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ReadtheMarket - Supply and Demand with Price Action

  • #5,121
  • Mar 29, 2019 2:08am Mar 29, 2019 2:08am
Quoting hendzwoter
{quote} Very thank you. Time to say good bye. I am not fit to this. If you know what is low life. That's me. Yeah very poor person, unwealthy and still work for eat. If I see there is wrong I will say that. On my own understanding that makes people/person ............. ( I have very few vocabullary) I guess this will be my last post. Less forum. Stay on real life. Still trade. ( Or may be still learn) Your pray will be bless me. Sorry charvo at this time I am rude. Thanks everybody. This thread makes me to become real trader. I start with...

I love that energy
Let's see how much of it will be used to 29 march 2020. Obviously, i won't be able to see the result, but you will be there.

Successful year to you brother!
  • #5,122
  • Mar 29, 2019 4:16am Mar 29, 2019 4:16am
Quoting ahdat
One of these days i'm going to try and due a pure scalp session on 1 or 2 pairs. It was interesting watching this unfold in the morning. Sometimes price goes into an "order collection" period where it just takes out the next set of fresh orders and highs/lows (for stops), back and forth, back and forth. I guess it can be argued that this is most of the time, just in different time frames. {image}
Hi ahdat then take a look on GU, GJ and EJ. this pairs you can scalp most of the time with 5-10 pips SL and min RR 1:2. I only trade EU and GU (and there JPY cross Pairs GJ and EJ if i get there a better and clearer picture to read).
aka Liquinvest
  • #5,123
  • Mar 29, 2019 4:36am Mar 29, 2019 4:36am
Quoting Copis
{quote} Hi ahdat then take a look on GU, GJ and EJ. this pairs you can scalp most of the time with 5-10 pips SL and min RR 1:2. I only trade EU and GU (and there JPY cross Pairs GJ and EJ if i get there a better and clearer picture to read).
nice yea i use to focus just on those pairs too (and UJ), but that was before i knew what i was doing lol. maybe its time to give it another go. thnx
RIP RTM - long live Nonsense Trading
  • #5,124
  • Mar 29, 2019 4:37am Mar 29, 2019 4:37am
Quoting ahdat
One of these days i'm going to try and due a pure scalp session on 1 or 2 pairs. It was interesting watching this unfold in the morning. Sometimes price goes into an "order collection" period where it just takes out the next set of fresh orders and highs/lows (for stops), back and forth, back and forth. I guess it can be argued that this is most of the time, just in different time frames. {image}
hey sir, can you explain a little concerning scale and symmetry?
  • #5,125
  • Mar 29, 2019 5:45am Mar 29, 2019 5:45am
Quoting AnonymousGee
{quote} hey sir, can you explain a little concerning scale and symmetry?
my chart doesn't deal with that. but do you have any specific questions?
RIP RTM - long live Nonsense Trading
  • #5,126
  • Mar 29, 2019 12:32pm Mar 29, 2019 12:32pm
Quoting ahdat
{quote} my chart doesn't deal with that. but do you have any specific questions?
yes sir, i have tried to imagine if someone gave me a chart with no timeframe wud i be able to trade it correctly? and i came across with issue like fractals, scale and symmetry, but i dont know how these things operate..can you help me ?
  • #5,127
  • Edited 11:15pm Mar 29, 2019 6:23pm | Edited 11:15pm
Quoting AnonymousGee
{quote} yes sir, i have tried to imagine if someone gave me a chart with no timeframe wud i be able to trade it correctly? and i came across with issue like fractals, scale and symmetry, but i dont know how these things operate..can you help me ?
General descriptions of fractals, scale, symmetry has been described many times in this forum and other places, better than how i can ever explain it. In fact there were some posts about it within the last 2-3 weeks in this thread. If you have an actual specific question or chart to look at i can help with that.

Assuming you already have an understanding of the basics (without it any talks of scale will hurt more than help). The best way to "actually" learn this is to take the charts of the proven members here and study them through the lense of scale, in your own charting software. Draw all the features you see in every tf. See what their trade looks like from at least D1 down. Look at their zone, entry, and target. No shortcuts here unfortunately.

With my chart, price was making plays between two clearly defined medium tf zones so we were able to just focus on the m1 chart before it made its move to break out of the channel.

Edit: added the chart with the mtf zones. In terms of thinking about being a "stoploss" trader, this PA is a treasure trove to study from. Almost every move could have been predicted to a certain degree.

