 22 KB


Masterrmind...........
Master your Mind then Master your Trades
  • #1,145
  • Jul 16, 2016 1:02pm Jul 16, 2016 1:02pm
Quoting Masterrmind
Moving in the right direction. {image} Masterrmind...........
Moving in a right direction for sure
Hope everything is fine.
Are you still letting a 10% DD to form? to grow the account quicker?
Well now you will need a lot more trades to get to the 10%.
Have a nice weekend
  • #1,146
  • Jul 16, 2016 7:39pm Jul 16, 2016 7:39pm
Quoting Shuael
{quote} Moving in a right direction for sure Hope everything is fine. Are you still letting a 10% DD to form? to grow the account quicker? Well now you will need a lot more trades to get to the 10%. Have a nice weekend
Lets see if the equity curve continues to trend upwards.

Have to expect some form of a pullback though and a shallow one would be ideal but perhaps not the final reality.

Initially, I am not setting a maximum floating DD limit on this account.

Giving the account plenty of room to breathe.

AJ cycle (the bigger picture)

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 57 KB


Later when the account grows I'll look to set a realistic DD but expect the limit to be reduced over time.

Trading 2 pairs AJ + EA with 200 trades @ 0.1 lots a piece the floating DD has reached about 15%.

The option to trade just 1 big cycle at a time is also available.

This account does have additional advantages for one thing the leverage is 1000:1 and I also have a far higher ratio of account balance to lot size.

The question is how much floating DD would I be prepared to allow before rolling out a series of recovery type trades?

I'm not setting a limit at this stage!

ps. I'll outline the EURAUD cycle (bigger picture) in an upcoming post since it differs from the AJ cycle !

Masterrmind...........
Master your Mind then Master your Trades
  • #1,147
  • Jul 16, 2016 8:43pm Jul 16, 2016 8:43pm
EURAUD CYCLE

Closed out long trades:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 45 KB


Currently running trades:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 45 KB


Plenty of opportunities to open smaller cycles and then close them out especially in a consolidated zone.

What we do not know is how long price will remain in this area.

But we do know that sooner or later it will break out and from my point of view upwards would be ideal!

ps. Fundamentals and news driven sentiment should be closely monitored with a clear sign of weakness in the AU currency ideal.

Masterrmind............
Master your Mind then Master your Trades
  • #1,148
  • Jul 16, 2016 8:58pm Jul 16, 2016 8:58pm
Limit on positions in the market

The FX-TM broker limits maximum running trades to 300.

So this is why I've set 100 trades per pair over 2 pairs so that I have an additional 100 trades that can be used if needed.

Depending on the progress of the 2 cycles of trades if for example the AJ pair was showing positive development then I might start applying additional entries to the EURAUD pair especially in the case where lower key support levels were being tested and looked to be holding.

It is situation dependent so I'll cross that bridge when I get to it.

The fact is that I have 300 trades in total to utilize so they need to be applied carefully.

Masterrmind............ :nerd:
Master your Mind then Master your Trades
  • #1,149
  • Jul 16, 2016 11:49pm Jul 16, 2016 11:49pm
Pair Selection

On future cycles of trades I will outline in advance which pairs I will be trading next and very briefly the reasons why!

The current list will be updated as follows:

Updated Pairs List

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 50 KB


There are 25 pairs in the list and 2 spot metals (Gold and silver) which could be traded at one time or another.

Note: a choice of pair(s) will be made based on spread to range and other factors.

Pairs unlikely to be traded are as follows:

Those pairs with very high spreads matched to lower daily ranges.

Low range pairs such as EURCHF and EURUSD (if EURGBP ranges drop then it too may not be traded).

As mentioned previously the pairs I decide to trade will be outlined well in advance.

If no advance warning has been given then expect the same pair(s) to be traded.

ps. the end aim of all this is to eventually simplify the QAM Method as applied to a cent account so that it might prove to be traded over and over.

Masterrmind............
Master your Mind then Master your Trades
  • #1,150
  • Aug 1, 2016 9:37pm Aug 1, 2016 9:37pm
New cycles to be traded from today will be EURGBP and GBPJPY

Masterrmind............
Master your Mind then Master your Trades
  • #1,151
  • Aug 2, 2016 12:36am Aug 2, 2016 12:36am
Quoting Masterrmind
New cycles to be traded from today will be EURGBP and GBPJPY Masterrmind............
The EG pair has been retired for the time being.

