Trade 2 has now been actioned. image Take note of the trades SL locations. Masterrmind.............

Quad Candle System

Price entering a resistance level. image Lets see if price can find a way up through this R obstacle. If price moves on up and past, the next trade will be actioned. Masterrmind............

Quad Candle System

Now at BE with an extended 1to1 harmonic move but playing a very tight trail so more likely to be stopped out than hit the target. image If a trade is a winner next trade will be previous volume + increment. Masterrmind..............

Quad Candle System

While the trades play out on the 1K account lets play with the 10K account. PA trading. EU [Long] image Lock in at BE sooner rather than later, maybe add volume if price races away in the favored direction. Start volume @ 0.25 lots. Lot increment ...

Quad Candle System

When additional trades are added to the cycles I will make commentary about the ongoing risk. Initial thoughts are to simply wait until price has moved about 2 OctiveGaps from entry price then lock in at BE + 1 OG. Then add in volume but carefully ...

Quad Candle System

I certainly hope that they head in the favored direction. If not and they get stopped out, I already know where my Equity will be. Silver is at an interesting level but I'll still keep away from it with the 1K account for the time being, larger ...

Quad Candle System

Provided you buy the right symbol its certainly easy to make incredibly large gains over a modest time horizon. Five years is that long afterall. Similar thing occurred with Bitcoin but not without a great deal of risk depending on when you entered ...

Quad Candle System

Quad Candle System Master 1K 1st Cycle EURNZD [D1 :: Short Setup] image 2nd Cycle CADJPY [D1 :: Long Setup] image Pending orders for next series of trades will be placed once initial entries have been or are very close to being locked in at ...

Quad Candle System

Following on from Post 4117 .... Risk has already been outlined which applied the ECTM to the profit component of the Return by Trade Chart. I have initially decided on using a 38.2% Fibonacci pullback of the profit component which equates ...

Quad Candle System

Yes just a little tool. Great pip count by the way, well done ! Masterrmind.............

Quad Candle System

Quad Candle Dashboard image Masterrmind..............

Quad Candle System

Traders should note the following from the charts above : 1. 2 OG SL @ 0.01 lots is about 1% risk or $14 based on account equity; 2. 2 OG SL @ 0.02 lots is about 2% risk or $28 based on account equity; and 3. 2 OG SL @ 0.03 lots is about 3% risk or ...

Quad Candle System

Equity Curve Trace Management (ECTM) The ECTM is used to stay in touch with how account equity and account drawdown are progressing over time. In an 'perfect world' what we would want to see on the chart is explosive equity and no drawdown. In ...

Quad Candle System

Just an observation but I notice that when you add in additional trade volume you actually decrease the increment in target direction. Such as: Trade 1 @ 0.02 lots (market entry); then Trade 2 @ 0.01 lots (Sell Stop) in the favored direction. The ...

Quad Candle System

End of February Account Summary Quad Candle System 1K account image image Took some losses during the month of February. -3.1% loss Further details via the public TE. Lets get into March and see the dip in drawdown recovered. ...

Quad Candle System

USDJPY [D1 Chart] image Masterrmind...............

Quad Candle System

Certainly worth a short. Question is how deep will price go. Masterrmind ........

Quad Candle System

Equity curves on both accounts are starting to lean over a little as the market reacts to various world events. The 1k account will continue to follow the QCS methodology. However, it is possible that the 10k account might start trading a more ...

Quad Candle System

Yes almost a double top. Masterrmind........

Quad Candle System

Out for a small loss on that trade. Masterrmind.........

Quad Candle System