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ReadtheMarket - Supply and Demand with Price Action

  • #8,541
  • Feb 10, 2025 9:49am Feb 10, 2025 9:49am
Looking for short on gold.

Feel free to give feedback, Thanks.
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  • #8,542
  • Feb 10, 2025 10:59am Feb 10, 2025 10:59am
Quoting Sandbox
Looking for short on gold. Feel free to give feedback, Thanks. {image}
Manual execution, looking that price level.

DP of where QM was previously eng'ed]

Feel free to leave feedback, would appreciate it.

Thanks
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  • #8,543
  • Feb 11, 2025 4:32am Feb 11, 2025 4:32am
Quoting Sandbox
{quote} Manual execution, looking that price level. DP of where QM was previously eng'ed] Feel free to leave feedback, would appreciate it. Thanks {image}
Stopped out on BE.

Please do give me feedback on why this trade got stopped out.

Thanks
  • #8,544
  • Feb 11, 2025 7:47am Feb 11, 2025 7:47am
Quoting Sandbox
{quote} I do not have that advanced understanding as of now I'm still in the learning curve, but to my understanding so far. This is how I've read it, sir. Please feel free to correct or give feedback. Thanks {image}

I'm not concerned with the downside; we're examining the area where a QM (Quasimodo) pattern seems to be invalidated.
The price hit the correct spot in the FL, but then we see a "hunt" pattern, which is a bit concerning (at least for me).
The price has circled within the supply zone multiple times, indicating this is a very important level. Can we identify this area as a BSZ?
Point 1 caused an engulfing of level S1.
Point 2 caused an engulfing of point 1.
Usually, we'd expect an FO (Fakeout), but what happened? Jerome H. Powell speech formed that candle, and the market rose before an FO could form. A decision was made to invalidate the QM pattern. Once invalidated, it hit the stop losses of buyers in the supply zone, and the price crashed. After that, the market rallied again, initially filling the existing CP zones before continuing its move.
Questions:
⦁ Were we victims of news within the supply zone? Why didn't an FO form?
⦁ What was within the CP that the price touched twice?
⦁ Is the engulfing of that area significant? If so, where are the orders? What did IT leave behind? Was a smaller-scale CP that formed filled? (Please analyze, it's not in the image.)
⦁ Does news disrupt the rules, or are the rules constant and working correctly?
It's said that banks, after engulfing and consuming a level, gather orders for subsequent moves in the direction of the engulfing. This occurred, but the main issue is that 185-pip candle and the CP. What's in there that caused the hunt pattern?
Was there an untested demand? Was it an FOF ?
What significant transactions and orders were there that caused the price to react to it in a zero-point way?
Does that engulfing cause a change? Is there a code?
Answering these questions can be challenging
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  • #8,545
  • Feb 12, 2025 1:58am Feb 12, 2025 1:58am
Quoting Sandbox
{quote} Stopped out on BE. Please do give me feedback on why this trade got stopped out. Thanks
Here's my take.. engulf up continuation then FO past BSZ, hit TG (origin of move)
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  • #8,546
  • Feb 12, 2025 4:05am Feb 12, 2025 4:05am
Quoting J.arvis
{quote} I'm not concerned with the downside; we're examining the area where a QM (Quasimodo) pattern seems to be invalidated. The price hit the correct spot in the FL, but then we see a "hunt" pattern, which is a bit concerning (at least for me). The price has circled within the supply zone multiple times, indicating this is a very important level. Can we identify this area as a BSZ? Point 1 caused an engulfing of level S1. Point 2 caused an engulfing of point 1. Usually, we'd expect an FO (Fakeout), but what happened? Jerome H. Powell speech formed...
Hi J.arvis

Thank you so much for this deeper insight of your thought process. This made me think even more deeply.

Appreciate it.
  • #8,547
  • Feb 12, 2025 4:08am Feb 12, 2025 4:08am
Quoting StarKing
{quote} Here's my take.. engulf up continuation then FO past BSZ, hit TG (origin of move) {image}

Thanks Starking
  • #8,548
  • Feb 12, 2025 8:46am Feb 12, 2025 8:46am
Quoting Sandbox
{quote} Hi J.arvis Thank you so much for this deeper insight of your thought process. This made me think even more deeply. Appreciate it.
Hi sandbox
The only thing that makes us grow in the market is our curiosity. I don't know much, I make a lot of mistakes, and like you, I'm looking for the reason why.
  • #8,549
  • Feb 13, 2025 12:30pm Feb 13, 2025 12:30pm
there isn't always a reason for a movement, we can't know everything, sometimes a thing happens and that's it, just go on with the method
search for the truth, always
  • #8,550
  • Feb 14, 2025 3:49am Feb 14, 2025 3:49am
IF I have a question for you.

