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ReadtheMarket - Supply and Demand with Price Action

  • #4,641
  • Feb 23, 2019 11:38am Feb 23, 2019 11:38am
Remember also even if i can , i dont want to register this thought in my mind "i am completely sure price will do this and that". Because it has did severe damage to me before several years before.

What i know is i have an edge and my probability will increase if the FO happens when retailer under severe pain then only i want to get in.when there is no much room i enter at QM levels. But my SL is well below the origin.

When my SL hit , i happily trade other opportunities and completely independent of what happened earlier.
There is also another way to put the SL (which is the smaller scale FL just below higher scale FL and when higher scale FL engulf it reverse a bit then i exit - That's another lesson not needed now).

This method gives us very high RR. So when we are taken out no matter how many times but you end up in profit . Thats what i advise everyone here.
Dont be overconfident even this method works 100%. Every next trade you take is completely independent of your previous trade- Mark Douglas, if that is the case then your previous winner and next trade can be still a loser . When we have that mindset , then success in near.

Sorry i had to talk a lot , because when i saw this wording complete sure , i know where you are going.
  • #4,642
  • Edited 12:41pm Feb 23, 2019 12:24pm | Edited 12:41pm
Thanks Fxyogi.

This thread has really come alive again!
  • #4,643
  • Feb 23, 2019 1:19pm Feb 23, 2019 1:19pm
Quoting Fxyogi
Remember also even if i can , i dont want to register this thought in my mind "i am completely sure price will do this and that". Because it has did severe damage to me before several years before. What i know is i have an edge and my probability will increase if the FO happens when retailer under severe pain then only i want to get in.when there is no much room i enter at QM levels. But my SL is well below the origin. When my SL hit , i happily trade other opportunities and completely independent of what happened earlier. There is also another...
Hmm...
I remember the video....
"To know where price will turn"
It is actually work several times....

Yeah, actually....
This week is time where I'm pretty sure able to read PA... If I touch there is a must for CP or BSZ....

Thank Yogi...
I guess I will focus on something that not stand alone....

Wait Monday for my Newbie Journey....
RIP RTM
  • #4,644
  • Feb 23, 2019 1:38pm Feb 23, 2019 1:38pm
I guess Kennyz look supply and demand just same with IF.

But after that he buy and sell both until the price itself decide it. Really no PA. He just combine locking and hedging.

CMIIW....

By the way it is the way to talk to my self.
Cause I always want to learn how to trade by a pip....
Today I will decide day to day on tomorrow to stop learning and accept everything if I get lose someday....

..........
RIP RTM
  • #4,645
  • Feb 23, 2019 2:08pm Feb 23, 2019 2:08pm
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  • #4,646
  • Feb 23, 2019 2:11pm Feb 23, 2019 2:11pm
Quoting Fxyogi
Remember also even if i can , i dont want to register this thought in my mind "i am completely sure price will do this and that". Because it has did severe damage to me before several years before. What i know is i have an edge and my probability will increase if the FO happens when retailer under severe pain then only i want to get in.when there is no much room i enter at QM levels. But my SL is well below the origin. When my SL hit , i happily trade other opportunities and completely independent of what happened earlier. There is also another...
Didn't intend to sound like that. But I agree and believe this is the best advice any trader can get. We don't know where price will turn, but we know how to spot certain areas where price MIGHT turn within certain probability. The more experience trader has, the more precise he is at identifying high probability zones. That's where money management comes in. Even the biggest pro can't predict the market 100% of the time. It IS possible to get very close to this number, but even 1-2 losing trades out of 100 are enough to severely damage one's account if not used carefully.
  • #4,647
  • Feb 23, 2019 2:15pm Feb 23, 2019 2:15pm
Quoting hendzwoter
I guess Kennyz look supply and demand just same with IF. But after that he buy and sell both until the price itself decide it. Really no PA. He just combine locking and hedging. CMIIW.... By the way it is the way to talk to my self. Cause I always want to learn how to trade by a pip.... Today I will decide day to day on tomorrow to stop learning and accept everything if I get lose someday.... ..........
RTM is way beyond supply and demand. It's all about the stops.
  • #4,648
  • Feb 23, 2019 8:57pm Feb 23, 2019 8:57pm
Quoting hendzwoter
{quote} Hmm... I remember the video.... "To know where price will turn" It is actually work several times.... Yeah, actually.... This week is time where I'm pretty sure able to read PA... If I touch there is a must for CP or BSZ.... Thank Yogi... I guess I will focus on something that not stand alone.... Wait Monday for my Newbie Journey....
https://www.youtube.com/watch?v=U7ii3PMG--4&t=18576s

