Quas

imodo Patt
ern |Advanc
ed Pr
ice Ac
tion
Tr
adi
ngConcept2021

Tabl
eofc
ont
ent
s
1.WhatIsQuas i
modoPatterninFor ex?
2.HowdoI tradeQuasimodo?
2.
1BuyTr adeSetup
2.
2SellTradeSetup
2.
3TakePr ofi
t
3.I
sQuas i
modoHead&Shoul derPat ter
n?
4.I
sQuas i
modoW/ MPatter
n?
5.WhereWi llQuas
imodoGener al
lyAppear?
6.WhatShoul dBeRememberToTr adeQMEf f
ici
ent
ly?
7.Bott
omLi ne
TheQuasimodoPat
ternisal
socal
ledOver&Underpat
ter
n.I
tisanadvanc
ed
pri
ceac
tiontr
adi
ngconcepti
nthet
radi
ngindus
try.

TheQuasi
modopatter
ni smor
ethanaconf
luencepatter
norent
ryt
echni
que
thanat
radi
ngs
trat
egy.Itus
est
oconf
ir
mthetrader
’sbi
as.

I
fyoucombinethispat
ternwit
hyourt radi
ngst
rat
egy,i
tinc
reas
esyourtr
adi
ng
odds&boostsyourconfi
denc
el evel
.Ithelpsy
outomakebet t
erdeci
si
onson
ti
measwell
.

Forexampl e,I
fyou spota Quas
imodo pat
ter
n neara levelofsupportor
resi
stanceorwithdi
vergenc
e,iti
ncreas
esthetrader
’sc
onf i
denc
eort radi
ng
probabil
it
y.

Manys upply&demandt radersuset

hispat
terntoidenti
fyt
hes t
rongtr
adabl
e
zones
.Whent heyfindt heQuas i
modopatt
ernwi t
hs tr
ongs upplyordemand
zones
,t heyexecut
et het r
adewi t
hgreat
erconfi
dence.I
tprovidesagreatRis
k
Rewardr at
iopot
entialaswell.

Quasi
modopatt
erndoesnotappearal
ltheti
me,butwhenthi
shappens,t
rader
s
shoul
dnoti
gnor
eit.
Iti
soneofthemos tr
eli
abl
eandpowerf
ulpat
ternst
otrade.

WhatI
sQuas
imodoPat
ter
ninFor
ex?

Quas imodoPatterni salsoc al

ledasOVER&UNDERPat t
ern.Itisar ever
s al
patternthatiscreatedafterasignif
icantobvioustrend.Whenas eri
esofhigher
high,higherlow,orl owerhighl owerl ow i
sinterr
upted,Quasi
modoPat t
erni s
created.Itisadoubl e-endedc heat
ers t
rat
egy.Itisus edasani nt
radaypric e
turningpoint.Sot heIntradayt r
adersc anus eitasanadvanc edpr i
ceac t
ion
tradingpatt
ern.

Quasi
modoisoneofthemostprofit
ablec har
tpat
ternsi
nt heforex.Itrepeat
s
i
tsel
fallt
heti
me.Thekeyistoi denti
fy,andmostimport
antly,r
eac ttothem,
whenthetr
adi
ngopport
uni
tyar
ises.

HowdoI
tradeQuas
imodo?

BuyTr
adeSet
up
 >
>Pri
cecr
eatesalow
>
>Pri
cecr
eatesahigh
>
>Pri
cebr
eacht helowandcr
eat
esalowerl
ow
>
>Thenpr
icebreachthehi
ghaswel
landfor
msahi
gherhi
gh

>
>Nowplaceyourpendingor der(
BuyLi
mit)atQML(
Quasi
modoLine)
>
>Whenpric
ec omesbac ktothelowyourpendi
ngor
derwil
lbetri
gger
ed.
>
>Pl
aceyourstopl
ossjus tbelowtheMPL(Maxi
mumPainLevel
).
Here,as
igni
fi
cantdrophasoccurredinthemar
ket
.Themar
ketmakesanobvi
ous
hi
ghandl ow consecut
ivel
y.Thenaf termaki
ngaLowerlow i
tshootupand
breac
hthehightomakeahi gherhigh.

Thespacebet
weentheQMLandMPLc ons
ideredasastrongdemandQuasimodo
zone.Whenpr i
cebacktothezoneourbuyl imi
ti stri
ggeredandlookhow
beauti
ful
lypr
iceret
rac
edfr
om t
heQMLl evel
.Itst
artstogot oourpr
eferabl
e
dir
ecti
on.

OurFi
rstTPi
sHi
t

-Sec
ondTPisal
sohit
.
-Thi
str
adehadagreatr
iskr
ewar
dpot
ent
ial
.