AUDUSD pair will now be traded in tandem with GBPJPY pair.

ps. basic explanation outlined in my trading journal thread.

Masterrmind............
Master your Mind then Master your Trades
  • #1,152
  • Aug 5, 2016 9:50pm Aug 5, 2016 9:50pm
Rolling Summary

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 25 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 21 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 34 KB



Weeks trading = 4
Account growth = +24.8%
Compound rate = +0.9% (daily)
Max floating DD = 17.1%

ps. the EG pair will be traded temporarily over the following week to bring the EG statistics back into green.

Masterrmind............
Master your Mind then Master your Trades
  • #1,153
  • Aug 7, 2016 8:27pm Aug 7, 2016 8:27pm
EURAUD [D1; 40]

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 60 KB


Potential longer term setup of cycles on this pair.

My plan will be to monitor PA levels and then apply multiple longer term entries (perhaps 10 longs or so)

These trades will be applied manually and allowed to unfold over the course of several weeks with the intention that they be allowed to play out in the background whilst other cycles are being traded on a much shorter time period.

An astute trader would also be looking at the fundamentals not just chart structure.

When I decide to take this cycle (if I do) I will post it to the thread in advance.

ps. I am always seeking out opportunistic cycles either short or longer term in an attempt to grow the account faster.

Masterrmind.......... :nerd:
Master your Mind then Master your Trades
  • #1,154
  • Aug 7, 2016 8:48pm Aug 7, 2016 8:48pm
Quoting Masterrmind
EURAUD [D1; 40] {image} Potential longer term setup of cycles on this pair. My plan will be to monitor PA levels and then apply multiple longer term entries (perhaps 10 longs or so) These trades will be applied manually and allowed to unfold over the course of several weeks with the intention that they be allowed to play out in the background whilst other cycles are being traded on a much shorter time period. An astute trader would also be looking at the fundamentals not just chart structure. When I decide to take this cycle (if I do) I will post...
EA [Daily]

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 35 KB


Building a case for entry .... forming an expectation ... as simple as that!

Don't forget about the driving fundamentals/sentiment if considered important in the grand scheme of the cycle.

Masterrmind........... :nerd:
Master your Mind then Master your Trades
  • #1,155
  • Aug 14, 2016 9:19pm Aug 14, 2016 9:19pm
Quoting Masterrmind
{quote} EA [Daily] {image} Building a case for entry .... forming an expectation ... as simple as that! Don't forget about the driving fundamentals/sentiment if considered important in the grand scheme of the cycle. Masterrmind........... :nerd:
EURAUD [D1; 40]

10 long entries will now be initiated.

Masterrmind............
Master your Mind then Master your Trades
  • #1,156
  • Aug 14, 2016 9:37pm Aug 14, 2016 9:37pm
Quoting Masterrmind
{quote} EURAUD [D1; 40] 10 long entries will now be initiated. Masterrmind............
EURAUD [D1; 40/manual]

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 61 KB


10 longs now in action as longer term trades.

Plan is to allow them plenty of room and time to play out.

Note that additional entries are very likely to be made as trades progress up the chart (if they do) including entries made after significant pullbacks in price to the downside.

Masterrmind...........
Master your Mind then Master your Trades
  • #1,158
  • Aug 15, 2016 3:41am Aug 15, 2016 3:41am
@maniac ........... IGNORED

You have now been placed on my ignore list for suspected commercial agenda rubbish!

You have also been reported to FF Admin so they can take appropriate action.

+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

You were still showing as viewing my thread and given the opportunity to delete your post.

But you stubbornly refused.

End result is as expected.

Do not post rubbish of this type again.

Thank you,

Masterrmind..............
Master your Mind then Master your Trades
  • #1,159
  • Aug 15, 2016 7:57am Aug 15, 2016 7:57am
Cycles are starting to enter an interesting state.....

Current Exposure as follows:

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 22 KB


Masterrmind.............
Master your Mind then Master your Trades
  • #1,160
  • Aug 15, 2016 10:16pm Aug 15, 2016 10:16pm
Quoting Masterrmind
@maniac ........... IGNORED You have now been placed on my ignore list for suspected commercial agenda rubbish! You have also been reported to FF Admin so they can take appropriate action. +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ You were still showing as viewing my thread and given the opportunity to delete your post. But you stubbornly refused. End result is as expected. Do not post rubbish of this type again. Thank you, Masterrmind..............
End Result as expected!

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 6 KB


Masterrmind............
Master your Mind then Master your Trades
0 traders viewing now