First, why dont you provide any forecasts for the indices and charts?
Second, why do you only provide education and not share your trades?
If you say you are here to help humanity, shouldn't you do more?
  • #8,551
  • Feb 14, 2025 6:37am Feb 14, 2025 6:37am
Quoting Mr.Bahoz
IF I have a question for you. First, why dont you provide any forecasts for the indices and charts? Second, why do you only provide education and not share your trades? If you say you are here to help humanity, shouldn't you do more?

why dont you provide any forecasts for the indices and charts?

why he has to? he provided information for free here, also he has a course, in trading you need to learn yourself, take info from here, or go to his course, after that the only person who can help himself is only you.
why do you only provide education and not share your trades?
whats the point of sharing trades anyone can share trades after the fact, he is a normal human being and trader he has losses and wins, it is your duty to do your due deligence by backtesting forward testing and make your own strategy based on his teaching or add other things from other people. trading is hard relying on IF or any other trader to share his analysis or trades will not help you trust me.
  • #8,552
  • Feb 14, 2025 8:22am Feb 14, 2025 8:22am
just closed this short term long position, now I look for short ( R:R is 1:13 ). This is EURUSD H1. Don't mind the arrows, those were just my studies on the price. If you have any question feel free to ask.
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search for the truth, always
  • #8,553
  • Feb 15, 2025 12:33pm Feb 15, 2025 12:33pm
Quoting J.arvis
{quote} I'm not concerned with the downside; we're examining the area where a QM (Quasimodo) pattern seems to be invalidated. The price hit the correct spot in the FL, but then we see a "hunt" pattern, which is a bit concerning (at least for me). The price has circled within the supply zone multiple times, indicating this is a very important level. Can we identify this area as a BSZ? Point 1 caused an engulfing of level S1. Point 2 caused an engulfing of point 1. Usually, we'd expect an FO (Fakeout), but what happened? Jerome H. Powell speech formed...
The reason for the price reversal from this area was what?
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  • #8,554
  • Feb 16, 2025 1:57am Feb 16, 2025 1:57am
Do ignored orders cause a breakdown in price structure?
What are the reasons for orders being ignored? What decision does IT make?
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  • #8,555
  • Feb 17, 2025 6:56am Feb 17, 2025 6:56am
Looking at this gold short on Quasimodo manipulated area.

Also, the continuation FL Qm has been ignored therefore usually in this case I take the QMM trade.

Please do give feedback, Thanks
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  • #8,556
  • Feb 17, 2025 8:16am Feb 17, 2025 8:16am
Quoting Sandbox
Looking at this gold short on Quasimodo manipulated area. Also, the continuation FL Qm has been ignored therefore usually in this case I take the QMM trade. Please do give feedback, Thanks {image}
Do you think there are orders above this range? that have not been consumed?
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  • #8,557
  • Feb 17, 2025 8:20am Feb 17, 2025 8:20am
Quoting J.arvis
{quote} Do you think there are orders above this range? that have not been consumed? {image}
I'm not so sure of that.

Thanks
  • #8,558
  • Feb 17, 2025 12:15pm Feb 17, 2025 12:15pm
a clue:
The whole market is an order and in the right place, it is consumed once by IT and the transaction is made. Then if ENG is executed, the market has actually shown its intention. Why do they say start on a higher timeframe because it gives you scale. When you find transactions and ENGs you will understand what is going on!!!
When you want to trade, go to the m1 timeframe and execute the same scenario on clean supply and demand. . .
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  • #8,559
  • Feb 18, 2025 4:52am Feb 18, 2025 4:52am
Quoting J.arvis
a clue: The whole market is an order and in the right place, it is consumed once by IT and the transaction is made. Then if ENG is executed, the market has actually shown its intention. Why do they say start on a higher timeframe because it gives you scale. When you find transactions and ENGs you will understand what is going on!!! When you want to trade, go to the m1 timeframe and execute the same scenario on clean supply and demand. . . {image}
Now this is what I could never put it in words, I lack this.

Thank you sir.
  • #8,560
  • Feb 18, 2025 8:29am Feb 18, 2025 8:29am
Quoting Sandbox
Looking at this gold short on Quasimodo manipulated area. Also, the continuation FL Qm has been ignored therefore usually in this case I take the QMM trade. Please do give feedback, Thanks {image}
You lost and IT collected the necessary cash to run another trick by hitting your loss limit.
What could be the reason for this? DECISION AND ENGULF
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