https://www.youtube.com/watch?v=0VKyIbTotns

This is a must watch 15 Hrs videos before we start trading any method.
  • #4,649
  • Feb 24, 2019 2:56am Feb 24, 2019 2:56am
Quoting charvo
hold'on there plz. what you showed in your charts is pretty much the most powerful setup of this whole thread. all the others......um, no so much, imho. i'd try focusing on these, and these are many everyday......, btw, the ingredient from FXCyborg is, if you spot his 3-bar setup in the left end of your yellow box (where you expect FTB). {quote}
Charvo, i did not notice your reply. sorry for that

I did discarded the idea of that setup though. I did not even now that it was that powerful, i just notice that it was a repeating pattern.
Now that you brought attention to it again, i will try finding setups like that with FXC's ingredients lol.

Also, what do you think about this other repeating pattern?
Maybe i can combine this too with FXC's secret sauce

with sauce
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without sauce
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if anybody can help explaining this pattern it would be much appreciated (still many failed ones that i cannot filter out, like maybe these setups have to break the last FL or something?)
Ask, and it is given. Every single time, no exceptions.
  • #4,650
  • Edited 4:17am Feb 24, 2019 3:08am | Edited 4:17am
Quoting Uderfrykte
{quote} RTM is way beyond supply and demand. It's all about the stops.
How it become?
And provide some chart.
Talk just easy.

And don't say,
It is explained by QM, DM, CP, BSZ, Can Can, CPLQ, 3 Drive....

........
RIP RTM
  • #4,651
  • Feb 24, 2019 4:31am Feb 24, 2019 4:31am
Try to mark up and explain the chart in your own words first. I think it’ll help with the learning process and we can provide more specific feedback

Quoting beefStew
{quote} Charvo, i did not notice your reply. sorry for that I did discarded the idea of that setup though. I did not even now that it was that powerful, i just notice that it was a repeating pattern. Now that you brought attention to it again, i will try finding setups like that with FXC's ingredients lol. Also, what do you think about this other repeating pattern? Maybe i can combine this too with FXC's secret sauce with sauce {image} without sauce {image} if anybody can help explaining this pattern it would be much...
RIP RTM - long live Nonsense Trading
  • #4,652
  • Feb 24, 2019 4:33am Feb 24, 2019 4:33am
Quoting hendzwoter
{quote} How it become? And provide some chart. Talk just easy. And don't say, It is explained by QM, DM, CP, BSZ, Can Can, CPLQ, 3 Drive.... ........
Its quite literally explained by some of those things you just listed
RIP RTM - long live Nonsense Trading
  • #4,653
  • Feb 24, 2019 4:59am Feb 24, 2019 4:59am
Quoting ahdat
{quote} Its quite literally explained by some of those things you just listed
But I am interested with something deeper.
MPL then DP.

I guess this what Ltrader16 and Uderfrykte want to tell us.
RIP RTM
  • #4,654
  • Feb 24, 2019 5:37am Feb 24, 2019 5:37am
What I consider IF's best quote of all time:
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  • #4,655
  • Feb 24, 2019 5:37am Feb 24, 2019 5:37am
Quoting ahdat
Try to mark up and explain the chart in your own words first. I think it’ll help with the learning process and we can provide more specific feedback {quote}
Ahdat,

I got the "kinked area" idea from IF first charts.
for now i can only know that the kinked areas are good place to take trades from, but i dont know any other things to consider after price form the kinked area, i can only "hope" that price will turn from there.

