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- Les_Paul replied Feb 8, 2014
scalp taken off daily fo level + 100 pips image
- Les_Paul replied Dec 20, 2013
Dear Mingary, you are very wrong.... I have experienced myself that price is easily readable and predictable once you take your time to learn it properly... Pls have a peek in my RTM journal. url feel free to join us anytime :-) LP
- Les_Paul replied May 14, 2013
hmmm, an gigantic lightbulb was just switched on in my head... thank you! LP
- Les_Paul replied May 14, 2013
If, in your EURJPY example you identified one part of PA as FL, shouldn't it be FTR? LP
- Les_Paul replied May 14, 2013
Dear Rrandolf, if you are new, forget about finding entry points for now. There is a long journey before you. Wait until readthemarket.com is online again, read the Marketpedia section well and do the homework tasks. Start your journal and post your ...
- Les_Paul replied May 14, 2013
And Les_Paul answered him, "If, to whom shall we go? You have the words of eternal truth of the market." :-)))))
- Les_Paul replied May 14, 2013
emergency - RTM is down....
- Les_Paul replied May 2, 2013
Hi If, I think you took it off the S/R flip line. Les_Paul
- Les_Paul replied Apr 10, 2013
IF, let me just express my gratitude. You are true blessing! LP
- Les_Paul replied Jun 21, 2012
thanks!
- Les_Paul replied Jun 12, 2012
GBPUSD — This is a GU long trade I just closed. The reason for opening the trade was a trendline + news which was actually pretty bad. But the price had been dropping before so the big boys wanted crowd to start short positions so that they ...
- Les_Paul replied Jun 11, 2012
GBPUSD — A few GU trades: opened on the basis of the confluence of H1 demand, PPZ and TL. Opened perhaps a bit early, I have to work hard on it. Fourth trade still running - TG H4 supply. LP image
- Les_Paul replied Jun 10, 2012
I like the analysis very much, thank you! Just regarding your very first supply level: I personally would have drawn the level a bit wider - to the point from which the price dropped hard. Then you see that PA respected the level - the pin touched ...
- Les_Paul replied Jun 4, 2012
Hi Shaggy, by compression I mean the price action of Friday London session and Thursday both London and NY session. Price were steadily decreasing liquidating all supply from the market. Market makers were getting rid of any ceilings that would ...
- Les_Paul replied Jun 1, 2012
NFP — The compression in EURUSD yesterday and this morning indicated that the price would want to shoot up at NFP. It's nice to be able to read what the Big Boys are up to. This is the first time I was able to do it - my big day! :-) Les_Paul ...
- Les_Paul replied Jan 18, 2012
thank you, GL!!! btw, anybody short EU?
- Les_Paul replied Jan 18, 2012
One more, this is probably clear for the most of you, but I need to clarify the basics - so am I right when identifying the profit margin as the green rectangle in the picture? This would give me RR 1:1, so no further action. Can you pls confirm? ...
- Les_Paul replied Jan 18, 2012
Hi Good Lookin, so according to your definition this is rather bad PA, am I right? PA is basing right below the level. What steps would you take? Wait for breakout and retest? Thanks you Les_Paul image
- Les_Paul replied Jan 17, 2012
GL, thank you very much for this great explanation! LP
- Les_Paul replied Jan 17, 2012
Hi friends, I've been struggling with the S/D trading for some time. Been also watching this thread with great interest - it's amazing, thanks Ken for opening it and dealing with us with such care! Good Lookin: thanks for your input: so you ...