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I hope I am on the right track.
I hope I am on the right track.
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ReadtheMarket - Supply and Demand with Price Action
- #3,926
- Edited 8:30am Dec 17, 2017 8:00am | Edited 8:30am
Question: will we see this scenario in EURUSD ? {image}
Is EurNzd is on the zone where we should look for buy? It seems that price is in good zone for buy.
h
- #3,929
- Edited 11:22am Dec 17, 2017 11:05am | Edited 11:22am
I have a question:
We have a zone where we should look for a bounce. We are waiting for PA to enter our trade. Can anyone tell me where was PA to enter this trade?
Couse masters say "never touch trade" , but these zones works very well, still it is a bit hard for me to see PA for this certain setup. Hope someone can enlighten me.
We have a zone where we should look for a bounce. We are waiting for PA to enter our trade. Can anyone tell me where was PA to enter this trade?
Couse masters say "never touch trade" , but these zones works very well, still it is a bit hard for me to see PA for this certain setup. Hope someone can enlighten me.
h
- #3,930
- Dec 17, 2017 11:56am Dec 17, 2017 11:56am
- | Membership Revoked | Joined Nov 2010 | 3,072 Posts
- #3,931
- Edited 12:36pm Dec 17, 2017 12:26pm | Edited 12:36pm
I can imagine every RTM member who sees that chart is itching to show you the really obvious PA there! There are times when we touch trade, and this is certainly one of them
Of course some zones are wonderful places for high RR trades even when touch trade without PA.
These entries that I draw should be wrong, couse we would suffer massive drawdown , and you catch those trades to the pip...
h
- #3,933
- Dec 17, 2017 12:36pm Dec 17, 2017 12:36pm
- | Membership Revoked | Joined Nov 2010 | 3,072 Posts
- #3,934
- Dec 17, 2017 2:45pm Dec 17, 2017 2:45pm
RYY, I think you have missed the big RR trade, a good place for touch trade is this 
{quote} {image} Of course some zones are wonderful places for high RR trades even when touch trade without PA. These entries that I draw should be wrong, couse we would suffer massive drawdown , and you catch those trades to the pip...
- #3,936
- Dec 17, 2017 4:28pm Dec 17, 2017 4:28pm
{quote} {image} Of course some zones are wonderful places for high RR trades even when touch trade without PA. These entries that I draw should be wrong, couse we would suffer massive drawdown , and you catch those trades to the pip...
This is my top-down analysis. The market ALWAYS moves in the same way as HLHLHLH..., then there will ALWAYS be FLAGS. I was at the old RTM academy, but something took me off that road. But I have a lot of unanswered questions.
There are many levels, but which are the best? Or Which combinations of TF are the right ones? At least, for beginners until you change the "mind/vision is centered" with all TF, with practice. I AM CONFUSED WITH SO MUCH LEVELS, AND WHEN IT IS APPROPRIATE TO LEAVE PENDING ORDERS TO MAXIMIZE BENEFITS.
Newbie trader
