ReadtheMarket - Supply and Demand with Price Action

Quoting ahdat

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{quote} You can even go down to the ticks, and PA will still be the same. Makes it obvious its all run by algorithms. Heres a recent example {image} {image}

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Quoting beefStew

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{quote} Ahdat, is it possible for an HTF engulf to happen after the LTF one instead of before like your example?

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Quoting ahdat

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{quote} If I’m understanding your question, it’s possible, but that’s just by luck. Higher tf engulf always take precedence. If you don’t have a higher tf engulf you should only trade to the ltf tg edit: I think I understand your question better. What you can do is take tg1 at the Ltf then let it ride to your higher tf tg w/o the engulf. It’s riskier, and you maybe have to do this a couple of times before you catch it. In the case of my example, tg1 would have succeeded, but ftg would have failed. I didn’t take this trade because I wanted price...

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Quoting beefStew

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{quote} So the best scenario is HTF engulf happens first before the LTF ones right? Otherwise we should take profit on LTF target. Thanks ahdat for the help!

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Quoting PrinceCharm

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Don’t give up. {image} {image}

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Quoting fdx

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{quote} Hello PriceCharm, is this a touchtrade or confirmation based on engulf? if it is the latter case, will you be able to point out where the engulf occurred? Thanks

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Quoting ahdat

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{quote} Correct. Consistent big trades come from following the htf engulf/direction. Guessing on htf direction leads to a lot of BE, frustration, and inevitably trading mistskes

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Quoting PrinceCharm

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{quote} Got a little confused on your question but this is a touch trade with the confirmation of an engulf. Trading is only acceptable when PA is present, otherwise good luck with market misdirection. I have provided levels in which the move originated from. I am challenging you to find where the engulf occurred for yourself. If you can figure out this piece of the puzzle consistently then you have completed 80% of solving the order flow algorithm. Think think think!

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Quoting fdx

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{quote} Sorry about the confusion, by touch trade, I meant without any confirmation engulf, trading a bounce at a specific key level, probably monthly Lsk. I will give it a try. thanks

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Quoting PrinceCharm

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{quote} Got a little confused on your question but this is a touch trade with the confirmation of an engulf. Trading is only acceptable when PA is present, otherwise good luck with market misdirection. I have provided levels in which the move originated from. I am challenging you to find where the engulf occurred for yourself. If you can figure out this piece of the puzzle consistently then you have completed 80% of solving the order flow algorithm. Think think think!

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Quoting PrinceCharm

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{quote} Got a little confused on your question but this is a touch trade with the confirmation of an engulf. Trading is only acceptable when PA is present, otherwise good luck with market misdirection. I have provided levels in which the move originated from. I am challenging you to find where the engulf occurred for yourself. If you can figure out this piece of the puzzle consistently then you have completed 80% of solving the order flow algorithm. Think think think!

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Quoting Theodore8882

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oh another thing,which broker do you guys use for historical data n such...or where do u find quality historical data?pls kindly let me know thanks..

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Quoting fdx

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{image} {quote}

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Quoting Tj1

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{quote} fdx, can you tell me why we should not share this things here ??? {image} {image} {image} {image} {image} {image} {image} {image} {image} {image}

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