ReadtheMarket - Supply and Demand with Price Action | Page 314 | 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

  • #6,261
  • May 15, 2020 9:38pm May 15, 2020 9:38pm
Quoting AhmedYahya
{quote} ok, its the levels ahdat , the big why? im trying to figure out the process, i could pinpoint where in the engulf it turns, but which engulf exactly. your contribution is highly appreciated {image}
This is my analysis of your questions. Price does not bounce at every level, but in general - the higher you are the curve, the stronger the supply and vice versa for demand levels.

Remember we are looking for tricks being played into tricks played in the past. The obvious levels are where the retailers are likely to enter, so we must take a look at these levels.

Also, my understanding is that price goes from LS , Flag Limit to LS Flag Limits on their respective time frames. So those small bounces are in fact bouncing to their next target most of the time. When they are not is where we know the ITs intentions of where they want price to go.

Example: Price engulfs a Lower Flag Limit on 4hr, but does not reach the next level below, we then know that ITs are looking to take price to that Lower Flag limit that has not been filled yet. So we take a trade at a good level where they can. That 15min level was within your 4hr FTR, making it a 4hr level, that filled the range that the last engulf did not.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 130 KB
  • #6,262
  • May 15, 2020 9:44pm May 15, 2020 9:44pm
Quoting rocky1999
{quote} This is my analysis of your questions. Price does not bounce at every level, but in general - the higher you are the curve, the stronger the supply and vice versa for demand levels. Remember we are looking for tricks being played into tricks played in the past. The obvious levels are where the retailers are likely to enter, so we must take a look at these levels. Also, my understanding is that price goes from LS , Flag Limit to LS Flag Limits on their respective time frames. So those small bounces are in fact bouncing to their next target...
Edit: also take into account that price is in a monthly demand zone below. So your 4hr levels may not hold against a huge demand level below.

We need to absorb all factors that the market gives us, it may very well work, but the higher time frames of course might have much more strength than a LTF level.
  • #6,263
  • May 16, 2020 4:59am May 16, 2020 4:59am
Quoting Enlightenme
{quote} Ever since Tj mentioned FOF (around this month or last month), I tried to look for Salivan's post, but haven't found any so far. Also, I also have no access to RTM anymore. Yes I think taking screenshots is a given for any serious trader (I think Mike Bellafiore said something like that and of course, IF). It was draining so I don't do as much as before, but it paid off as I compare to what IF and Fxyogi posted. I've actually been analyzing multiple timeframes just as IF mentioned before. It used to be crazy and I overlooked things several...

Salivan's FOF theory is translated in this PDF

Attached File(s)
File Type: pdf Free-Order-Flow.pdf   291 KB | 1,883 downloads
  • #6,264
  • May 18, 2020 3:08pm May 18, 2020 3:08pm
Hi. Used to be pretty active on RTM back in 2012 to 2016 ish. Had a bunch of journal and homework stuff there. Life changed and I left trading behind. Now life has changed again (well, for all of us, I guess) and thought it a good opportunity to get my head back into it. I did a bunch of videos that I placed on RTM, and made it to associate prior to the paywall.

I'll be lurking for a bit, but wanted to say hello.
  • #6,265
  • May 18, 2020 6:42pm May 18, 2020 6:42pm
Does this look familiar TJ?
Attached Image (click to enlarge)
Click to Enlarge Name: TJ1 SETUP.png Size: 75 KB
if you can't explain it simply you don't understand it well enough
  • #6,266
  • May 19, 2020 3:17am May 19, 2020 3:17am
Quoting AhmedYahya
Does this look familiar TJ? {image}
I was looking at your past few posts.. seems you are almost picking up the correct engulfs and reactions.. Let me give you one good advice, which I learnt myself the hard way.

