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Readthemarket (Ifmyante) - Is it legit stuff or not? 18 replies

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ReadtheMarket - Supply and Demand with Price Action

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  • Post #41
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  • Apr 9, 2013 9:29pm Apr 9, 2013 9:29pm
  •  Ifmyante
  • | Commercial Member | Joined Nov 2010 | 3,062 Posts
Thanks Winston, you're very kind

Yes, I'll get some rest now. Ninite
1
 
  • Post #42
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  • Apr 9, 2013 9:36pm Apr 9, 2013 9:36pm
  •  Winston Reed
  • Joined Mar 2009 | Status: Hobby Trader | 4,475 Posts
Quoting Ifmyante
Disliked
You're looking at candles again instead of zones {image}
Ignored
Believe me I saw that IF but based on what I am trying to do that would have been a touch trade and I want to avoid those. I'm looking for confirmation. The overall picture here looks to be one of selling with retraces into supply areas. I truly am looking for engulfings of consolidations and retraces and not just single candles. The area you are highlighting did eventually go lower. I just couldn't identify an opportune selling area. Anyway more to study and ponder.
Hobby Trader
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  • Post #43
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  • Apr 9, 2013 9:37pm Apr 9, 2013 9:37pm
  •  Winston Reed
  • Joined Mar 2009 | Status: Hobby Trader | 4,475 Posts
Quoting Ifmyante
Disliked
Hi Dude What TF is this chart?{image}
Ignored
Ha Ha Ha. Monthly.... LOL. I have no idea.
Hobby Trader
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  • Post #44
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  • Apr 9, 2013 10:01pm Apr 9, 2013 10:01pm
  •  Winston Reed
  • Joined Mar 2009 | Status: Hobby Trader | 4,475 Posts
Weekly showing tapped zone.
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Daily. OK so let's see what happens. Price poked above the previous swing high. An FO or wants higher zone? Based on my evolving weekly/daily strategy I am looking for a retrace with a bullish signal candle.
ATTACH]1169993[/ATTACH]
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  • Post #45
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  • Apr 10, 2013 5:47am Apr 10, 2013 5:47am
  •  Jabloko
  • | Joined Feb 2012 | Status: Member | 68 Posts
Hi Ifmyante

I see you know what Forex really is, I like the thinking approach ( no indies ).
Just wonder wether you could show on charts your way of getting to take a trade from UP to DOWN.
Would appreciate it

( the importance of zones especially and the triggers to put a trade )

Thanks in advance
estote parati
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  • Post #46
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  • Apr 10, 2013 6:39am Apr 10, 2013 6:39am
  •  FOURX
  • | Joined Feb 2007 | Status: Member | 1,476 Posts
Hey If

Why did you leave Acegazette?
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  • Post #47
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  • Apr 10, 2013 7:38am Apr 10, 2013 7:38am
  •  Ifmyante
  • | Commercial Member | Joined Nov 2010 | 3,062 Posts
Quoting FOURX
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Hey If Why did you leave Acegazette?
Ignored
Hi 4X

I made a statement at the time about it on AG
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  • Post #48
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  • Apr 10, 2013 7:44am Apr 10, 2013 7:44am
  •  Ifmyante
  • | Commercial Member | Joined Nov 2010 | 3,062 Posts
Quoting Jabloko
Disliked
Hi Ifmyante I see you know what Forex really is, I like the thinking approach ( no indies ). Just wonder wether you could show on charts your way of getting to take a trade from UP to DOWN. Would appreciate it ( the importance of zones especially and the triggers to put a trade ) Thanks in advance
Ignored
We have many different ways of trading at RTM

But usually what happened in the past tells us where big pockets of orders reside. The FTR and liquidity gap are massive signals to trade on return

As a simple example, here's an absolute no brainer with great returns from EU last night

This particular one shows the science of trading Support/ Resistance
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Also note the question and clue (CP) in the chart, and watch this as it develops today

Also remember: This works on ANY PAIR, ANY TF!
 
