LUNGELO_ZUNGU

LUNGELO_ZUNGU

Here's a possible BUY and a SELL later. good risk to reward, it is fit for the taking to anyone who can. INPUT ALLOWED if any!!

LUNGELO_ZUNGU

HI TRADERS!!. Another QML SWING SHORT setup has been spotted on the 4hour chart as it unfolds. The structures has respected all the rules to qualify a possible QML SHORT, with it being trapped on the support and resistance consolidation as we speak, which is also a sign of a good buildup QML setup. All we can do right now is wait for the brake to see if the MPL...

LUNGELO_ZUNGU Updated 

HI TRADERS!!. Well let's see if this mini QML setup will hold at all. it has ticked all the boxes and respected all the rules of of the structure. We can now wait to see if the market does return to the MPL and hold for a SHORT with a good risk reward, by the way it has already made it FTR (Failure To Return) and we now waiting for it to try again. YOU CAN TAKE...

LUNGELO_ZUNGU

HI TRADERS!!!. Here's another QML setup unfolding on the 4 hour time-frame as well as 1h (you can also zoom in to lower time frames for a sharper entry. The setup is promising as it unfolds, we've already seen the QML,HH and it has made the FTB. Now we just waiting for the market to climb back to the MPL where the possible ENTRY is at. Now we just have to WAIT...

LUNGELO_ZUNGU

HI TRADERS!!. Well this is a typical Quasimodo structure for a LONG position. There's been a S&R FLIPPI after the first time break (FTB), followed by a huge Fake out (FO) where the price failed to reach the QML level. The ENTRY for this trade example is at the Maximum pain level (MPL) as you can see on the labelled chart posted. There's also another 2ND ENTRY on...

LUNGELO_ZUNGU

HEY TRADERS!. Here's is another perspective of the QML while we are anticipating a bigger move on the weekly. This might play out ealier before the market start approaching the Weekly QML. These are all possibilities not to be certain, but there is to much sense in it as the the price fighting resistance. We might see the bears taking over in the short term. Let's...

LUNGELO_ZUNGU

Perfect Quasimodo structure build up on the weekly as the price approaches the QML level in a most polite manner. still waiting for the break of consolidation structure as it approaches. I foresee a great risk to reward trade if it plays out well. Ofcourse we will be looking closely for a more sharper entry if the price happens to reach the QML. For now it's a...

LUNGELO_ZUNGU Updated 

BACKTESTING {EURUSD} Back-testing and exploring the Quasimodo nothing too fancy. it looks like in this case there's a QML within QML if you scroll down from the Daily to 4Hour(check the following post the 4H QML). pin point text book example. YOUR INPUT IS APPRECIATED IF ANY!!!

LUNGELO_ZUNGU

This is mini QML from the previous QML within a QML i was showing on the previous post. This may help timing a sharper entry to minnimise risks in your future QML entries for greater rewards. INPUT WOULD BE APPRECIATED IF ANY!!!!