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What is (3 Quadrants)3q method?


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BUY LOW|SELL HIGH – A simple strategy indeed. But it is often confused with LOWEST and HIGHEST. There are simply no LOWEST or HIGHEST as they are breached every time. With the right combination of Zigzag, Fibonacci retracements, Moving averages and Cycle lines, it is possible to identify the HIGH and LOW of the main trends and its sub trends. 3q method attempts to do the same.

 

INTRODUCTION

A trading strategy inspired by the principle of a Japanese Candlestick. A typical candlestick consists of a body and wick on either side of the body forming 3 distinct quadrants. (Fig1.) Here white candle is a BULL candle, where the closing price is above the opening price and the black candle is a BEAR candle, where the closing price is below the opening price.

http://i1115.photobucket.com/albums/k543/ponforex/3q/fig1.gif

FIG 1

The sameH4 candle when looked in a H1 chart looks like this. (Fig2.) We see that the white H4 candle consists of 2 black H1 candles and 2 white H1 candles. When we see the same candle from the M5

http://i1115.photobucket.com/albums/k543/ponforex/3q/fig2.gif

FIG 2

Chart, which is shown in fig3, we realize that, a single white H4 candle is made up of a combination of up and down M5 candles and are highly volatile. So, lower time frames are volatile but can give early entry.

http://i1115.photobucket.com/albums/k543/ponforex/3q/fig3.gif

FIG 3

BUY LOW|SELL HIGH

The principal trading strategy of 3q method is to BUY LOW and SELL HIGH. In other words, we should ideally buy when the prices are below the opening prices of a WHITE candle and sell when the prices are above the opening prices of a BLACK candle. How we do know if the current candle will be BLACK or WHITE?

We need to know 3 critical points to execute a profitable trade.

1. The HIGH for a SELL and the LOW for a BUY.

2. The start and end of a Price trend.

3. If possible, the right time of entry and exit.

1. ZIGZAG and FIBO:

Each candle is a cocktail of trends in itself in its lower time frames. The main trend also has many sub trends. But each candle has a HIGH and a LOW. To make it visually clear, Zigzag indicator is very useful (Fig 4.)

http://i1115.photobucket.com/albums/k543/ponforex/3q/fig4.gif

FIG 4

The right zigzag number would filter the small sub trends and capture only the relevant main trends depending on the time frame. In fig 4, you can see the HIGH and LOW of the H4 candle represented by a LOW and HIGH zigzag. Candles or trends of different time frames would require different zigzag numbers. But the zigzag can keep getting updated even after forming a LOW zigzag or a HIGH zigzag. Hence we need to use zigzag in combination with Fibonacci retracements to identify the potential support and resistance levels (Fig5.)

http://i1115.photobucket.com/albums/k543/ponforex/3q/fig5.gif

FIG 5

Each and every candle and hence, every trend has a mathematical proportion to its previous trend. Here you see that the prices are obeying those mathematical proportions based on the modified Fibonacci retracements. You can see how the prices obeyed the 3 quadrants of the Fibonacci retracements. But we still need to know the start of a trend.

2. MOVING AVERAGES:

Moving averages can be used to identify the start and end of a trend direction. (Fig6)

http://i1115.photobucket.com/albums/k543/ponforex/3q/fig6.gif

FIG 6

When the red moving average is above the black moving average it is a BUY and when the red moving average is below the black moving average, it is a SELL. It has to be observed on multiple timeframes to filter out sub trends.

For example, we have added the M15 equivalent of the moving averages in M5 chart (Fig7)

http://i1115.photobucket.com/albums/k543/ponforex/3q/fig7.gif

FIG 7

As we already know, we get an early entry when we look at the M5 moving averages. But when we look at the M15 equivalents, we realize that it is still a BUY trend.

Prices keep touching the moving averages once every few minutes or hours or days or months or years, depending on the timeframe. You can see from fig 7, how the prices keep touching, not only the M5 moving averages, but also the M15 equivalents. So looking at higher time frames, you can differentiate a retracement from a reversal. When the prices are away from the moving averages, the prices either move side wards to wait for the moving average or retrace back to meet the moving averages. (Fig8)

http://i1115.photobucket.com/albums/k543/ponforex/3q/fig8.gif

FIG 8

3. CYCLE LINES:

Let us use this tool to divide the H4 candle into 3 equal parts: (Fig9)

http://i1115.photobucket.com/albums/k543/ponforex/3q/fig9.gif

FIG 9

We see that the prices were moving side wards in the 1st quadrant of the vertical cycle line and in the 1st quadrant of the horizontal fibo retracement.

