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ReadtheMarket - Supply and Demand with Price Action

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  • Post #7,801
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  • May 2, 2023 9:44am May 2, 2023 9:44am
  •  Hoplite
  • | Joined Sep 2022 | Status: Non-member | 58 Posts
Quoting frwrd
Disliked
{quote} Hi fdx, I follow your posts and know you are familiar with rtm stuff. Would you elaborate more on your question ("Price must hit a opposite FL in order for that kink to be a FL")? If possible to draw on Amart83's chart, thank you. {image}
Ignored
sorry to interupt your conversation i know u didnt ask me but i have an idea,if the kink dosent reach the other kink in aprouch it may back and flag extend,that
is to say every FL support price to go to its goal,then if a flag reach another flag it means we have a complete FL
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  • Post #7,802
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  • May 2, 2023 11:47am May 2, 2023 11:47am
  •  frwrd
  • | Joined Jul 2017 | Status: Member | 49 Posts
Quoting Hoplite
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{quote} sorry to interupt your conversation i know u didnt ask me but i have an idea,if the kink dosent reach the other kink in aprouch it may back and flag extend,that is to say every FL support price to go to its goal,then if a flag reach another flag it means we have a complete FL {image}
Ignored
Thank you second example explained it.
 
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  • Post #7,803
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  • May 3, 2023 9:21am May 3, 2023 9:21am
  •  TrAndy1
  • Joined Feb 2022 | Status: Hedge Fund Trader & $1.4m Prop | 1,267 Posts
Possible moves according to FOMC decision today and its likelyhoods opinion based.
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  • Post #7,804
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  • May 4, 2023 12:59am May 4, 2023 12:59am
  •  fdx
  • Joined Jan 2017 | Status: Member | 256 Posts
Quoting frwrd
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{quote} Hi fdx, I follow your posts and know you are familiar with rtm stuff. Would you elaborate more on your question ("Price must hit a opposite FL in order for that kink to be a FL")? If possible to draw on Amart83's chart, thank you. {image}
Ignored
Hi frwrd,
Sorry for the delay. Here is the explanation.
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  • Post #7,805
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  • May 4, 2023 11:34am May 4, 2023 11:34am
  •  frwrd
  • | Joined Jul 2017 | Status: Member | 49 Posts
Quoting fdx
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{quote} Hi frwrd, Sorry for the delay. Here is the explanation. {image}
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Thank you for help. If you can answer my questions it would be great.
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  • Post #7,806
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  • May 4, 2023 2:32pm May 4, 2023 2:32pm
  •  fdx
  • Joined Jan 2017 | Status: Member | 256 Posts
Quoting frwrd
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{quote} Thank you for help. If you can answer my questions it would be great.{image}
Ignored
You need to wait till price reaches the upper FL(Supply). Then only we have a FL at blue zone.
 
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  • Post #7,807
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  • May 4, 2023 2:57pm May 4, 2023 2:57pm
  •  frwrd
  • | Joined Jul 2017 | Status: Member | 49 Posts
Quoting fdx
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{quote} You need to wait till price reaches the upper FL(Supply). Then only we have a FL at blue zone.
Ignored
Thank you, from now on it will not confuse me.
 
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  • Post #7,808
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  • May 5, 2023 7:54am May 5, 2023 7:54am
  •  soudeep
  • | Joined May 2023 | Status: Member | 18 Posts
I still hevent reach the target of eurusd,after reach the tg,after reaching the tg,the pa should be checked downward
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  • Post #7,809
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  • May 5, 2023 9:17am May 5, 2023 9:17am
  •  TrAndy1
  • Joined Feb 2022 | Status: Hedge Fund Trader & $1.4m Prop | 1,267 Posts
+10% this first week in May, very well started. Let's see what I can do for the full month of May for my hedge fund account. Actually very happy.
 
