ReadtheMarket - Supply and Demand with Price Action | Page 279 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Readthemarket (Ifmyante) - Is it legit stuff or not? 19 replies

Price Will Tell - Supply/Demand Price Action Trading 1,858 replies

Price Action + Demand & Supply Zone + Money Management 0 replies

Price movement as a function of Supply and Demand 43 replies

Suppy, Demand and Price Action 28 replies

Attachments: ReadtheMarket - Supply and Demand with Price Action
Exit Attachments

ReadtheMarket - Supply and Demand with Price Action

  • #5,561
  • Oct 12, 2019 5:56am Oct 12, 2019 5:56am
Quoting Tj1
{quote} i think overall, great {image}
Thank you bro
  • #5,562
  • Oct 12, 2019 5:59am Oct 12, 2019 5:59am
Quoting Tj1
{quote} One more : {image} {image} {image} see the rest in 2 zip files : if interested then send me a personal message for the password {file} {file}
Hallo Tj1, I want password for open the zip. Can u send to me?
  • #5,563
  • Oct 16, 2019 12:57am Oct 16, 2019 12:57am
Hai TJ1 Thank you for your pic
I want ask
after marking that level, when do we trade at that level?
most people (including me) will trade at ftb which is at number 1, but when we trade at ftb it's clear it will hit our SL.
the best time to trade the level is at number 2, but how do you know when to trade, do you have the clue?
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 150 KB
  • #5,564
  • Edited 4:38am Oct 16, 2019 4:19am | Edited 4:38am
Quoting ryand7
Hai TJ1 Thank you for your pic I want ask after marking that level, when do we trade at that level? most people (including me) will trade at ftb which is at number 1, but when we trade at ftb it's clear it will hit our SL. the best time to trade the level is at number 2, but how do you know when to trade, do you have the clue? {image}
from a monthly perspective i wont trade at 1 because ther is no engulf from the fakout(the arrow) to x (x maybe the price has hit its target) after x the price went into an uptrend engulfing the fakout at the arrow and entering a compression zone(TWO STUCKED SUPPLIES SO WEAK SUPPLY ZONE) so maybe the price will go higher to the upper supply I wont trade at 2 as well from a monthly perspective or scale

thats my thoughts keep posting questions we want all to learn here
  • #5,565
  • Oct 16, 2019 6:23am Oct 16, 2019 6:23am
Quoting benadil
{quote} from a monthly perspective i wont trade at 1 because ther is no engulf from the fakout(the arrow) to x (x maybe the price has hit its target) after x the price went into an uptrend engulfing the fakout at the arrow and entering a compression zone(TWO STUCKED SUPPLIES SO WEAK SUPPLY ZONE) so maybe the price will go higher to the upper supply I wont trade at 2 as well from a monthly perspective or scale thats my thoughts keep posting questions we want all to learn here
What do you think if "x" is engulf. will you trade?
What engulf are you looking for? Must engulf the blue box or lowest ? Or enough engulf "x" ?
  • #5,566
  • Oct 16, 2019 6:33am Oct 16, 2019 6:33am
Quoting ryand7
{quote} What do you think if "x" is engulf. will you trade? What engulf are you looking for? Must engulf the blue box or lowest ? Or enough engulf "x" ?
x should engulf a low clear a demand level
  • #5,567
  • Oct 16, 2019 3:12pm Oct 16, 2019 3:12pm
Quoting ryand7
Anyone, can help my marking correction. can the area be good for sell there? {image}
It can be good, or it can not be good...
What does HTF tell you (Top-Down Analysis)?
What will you do, in LTF , when price arrives to your zone?
and How will you deal with money management?
Think deep...

regards
fex
Newbie trader
  • #5,568
  • Oct 18, 2019 8:43am Oct 18, 2019 8:43am
pls anyone help me to explain to what is QM and FL,i didnt see anybody explain about it,thank you
  • #5,569
  • Oct 19, 2019 4:49am Oct 19, 2019 4:49am
Quoting bocet
pls anyone help me to explain to what is QM and FL,i didnt see anybody explain about it,thank you
for QM = Quasimodo there is a whole thread about it called up and under price pattern( different name for same thing ) here at FF
FL = Flag Limit see pic ( you can also call it Drop base Drop in this case ... again different names for same thing :-) )
Attached Image (click to enlarge)
Click to Enlarge Name: Image3.png Size: 17 KB
Attached Images
May the Sheen be with you....
  • #5,570
  • Oct 19, 2019 4:51am Oct 19, 2019 4:51am
Quoting Trueman23
{quote} for QM = Quasimodo there is a whole thread about it called up and under price pattern( different name for same thing ) here at FF FL = Flag Limit see pic ( you can also call it Drop base Drop in this case ... again different names for same thing :-) ) {image} {image} {image}
wow very nice
thank you my friend
  • #5,571
  • Oct 19, 2019 6:37am Oct 19, 2019 6:37am
Quoting ryand7
Hai TJ1 Thank you for your pic I want ask after marking that level, when do we trade at that level? most people (including me) will trade at ftb which is at number 1, but when we trade at ftb it's clear it will hit our SL. the best time to trade the level is at number 2, but how do you know when to trade, do you have the clue? {image}
This tells me wait until price comes down close to blue rectangle area. Buy when it’s low and close at highest red rectangle market as MN Target.
  • #5,572
  • Oct 19, 2019 6:45am Oct 19, 2019 6:45am
Quoting Trueman23
{quote} for QM = Quasimodo there is a whole thread about it called up and under price pattern( different name for same thing ) here at FF FL = Flag Limit see pic ( you can also call it Drop base Drop in this case ... again different names for same thing :-) ) {image} {image} {image}

What about this ?