Before you mark your FL/Zone where you usually place your order, mark all other FLs, that the price i reacting. You have to do that from Left side to right side of the chart. Then for sure, you know which low, high reacted to which FL, if there is a low or high which is not reacting to any of your FLs, that my friend.. is an engulf! Look carefully where price went after that engulf. It definitely goes to the next FL in the direction of engulf. Now, this engulf creates a mucher bigger FL. Mark them also.. Those are the important FLs, that you. might miss. I will give you an example when I find some time, I found a great example of this senario in EURUSD chart today.. I will post it in few hours.. Remember.. don't try to curve fit anything, if you do so, you will not find any engulfs.. Mark all the FLs from left to right. It may take few days to form an engulf or may be few minutes depending on the time frame you choose to trade.. usually It takes few days for me as I am trading in higher time frames.. So yeah there is lots of waiting time..

Please check below image of yours.. Check the purple circles.. Mark what did those lows/highs reacted to..
Attached Image (click to enlarge)
Click to Enlarge Name: TJ1 SETUP.jpg Size: 162 KB
  • #6,267
  • Edited 3:27pm May 19, 2020 1:25pm | Edited 3:27pm
Quoting Tj1
Salivan's FOF (in my view) {image} Explanation : 1. Major engulf, with mpl reacted to proper level. {image} 2. Opposite of the engulf is broken {image} 3. Then Origin down. We take it's upper edge : {image} 4. Game here to hide FOF level. it's also a FL {image} 5. Entry on FOF LS and stop above FL : {image}
some doubts
Attached Image(s) (click to enlarge)
Click to Enlarge Name: download (1).png Size: 110 KB
Click to Enlarge Name: download.png Size: 118 KB
Click to Enlarge Name: Screenshot1.png Size: 84 KB
Click to Enlarge Name: zzzz.png Size: 117 KB
Click to Enlarge Name: tjschematic.png Size: 12 KB
if you can't explain it simply you don't understand it well enough
  • #6,268
  • May 20, 2020 12:06am May 20, 2020 12:06am
Where is QM and FTR Trade...?
I see nothing here...

I know this is a dead thread....
And many of you make this gone from original form...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_2020-05-20-12-08-45-184_net.metaquotes.metatrader4.jpg Size: 241 KB
Hendzwoter here.
  • #6,269
  • May 20, 2020 7:24pm May 20, 2020 7:24pm
Quoting Tj1
{quote} Took me 2 full months with around 60 hours a week. FT + Salivan. Who better is subjective.
Lurking the thread and wanted to ask who FT is? plus you and a few others are keeping this place alive. thank you for your contribution.
  • #6,270
  • May 21, 2020 5:43am May 21, 2020 5:43am
Quoting chomi0311
{quote} Lurking the thread and wanted to ask who FT is? plus you and a few others are keeping this place alive. thank you for your contribution.

FT = Forex Tester
  • #6,271
  • May 21, 2020 5:55am May 21, 2020 5:55am
Quoting megalith
Where is QM and FTR Trade...? I see nothing here... I know this is a dead thread.... And many of you make this gone from original form... {image}
I understand your feeling Hendzwoter. Some of the analysis are deviated from the RTM concepts. But if you like, you can strictly stick to the RTM concept only. Refer to FxYogi's charts. They are pure RTM. If you dont understand any of his charts you can question. May be we can help in any possible way.

Why don't you first mark daily FLs in your chart? Mark all the FLs. Then go down to H4 -> H1 and mark the FLs. You cannot see a QM/FTR or whatever in a naked chart. You have to first mark them.
  • #6,272
  • Edited 10:50am May 22, 2020 2:50am | Edited 10:50am
Quoting Enlightenme
{quote} I just got back and I realized Ahdat might not be back for a while or ever
I've been thoroughly convinced i dont trade RTM and that my charlatan and[insert other pompous adjective] style of explaining things will only lead you all to the slaughterhouse lol. As much as I'd love to wait another month to see what other interesting characters will come along and find new and colorful ways to hurl insults, it looks like the infamous FF toxicity has gotten to me.