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  • Post #7,810
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  • May 6, 2023 10:52am May 6, 2023 10:52am
  •  soudeep
  • | Joined May 2023 | Status: Member | 18 Posts
In the dollar-yen index, I expect the price to reach the red boxes in daily time, and I think we can move down from them.
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  • Post #7,811
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  • May 6, 2023 11:00am May 6, 2023 11:00am
  •  soudeep
  • | Joined May 2023 | Status: Member | 18 Posts
I will check the price behavior for entry after the price reaches that area
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  • Post #7,812
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  • May 6, 2023 11:29am May 6, 2023 11:29am
  •  soudeep
  • | Joined May 2023 | Status: Member | 18 Posts
Quoting TrAndy1
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+10% this first week in May, very well started. Let's see what I can do for the full month of May for my hedge fund account. Actually very happy.
Ignored
Good luck,
it will definitely go well. I saw your profile. You have been trying for a long time.
Hardworking people will definitely succeed in the end.
 
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  • Post #7,813
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  • Edited 1:53pm May 6, 2023 1:27pm | Edited 1:53pm
  •  TrAndy1
  • Joined Feb 2022 | Status: Hedge Fund Trader & $1.4m Prop | 1,267 Posts
Quoting soudeep
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{quote} Good luck, it will definitely go well. I saw your profile. You have been trying for a long time. Hardworking people will definitely succeed in the end.
Ignored
Thanks. Indeed hardworking is needed everywhere when you want to master anything. My credo. I spent countless 100 hours weekly for many years for obtaining my edge. It is said that in 10000 hours (minimum) you can be a master when you worked hard. But I believe that you need 40000 to 50000 hours totally to be any expert.
 
 
  • Post #7,814
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  • May 7, 2023 5:12am May 7, 2023 5:12am
  •  Hoplite
  • | Joined Sep 2022 | Status: Non-member | 58 Posts
Quoting soudeep
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In the dollar-yen index, I expect the price to reach the red boxes in daily time, and I think we can move down from them. {image}
Ignored
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  • Post #7,815
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  • May 7, 2023 5:34am May 7, 2023 5:34am
  •  soudeep
  • | Joined May 2023 | Status: Member | 18 Posts
Quoting Hoplite
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{quote} {image}
Ignored
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  • Post #7,816
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  • May 7, 2023 12:42pm May 7, 2023 12:42pm
  •  Hoplite
  • | Joined Sep 2022 | Status: Non-member | 58 Posts
Quoting soudeep
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{quote} {image}
Ignored
well done tnx.
IMHO
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  • Post #7,817
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  • Edited 11:46am May 8, 2023 5:55am | Edited 11:46am
  •  soudeep
  • | Joined May 2023 | Status: Member | 18 Posts
Quoting soudeep
Disliked
{quote} {image}
Ignored
In the first chart, I saw Box Abbey as a target, but it is Ingulf.As we know, ingolfs are also targets to become ingolfs.In this picture, in my opinion, the main target of the USDJPY is around 124.I expect to go from red boxes to blue boxes
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  • Post #7,818
  • Quote
  • May 9, 2023 5:21am May 9, 2023 5:21am
  •  soudeep
  • | Joined May 2023 | Status: Member | 18 Posts
Quoting Hoplite
Disliked
{image}
Ignored
I see the same thing as you in Australia, but I see the above in golf. Do we have the same opinion?
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  • Post #7,819
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  • May 9, 2023 5:43am May 9, 2023 5:43am
  •  classy
  • Joined Jun 2012 | Status: Trader , Analyst and Mentor | 4,909 Posts
Quoting rocky1999
Disliked
hey all, i have been able to create some rectangle and trendline extenders/ flatteners to assist me in my trading. I know it is very time consuming to do this manually, so i will post them here for free to make our lives easier! Edit: It should automatically update with new price changes, but it you can simply change time frame and back if it is not extending automatically! {file} {file} {file} {file}
Ignored
hi friends is it possible to control extention(on/off/pause) .i mean if i want extend than extent or not because we need tradintion trendline for technical analysis chart/pairs.thanks in advance
Say something meaningful or Silence!!
 
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  • Post #7,820
  • Quote
  • May 9, 2023 10:38am May 9, 2023 10:38am
  •  TrAndy1
  • Joined Feb 2022 | Status: Hedge Fund Trader & $1.4m Prop | 1,267 Posts
Made another +5% this week so far, in total I am up +15% this month in May until today for my hedge fund account. Things are going well again this month. Let's see.
 
 
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