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RIP RTM - long live Nonsense Trading
  • #5,128
  • Mar 30, 2019 12:26am Mar 30, 2019 12:26am
Quoting ahdat
{quote} General descriptions of fractals, scale, symmetry has been described many times in this forum and other places, better than how i can ever explain it. In fact there were some posts about it within the last 2-3 weeks in this thread. If you have an actual specific question or chart to look at i can help with that. Assuming you already have an understanding of the basics (without it any talks of scale will hurt more than help). The best way to "actually" learn this is to take the charts of the proven members here and study them through the...
Thanks for the guidance, i have one question though
, i wil upload it soon
  • #5,129
  • Mar 30, 2019 12:28am Mar 30, 2019 12:28am
Quoting ahdat
{quote} General descriptions of fractals, scale, symmetry has been described many times in this forum and other places, better than how i can ever explain it. In fact there were some posts about it within the last 2-3 weeks in this thread. If you have an actual specific question or chart to look at i can help with that. Assuming you already have an understanding of the basics (without it any talks of scale will hurt more than help). The best way to "actually" learn this is to take the charts of the proven members here and study them through the...
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why didnt you exit fully at AA and hold on to exit at BB?
  • #5,130
  • Mar 30, 2019 12:50am Mar 30, 2019 12:50am
BTW, lem go dig more i will come with something from the posts of @selfcontrol
  • #5,131
  • Mar 30, 2019 3:07am Mar 30, 2019 3:07am
Quoting AnonymousGee
{quote} {image} why didnt you exit fully at AA and hold on to exit at BB?
my tg was that orange line above. The next morning price was still mucking around, didn't look it was going to make it, made a little reversal there so i close the rest of the trade. but that wans't the important bit, all that PA should be studied in terms of stoploss.
RIP RTM - long live Nonsense Trading
  • #5,132
  • Mar 30, 2019 3:07am Mar 30, 2019 3:07am
Quoting AnonymousGee
BTW, lem go dig more i will come with something from the posts of @selfcontrol
self control got great charts to study from
RIP RTM - long live Nonsense Trading
  • #5,133
  • Mar 30, 2019 3:37am Mar 30, 2019 3:37am
Quoting ahdat
{quote} my tg was that orange line above. The next morning price was still mucking around, didn't look it was going to make it, made a little reversal there so i close the rest of the trade. but that wans't the important bit, all that PA should be studied in terms of stoploss.
Sir, there is an engulf in point CC and price retraced, why did you enter at point DD? is it the origin of the move ? what made you enter there in relation to stoploss trading
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  • #5,134
  • Edited 8:11pm Mar 30, 2019 8:41am | Edited 8:11pm
Quoting AnonymousGee
{quote} Sir, there is an engulf in point CC and price retraced, why did you enter at point DD? is it the origin of the move ? what made you enter there in relation to stoploss trading {image}
Maybe this helps a little bit (only my view)
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Other view only for understanding
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aka Liquinvest
  • #5,135
  • Mar 30, 2019 1:23pm Mar 30, 2019 1:23pm
Quoting Copis
{quote} Maybe this helps a little bit (only my view) {image} Other view for only for understanding {image}
you opened my eyes mate, i see a lot of weak areas to work on them..
Thanks much
  • #5,136
  • Apr 1, 2019 2:11am Apr 1, 2019 2:11am
Mobile is my absolute favorite.

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  • #5,137
  • Apr 1, 2019 8:20am Apr 1, 2019 8:20am
Quick 12.5R.

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  • #5,138
  • Apr 1, 2019 8:46am Apr 1, 2019 8:46am
Quoting selfcontrol
Quick 12.5R. {image}
I'm in the same trade my friend hehehe
I think it will go higher
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  • #5,139
  • Edited Apr 2, 2019 1:05am Apr 1, 2019 8:52am | Edited Apr 2, 2019 1:05am
Yes, it will go much higher than where I exited.


Edit:
I see it did not, at least not without taking out my position. That's why I always prefer to exit at the secure target, which was between those two levels in this chart. In addition I was leaving work exactly as I exited; still battling demons so no need to bring them home to the family.
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If you look at H4 you see why this is the reaction we got from this.


Another one, no spread added on entry level on this.
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  • #5,140
  • Apr 2, 2019 1:58am Apr 2, 2019 1:58am
Quoting selfcontrol
Quick 12.5R. {image}
Hey sir, i expected a trade to come from the flag limit i marked in red, particulary, an entry at point A and a stoploss at point B . But instead you had a very tiny sl within the flag limit, wat made you buy from there and put a stop loss there?
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