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ReadtheMarket - Supply and Demand with Price Action

  • #3,341
  • Jul 2, 2017 6:25pm Jul 2, 2017 6:25pm
Hello everybody and hello IF!

Found your videos on youtube and i was just fascinated of your way of trading!!
I used simple Support&Resistance plus price action before but this definitely is next level

Just wanted to say "hi" and looking forward to learn a lot from you guys. Thanks in advance!

Any tips for the new guy? Checked RTM Website allready as I read there is free information but for my country it would cost about 900 Bucks


Best greetings from germany,
frech.dax
  • #3,342
  • Jul 3, 2017 6:31pm Jul 3, 2017 6:31pm
Hmmmm, I suppose the best tip I can give you is to put your entries where your stoploss used to be.

After that, there's a lot to learn
  • #3,343
  • Jul 4, 2017 3:30am Jul 4, 2017 3:30am
Something like this? Are those entries for longs or shorts.. sorry if I am asking newbie questions but I really want to learn it.

Thanks in advance!!
Attached Image (click to enlarge)
Click to Enlarge Name: stop loss.JPG Size: 101 KB
  • #3,344
  • Jul 4, 2017 7:18am Jul 4, 2017 7:18am
That's an excellent start!

When we see supply or demand, it's vital we look beyond them to see what they're reactions to, or engulfs of.

If they're reactions, what they're reactions to are more important than the reactions themselves.
If they're engulfs, we have a direction and a target. If the target hasn't been reached, our S/D can't be expected to hold.

So there it is; learn to trade in two easy lessons
(The problem is, mastering the markets takes two easy lessons, and hundreds of difficult ones!)
  • #3,345
  • Jul 4, 2017 7:20am Jul 4, 2017 7:20am
Quoting redzafahmy
{quote} Greetings Master IF, i'm curious about the PA you mentioned. Is it on every pair? If it's not too much to ask, would you mind sharing about it here? Thank you
I'm in two minds about showing this, as the anomaly may become the rule
  • #3,346
  • Jul 4, 2017 8:24am Jul 4, 2017 8:24am
Quoting Ifmyante
So there it is; learn to trade in two easy lessons (The problem is, mastering the markets takes two easy lessons, and hundreds of difficult ones!)
There is work in everything. Only those who never give up and always keep learning are those who will succeed. (Otherwise there would be millionairs everywhere )


May I post my results in here? Don't want to spam anyone
  • #3,347
  • Jul 4, 2017 9:17am Jul 4, 2017 9:17am
You're welcome to do so this once
  • #3,348
  • Jul 4, 2017 6:01pm Jul 4, 2017 6:01pm
IF, does anyone check the RTM contact inbox?
Just waiting for a response to a small question i had
  • #3,349
  • Jul 4, 2017 6:04pm Jul 4, 2017 6:04pm
Catched this one a few minutes ago... could you please check if my thinking was right or if i was only lucky this time


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  • #3,350
  • Jul 6, 2017 4:19am Jul 6, 2017 4:19am
Thank you so much for sharing all this valuable treasure, I imagine the enormous amount of effort it has taken. I appreciate it and its authors.
I have attached a chart. We assume that there is a previous HTF analysis, it is just an example.
At times, the flag of "DECISION?" (Prior to the first engluf) is greater and others is smaller, and the same is true with the FTR flag.
I have difficulty setting the correct position for the Entry Point and SL.
Could someone help me and give me some light on this matter? Thank you very much.
Attached Image (click to enlarge)
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Newbie trader
  • #3,351
  • Edited Jul 7, 2017 12:18am Jul 6, 2017 5:31pm | Edited Jul 7, 2017 12:18am
Hey If.....
Thank you for your time......Thank you for your friendliness....
btw....I am on that level when i can"t work alone. this is to big, funny but....big because this is to simple. I see a wery big scam.
Meeee
  • #3,352
  • Jul 7, 2017 7:08am Jul 7, 2017 7:08am
Quoting frech.dax
Catched this one a few minutes ago... could you please check if my thinking was right or if i was only lucky this time {image} {image} {image}
This is part of the off PA that went on last week.
The trade opp is not lost yet. Maybe NFP will help decide
  • #3,353
  • Jul 7, 2017 7:15am Jul 7, 2017 7:15am
Quoting enverkoca
Hey If..... Thank you for your time......Thank you for your friendliness.... btw....I am on that level when i can"t work alone. this is to big, funny but....big because this is to simple. I see a wery big scam.
Yes, the entire market is a giant scam.
You're manipulated into it. Then manipulated into handing your stops to the ITs. Then you're broke.....

Their methods are centuries old though, and can enrich those who understand them, and have the stoicism to use the understanding wisely
  • #3,354
  • Jul 7, 2017 7:19am Jul 7, 2017 7:19am
Quoting fex
Thank you so much for sharing all this valuable treasure, I imagine the enormous amount of effort it has taken. I appreciate it and its authors. I have attached a chart. We assume that there is a previous HTF analysis, it is just an example. At times, the flag of "DECISION?" (Prior to the first engluf) is greater and others is smaller, and the same is true with the FTR flag. I have difficulty setting the correct position for the Entry Point and SL. Could someone help me and give me some light on this matter? Thank you very much. {image}

Do a follow up on that chart, marking what you think happened
  • #3,355
  • Jul 7, 2017 7:27am Jul 7, 2017 7:27am
In fact, wait an hour or three before you do so. I don't think it's resolved yet
  • #3,356
  • Jul 8, 2017 8:19am Jul 8, 2017 8:19am
Attached Image (click to enlarge)
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  • #3,357
  • Jul 8, 2017 8:47am Jul 8, 2017 8:47am
A bit loosely drawn, but along the right track
  • #3,358
  • Jul 8, 2017 1:23pm Jul 8, 2017 1:23pm
Expanding on Zamiel's post.....(Don't know if I'm right)

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  • #3,359
  • Jul 9, 2017 8:07am Jul 9, 2017 8:07am
Quoting Ifmyante
In fact, wait an hour or three before you do so. I don't think it's resolved yet
Thanks for your generosity IF.

May be the "level"/flag was engulfed, and now will go up. But, what I think is: this was a good and simply QM trade (very good RR), HFT low flags was cleaned, and probably will down a little more at least... And the key was the FTR flag confluence with QM. My initial "DECISION" flag it's only FTR flag. However I still have difficulties for the best place to put the SL.

May be, better the process: HTF analysis, MTF search for a QM, LTF search best FTR around QM(MTF).

Thanks to any comments
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Newbie trader
  • #3,360
  • Jul 10, 2017 11:40am Jul 10, 2017 11:40am
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Price is compressing towards the weekly and daily supply zone.

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Will try a short at the QM level at 147.8 thereabout.
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