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SRTLfd Discussion

  • #641
  • May 22, 2023 7:13am May 22, 2023 7:13am
Quoting fxpider
NY trade, GU for a quick scalp The back side of the move (TL) and Rejection from Supply {image}
also a qm breaker.
ITB - Seeing Orderliness amongst 'Randomness'
  • #642
  • May 22, 2023 7:17am May 22, 2023 7:17am
Quick USDJPY Scalp Trade using Supply & Demand Zones on 5-Min Chart
Short taken on M5 Supply Zone
Open: 138.55
Close: 138.35

Price eventually touched the Low of 137.99
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Stay Positive
  • #643
  • May 22, 2023 7:20am May 22, 2023 7:20am
Be careful of the approaching ZONE.

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Success = Practice + Patience + Persistence
  • #644
  • May 22, 2023 7:20am May 22, 2023 7:20am
Quoting Inthebox
{quote} gold short continuation qm adv set up {image}
returned to same qm adv level.
done with today.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #645
  • May 22, 2023 7:26am May 22, 2023 7:26am
Quoting Inthebox
{quote} returned to same qm adv level. done with today. {image}
Today, you read and traded the GOLD, like the back of your palm.
Success = Practice + Patience + Persistence
  • #646
  • May 22, 2023 7:27am May 22, 2023 7:27am
Quoting fxpider
Be careful of the approaching ZONE. {image}
also a w1 level and fvg.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #647
  • May 22, 2023 7:40am May 22, 2023 7:40am
Quoting fxpider
{quote} Today, you read and traded the GOLD, like the back of your palm.
it's the key level.
either you trade away from it or trade towards it.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #648
  • May 22, 2023 8:02am May 22, 2023 8:02am
Quoting fxpider
{quote} Today, you read and traded the GOLD, like the back of your palm.
I read this thread every day, and I am blown away. by how precise his chart reading is!
without patience how can you be a trader?
  • #649
  • May 22, 2023 8:08am May 22, 2023 8:08am
Quoting Steverino832
{quote} I read this thread every day, and I am blown away. by how precise his chart reading is!
i know i can't perform like this every day.. so far is 3/4 of the time.
some day i wake up without a clear mind (or have some other matters going on), but go ahead to trade anyway.
ITB - Seeing Orderliness amongst 'Randomness'
  • #650
  • May 22, 2023 10:40am May 22, 2023 10:40am
recognize patterns
learn to use patterns
create your own patterns

Inserted Video
ITB - Seeing Orderliness amongst 'Randomness'
  • #651
  • May 22, 2023 5:30pm May 22, 2023 5:30pm
recognize patterns to have an edge.
there are a number of patterns in this thread.
at the moment we are focusing on one pattern, which is quasimodo.
i think i cannot go more simple than that.

yesterday we have gone through using qm pattern on gold.
one pattern on one instrument, yet there were no lack of set ups.
we could see them in each of the asia, london, new york session.

first thing first. get them right.
1. trend
2. key level - away or toward
3. rejection
4. set up
ITB - Seeing Orderliness amongst 'Randomness'
  • #652
  • May 22, 2023 5:37pm May 22, 2023 5:37pm
gold yesterday d1 was an inside candle.
at the moment price is drawn to the low.
if it closes below the low, it could expedite the down trend.

road map for today.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #653
  • May 22, 2023 5:55pm May 22, 2023 5:55pm
Quoting Inthebox
gold yesterday d1 was an inside candle. at the moment price is drawn to the low. if it closes below the low, it could expedite the down trend. road map for today. {image}
Yesterday d1 candle was an inside candle of another inside candle ( day b4). For me, the LAST THURSDAY candle is holding the ground here. To form a clear bias, the price need to break THURSDAY's extreme. Until then, all the inside PA will be ruled by the H4 confluences. IMO
Success = Practice + Patience + Persistence
  • #654
  • May 22, 2023 6:07pm May 22, 2023 6:07pm
EJ and UJ formed an engulfing pattern, @ the recent 4H rotation. I will be watching closely, how the PA reacts to it.
Success = Practice + Patience + Persistence
  • #655
  • May 22, 2023 6:09pm May 22, 2023 6:09pm
i know that there are some who are weak at visual.
try as hard but still cannot recognize quasimodo.

this trick may help them.
for a bearish qm, we need to have a high, a low, a higher high and a lower low.
draw a rectangle from the high to the low, another rectangle from higher high to lower low.
we have 2 rectangles, the 2nd one engulfing the first one.
or we can have 2 diagonals, the 2nd one engulfing the first one.

guys this is what quasimodo is all about - an engulfing pattern.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #656
  • May 22, 2023 6:16pm May 22, 2023 6:16pm
a follow through trade from yesterday.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #657
  • May 22, 2023 6:20pm May 22, 2023 6:20pm
gold today we have the w1 key level.
now we have the 1st 2 items.
either trade away or toward it with qm set up.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #658
  • May 22, 2023 6:32pm May 22, 2023 6:32pm
Quoting fxpider
EJ and UJ formed an engulfing pattern, @ the recent 4H rotation. I will be watching closely, how the PA reacts to it.
looking for long?
ITB - Seeing Orderliness amongst 'Randomness'
  • #659
  • May 22, 2023 6:47pm May 22, 2023 6:47pm
Quoting Inthebox
{quote} looking for long?
looking for short.
Success = Practice + Patience + Persistence
  • #660
  • Edited 7:24pm May 22, 2023 6:51pm | Edited 7:24pm
come on guys.
i have given out knowledge from my more than 10 years trading experience here freely.
it will save you at least couple of years learning.
i need to see participation.
i know there are a lot of novices here.
i am here to help.
but i do not know whether you understand what i have been showing here or not.
is it too deep for you?
i require feedback.
without them, i do not know whether i am speaking and addressing to a wall with my own voice echoing back to me.
or am i just wasting my time here in FF?
historically threads with good contents do not last long.
it is as good as it lasts before i disappear from FF.
ITB - Seeing Orderliness amongst 'Randomness'
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