- Search Metals Mine
- rmchokku replied Nov 9, 2020
Took a shortsell trade in Indian stock. Price reached the QM Zone in H1. url Entry couldn't be taken at the QM line (@1268) since price gapped up during open but entered close to that range(@1260). It moved little lower but reversed and hit the ...
Up and under price pattern
- rmchokku replied Oct 27, 2020
Thanks Fex, what are the aspects do you look in HTF, supply/demand zones or support and resistance?
Up and under price pattern
- rmchokku replied Oct 27, 2020
Thanks Inthebox. I find it difficult to pickup trend based QM setups. Any help would be handy in this front. The ones that i select mostly are counter trend. Do trend based QMs occur more often?
Up and under price pattern
- rmchokku replied Oct 27, 2020
Share your thoughts on below bearish QM setup in Gold M30 chart: Price is approaching H4 sell zone url A bearish QM is noted in M30 url
Up and under price pattern
- rmchokku replied Oct 20, 2020
Let me know your thoughts on the EURAUD sell trade taken using bearish QM. Its a counter trend trade. Price is in Daily supply zone. url H2: Set & Forget entry taken using the QM zone that was present within the Daily zone. url Trade outcome: SL ...
Up and under price pattern
- rmchokku replied Oct 19, 2020
Looks good to me. I was eyeing at the same setup @ 1.796, missed entry by few pips.
Up and under price pattern
- rmchokku replied Oct 19, 2020
Seek your feedback on other queries and info on any telegram/whatsapp groups trading QM exclusively.
Up and under price pattern
- rmchokku replied Oct 19, 2020
I understand that this pattern is present for many years (in different forms) but still have introspective queries on why this pattern should work; i) if this pattern is so simple wouldn't everyone being following this, automate the whole stuff. ii) ...
Up and under price pattern
- rmchokku replied Oct 19, 2020
I'm not highly experienced trading QMs but my thoughts on your charts; EUR/USD: url 1) The zone is yet to be reached, looks crowded and tested to me but unsure 2) Good setup. Entry could be fine tuned in lower timeframe since the QM zone looks big ...
Up and under price pattern
- rmchokku replied Oct 18, 2020
I don't use Head & Shoulders since I believe there is a subtle difference between QM & H/S. QM expects explosive move from the zone (head area). Moreover, if range of QM zone is small, its better from R/R standpoint. In this chart, the space between ...
Up and under price pattern
- rmchokku replied Oct 18, 2020
Some confusion, those were just entry points (1,2,3). My QM is to the left where the green rectangle area starts. You could see price made lower low and higher high, also broke previous market swing high (QM pattern). Entry is now being made when ...
Up and under price pattern
- rmchokku replied Oct 18, 2020
Thanks. I would have placed the entry @ the first return. The zone got violated/potentially stopped out if there was a tight SL. I agree, the second one gave a good move. However, if a QM zone (area between previous swing high/low to current ...
Up and under price pattern
- rmchokku replied Oct 18, 2020
Is the following trade just a stopped out trade or something wrong in analysis? D: This is Daily chart of Australia 200 with S/R level marked. url (zoomed out for easy view) M30: A bullish QM is noted. Price stopped out the QM zone by nearly 10 ...
Up and under price pattern
- rmchokku replied Oct 18, 2020
Thanks ucnobi. I take your point that key level at higher timeframe is taken as a reference point. Do you consider higher timeframe trend when trading QMs?
Up and under price pattern
- rmchokku replied Oct 17, 2020
Need some help. I understand the concept of QM and few trades punched in the past. However, i would like to get your feedback on the following: a) What filters can be applied to select quality trades instead of entering at every QM? b) QM in a ...
Up and under price pattern
- rmchokku replied Jun 30, 2019
Relatively newbie to this thread and this trading strategy. How do we determine the quality of support/demand zone? As I read in articles, the strength of the zone could be assessed based on the # of candles, strong move from the zone. Despite of ...
B.S. Trading with Kenneth Lee
- rmchokku replied Jun 21, 2019
When reversal and continuation appear together, its advised to take continuation signal than reversal. The first regular divergence, i.e. reversal signal has formed two equal highs in the indicator. I interpret that as momentum is still strong, ...
Hidden divergence
- rmchokku replied Jun 20, 2019
Its not a hidden divergence trade but the trend trading strategy mentioned by Gerald Greene using MACD. As its a common question for both HD and trend trading strategies, thought it will be good to know fellow traders' experience. In the EUR/AUD ...
Hidden divergence