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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
Disliked{quote} easier to be a trend trader then a counter trend trader isnt it?Ignored
Disliked{quote} That buy is right in the zone.guess the green dotted line is where the trend is defined? Now price is in down trend, just mark up two zones for sell opportunity, not sure if I follow your logic. {image}
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Disliked{quote} Absolutely! once in the trend, there is tradable position at every turn. Like UJ pair, it has generated pretty decent returns. There is still a previouse buy that never got filled, still trying to figure out why it was that off. {image}Ignored
Disliked{quote} Thanks for your detailed analysis. So my take is that there are two key points to watch when considering trend being established. First engulf and then price won't break its origin when pulling back. Once trend established, the hard part is to position trade. Missing a trade is frustrading, being stopped out is more frustrating, so it would a zone, how tight would be the stop loss? it all comes down to money management.Ignored
Disliked{quote} is that the kink of some sort from the left? either way its the base of a pole as well {image}Ignored
Disliked{quote} Absolutely! once in the trend, there is tradable position at every turn. Like UJ pair, it has generated pretty decent returns. There is still a previouse buy that never got filled, still trying to figure out why it was that off. {image}Ignored
DislikedI've thought a while before making this post. It's not RTM methodology, so might not be well received here. BUT.. in combination with RTM concepts it could be quite powerful...disregard if you think it is an off-topic distraction. The recent UJ bounce point is a good example. It ties in almost perfectly with a 50% retrace of a recent swing up. And then price goes on to make a perfect measured move (both green moves are same size) {image} How do I know the measured move will play out? Well I don't know for sure of course....but if price is truly...Ignored
Disliked{quote} you are right, it was a short at the level. Good trade. Now my sell filled at the lelvel you spotted. As we can see the trading both ways. Just manage expectations. {image}Ignored