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  • Post #49
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  • Apr 10, 2013 8:06am Apr 10, 2013 8:06am
  •  Ifmyante
  • | Commercial Member | Joined Nov 2010 | 3,062 Posts
And just to put this into some perspective
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  • Post #50
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  • Apr 10, 2013 12:40pm Apr 10, 2013 12:40pm
  •  Winston Reed
  • Joined Mar 2009 | Status: Hobby Trader | 4,475 Posts
QM. Waiting for bearish daily signal.
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  • Post #51
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  • Apr 10, 2013 12:44pm Apr 10, 2013 12:44pm
  •  Ifmyante
  • | Commercial Member | Joined Nov 2010 | 3,062 Posts
Looks great on that chart. If the drop didn't hit the target already, all the better
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  • Post #52
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  • Apr 10, 2013 1:45pm Apr 10, 2013 1:45pm
  •  Winston Reed
  • Joined Mar 2009 | Status: Hobby Trader | 4,475 Posts
Similar as previous chart. QM-like. Double bottom but made HH. Looking for entry long.
ATTACH]1170588[/ATTACH]
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Hobby Trader
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  • Post #53
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  • Apr 10, 2013 3:53pm Apr 10, 2013 3:53pm
  •  Les_Paul
  • Joined Jan 2011 | Status: Member | 93 Posts
IF, let me just express my gratitude. You are true blessing! LP
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  • Post #54
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  • Apr 10, 2013 3:54pm Apr 10, 2013 3:54pm
  •  Ifmyante
  • | Commercial Member | Joined Nov 2010 | 3,062 Posts
Aw shucks. Thanks LP
1
 
  • Post #55
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  • Apr 10, 2013 7:11pm Apr 10, 2013 7:11pm
  •  Miky
  • Joined May 2011 | Status: Price is everything! =) | 159 Posts
Quoting Ifmyante
Disliked
Hi Dude What TF is this chart?{image}
Ignored
HAHAHAHAHAHA - this should be a game breaker hahaha

*Stop seeking for what you need and want to see. Just take the info and trade it if you wish.*



Cheers. AERO
--Be in the NOW or get lost in time.--
1
 
  • Post #56
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  • Apr 11, 2013 2:16am Apr 11, 2013 2:16am
  •  Jabloko
  • | Joined Feb 2012 | Status: Member | 68 Posts
Thank you Ifmyante,

can you suggest anything about correlations, what to look at trading EURUSD or GBPUSD for instance and which pair is most predictable in your view.
estote parati
1
 
  • Post #57
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  • Apr 11, 2013 6:25am Apr 11, 2013 6:25am
  •  minimalmonk
  • | Joined Feb 2012 | Status: Member | 15 Posts
Ar! Ar! dear s&d traders =]

ill put some geometry on this thread ^^
gu triangle. first buy on classic retest, second on price squeeze in triangle. we have also few days of inside bars on daily just under resistance. Also last COT helped me to risk much more that i should and... almost doubled this account on this transaction. for now

audchf. hmm...you spotted it as well.
we have selloff, but still unsure about retest of this level. we will see.

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/Cheers comrades
1
 
  • Post #58
  • Quote
  • Apr 11, 2013 6:38am Apr 11, 2013 6:38am
  •  FX.Sniffer
  • Joined Jun 2008 | Status: Stay Ahead | 315 Posts
Nice thread
Sniffing Snake's Tracks...
1
 
  • Post #59
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  • Apr 11, 2013 10:01am Apr 11, 2013 10:01am
  •  mertch
  • Joined Feb 2011 | Status: Member | 237 Posts
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  • Post #60
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  • Apr 11, 2013 2:04pm Apr 11, 2013 2:04pm
  •  Ifmyante
  • | Commercial Member | Joined Nov 2010 | 3,062 Posts
Extremely simple stuff thanks Mertch
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