ReadtheMarket - Supply and Demand with Price Action

Quoting ferinacci

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{image}

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Quoting ferinacci

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{image}

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Quoting ferinacci

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here is the story M15 {image} M1 {image} how to exit {image} resault : 10 Green pips

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Quoting hendzwoter

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Hi ferinacci, I just feel both PA and cap are just side effect of the real one.... DP? Do you feel same? Its like I wait on cap or QM and it just like unlogic cause price just go away far far away from it......

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Quoting beefStew

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{quote} Hendzwoter, Hope you dont mind me joining your discussion. Yes if i remember correctly fxyogi said in older posts that the only thing that is important is FTR. And Albergo said in one of his posts that flag limit/FTR is decision point. So i think we dont need QM, cancan, etc because those also made from FTRs. Im practicing marking FTRs now eventhough im not quite sure if my markings are correct. Will post here when im done.

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Quoting hendzwoter

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{quote} It is quite different with usual DP that I know....

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Quoting fdx

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{quote} Hey, DP, decision point. It is nothing special. Simply a FL in lower time frame. Inside your H1 FL, you will find lots of M1 FLs Which can be an entry in M1 time frame. Go from H1 to M1, finding these FLs. You will find the most important DP.

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Quoting hendzwoter

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{quote} So... Both are work. Thanks....

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Quoting fdx

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{quote} Hi, I am not sure you were in RTM when it was free to access. If not please do these homework, 1. Find and chart 20 flag limits that bounced price on return 2. Find and chart 20 flag limits that bounced price on susequent returns - note the PA 3. Find and chart 20 flag limits that failed to hold price on first or subsequent return - note the PA, and where price then went

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Quoting beefStew

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{quote} fdx, I was not there when RTM was free. do you mind if i join doing the homework too? before i start, there is a question: how do i "note the PA"? by marking fakeouts/compression etc?

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Quoting hendzwoter

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{quote} I see..... But we can make our own FTR/FL before it appears. And somehow I need to learn still.... Last trade by ferinacci that I can understand it.... {image}

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Quoting fdx

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{quote} Of course. This is not just for hendzwoter, anyone who is interested in RTM way. Yes, by PA, marking everything you see.. fakeouts, compressions, engulfs.. etc and specific things you see.. for example, a FL can be broken in two ways.. 1. break the FL then retrace and price goes in the direction it was broken. 2. break the FL, then do not retrace much but price goes in the direction it was broken.. Note them also.. Apply what you see in your future predictions.

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Quoting beefStew

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{quote} hi fdx, I did 3 screenshots of successful FLs but i dont know if they are correct. I mark what i see and with full advantage of hindsight, especially on SS #2. Please tell me if what i have marked are curve-fitted or valid setups. Without any guidance my SS will be only childrens scribble without meanings. #1 {image} #2 {image} #3 {image} i will continue marking the remaining 17 if these 3 are correctly marked. and the 20 second time back ones, and the 20 failed ones. man my journey is still long thanks a lot

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