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Aaaa RTM QUASIMODO PDF
Aaaa RTM QUASIMODO PDF
Com
TOPIC: Quasimodo
We are looking for QMs in supply and demand zones with higher timeframes. This
anatomy is an ideal sample of a QM. They are not always exactly similar to this one;
but all of them have the ability to explain with the idea of supply and demand zones.
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This is an excellent setup for a Novices see the price Enters the correct supply range. The
Quasimodo. turn and start to sell. sellers’ stops create purchase orders
for the Big Boys.
Novices buy
the price
break and fill
The Big Boys the orders of
want to fill the Big Boys.
large selloffs.
They need a
lot of
purchase
orders; so
they start
buying.
Demand gets
engulfed and This will
the trend disorient
reverses; but a
large number novices.
of buyers’ stops
and loss limit of
sellers lie
below demand.
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Regarding QMs, Mr. Whiteout says:
As you can see, there are numerous numbers of them, even in low timeframes.
Nothing is lovelier than a QM in a low timeframe when the price lies in a high
timeframe supply or demand zone.
QM is a recursive structure; so it wants you to see the price return. The faster this
structure builds and perfects itself, the better. Otherwise, you can make more
purchases for reasons such as CP, or you can hold your position. That is your choice.
However, QM is a recursive signal and the price seems to form a CAP in that zone.
Always check the figure with the higher timeframe.
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So can you make this trade? No. Well, not really no; but you can’t make the trade
because of the QM. Always look at the engulf levels of HHs and LLs. There are
always points that the price –but not the QM– could react to. However, there might
be a better deal, in which the price seems to have reacted to the POLE base in a one-
hour timeframe. This can be a beautiful trade.
And we read IF’s opinion:
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A few examples from Mr. Harry:
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A few examples from Mr. LES_PUAL:
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Continuing with Harry:
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Mr. IF says:
I would personally like to see the price limited by a CAP. When an argument forms
among buyers over the break of S and sellers want to respect that S, a clear and
obvious decision is made to respect S. After that, wait for engulf and also for the
return of DP to the CAP. In this following case, the QM was completed after 6 days,
when the argument was over.
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Mr. Benhur asks Mr. IF to provide some links –if possible– so that we can ease into
the discussion of QMs. In response, Mr. IF says:
I think –in the future– I will edit the explanations I gave earlier so that they can be
more easily understood. But for now, you will quickly learn the dynamics of QMs if
you are familiar with the concept of “seller and buyer traps”.
Following that, one of the ordinary members presents a discussion as follows; which
is then confirmed by several of the MASTERS including BENHUR, EMENE, and
HARRY:
QM –if used in the right place– is a recursive pattern. To find the best place to
evaluate its potential, look at your chart. You will learn more by looking at your
chart than any given book or forum. Learn the fundamental concepts here; then go
and spend hours on your chart to understand the concept of QMs. And when you
figure out when and how to make trades with them, this concept will become a part
of your subconscious. Regarding the question as to why they work, let’s look at a
selloff QM setup.
When it forms, the second H is where professional traders sell. And that’s exactly
where novices place their stops; and trend-line and breakout traders place their
purchase orders.
The formation of the second L by the price is what tells us that the price return is
going to occur. Shrewd traders understand this and start looking to sell. If this new
L occurs in a place where it breaks a certain level or a trend-line, it’s even better.
That will probably be the most significant place where smart traders look to sell.
Of course, this new L also strikes some of the stops and encourages novices.
Breakout traders are weak players that do not wait for the price to go up. This
expedites the distribution operations so that professional traders will upload their
orders in retrace in order to form the SR zone. You need to be able to determine
where this SR zone should be formed.
The process is completed. Major traders have fully uploaded their selloff orders.
Weak hands and novices use their orders to create liquidity for major traders and
now the price return can happen.
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Regarding this last figure, IF tells BENHUR: “if I were you, I would put this figure
in the RBD HW section.”
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A few examples from Mr. BENHUR:
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Regarding the precision of the QM –i.e. its right shoulder, Mr. IF says:
Looking for a precise QM can be really problematic. In a QM, we look at the upper
break of the initial H in the S zone; that’s where buyers get trapped. However, there
is a DP for the facedown break after HH; but we are not looking for a QM that is
exactly in the same level as the previous H.
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Regarding the figure above, Kruger (one of the QM professors) says:
This figure does not illustrate a QM. If you look at it closely, you will see that it is a
DIAMOND.
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HARRY says:
I think we assumed to examine QM around supply and demand zones; not look for
its shape and pattern.
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From KRUGER’s point of view, QMs can be created in different PA cases; for
example when the trend continues its path. However, we trade them as recursive
signals. For starters, take the high timeframe supply and demand zones into
consideration; then, refer to lower timeframes, and try to find QMs there.
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Mr. HARRY:
If this helps you, I am not personally looking for a QM in a FLIP zone in the same
timeframe. Look for QMs in high timeframe S/D zones. For example, if you are
looking for QMs in the S/D D1 zone, go and search QMs in 4, 1, and 15 timeframes.
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Mr. KRUGER:
If you ask me, I believe that a QM-based trade with good capital management can
really transform an account.
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From Mr. IF’s point of view, a QM does not need to be as precise as the pip. If the
price turns first before supply or demand, it can usually break it in order to be
absorbed into the right zone.
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Mr. IF’s response:
We have a QM that is formed perfectly, but not exactly where you specified. FTR is
a “failure to return”. That’s where a LVL breaks and the price tries to go back inside
but does not succeed. This determines the edge of the PAZ.
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BENHUR:
The important thing about the formation of QMs is the recursive engulf (in this case
LL for the return to selloff) before retraces.
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An interesting point addressed by the QM professor, Mr. KRUGER, is that in a high
timeframe QM, we should pay attention to see if the QM LVL is fresh or not. We
can also refer to lower timeframes in order to do this. If it is fresh, there is a much
higher possibility that the QM is correct.
For example, in the figure above, the QM formed in the low 5-minute timeframe has
caused this range to only be suitable for one scalp.
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A QM in a 5-minute timeframe is the reason why higher timeframe QMs are not
fresh. The blue box shows filled orders; but there are still orders left for a good scalp.
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Based on BENHUR, you need to look at zone edges for the formation of QMs; just
like any other structure.
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Based on Mr. Benhur’s statement, always use QMs in certain specified levels. The
market might show you several QMs –like the figure below; but always use the one
that has reacted to a certain LVL.
This means you should always consider QMs that have reacted to a DBR or RDB.
The two following figures demonstrate this argument.
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Mr. KRUGER believes:
The Big Boys need to synchronize their actions. Engulfing is one of the ways to
achieve that.
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ARON enters: ;-)
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The End
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