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Price Will Tell - Supply/Demand Price Action Trading 1,854 replies

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Price movement as a function of Supply and Demand 43 replies

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

Imagine that trading is so very easy if what you expect is not something very less drawdown but a trade.

Cause what?
Every QM thing that works to the pip is ........
Yeah I guess it caused by experience.
You know IF that take trade to the pip.
Who is he?
A very experienced trader, isn't he?

Lower your expectations and start trading very simple easy basic thing from the first chart of this thread.

Later you can make it to the very pip just by experience.
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First arrow is expecting that this must be work but not.
Second arrow is when I see something just the same with the first chart of this thread then get in.
Yes I am that stupid. Very newbie.
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Trading cheat sheet:
PARTY

Past is when the very first signal appears.
Approaching is when we use our telescope.
Reaction is when we see the same thing from the first chart of this thread.
Thank
You.
Quoting Keyador
{quote} Nice post Fxyogi, thank you for sharing this! What do you think about this setup in EURUSD? I was waiting for price to FO higher. {image} {image}
Hi Keyador,

I would have skipped this. Price didn't hit the origin before it engulf so no trade

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Quoting AnotherDay
{quote} keep update here brothers, im always waiting and wathing your chart. i dont know why your settup on CHFJPY happen to me too. -5 i think SL must be upper FL CMIIW {image} {image}
i didnt see any sell signal in this.
Today is a weird day to me.

May I say that FTR trade is smoke and mirror thing too?

But I can't blame IF cause as always he has already told the truth.

Touch Trade is virtue.
https://www.tradingview.com/x/3RRnESTb
Modern diamond trade. Even no engulf a trade plan is prepared around the diamond concept. R:R ratio is 1:3

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Quoting Fxyogi
Modern diamond trade. Even no engulf a trade plan is prepared around the diamond concept. R:R ratio is 1:3 {image}
I don't know FX Yogi.
Yesterday I was a fan of you.
Sorry I can't be a polite person.
Quoting Ifmyante
Glad it's working for you No, RTM is till running
Hi IFmyante,
I guess many member of readthemarket.com still don't know how to trade properly.
I'm not disappointed.
That makes me happy.
My blood and sweat with your free thing is best choice for me.
But I can't blame you IF.
No spoon feeding is good conduct.
But I don't know why that thing makes me so sad.
I guess my 4 years of learning is not really the longest path that I have. Compare to every RTM learner.

Whatever, I must say thanks to you IF.

By the way,
I must admit that I hate you IF when I post chart to you and you answer that my chart is nothing different with your chart and I feel like yeah now I know how to trade then. NO!

Your free lurker,
Hendzwoter
Quoting Ifmyante
Looks like they're the same {image}
I mean this IF.
But I must admit too that you are a polite person.
Quoting Fxyogi
Modern diamond trade. Even no engulf a trade plan is prepared around the diamond concept. R:R ratio is 1:3 {image}
its open my minds.
thank a lot for sharing.
but i have a big problem in minds. when price reach QM and not engulf, and retrace , the next when price coming again is to reach Fractal and Qm the lastest? or still the original QM?
are the QM used to made symetry and keep the level?

im alredy use fxtester and sometime give me good point of view but sometimes made me confuse.

hope you can answer this. although using image.
"Always another day to Trade"
Quoting Fxyogi
Modern diamond trade. Even no engulf a trade plan is prepared around the diamond concept. R:R ratio is 1:3 {image}
Hey mate,
So that EJ was intentionally missed by the IT? I also marked that one and i thought its just another trade i missed. How do we figure out which ones is intentionally missed and which ones are my mistakes?
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Also on EU, i have a similar trade which i was hoping for an FO of a high but it just respected that high and dropped. Would like to see your view about it
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Thanks!
Ask, and it is given. Every single time, no exceptions.
Quoting AnotherDay
{quote} its open my minds. thank a lot for sharing. but i have a big problem in minds. when price reach QM and not engulf, and retrace , the next when price coming again is to reach Fractal and Qm the lastest? or still the original QM? are the QM used to made symetry and keep the level? im alredy use fxtester and sometime give me good point of view but sometimes made me confuse. hope you can answer this. although using image.
Didnt really get what you mean.
Quoting beefStew
{quote} Hey mate, So that EJ was intentionally missed by the IT? I also marked that one and i thought its just another trade i missed. How do we figure out which ones is intentionally missed and which ones are my mistakes? {image} Also on EU, i have a similar trade which i was hoping for an FO of a high but it just respected that high and dropped. Would like to see your view about it {image} Thanks!
What IT does no one knows. But for liquidity reasons Big institutions has to play opposite to us. So it is our assumptions is that we will enter only when retailers under pain . your EU trade is half way in the flag ,putting SL above FL you point out in your graph is not a good idea.
Some more when you play this small scale FL , your origin belongs to larger scale your trade not valid.


Post note- EJ broke bottom limit , need to out now at BE as it may progress down
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Hey Guys,

this is my first post - although I'm reading through this thread for a few months.
Still trying to figure out some things and I thought that it could help me if I post some charts and start interacting :-).

So I was looking at the current Dax Chart and the engulf of the black resistance created the green flag which was engulfed to the south and broke
the next 2 resistances. The purple one was engulfed so as far and we can expect that price wants to go lower and we are looking for to enter at the retracement.
On the way up it engulfed the green flag and created the orange one. That one was now engulfed to the south and price started to retrace but way up my
expactation. So is the expactation that price wants to go lower right, when the purple resistance was broken? But when it engulfed the green one the
orange flag limit was broken to the south so price wants to go lower again but why does ist starts to rising or does the orange flag limit not count because
price created - by engulfing the purple resistance - the big light green flag which was broken to the north? But whats then with our expactation of the engulfing of the purple resistance? I looked more to the left and the low broke even a flag on the left.. maybe someone can give me some hints where my understanding is lagging or which mistakes I made :o

Wish you all a great trading day :-)
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Quoting funte
Hey Guys, this is my first post - although I'm reading through this thread for a few months. Still trying to figure out some things and I thought that it could help me if I post some charts and start interacting :-). So I was looking at the current Dax Chart and the engulf of the black resistance created the green flag which was engulfed to the south and broke the next 2 resistances. The purple one was engulfed so as far and we can expect that price wants to go lower and we are looking for to enter at the retracement. On the way up it engulfed the...
Funte you should check whats more left. This is my quick view.
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Quoting KingBruceLee
{quote} Funte you should check whats more left. This is my quick view. {image}
Ah! That makes sense! Need a lot more practice!
Even the engulf on 4. is now really obvious that after the engulf, price retraced to the flag and shots up to the compression zone - thought it was some kind of FO..

Thank you very much! :-)
Quoting KingBruceLee
{quote} Funte you should check whats more left. This is my quick view. {image}
I think CP is one of the RTM subjects that cause most confusion.
It was always my understanding that to define proper CP we have to drill down to the lowest time frame possible to check which MPL's have ben tagged.
In the case above there are gaps all over the place. I've highlighted one very reactive spot in the middle of your CP (red line). There are a few other spots as well.

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This is a chart marked yesterday, I wasnt sure if this is an engulf or not..Definitely it is an engulf in TFs lower than 1min. A perfect QM that worked today.
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