ReadtheMarket - Supply and Demand with Price Action

Quoting beefStew

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{quote} Good read bro. Please keep them coming. I may not be able to catch up your posta but they sure are very helpful.

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Quoting yachusai

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@ahdat Hi bro , here i post my view pls comment thanks {image}

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Quoting beefStew

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I will try to answer the M1 zone that i forgot to answer before. There was an M1 zone inside the H4 FL, but it was so small? For now i can only answer this one. the 2 remaining is still on progress. {image}

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Quoting yachusai

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@ahdat Hi bro , here i post my view pls comment thanks {image}

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Quoting hendzwoter

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Hi everyone, There is a trade that I take before.... And I guess this just very reasonable. Isn't it? {image}

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Quoting charvo

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nice operation, though finally a loss for 1st entry for this kind of "flag" in the middle (in hindsight), why not exit BE after the last attempt (where you marked tg1 considered here) failed to go beyond the engulf? this kind of "failed“ engulf always look like a "diamond flag" that contained a seemingly PA but actually a FO. in the past, i got so many of these that i tend to exit BE when the price failed and came back to my entry...... {quote}

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Quoting ahdat

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{quote} here's my view {image}

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Quoting yachusai

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@ahdat Hi bro , here i post my view pls comment thanks {image}

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Quoting yachusai

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@ahdat Hi bro . thanks for your notes . i thought right blue flag engulf left blue flag . But green on dosnt engulf anything to its left . i know all flags are not important so i miss something . thanks {image}

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Quoting ahdat

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{quote} {image} also, you have to remember where you are at in the HTF. Otherwise they will fake you out thinking you're in a downtrend, like they did here.

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Quoting hendzwoter

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{quote} Thanks ahdat, What I mark is a touch trade yesterday I took before. Based on your chart seem like you agree with my entry. I guess it is the zone that hold price where upper FL got engulfed. (Sorry is it MPL or DP?) I really don't know which one. So the TG that you are talking about is caused by there is FL engulfed down that I bought before so we must check it where the price go...., My question is..... I guess it is true that IF show touch trading as a part or understanding, it is work, and will good as additional trade setup which sometime...

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Quoting beefStew

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{quote} Can i try to answer this chart too? My guess is because the green FL is the first flip FL? Is this similar to the DP on the question i tried to answer before?

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Quoting ahdat

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{quote} You got it. This was the last distinct dp in the whole move. Very powerful areas for price to reverse, or at least bounce. When you start learning to find these areas, you'll see price is very likely to at least give you a bounce, if not the actual reversal. In our case, price created a fake low, only to FO to here. Price likes to set itself up like this. Now I never "know" that price will reverse here, but it is very likely based on how price has been behaving. Very well worth the risk to reward if you can find it. {image} {image}

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Quoting charvo

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ahdat answered, but i'm bored, so draw it too. edited: checked chart, glad i'm right {quote} {image}

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Quoting ahdat

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{quote} Sorry I'm having a bit of trouble understanding but i'll try my best: You can have big R with QM and DM. You might even have better R with QM/DM than TT, it just depends on the trade and how patient you are. TT small zones is one of the hardest parts of RTM. You really need to understand RTM more before you can TT small zones like IF and other good rtm traders. Sometimes it looks easy finding small zones, but we are applying ALOT of analysis to find that tiny zone. My head hurts trying to find those zones and i get lazy and make mistakes....

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Quoting beefStew

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{quote} i kind of understand this one. kinda. Based on this understanding i tried to find "the better zone" on previous question. I marked the first FL flip in M5 TF because im on mobile right now and the M1 history data is not enough to scroll that far. {image}

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Quoting hendzwoter

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{quote} Yupz... Like I guess so..... I guess I will live soon. With a very small account ofcourse. Thanks.

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Quoting hendzwoter

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By the way, May be there is a reason this touch trade doesn't make really R. I guess it is. Cause it is not a complete setup. {image}

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