Like i said before, everything you need is to learn is here. There's not much for me to add, which is why i dont like explaining basic concepts over and over again. (although i'd love to go over more advanced concepts as they're much more interesting). You gotta either put in the time to put it all together or put up the money for someone to hold your hand through the process. Or maybe others with more patience will help. I'll see you all in the markets.

Quoting bato
{quote} Hey ahdat, Regarding your GJ PA. Would it be not relevant to consider the ignored supply below the ftr? Thanks {image}
Ah ok I just remembered your PM. So there are good lookin levels all over the place right? Some bounce price, some reverse price, and some don’t do anything. Levels by themselves don’t mean much without the context of the larger story and scale. In this case, it's probably hit some htf level for a short, we get confirmation lower, and that ignored level you found only bounced price back up for a retrace after the engulf. Just because its an ignored level doesn't mean it will reverse price back up. If you look at the other side of a pole, there will always be tons of ignored lvls. Then we get additional confirmation of this short story because of the compression and additional engulfs as price retraces. Focus on the higher scale first, follow that story, then look for the precise zones that fits that story, not the other way around.
RIP RTM - long live Nonsense Trading
  • #6,273
  • May 23, 2020 9:25am May 23, 2020 9:25am
Quoting Tj1
{quote} FT = Forex Tester
What tester software you are using? forex tester is good but quite expensive?
  • #6,274
  • May 23, 2020 2:52pm May 23, 2020 2:52pm
Quoting Tj1
{quote} Another trivk level (FOF for me) : {image} {image}
hey TJ could u plz explain this
if you can't explain it simply you don't understand it well enough
  • #6,275
  • May 26, 2020 7:32am May 26, 2020 7:32am
Quoting benadil
{quote} What tester software you are using? forex tester is good but quite expensive?
Yes, I'm using forex tester.
They have local lower price for some countries.
  • #6,276
  • May 26, 2020 7:34am May 26, 2020 7:34am
Quoting AhmedYahya
{quote} hey TJ could u plz explain this
What to explain ?
  • #6,277
  • May 27, 2020 11:42pm May 27, 2020 11:42pm
Quoting fdx
{quote} I understand your feeling Hendzwoter. Some of the analysis are deviated from the RTM concepts. But if you like, you can strictly stick to the RTM concept only. Refer to FxYogi's charts. They are pure RTM. If you dont understand any of his charts you can question. May be we can help in any possible way. Why don't you first mark daily FLs in your chart? Mark all the FLs. Then go down to H4 -> H1 and mark the FLs. You cannot see a QM/FTR or whatever in a naked chart. You have to first mark them.
I already get my own peace of mind. Before I got banned.
Hendzwoter here.
  • #6,278
  • May 28, 2020 7:18am May 28, 2020 7:18am
Quoting megalith
{quote} I already get my own peace of mind. Before I got banned.
I thought you changed your name.
I did not know you got banned
  • #6,279
  • May 28, 2020 9:29am May 28, 2020 9:29am
Quoting megalith
{quote} I already get my own peace of mind. Before I got banned.
Hi again. I'd be truly interested to hear what your preferred definition of the RTM method is. I can't quite figure out what aspects of RTM you favour.

Is it flag limits, engulfed without hitting the target, trade on the retrace?

Is it following the left shoulder ITs and trading from one LSK to the next?

Do you use compression in your analysis? Scalp and See? There were a lot of different methods used within the RTM community, so I'm not sure what the most pure method looks like. I think it may be subjective to a degree, but if there is a concrete definition I'd love to hear it.
Call me FT if it's easier. Still demo trading.
  • #6,280
  • May 28, 2020 10:36am May 28, 2020 10:36am
I am here just for fun.
What I believe time will answer.

RTM is a true thing.

Less time on forum but chart.

IF is not a liar.
Hendzwoter here.
1 trader viewing now