Forex Zone - Forex Forum
  1. Forex Zone - Forex Forum
  2. General Category
  3. General Forex Discussion
  4. quasimodo level

quasimodo level

Discussion started on General Forex Discussion

Print
Pages: [1] 2 3 ... 5   Go Down

Rendy94

  • Full Member
  • Posts: 151
  • Points: 0
  • Likes Received: 57
  • Reputation: +0/-0
what is the quasimodo level?

Quasimodo level is a new breakthrough in the world of trading and has 70% accuracy. I always use this pattern to identify reversals and minimize the risk of stop losses

Linkback: https://www.forex.zone/general-forex-discussion/1/quasimodo-level/788/
#1 - February 05, 2019, 02:44:21 AM

Admin

Administrator
  • Hero Member
  • Posts: 4886
  • Points: 33341
  • Likes Received: 4973
  • Reputation: +220/-14
Please provide some useful content such as a screenshot of the quasimodo level or an indicator for this.
#2 - February 05, 2019, 02:50:18 AM
quasimodo level in General Forex Discussion_FEN-Indicator-728x90

zanurreload

  • Hero Member
  • Posts: 9575
  • Points: 59
  • Likes Received: 728
  • Reputation: +10/-20
The Quasimodo pattern, also known as Over And Under Pattern, is a type of price pattern where a series of high / low levels appear accompanied by a higher or lower low.

Here I am example in GBPJPY pair M15 TF


quasimodo level in General Forex Discussion_Screenshot-53
#3 - February 05, 2019, 05:17:35 AM

Rendy94

  • Full Member
  • Posts: 151
  • Points: 0
  • Likes Received: 57
  • Reputation: +0/-0
Quote from: zanurreload on February 05, 2019, 05:17:35 AM
The Quasimodo pattern, also known as Over And Under Pattern, is a type of price pattern where a series of high / low levels appear accompanied by a higher or lower low.

Here I am example in GBPJPY pair M15 TF


quasimodo level in General Forex Discussion_Screenshot-53
Yes, it is true. I love the quasimodo pattern because the ratio is high. how do you enter the picture sir? I do not know the menu for entering images?
#4 - February 05, 2019, 01:31:33 PM

Rendy94

  • Full Member
  • Posts: 151
  • Points: 0
  • Likes Received: 57
  • Reputation: +0/-0
Quote from: Admin on February 05, 2019, 02:50:18 AM
Please provide some useful content such as a screenshot of the quasimodo level or an indicator for this.
Oke sir, I will obey that rule. I want to share all my techniques. hope you are happy. and I don't know how to enter pictures. where is the menu?
#5 - February 05, 2019, 01:33:19 PM

Admin

Administrator
  • Hero Member
  • Posts: 4886
  • Points: 33341
  • Likes Received: 4973
  • Reputation: +220/-14
Quote from: Rendy94 on February 05, 2019, 01:33:19 PM
Oke sir, I will obey that rule. I want to share all my techniques. hope you are happy. and I don't know how to enter pictures. where is the menu?
There is an 'Insert Image' button which you can use to input the URL of an image you want to use.

The easiest way is to simply attach the image to your post.
#6 - February 05, 2019, 01:36:04 PM

zanurreload

  • Hero Member
  • Posts: 9575
  • Points: 59
  • Likes Received: 728
  • Reputation: +10/-20
Quote from: Rendy94 on February 05, 2019, 01:31:33 PM
Yes, it is true. I love the quasimodo pattern because the ratio is high. how do you enter the picture sir? I do not know the menu for entering images?
if you want to insert images into your posts, the way is very easy. Click the insert image.
quasimodo level in General Forex Discussion_Screenshot-60

After that enter the address of your image, then click insert.
quasimodo level in General Forex Discussion_Screenshot-61
#7 - February 05, 2019, 01:55:12 PM

Admin

Administrator
  • Hero Member
  • Posts: 4886
  • Points: 33341
  • Likes Received: 4973
  • Reputation: +220/-14
Quote from: zanurreload on February 05, 2019, 01:55:12 PM
if you want to insert images into your posts, the way is very easy. Click the insert image.
Yes, and thanks for showing him the images. That is for inserting images. Images can simply be attached to a post though too.
#8 - February 05, 2019, 01:59:08 PM

nawwa thalorenz

  • Full Member
  • Posts: 177
  • Points: 0
  • Likes Received: 19
  • Reputation: +2/-0
Quote from: Rendy94 on February 05, 2019, 02:44:21 AM
what is the quasimodo level?

Quasimodo level is a new breakthrough in the world of trading and has 70% accuracy. I always use this pattern to identify reversals and minimize the risk of stop losses

In other words, Quasimodo in my opinion is to find the best entry point that uses old technical from the HNS (head and shouders) pattern form by using technical Support and resistant that we can also detect for your intended area, I myself often use to find entries from patterns Head And Shoulders because of the very high accuracy for a quality entry.
#9 - February 06, 2019, 08:48:19 AM

ariezz

  • Hero Member
  • Posts: 1048
  • Points: 5674
  • Likes Received: 111
  • Reputation: +4/-0
Quote from: Rendy94 on February 05, 2019, 02:44:21 AM
what is the quasimodo level?

