AUD/USD also on lookout but I think it's still a lot of upmovement left maybe around 0.6513 where it would confluence between AB=CD and the congestion area on the left. I think it will go beyond MML +2/8 The price action in that area would be ...

Quad Candle System

Thank you very much, it will be a personal development journey as well, I really look forward to it.

Quad Candle System

17.03.2025 Ok, I am looking at the following AUD/NZD is located between 0/8 and -1/8 and hoping it would go lower and see some price reaction around -1/8 since it would also be a double bottom. Also on a weekly chart I see that it's looking like a ...

Quad Candle System

1. Appreciation to the thread creator Masterrmind if you're still reading this please know that you have my greatest appreciation your thread was the jumpstart to my trading skills. Your teachings were clear and effective and I consider you my forex ...

Quad Candle System

Conslidation and an engulfing formed showing that a bottom might be found and it could go up now. I'm in this trade still and until it goes to a TP or SL I won't be able to enter another one due to my account budget. Starting January I'll have to ...

Quad Candle System

Preparing a final entry on the AUDNZD at ~ 1.03553 if it gets there, if not I expect a price reversal pattern to form and around 13th dec to start an upmove. If no reaction is seen a stop loss will be taken and it'll result in around - 1%. Once more ...

Quad Candle System

You're right, I must implement this in my trading plan.

Quad Candle System

True, this is why I keep a cut off stop loss of 5% of my account equity no matter what. Plus on the D1 trades I plan to use no leverage so 5% will go a long way.

Quad Candle System

Thank you for your input, very useful information that will help me plan the future of my trading plans. I'm not placing the stops on chart but I have them in mind, usually under the swing or under/above the fib extension or a support resistance and ...

Quad Candle System

The GBPAUD has completed a AB=CD pattern in the current price area but I am already in the AUDNZD long trade that I made somewhat foolishly since there was no price pattern in the entry zone besides an inside bar. I will wait to see how the AUDNZD ...

Quad Candle System

Looking forward for your next trade as there'll be clearly something to learn from it. Have a great weekend!

Quad Candle System

I'm monitoring for a short around the 1.95 area if a price reversal pattern occurs as it would also be in the fib extension zone plus confluence from the rezistance around 1.97 area. But as you mentioned it's still on monitor mode. If you'll engage ...

Quad Candle System

GBPAUD is in the right place Looking forward to see how you're planning the trades on initial entry and additional positions.

Quad Candle System

Thank you for your constant encouragement and also for the teaching process that I have been submitted through this thread. I can't stress this enough for all other thread visitors, that all you need is to read all that is in here from 0 to the end. ...

Quad Candle System

I've shorted the USDMXN but closed it earlier than my initial TP. Did this again without an actual reason... However it helped to know that I was earning interest and not paying it, so you're right Masterrmind about looking for positive swap but not ...

Quad Candle System

Thank you for your input. My worry is not about the actual % gain but about my way of cutting trades short when they go into profit. I have established stop losses that I respect, but this doesn't apply for the TP. When prices move in my favour I ...

Quad Candle System

You're right, the correct way to fix my indiscipline is not to switch the time frame but to force myself to stick to the D1 rules. I think I will operate a D1 account under the thread rules and another one for lower time frames with which I'll join ...

Quad Candle System

Out of the GER30 trades but not as good as I wish. I also notice that I have execution problems. I had no problems waiting when I was in drawdown since I knew that price was in the expectations, but out of the blue when price moved in my favour I ...

Quad Candle System

GER30 updates: I'm in the initial position for some time now and added another position but not at the most favourable price since I thought yesterday it will break the support. However, price seems to confirm further bearish moves, especially if it ...

Quad Candle System

You could enter only half a position initially in silver and another one when price action suggests further upmove?

Quad Candle System