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Price Will Tell - Supply/Demand Price Action Trading 1,854 replies

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Attachments: ReadtheMarket - Supply and Demand with Price Action
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ReadtheMarket - Supply and Demand with Price Action

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-milkeyway
Quoting charvo
oh you stupid fk...... still so many are running in circles here....... don't you feel it??? RUNNING IN CIRCLES!... saying rtm is shit is not justified... but rtm is shit for rtm boasting this piece (of many to make it) as the holygrail, which is also the reason you (and me before) cannot make it. you have to sit back and understand the market/vehicle, in a fundamental manner these qm, rp, last pip level shit are really really, only the supporting tool when you fight in the market-battle... don't waste time here...learn the concept, and move on......
Looking at my chart markings, don't you think that price action is perfect?
-milkeyway
Quoting kumaramy
{quote} Looking at my chart markings, don't you think that price action is perfect?
i dont fully understand what you are trying to show? can you explain?
RIP RTM - long live Nonsense Trading
Quoting ahdat
{quote} i dont fully understand what you are trying to show? can you explain?
If you have studied the RTM concepts then you should know what I have marked on chart. I have marked very few things. Mostly compression (showed by dashed lines), caps on price including ignored caps on price (showed using rectangles), quasimodo, etc.
-milkeyway
Quoting kumaramy
{quote} If you have studied the RTM concepts then you should know what I have marked on chart. I have marked very few things. Mostly compression (showed by dashed lines), caps on price including ignored caps on price (showed using rectangles), quasimodo, etc.
so some price structure? how does this equate to trades?
RIP RTM - long live Nonsense Trading
Quoting ahdat
{quote} so some price structure? how does this equate to trades?
The marking I have done is about the price movement story. There are many places on the chart where you can trade with a good R:R ratio. Such as Quasimodo level.
-milkeyway
Quoting kumaramy
{quote} The marking I have done is about the price movement story. There are many places on the chart where you can trade with a good R:R ratio. Such as Quasimodo level.
shorting at the qm level with a stop above?
RIP RTM - long live Nonsense Trading
Quoting ahdat
{quote} shorting at the qm level with a stop above?
Yes. But it is recommended that your stop should be above the true supply decision level where QM is formed.
-milkeyway
Quoting kumaramy
{quote} Yes. But it is recommended that your stop should be above the true supply decision level where QM is formed.
ok i see
RIP RTM - long live Nonsense Trading
Quoting ahdat
{quote} ok i see

Inserted Video
-milkeyway
Quoting kumaramy
{quote} https://youtu.be/oLZFm2GhN-Y
thanks im familiar with the video. i was trying to get a more interesting conversation going. curious, based on your markups, where would you have made trades (even if it failed)
RIP RTM - long live Nonsense Trading
Quoting ahdat
{quote} thanks im familiar with the video. i was trying to get a more interesting conversation going. curious, based on your markups, where would you have made trades (even if it failed)
I would have trade or have TP where the rectangles are marked
-milkeyway
QM levels as well as 3Drive, compressions are sometimes, are all patterns that are formed at the "right" input levels. Nothing more.
Compressions in itself or lead to the right level or ignore it. They are created to pretend trends or other to fuck the trends followers etc. In the previous message I meant that there are various patterns that are formed near the institutional levels and these are 3Drive, cancan etc. Sorry I expressed myself badly
Wrote my own script to draw different type of chart
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-milkeyway
Can someone explain to me why this setup failed?
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Quoting Totro
Can someone explain to me why this setup failed? {image}

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-milkeyway
Quoting Totro
Can someone explain to me why this setup failed? {image}
Long story short this was not engulfing.
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Quoting Totro
Can someone explain to me why this setup failed? {image}

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-milkeyway
Quoting Totro
Can someone explain to me why this setup failed? {image}
no engulf, although there are a couple other reasons i wouldn't take this
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RIP RTM - long live Nonsense Trading
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