Most Advanced Quasimodo pattern trading strategy | Backtested

[@aidanharbach]

Implementing the Quasimodo pattern trading strategy can be challenging due to its complex structure and subjective nature. Traders may risk inaccurately identifying patterns amidst market noise. It requires practice, experience, and attention to detail. Combine with other indicators for confirmation and improve your skills gradually.

[@upperechelon__]

Well said. Any experienced trader knows that successful trading takes time. There is always some level of risk, which needs to be understood and managed.

[@chriskitzlinger]

The problem for me is that some strategies are extremely difficult to grasp and even more difficult to incorporate into my trading plan. To be honest, it's exhausting, blown my account twice now.

[@aidanharbach]

@@chriskitzlinger I recommend you try till you find what works for you and stick to it. However, not everyone is built for the tides of the market as it comes; if you don't have a passion for trading you're probably better off hiring an pro trader to manage your investments. It's a safer way to earn while learning.

[@tobymcavoy_]

Spot on! Couldn't have worded it any better myself.

[@chriskitzlinger]

@@aidanharbach Trading has always been about supplementing my earnings for me, so i wouldn't exactly say i have a passion for it. I've considered hiring one, just never found a proper recommendation. Do you have any on your roster?

[@fahmizahurin1949]

im subscribing u, most clearest explaination ever

[@taibmohd7820]

What time frame should we use?

[@Jo4oL1ns]

Thanks, man. I will see this video again and again, because this is very, very important pattern.

[@bek6509]

one of the badass coversheets ever made )

[@KayyMontanaa]

Great video my brutha ! Learned something new today definitely waiting for you to drop and explain exhaustion candles !

[@bakangryankasweka6346]

when identifying the FTR what do you exactly identify the support or resistance level that was broken and never mitigated back to?

[@Ekobudi12]

thanks for sharing for now I'm still learning in the nfc community

[@sureshchandra6712]

great explanation Bro. good of you to guide m help people too. keep up the good work. God bless you🥰

[@jagxx1978]

Great video! Do you place a sell limit as soon as the leg breaks the previous low?

[@Payeh_]

What timeframe do you preferred?

[@AmruShemsu-v8g]

Hi bro. how to analyses top down analysis

[@brizlyrsa2070]

Can you please add another video of Quasimodo also include a MPL

[@forexbee]

Yes we will keep on making videos from basics to advanced sections.

[@peterjackson5158]

Great explanation and example. 🙏🌹

[@elka1898]

Clear information 🔥

[@williammaina9543]

Hello Well explained. I didnt know of QM, Now i kmow. THANK YOU

[@rocketmangenesis]

It is just a head and shoulders pattern variation.

[@spencerwinston4334]

First class, eagle eye presentation, but perhaps add the chart name "El Guapo", the handsome one in Spanish, or beautiful one in profits lol to this striking pattern to replace the name QM which references a deformity. Deformed perhaps in structure, but there is a Salvadore Dali esque beauty to the deformity that creates the " El Guapo" angle. Volume profile with VPOC and LVN/HVNs along with order flow are other useful contextual tools to aid in the decision making. Ty, for sharing your vast trading expertise with traders across the world on YT. The truth shall set us all free on the market level as well as on higher spiritual planes. Pacifico beer cheers from across the Pacific Ocean. New US subscriber.

[@publicviews9687]

What is the FTR?

[@pakitinfo2480]

Very well explained bro. keep up the good work.

[@tijanaishere6900]

hi can you please tel me is there any book to learn more about quasimodo pattern thanks

[@hi2rashid]

What is FTR level? Please expand ftr for me

[@Volcanoss911]

How you identify that ftr is the right base for price to reverse? There so many ftr or flag limit..sometime the price break the ftr

[@elainestebbins8363]

Excellent

[@TutorNapol]

Thanks for teaching.It is clearing one.

[@panuvalmanam]

Good bro keep it ....

[@forexbee]

Thanks

[@TheProfiters]

First time on your channel and subscribed already. Great video. What is ftr?

[@forexbee]

FTR means fail to return

[@sandipjha3646]

good concept

[@kullylloyd555]

Thanks

[@MRCEOALEX]

Great explanation

[@mursalimsalim2769]

How to avoid floating....

[@famous7528]

Sir, how to identify the ftr and imbalance? Thank you.

[@Tystile]

Hi @FAMOUS , Imbalance is simply when there’s an aggressive bullish/bearish move which produce/ leave behind a gap on the long candlestick .

[@Jo4oL1ns]

@@Tystile Or candles like marubozu, in imbalance case.

[@bruceli112]

But some time qml fail,,,how to fix it,,,👍

[@Lotus_Trade]

my advice is to use stop loss.

[@Holygrail_Fx]

Hello teacher

[@preciousugbokan1392]

Nice Video

turn off music next time

[@pherkads]

This is not a Quasimodo as a matter of fact this is a Head and Shoulders formation. A QM has an asymmetric left shoulder when compared to the right depending on the trend before it. So you are not correct.

[@alkaidmajor3051]

Yes agree

[@forexbee]

This is not a head and shoulder pattern. it is the drawing of an ideal quasimodo pattern. it is obvious that price will not always come straight equal to the left shoulder level. in reality there will always be small difference. that's why you should expect a supply or demand zone at left shoulder level to pick the pin point entry. in quasimodo pattern, price should always make a lower low or higher high. but this is not requirement for head and shoulder. Also neckline cannot be drawn correctly if a head and shoulder pattern would be like this.

[@rocketmangenesis]

​@@forexbee No. It is a head and shoulder pattern variation taught by Thomas Bulkowski before there was the internet in his encyclopedia of chart patterns!

[@Bit_COACH]

I don’t like your accent irritating and you are forcing yourself to show your vocabulary 😅