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Quad Candle System

  • #101
  • Jun 2, 2017 5:45am Jun 2, 2017 5:45am
Quoting OAPDave
This is the same as what I have on the official cd, well worth the time and trouble to look ? http://www.powershow.com/view/afebe-...t_presentation
If we only had all the tools ?
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  • #102
  • Jun 2, 2017 5:57am Jun 2, 2017 5:57am
Next week is looking great for potential setups as they start to unfold on the charts.

Hopefully a good setup will give us the opportunity to enter the market.

Some traders have already made entries and good trading to them.

I'll be specifically focussed on making "textbook" trades as much as possible especially at the start of this account.

I will post the additional material over this weekend (time willing) so keep a watch out for it.

See you all next week as I will not be rushed into any trades today.

ps. please read the material if you are interested as there is already quite a bit to go through but soon there will be much more.

pps. once I start making trades and explain the setups on the chart you should get a clear understanding of the process involved.

ppps. nothing is easy in trading, there are many factors against us so all we can do is stack the probability on our side by seeking high quality setups and managing our positions.

Masterrmind............
Master your Mind then Master your Trades
  • #103
  • Jun 2, 2017 6:49am Jun 2, 2017 6:49am
Quoting Masterrmind
Next week is looking great for potential setups as they start to unfold on the charts. Hopefully a good setup will give us the opportunity to enter the market. Some traders have already made entries and good trading to them. I'll be specifically focussed on making "textbook" trades as much as possible especially at the start of this account. I will post the additional material over this weekend (time willing) so keep a watch out for it. See you all next week as I will not be rushed into any trades today. ps. please read the material if you are interested...
Matermind
HELP!!!!! Trying to understand this Gann Grid and get it set correct, any thoughts ?
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  • #104
  • Jun 2, 2017 7:06am Jun 2, 2017 7:06am
Quoting Masterrmind
Next week is looking great for potential setups as they start to unfold on the charts.
I agree, especially if the NFP in 30 minutes makes the USD stronger. In this case we should have a lot of D1 setup on usd pairs.

Quoting Masterrmind
I will post the additional material over this weekend (time willing) so keep a watch out for it.
Great !!, waiting for it
  • #105
  • Jun 2, 2017 7:37am Jun 2, 2017 7:37am
Quoting OAPDave
{quote} Matermind HELP!!!!! Trying to understand this Gann Grid and get it set correct, any thoughts ? {image}
As much as I like the Gann grid, Gann fan and Gann methodology unfortunately MT4 is useless for correctly plotting the Gann Grid and getting the angles right.

You need a far better platform in my opinion otherwise all the angles will be wrong and the outcome will be some mutated Gann approach.

I probably won't apply Gann in this thread because of the above reasons.

However, if someone can produce a correctly angled Gann grid on MT4 I will reassess my decision.

Masterrmind........
Master your Mind then Master your Trades
  • #106
  • Jun 2, 2017 7:42am Jun 2, 2017 7:42am
Quoting damiend
{quote} I agree, especially if the NFP in 30 minutes makes the USD stronger. In this case we should have a lot of D1 setup on usd pairs. {quote} Great !!, waiting for it
Yes NFP and a wild ride temporarily in the markets.

Next week should produce plenty of opportunities so I will be looking to get into the market earlier in the week.

Masterrmind........
Master your Mind then Master your Trades
  • #107
  • Jun 2, 2017 9:23am Jun 2, 2017 9:23am
Quoting OAPDave
A pair I have recently traded, took a Sell off the Daily made a few pips, but did not want to hang about to long as I also look at the Monthly chart so in fact I am just waiting for a buy to line up ? {image} {image}
Trying to rejoin the party
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  • #108
  • Edited Jun 3, 2017 7:05am Jun 2, 2017 4:27pm | Edited Jun 3, 2017 7:05am
Hi OAPDave, We both must be having a senior moment...
Xard777
  • #109
  • Jun 2, 2017 4:50pm Jun 2, 2017 4:50pm
Quoting xard777
Hi OAPDave, We both must be having a senior moment... Xard777 {image}
Wow, just great to see a post from you, I have spent many years trying to understand MurreyMaths and your coding of his ideas as be the reason why, total in admiration of your skills, just wish we could get you onboard this thread, that would really make me a happy guy, please post any thoughts that you think would help, Mastermind is putting a lot of effort into this thread and is a real top guy, but adding your skills I think would make it a fearsome team.
I will just post a 60min update, think we have to break into the 5/8th - 3/8ths Trading Range to make things look better still on the downside, to be fair I should have re-entered much sooner but thought it wise to get NFP out of the way
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  • #110
  • Edited Jun 3, 2017 7:05am Jun 2, 2017 8:09pm | Edited Jun 3, 2017 7:05am
OOps! My Bad...wont happen again....
All the best
Xard777
  • #111
  • Edited 1:20am Jun 3, 2017 1:10am | Edited 1:20am
Quoting xard777
Hi OAPDave, We both must be having a senior moment... Xard777 {image}
Thank you
  • #112
  • Edited 2:35am Jun 3, 2017 1:18am | Edited 2:35am
v
  • #113
  • Jun 3, 2017 2:22am Jun 3, 2017 2:22am
Post #1 has been updated with additional learning and information sources.