Attached Image (click to enlarge)
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I know this is some kind of FTR.
I figured out too that sometimes if the kinked area fail to hold i can wait for flip on those zones.
i am still clueless where to place my target.

Attached Image (click to enlarge)
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Please give me some advice regarding filtering these zones.

Thank you
Ask, and it is given. Every single time, no exceptions.
  • #4,656
  • Feb 24, 2019 5:41am Feb 24, 2019 5:41am
Indeed 3 years ago I stopped believing IF and tried to see if I could some how correct what he did and see for myself what it was he thought he saw. It was then that I discovered how to get into split entries like his and catch a glimpse of what Stop Loss trading is like.( Also thanks to the exact same advice that SALIVAN gave me at the time).
  • #4,657
  • Feb 24, 2019 5:52am Feb 24, 2019 5:52am
Quoting hendzwoter
{quote} But I am interested with something deeper. MPL then DP. I guess this what Ltrader16 and Uderfrykte want to tell us.
It seems like you want people to tell you the secrets on how to trade tt with tight stop losses and high R. There really are no secrets. A lot of it is already here. IF’s trades, yogi’s and others... there are tons of examples of stoploss trading. All the concepts of rtm are part that. If you still can’t see it, you need to do more deliberate study. Everyone needs ALOT of study to learn this. Thousands of hours. If you don’t want to, you can join the rtm academy and they’ll teach you for a cost. I’m not sure about others here, but I’m more than willing to help if I see some effort being put in. I just don’t know how to better answer “show me stoploss trading”, it’s all over this forum.
RIP RTM - long live Nonsense Trading
  • #4,658
  • Feb 24, 2019 6:12am Feb 24, 2019 6:12am
Haha for sure, there were times when I thought IF was full of shit and making up these crazy ideas about ITs and tricks and this and that. then i’d learn a little more, apply it to my trading, do more studying, and everything made a bit more sense. The whole stop loss thing is a hard mindset to get into because it’s so tricky to see when learning. I slip sometimes and get back into lazy analysis, only to get stopped lol. Sali’s great. It’s interesting how he sees the market a bit different from IF, but is still wildly successful at it. Reviewing his journal gave me one of those breakthrough moments

Quoting Ltrader16
Indeed 3 years ago I stopped believing IF and tried to see if I could some how correct what he did and see for myself what it was he thought he saw. It was then that I discovered how to get into split entries like his and catch a glimpse of what Stop Loss trading is like.( Also thanks to the exact same advice that SALIVAN gave me at the time).
RIP RTM - long live Nonsense Trading
  • #4,659
  • Feb 24, 2019 6:16am Feb 24, 2019 6:16am
Ah great, it helps to know your thought process. it’s bed time for me over here but I’ll try to respond to you tomorrow when I’m behind a computer

Quoting beefStew
{quote} Ahdat, I got the "kinked area" idea from IF first charts. for now i can only know that the kinked areas are good place to take trades from, but i dont know any other things to consider after price form the kinked area, i can only "hope" that price will turn from there. {image} I know this is some kind of FTR. I figured out too that sometimes if the kinked area fail to hold i can wait for flip on those zones. i am still clueless where to place my target. {image} Please give me some advice regarding filtering these zones. Thank you
RIP RTM - long live Nonsense Trading
  • #4,660
  • Feb 24, 2019 7:18am Feb 24, 2019 7:18am
Quoting ahdat
Ah great, it helps to know your thought process. it’s bed time for me over here but I’ll try to respond to you tomorrow when I’m behind a computer {quote}
Thanks a lot buddy, i really appreciate it

Anyway, sullivan's journal seem to be having a lot of praises for its helpfulness. Is it still available to read?

Cheers
Ask, and it is given. Every single time, no exceptions.
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