QM SIMPLIFIED.pdf

HIGHER HIGH LOWER LOW

THE MOVEMENT OF HHLL

BUY SETUP

BUY SETUP CRITERIA

Break the Low first, making Lower Low and then break the High to make Higher High. It will start start with L , H , LL and HH. Buy setup entry level

: Entry buy at Low. Low.

Buy setup stoploss level

: Stoploss at Lower Low

Buy setup target #1

: Target at High

Buy setup target #2

: Target at Higher High

SELL SETUP

SELL SETUP CRITERIA:

Break the High first, making Higher High and then break the Low to make Lower Low. It will start with H , L , HH and LL. Sell setup entry level

: Entry sell at High.

Sell setup stoploss level

: Stoploss at Higher High

Sell setup target #1

: Target at Low

Sell setup target #2

: Target at Lower Low

STEP BY STEP GUIDE

STEP 1:

Identify what the current price been doing either it on upmove or downmove. downmove. In this chart, it was upmove.

STEP BY STEP GUIDE

STEP 2:

Identify the High , Low and Higher High or Lower Low that the price currently movement. For simple way to recognize, identify either it break the High or the Low. In this chart it break the High and it is called Higher High. No Lower Low appear yet. So the best is wait for the setup to appear. Notes:

HIGH is the previous swing high before Higher High. LOW is the previous swing low before Lower Low.

STEP BY STEP GUIDE

STEP 3:

At this point the price break the Low level. For simple way to recognize, identify either it break the Low level or not. In this chart it break the Low level. It is not identify as Lower Low yet until it pullback. Now the setup for HHLL is complete. This is SELL SETUP as it make Higher High in the first place.

STEP BY STEP GUIDE

STEP 4:

As the setup is SELL SETUP, entry for sell is at High level. The price do make a pullback and now Lower Low is valid.

STEP BY STEP GUIDE

STEP 5:

At this stage, 4 lines has to be draw : i) Draw a stoploss level at Higher High. ii) Draw an entry level at High. iii) Draw target #1 level at Low. iv) Draw target #2 level at Lower Low. Now the features of exit & entry level for HHLL setup is complete.

STEP BY STEP GUIDE

STEP FINAL:

Make sure sure to resize a lot if dealing with wide stoploss. Make sure minimum risk to reward ratio is 1(risk) : 2(reward) or more Always Always use stoploss. Use styles example partial close to reduce the risk. If target #1 and target #2 range is narrow, just use target #1.

HHLL : SAMPLE OF SETUP

HHLL : SAMPLE OF RESULT