Quad Candle System - Page 2
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Thread: Quad Candle System

  1. #11
    Quote Originally Posted by ;
    Hi All, I came back here after a loong break and found enormous improvement here and I have to say am very impressed. Good Work MM. Thumbs Up to you. I really enjoy the concept of a competition that is controlled, it is going to make all participants adhere to the method/system. I must also state that the method is waaay mature when it comes to trading system, plogy, and management etc and it easily combines two different methods of trading into a single while still correctly blending the rest of the trading angles into it - fundamentals, harmonics, PA, Levels with no iota of confusion...
    Hi RapzyFX,

    A few superb commentary from you and I appreciate it so big thanks to you.

    I was going to tone down the trading egy on D1 Quad-MML by 'dumbing' it down but what I've posted in Post 1 is important information that all traders should be aware of, understand and apply.

    At the end of the day though I will leave the content there so the shrewd traders may use it as a source.

    I'll be beginning Challenge 2 in January 2018 and intend to run it for the whole calendar year.

    I won't be setting any minimum start balance due in part to needing several participants to combine the travel and in fact it's a traders decision as to their start funding.

    An extremely small start funding however, could be somewhat limited in terms of applying reasonable and realistic stops but they're welcome to try.

    Live accounts that fulfill the challenge standards have the chance to input the Quad-MML Hall of Fame in Post 1.
    I truly hope there are many traders who combine the challenge.

    An entire challenge guideline (rules) easy to understand in dot point is going to be submitted sometime later this month.

    I am pleased that you will be particiapting and that I hope Eldero unites in also as D1 Quad is going to be the egy employed throughout.

    ...

  2. #12
    Quote Originally Posted by ;
    quote Hi , Some superb comment from you and I appreciate it enormous thanks to you. I went to tone down the trading approach on D1 Quad-MML by 'dumbing' down it but what I've posted in Article 1 is advice that all traders should be aware of, understand and use. In the end of the day although I'll leave the substance there so the shrewd traders may use it . I will be starting Challenge 2 in January 2018 and wish to run it for the calendar year. I will not be setting any minimum start equilibrium due in part...
    Thanks for the answer. It will do a lot of good to people who find it.
    Great thanks for the great job once more, will be anticipating the guidelines.
    Have a Fantastic day.

  3. #13

  4. #14

  5. #15
    Quote Originally Posted by ;
    Any Ideas ? image image
    Yes.

    Nail some longs after the dust settles, add to the installation on the positive side and seem to TP close to your 1.28 handle.

    ...

  6. #16
    OK I'll give it a stab with a 31pips risk ?

  7. #17
    Quote Originally Posted by ;
    OK I shall give it a stab with a 31pips risk ? image
    No Luck with that one, delivered a Small scout outside but got stopped out -33 pips, its currently still on my radar

  8. #18
    Quote Originally Posted by ;
    OK I shall give it a stab using a 31pips risk ? picture
    OK - but was the price in an oversold region at greater TF as well ? I typically examine the situation at the weekly TF trading the daily TF manually. Only in the event of exactly the same direction, both at the daily per week I enter the trade (for buys: the price touched the 0/8 (at the 1/8) MM lines at daily per week).

  9. #19
    Quote Originally Posted by ;
    quote OK - but was the price within an oversold area at higher TF too ? I typically examine the situation at the TF trading the daily TF manually. Just in case of exactly the same direction, both at the daily weekly I enter the trade (for buys: the price touched the 0/8 (at least 1/8) MM lines at daily weekly).
    That is a fair point, but I am working with a Murrey 128 on both a Monthly and a 60min, so on your stage I had been having ago at the Monthly 5/8ths together with the 60min showing a weeks worth of data being oversold

  10. #20
    Moved stop around 77.29 to lock in 73 pips

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