In the 2nd quadrant of the cycle line we get a clear signal for BUY when the red moving average locks above the black moving average. It is ideal for a BUY as the prices reversed in 1st quadrant of the Fibonacci retracement with the combination of a LOW zigzag, confirming BUY LOW.

The prices retrace to touch the moving averages and close above the HIGH of 2nd quadrant. The BUY order can be closed at end of this H4 candle or kept open if higher time frames indicate a continuation of the trend.

The reverse of this would be applicable for a SELL, a price movement from 3rd quadrant to 2nd and 1st quadrants, confirmed by the locking of the red moving average below the black moving average. But most importantly the HIGH should be confirmed by a combination of HIGH zigzag and a strong resistance level from the 3rd quadrant of Fibo retracements.

This is applicable in every time frame, every financial market!

We will see some examples of price movements on a weekly chart, which represents a year’s price movements. Some examples below, but with additional details.:

http://i1115.photobucket.com/albums/k543/ponforex/3q/gold.gif

GOLD

only 10 images allowed

DOW JONES INDEX

only 10 images allowed

GBPJPY

only 10 images allowed

S&P 500

only 10 images allowed

SILVER

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Thank you Forexintel for this interesting info.

 

In Figure 7 above, I noticed that there are 4 Moving Averages (2 Black and 2 Red Lines - or they something else?). Could you please share the settings for them. Thank you!

Edited by smurf43
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Some of the set ups for the 1st quadrant of the week, which happens to be the 2nd quadrant of the month as you can see in the gbpjpy chart.

 

http://i1115.photobucket.com/albums/k543/ponforex/3q/gold14512.gif

 

http://i1115.photobucket.com/albums/k543/ponforex/3q/gbpjpy14512.gif

 

http://i1115.photobucket.com/albums/k543/ponforex/3q/eurusd14512.gif

 

http://i1115.photobucket.com/albums/k543/ponforex/3q/audchf14512.gif

 

http://i1115.photobucket.com/albums/k543/ponforex/3q/dji14512.gif

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Some of the set up for the 2nd quadrant of this week.

 

http://i1115.photobucket.com/albums/k543/ponforex/3q/gold16512.gif

 

http://i1115.photobucket.com/albums/k543/ponforex/3q/gbpjpy16512.gif

 

http://i1115.photobucket.com/albums/k543/ponforex/3q/eurusd16512.gif

 

http://i1115.photobucket.com/albums/k543/ponforex/3q/dji16512.gif

 

http://i1115.photobucket.com/albums/k543/ponforex/3q/audchf16512.gif

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Prices at the beginning of the 3rd quadrant of the week.

 

http://i1115.photobucket.com/albums/k543/ponforex/3q/gold17512.gif

 

http://i1115.photobucket.com/albums/k543/ponforex/3q/gbpjpy17512.gif

 

http://i1115.photobucket.com/albums/k543/ponforex/3q/eurusd17512.gif

 

http://i1115.photobucket.com/albums/k543/ponforex/3q/dji17512.gif

 

http://i1115.photobucket.com/albums/k543/ponforex/3q/audchf17512.gif

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Prices at the end of the 3rd quadrant. Read the method for more clarity. People have been attributing all kinds of news like greece, eurozone etc. Wonder what triggered a rise in euro? Is it the news or the prices themselves?

http://i1115.photobucket.com/albums/k543/ponforex/3q/eurusd18512.gif

http://i1115.photobucket.com/albums/k543/ponforex/3q/gold18512.gif

Watch GBPJPY range in this level and reverse.

http://i1115.photobucket.com/albums/k543/ponforex/3q/gbpjpy18512.gif

http://i1115.photobucket.com/albums/k543/ponforex/3q/dji18512.gif

http://i1115.photobucket.com/albums/k543/ponforex/3q/audchf18512.gif

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Thank you Forexintel for this interesting info.

 

In Figure 7 above, I noticed that there are 4 Moving Averages (2 Black and 2 Red Lines - or they something else?). Could you please share the settings for them. Thank you!

 

I guess the 6 Simple Moving Averages very close to the following:

 

1. 8 Open & 8 Close.

2. 108 Close & 128 Close

3. 900 Close & 1000 Close

 

Try it on PFG FX MT4

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Prices at the end of the 3rd quadrant. Read the method for more clarity. People have been attributing all kinds of news like greece, eurozone etc. Wonder what triggered a rise in euro? Is it the news or the prices themselves?

 

Well. 2 days ago, i play the II_SupDem, it shown me that a strong Daily Support line and a Pin Bar was formed on H4 on EURUSD yesterday.

 

Your GOLD also said the same thing.