Sel
lTr
adeSet
up
 >
>Pri
cecr
eatesahigh
>
>Pri
cecr
eatesalow
>
>Pri
cebr
eacht hehi
ghandcr
eat
esahi gherhi
gh
>
>Thenpr
icebreacht
helowaswellandformsalowerl
ow

>>Nowpl ac
eyourpendingor der(
Sel
lLi
mit)atQML(Quasi
modoLine)orexec
ute
asel
ltradewit
hyourpre-plannedent
rytechni
que.
>>Whenpr i
cecomesbacktot hehi
ghyourpendi
ngorderwil
lbet
rigger
ed.
>>Pl
aceyourstopl
ossjustabovethel
astMPL.
TakePr
ofi
t

Takeyourprofituptot henexttroubl
ear
ea.Breac
hedhi
ghorlowshoul
dbet he
mini
mum t argetarea.1:3isas t
andardr
isk-
rewardr
ati
othatcanbeappl
iedin
thi
spri
ceac t
iontradingstr
ategy.

I
sQuas
imodoHead&Shoul
derPat
ter
n?

ThoughQuasimodolooksli
ketheHead&Shoul
derPat
ter
n,i
tisdi
sti
nct
ivef
rom
thetypi
calHead&ShoulderPat
ter
n.

Hopethes
ketc
hbelowmakess
ens
etoyou.
quas
imodoinf
orex
So,allQuasimodopat ternisHead&ShoulderPat
tern,butallHead&Shoulder
Patt
ernsar enotQuas imodoPat t
ern.TobeaQuasimodopat tern,I
tneedsone
extr
a“ qual
if
icat
ion”thatrequir
edpric
etomovebeyondas pec
ifiedhi
ghorlowto
capturebothbuyersors el
ler
s.

I
sQuas
imodoW/
MPat
ter
n?

Thes t
ruct
ureofQuas i
modoc onsi
stsoftwoengul
fi
ng,bot
hupanddowns
ides
.
ButtheW/ Mfor
mat i
onc onsi
stsofoneengul
fi
ngupordownside.
advancedpri
ceact
ionpat t
erns
Wher
eWi
llQuas
imodoGener
all
yAppear
?

Quasi
modopat ternappearsatal lti
meframes.I
tocc
ursalwaysafterasi
gnifi
cant
ral
ly.
Thent hemar ketismanipulatedt
oc r
eateli
qui
dit
y.Wher et
her et
ailt
raders
arecaptured,t
hepr ofit
abletradingopport
unit
yiscreat
edt her
e.Quas i
modoi s
veryreli
ableifusedpr operl
yandc anbes eenoneverytimeframef r
om daily
downt o1mi ncharts.

WhatShoul
dBeRememberToTr
adeQMEf
fi
ci
ent
ly?

• AlwayslookforfreshQuas i
modoDemand/ Suppl
yz ones,whic
har enot
test
edyet.
• Makes urethedistancebet weenQMLandMPLi snott oohigh.Ifthe
dis
tanceissohi
gh,riskwillbeincreasedandt heRis
kRewar dRatiowil
lbe
poor.So,whenthez oneiss mall,ther i
skisalsosmallandtheexpected
rewardisbi
g.
• Neverignor
eleveloverlevel.
• QMi smorepowerfulwhenanaut henticopposit
ezoneisengulf
ed.
Youcanenhanceyourdaytradi
ngs trategi
esus i
ngt hi
spri
ceac t
ionpat
tern.

Bot
tomLi
ne

Quasi
modoorOver&UnderPat ter
ni snotoneofthemos tpopularpat
ter
ns
amongfor
extrader
sasitisanewentranti
nthef
inanc
ialanalys
issec
tori
nthe
fi
nanci
almar
kets.Alt
houghnew,itisoneofthemos treli
ableandpowerful
patt
ernst
otr
ade.TheRi
sk-
Rewar
drat
iopot
ent
ialoft
hisr
ever
salpat
ter
nisal
so
good.

Under standingt hees t

abli
s hingt rendisani mport
antf actorforforextrading.
Us i
ngt hec lass
icaldefini
ti
onofhi gherhi
ghsandhi gherlowsversusl owerlows
andl owerhi ghsistherights tept ofoll
ow.Ifyoudos o,youc aneasi
lyidenti
fythe
Quas imodopat tern,event houghyouar eanovi cetrader.NoQuas imodopat t
ern
scannerori ndi
catorisneededt olookforit.Yournac kedeyei senought ospot
Quas imodoPat ternint hec har tandt oboos tupyourc onfi
dencetoexec utethe
tradeef fi
cientl
y.Thisc onfluenc epr i
ceactionpatternc anf l
ouri
shyourover all
supplyanddemandt radings trategy