Provided in the QUAD KNOWLEDGE HUB section.

Additional learning material will be added as time allows with regular updates.

Masterrmind............
Master your Mind then Master your Trades
  • #114
  • Jun 3, 2017 2:24am Jun 3, 2017 2:24am
Quoting Masterrmind
{quote} Please do not post the following to this thread: DO NOT post moving averages; DO NOT post RSI; DO NOT post Stochastic; DO NOT post MACD DO NOT POST CCI or any other similar type indicator. The QUAD CANDLE SYSTEM attempts to be as pure a system as possible meaning price action, candlestick patterns, fibonacci and MML levels are all that is basically needed along with the knowledge to make trading decisions. The use and abuse of indicators listed above in my view adds too much unnecessary confusion to a developing traders mental state and...
WOW, I see rage and a CloseMind. Good luck then. You will learn.
  • #115
  • Jun 3, 2017 2:33am Jun 3, 2017 2:33am
To All Concerned

Please do not post the following to this thread as per Post #1:

DO NOT post moving averages;

DO NOT post RSI;

DO NOT post Stochastic;

DO NOT post MACD

DO NOT POST CCI or

any other similar type indicator.

The use and abuse of indicators listed above in my view adds too much unnecessary confusion to a developing traders mental state and therefore I ban them from this thread.

The QUAD CANDLE SYSTEM attempts to be as pure a system as possible meaning its a manual trading approach after all it is based around trading the Daily Charts.

Price action, candlestick patterns, fibonacci and MML levels are all that is basically needed along with the knowledge to make trading decisions.


ps. If a coder wishes to make an EA and test it out they are more than welcome to do so including posting of their test results to this thread but be aware that there is quite the element of trader discretion used here and discretion is likely to be difficult to code.

Thank you all in advance,

Masterrmind............
Master your Mind then Master your Trades
  • #116
  • Jun 3, 2017 2:36am Jun 3, 2017 2:36am
Quoting Goldensniper
{quote} WOW, I see rage and a CloseMind. Good luck then. You will learn.
Please refer to Post #1 where it is my wish not to have these indicators posted.

A simple request to make considering that they do not form any part in my trading approach of the QUAD CANDLE SYSTEM.

Thank you in advance and I wish you well.

Masterrmind...........
Master your Mind then Master your Trades
  • #117
  • Jun 3, 2017 8:56am Jun 3, 2017 8:56am
Quoting xard777
OOps! My Bad...wont happen again.... All the best Xard777
Many thanks.

Masterrmind........
Master your Mind then Master your Trades
  • #118
  • Edited 5:51am Jun 4, 2017 5:31am | Edited 5:51am
Guru,

I have drawn the big picture for GBP and NZD.

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GBP

My view is that GBPUSD is going for a hit and GBPAUD will lead the pack -most probably on Monday morning. In spite of Aud being touted as weak at the moment.

GBPCHF and GBPCAD will lend a hand in pushing it down further.

NZD



NZDJPY is being pointed out by MML to go down.

Attached Image (click to enlarge)
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Looking for your expert comments.
Practice makes a person perfect
  • #119
  • Jun 4, 2017 6:22am Jun 4, 2017 6:22am
POST #1 has now be updated with the following:

QUAD GENERAL GUIDELINE FOR TRADE SETUPS

Note that as live setups unfold I will provide plenty of commentary so that the process is as simple and as clear as possible.

Masterrmind............
Master your Mind then Master your Trades
  • #120
  • Jun 4, 2017 8:33am Jun 4, 2017 8:33am
Quoting simnz
Guru, I have drawn the big picture for GBP and NZD. {image} GBP My view is that GBPUSD is going for a hit and GBPAUD will lead the pack -most probably on Monday morning. In spite of Aud being touted as weak at the moment. GBPCHF and GBPCAD will lend a hand in pushing it down further. NZD NZDJPY is being pointed out by MML to go down. {image} Looking for your expert comments.
This is a great start and exactly the type of thinking that needs to occur well before an entry is made in the market.

Look at the weakness and strength in all the related currencies consider the USD outlook, form an opinion on the risk on or risk off and how this might drive the pair you want to trade.

Forming an opinion and an expectation of where the pair is likely to go is a very important step and should not be neglected.

GBPAUD

What are your reasons for thinking it will lead the pack?

I like how you are drawing opinions about each related currency, then the related pairs and then how this might fit in with the MML and I assume an eventual QUAD Pattern entry.

Good work,

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