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still want to see pictures of actual trades, not some squiggles, lines, fibs and a cool name. Call the trade before time and let the results speak for themself. Otherwise, good luck pushing shi# up hill, oops I mean good luck selling a system you show no trades to.
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still want to see pictures of actual trades, not some squiggles, lines, fibs and a cool name. Call the trade before time and let the results speak for themself. Otherwise, good luck pushing shi# up hill, oops I mean good luck selling a system you show no trades to.

 

I am indebted to you guys for popularizing my thread. Thank you!

http://i1115.photobucket.com/albums/k543/ponforex/3q/Picture2.gif

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I did have a look at your statement on your site, and although I really do mean what I say about call the trade ahead of time if you are selling stuff, it is a good statement (although only short) and looks to be a good system for you. Hope it works out for you.
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I did have a look at your statement on your site, and although I really do mean what I say about call the trade ahead of time if you are selling stuff, it is a good statement (although only short) and looks to be a good system for you. Hope it works out for you.

 

But, what offended you so much that you had to use such language against me?

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I guess the 6 Simple Moving Averages very close to the following:

 

1. 8 Open & 8 Close.

2. 108 Close & 128 Close

3. 900 Close & 1000 Close

 

Try it on PFG FX MT4

 

Nice try. If it is 130 or 930, would it make a big difference in the forecast? At least 8 is a fibo number, but why 108 or 128? Is it a lucky number? Why trust some numbers and leave others?

 

But i think you are missing the point. No single indicator can help forecast. Only a combination of indicators can help. For me it is MA, fibs, zz and time frames.

 

But when you know everything there is to know, why would you need this?

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Nice try. If it is 130 or 930, would it make a big difference in the forecast? At least 8 is a fibo number, but why 108 or 128? Is it a lucky number? Why trust some numbers and leave others?

 

But i think you are missing the point. No single indicator can help forecast. Only a combination of indicators can help. For me it is MA, fibs, zz and time frames.

 

But when you know everything there is to know, why would you need this?

 

Nice Said. That why i said "I guess" the values for the person wish to know your moving averages which your required some money to reveal.

 

I know there is really will not make a big difference between 130, 930, even Fibo number (where you like in this case) OR NAKED in the forecast.

 

But i think you are giving the wrong point. Is not the 3q that help, It the 3M that help.

 

"But when you know everything there is to know, why would you need" to bother to keep the MAs for secret ?

 

::LOL::

Edited by KelvinHand
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Dear Kelvin

If i have spent money and time for the last 4 years to learn and develop something and decide to sell it, what is your problem with that? I do not believe in freebies. If you believe in free lunches. Good luck. Freebies always have an invisible asterisk somewhere, saying conditions apply. And by the way, i don't do any affiliate marketing or work as introducing broker to offer things for free. Neither i don't believe in your smart strategies.

Edited by forexintel
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Dear Kelvin

If i have spent money and time for the last 4 years to learn and develop something and decide to sell it, what is your problem with that? I do not believe in freebies. If you believe in free lunches. Good luck. Freebies always have an invisible asterisk somewhere, saying conditions apply. And by the way, i don't do any affiliate marketing or work as introducing broker to offer things for free. Neither i don't believe in your smart strategies.

 

Dear Friend,

 

 

I never say you cannot sell your stuff. But most of times, this form some people request to share the stuff and some people request you to show you stuff that it not a scam. You do so many introduction and dare not to push the button. So i show hand for you.

 

 

You already mentioned "No single indicator can help forecast. Only a combination of indicators can help. For me it is MA, fibs, zz and time frames.". So my previous message to you - if you are confident enough, why worry about your moving averages to the person. Will MA help to determine forecast the turning point ? Will the person learn your MA and mastered the course ?

You know very well. The essential part of knowledge still within you, and other cannot steal from you.

 

Whether you want to share or ask for money up to you. It just trigger my curiosity to guess your MAs.

 

 

They are so many people encounter scam system, so juicyt advise you to post actual trades so that people can evaluate your system here. What wrong again? You seen cannot take criticism.

 

Thank you for your demonstration here. Your method i seen i understand the concept although i had not gone through your video. Without the moving averages should work also.

Edited by KelvinHand
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:))Go through the messages, edits and the tone to see who is getting angry. You don't get it do you?, when i say " it is unfair to those who bought it". Change your value system. You seem to have not changed your noble intentions since 2008 till today when you "guessed" my numbers.