Attached Image (click to enlarge)
Click to Enlarge Name: CA0640A5-438D-42D9-821E-F459D429CD88.jpeg Size: 243 KB
  • #5,573
  • Oct 19, 2019 2:16pm Oct 19, 2019 2:16pm
Quoting Tj1
{quote} What about this ? {image}
the pic i posted is not mine own drawing its from the RTM guys themself ..you can find it in the www and it shows a textbook example ..as we know textbook is very rare in real time markets so the drawing you added could happen in real time ..no question ...
as i personaly trade stuff like this in another way iam not qualified to answer the questions in the way rtm guys will answer i just can say what i Would do in case i Would trade it like that ..and my answer would be you have to widen up the green box to the high and low / top and botom of this swings ...or simply skip this forming set up as it is not clear enough for what you want to see before considering a trade

but my intention was just to answer the question of bocet and show the definition of a FL from rtm so he knows what everybody is taking about when he reads FL or QM etc.
when i see your posts i am sure you have more experience in trading it like the original teaching and you might have a better answer to your own question ;-)
May the Sheen be with you....
  • #5,574
  • Oct 19, 2019 3:45pm Oct 19, 2019 3:45pm
Quoting Trueman23
{quote} the pic i posted is not mine own drawing its from the RTM guys themself ..you can find it in the www and it shows a textbook example ..as we know textbook is very rare in real time markets so the drawing you added could happen in real time ..no question ... as i personaly trade stuff like this in another way iam not qualified to answer the questions in the way rtm guys will answer i just can say what i Would do in case i Would trade it like that ..and my answer would be you have to widen up the green box to the high and low / top and botom...

Blue circle can be fake.
Picture is not correct.
  • #5,575
  • Oct 19, 2019 3:49pm Oct 19, 2019 3:49pm
Quoting Trueman23
{quote} the pic i posted is not mine own drawing its from the RTM guys themself ..you can find it in the www and it shows a textbook example ..as we know textbook is very rare in real time markets so the drawing you added could happen in real time ..no question ... as i personaly trade stuff like this in another way iam not qualified to answer the questions in the way rtm guys will answer i just can say what i Would do in case i Would trade it like that ..and my answer would be you have to widen up the green box to the high and low / top and botom...

RTM is Actually what happens in the market. Concept is the same as reality.
  • #5,576
  • Oct 19, 2019 4:17pm Oct 19, 2019 4:17pm
Quoting Tj1
{quote} Blue circle can be fake. Picture is not correct.
as i said its an original from the RTM teaching not mine and should show a correct FL per their own definition..
i also trade stuff my way ....
anyway feel free to show your FL definition or the correct FL pattern so everybody who want to learn it can do so .... i have nothing further to discuss here about FL due to the fact that i dont use it this way and i dont want to interupt the thread with different methods etc :-)

just wanted to be friendly and give an explanation whats behind FL and QM cause somebody asked for it ... no offense my friend
May the Sheen be with you....
  • #5,577
  • Oct 19, 2019 4:33pm Oct 19, 2019 4:33pm
Quoting Trueman23
{quote} as i said its an original from the RTM teaching not mine and should show a correct FL per their own definition.. i also trade stuff my way .... anyway feel free to show your FL definition or the correct FL pattern so everybody who want to learn it can do so .... i have nothing further to discuss here about FL due to the fact that i dont use it this way and i dont want to interupt the thread with different methods etc :-) just wanted to be friendly and give an explanation whats behind FL and QM cause somebody asked for it ... no offense my...
Trueman, no offense my side.
original from the RTM - chart is someone’s wrong view, not rtm concept.

No offense as well, cheers brother
  • #5,578
  • Oct 20, 2019 2:07pm Oct 20, 2019 2:07pm
Quoting Tj1
{quote} Trueman, no offense my side. original from the RTM - chart is someone’s wrong view, not rtm concept. No offense as well, cheers brother
Hello Tj1,
Sorry to interrupt but that graphic was made by Harry.
  • #5,579
  • Oct 20, 2019 2:49pm Oct 20, 2019 2:49pm
Quoting bato
{quote} Hello Tj1, Sorry to interrupt but that graphic was made by Harry.
Hi bato,
Don’t idealize people.
  • #5,580
  • Oct 20, 2019 5:03pm Oct 20, 2019 5:03pm
Completely agree Tj1
3 traders viewing now, 1 is registered: