So I closed this early. May be I panicked. It was a nice engulf up. with 5 or 4R if I held it longer 
ReadtheMarket - Supply and Demand with Price Action
- #6,682
- Edited 5:08pm Aug 3, 2020 4:53pm | Edited 5:08pm
{quote} {image}
good discussion Copis thank you mate, I wait your feedback
{quote} {image}the yellow rectangle is not important so it is a valid engulf , i went home i opened the chart I looked further to the left and got this analysis. good discussion Copis thank you mate, I wait your feedback
i simplified for myself for that maybe is better i don't post here any of my Charts it can confused other traders.
for me first important is to see the structure of the market to see what is important (for me) and what is useless
aka Liquinvest
{quote} Brilliant but only half to the puzzle. Why would they choose o engulf the area of confluence apart from filing the orders? Its through emotions that orders are being made and done in advance. When traders are buying or selling in a panic mode, its usually with emotions. Hence, for them to conjure this emotion to extend their game of pricing, they need to know where and when you've sold. Most of the time people often reminiscent the money they'd loss and it's "this level and that level". But what happened when price goes back to the level...
{quote} here you have my view i know i see it slightly different but thats my main drawing (here without any CP's and so on) only my zone that for me is important and the reaction i simplified for myself for that maybe is better i don't post here any of my Charts it can confused other traders. for me first important is to see the structure of the market to see what is important (for me) and what is useless {image}
I am one of the subscribers to you
{quote} Please copis post your chart and analysis we are learning from you, i rectified my analysis after looking further to the left, I like your charts just sometimes they miss information from the left
aka Liquinvest
repetition of the same things, but the good entry is a kind of luck within vicinity.
often the time, one either misses the trade or price hits the sl.
pursuing the higher return with tight sl would ideal, however within the vicinity, sl can be negotiated. after all, this game is not to hit a home run every trade, but keeps winning most of time. 
often the time, one either misses the trade or price hits the sl.
pursuing the higher return with tight sl would ideal, however within the vicinity, sl can be negotiated. after all, this game is not to hit a home run every trade, but keeps winning most of time.