Your messages never conveyed your "advice" to post trades. It contained abusive language and ridiculed the fact that you had to pay for it. I have a thread "Gold today", where i have said, two weeks ago, that the gold prices will reverse to 1626.06. In EURUSD thread, i have said that it is poised to bounce back. In GBPJPY, i have said that it will range at this level. Is that not calling the trade? I have shown my trade results in the website, i have vividly explained order entry and order exits in the Week 2 preview that you did not have to guess the numbers. In fact i have put so many moving averages, that anybody could have guessed it. The trouble is when you want shortcuts, when you want it in a hurry, when you judge too quickly. Read all my posts and judge me like i judged you from your posts. That is why profiles are there.

How does my posting trades here guarantee that others using the method also will get the same profit and loss? No system can guarantee that everybody will get the same results. Show me other trading methods who show this much trade results as proof. I do not promise millions, or even the consistency of profits shown in my trading results. But if people can practice with discipline, honesty and loyalty, then i can guide them to profitable ways. There are no shortcuts.

 

And thank you for spicing up my thread.

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:))Go through the messages, edits and the tone to see who is getting angry. You don't get it do you?, when i say " it is unfair to those who bought it". Change your value system. You seem to have not changed your noble intentions since 2008 till today when you "guessed" my numbers.

Your messages never conveyed your "advice" to post trades. It contained abusive language and ridiculed the fact that you had to pay for it. I have a thread "Gold today", where i have said, two weeks ago, that the gold prices will reverse to 1626.06. In EURUSD thread, i have said that it is poised to bounce back. In GBPJPY, i have said that it will range at this level. Is that not calling the trade? I have shown my trade results in the website, i have vividly explained order entry and order exits in the Week 2 preview that you did not have to guess the numbers. In fact i have put so many moving averages, that anybody could have guessed it. The trouble is when you want shortcuts, when you want it in a hurry, when you judge too quickly. Read all my posts and judge me like i judged you from your posts. That is why profiles are there.

How does my posting trades here guarantee that others using the method also will get the same profit and loss? No system can guarantee that everybody will get the same results. Show me other trading methods who show this much trade results as proof. I do not promise millions, or even the consistency of profits shown in my trading results. But if people can practice with discipline, honesty and loyalty, then i can guide them to profitable ways. There are no shortcuts.

 

And thank you for spicing up my thread.

 

While you said " it is unfair to those who bought it", So i do my guessing while you not interested to reveal, anything wrong with that ? If wrong, nothing big deal.

 

I wasn't angry. Your performance result was in your website i saw it. it great. Your explanation is accepted.

I just told this guy, since you had stated " it is unfair to those who bought it", you are selling the system, not likely you will reveal anything. Just that he like to see you do your posting here and see your trade placed to be live here.

 

I want shortcut to your system for what? I never interested in a system with so many moving averages.

 

You method using Fibonacci, Zig-Zag can not be a bad idea. These are the tools for you do the forecasts. MA more likely using in the trending situation as dynamic confluence or so. Maybe you got advance theory inside like gann...etc.

 

Your course is not very expensive, Share by many people for what ?

 

You are welcome. I am only spicing those thread with value, not only yours.

Also please continue to post, it help me a lot.

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=D>Wow! Kelvin. That was nice of you to say these things in this tone. I love this tone you are talking now. Let us maintain this tone without any asterisks in the thread!.

 

I'll also take your suggestions about posting my trades here. I'll post demo account trades starting with $500. I am a part time trader, mainly a lighting consultant, so no scalping or intra day trades.

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It is nice to see that the respectful sense has prevailed between two seemingly successful people on their own right and hope that debating continues ...... Good luck to you both.

 

This 3Q Method looks like a good method. Once I have enough fund allocated to subscribe to 3 week course, I might go for it......

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=D>Wow! Kelvin. That was nice of you to say these things in this tone. I love this tone you are talking now. Let us maintain this tone without any asterisks in the thread!.

 

I'll also take your suggestions about posting my trades here. I'll post demo account trades starting with $500. I am a part time trader, mainly a lighting consultant, so no scalping or intra day trades.

 

Hi,

 

Thank you for your consideration, Will see Light soon ::LOL !!!::

 

 

I had been learning the fib before, so i know the power.

 

 

I so sorry for SMURF43, i post the wrong setting for post 1, while i was looking in H4 to correlate the Supply & Demand, and do the guessing of that chart.

 

The setting for Fig 7 is :

- SMA 8 open & close for M5.

- SMA 24 open & close for M15

 

Because M15 to M5 is 3 times so 8x3 = 24.

He superimpose the M15 SMA8 open & close into M5. to demonstrate the reversal and trend continuation.

You will see the price sit on to the 24SMA nicely on 2nd Q.

Edited by KelvinHand
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