Quasimodo level is a new breakthrough in the world of trading and has 70% accuracy. I always use this pattern to identify reversals and minimize the risk of stop losses
The Quasimodo pattern is a type of price pattern where a series of high / low levels appear accompanied by a higher or lower low. This is one of the newcomers in technical analysis, so it is still not widely known.

Here is chart images where the appearance of the Quasimodo pattern triggers sell:

quasimodo level in General Forex Discussion_proxy

Sell Signal on Quasimodo Pattern:
1. The previous trend is an uptrend.
2. Prices form new highs, decline, then form temporary lows.
3. Prices then rally again to surpass the previous high (higher high) level.
4. Prices then fall to form a new lower low.
5. Prices rise again to the initial high level, but don't form a new higher high.

For BUY signals the opposite conditions apply.
#10 - February 06, 2019, 09:29:12 AM

aizafx

  • Hero Member
  • Posts: 2224
  • Points: 7991
  • Likes Received: 140
  • Reputation: +6/-1
Quote from: ariezz on February 06, 2019, 09:29:12 AM
The Quasimodo pattern is a type of price pattern where a series of high / low levels appear accompanied by a higher or lower low. This is one of the newcomers in technical analysis, so it is still not widely known.

Here is chart images where the appearance of the Quasimodo pattern triggers sell:

quasimodo level in General Forex Discussion_proxy

Sell Signal on Quasimodo Pattern:
1. The previous trend is an uptrend.
2. Prices form new highs, decline, then form temporary lows.
3. Prices then rally again to surpass the previous high (higher high) level.
4. Prices then fall to form a new lower low.
5. Prices rise again to the initial high level, but don't form a new higher high.

For BUY signals the opposite conditions apply.
Look like the as good trading setup, yes this pattern maybe rarely happen, but if already understand with the concept of price pattern, hence trader can getting a good opportunity if this pattern appears on the chart, but maybe also need to use another indicator as a help tool 
#11 - February 06, 2019, 10:23:28 AM

Rendy94

  • Full Member
  • Posts: 151
  • Points: 0
  • Likes Received: 57
  • Reputation: +0/-0
Quote from: nawwa thalorenz on February 06, 2019, 08:48:19 AM
In other words, Quasimodo in my opinion is to find the best entry point that uses old technical from the HNS (head and shouders) pattern form by using technical Support and resistant that we can also detect for your intended area, I myself often use to find entries from patterns Head And Shoulders because of the very high accuracy for a quality entry.
Yes, true. I agree with you. the shape is indeed similar to hns or inverse hns, but it is more complex, and sometimes it can fail. because at the last point the break is impenetrable
#12 - February 06, 2019, 01:22:06 PM

Rendy94

  • Full Member
  • Posts: 151
  • Points: 0
  • Likes Received: 57
  • Reputation: +0/-0
Quote from: ariezz on February 06, 2019, 09:29:12 AM
The Quasimodo pattern is a type of price pattern where a series of high / low levels appear accompanied by a higher or lower low. This is one of the newcomers in technical analysis, so it is still not widely known.

Here is chart images where the appearance of the Quasimodo pattern triggers sell:

quasimodo level in General Forex Discussion_proxy

Sell Signal on Quasimodo Pattern:
1. The previous trend is an uptrend.
2. Prices form new highs, decline, then form temporary lows.
3. Prices then rally again to surpass the previous high (higher high) level.
4. Prices then fall to form a new lower low.
5. Prices rise again to the initial high level, but don't form a new higher high.

For BUY signals the opposite conditions apply.
but in practice it's not that easy, sir, our tap also has to pay attention to the key level support and strong resistance on the left. and also must pay attention to the compression approach
#13 - February 06, 2019, 01:24:49 PM

Rendy94

  • Full Member
  • Posts: 151
  • Points: 0
  • Likes Received: 57
  • Reputation: +0/-0
Quote from: aizafx on February 06, 2019, 10:23:28 AM
Look like the as good trading setup, yes this pattern maybe rarely happen, but if already understand with the concept of price pattern, hence trader can getting a good opportunity if this pattern appears on the chart, but maybe also need to use another indicator as a help tool
yes right, usually i use rsi like the picture above to see the saturation trend first, then i will look for that pattern, it looks easy but don't be fooled,
#14 - February 06, 2019, 01:27:24 PM

Eza Jordan

  • Newbie
  • Posts: 49
  • Points: 0
  • Likes Received: 5
  • Reputation: +0/-0
Quote from: zanurreload on February 05, 2019, 05:17:35 AM
The Quasimodo pattern, also known as Over And Under Pattern, is a type of price pattern where a series of high / low levels appear accompanied by a higher or lower low.

Here I am example in GBPJPY pair M15 TF


quasimodo level in General Forex Discussion_Screenshot-53
Good night guys, it is very useful for me when I see the form of a market like this QM level, this is new knowledge for me, hopefully when on live market I can detect the form of market QM level, and a little merging with Compression as you draw, at a glance it looks like the HNS setup, I see this is the same if the shape is line with line.


#15 - February 06, 2019, 05:14:48 PM
Print
Pages: [1] 2 3 ... 5   Go Up
  1. Forex Zone - Forex Forum
  2. General Category
  3. General Forex Discussion
  4. quasimodo level

Members:

0 Members and 1 Guest are viewing this topic.