ReadtheMarket - Supply and Demand with Price Action

could somebody post a picture of a fail to return and a flag limit? I am very confused.

What are the implications of a decision by price to fail to return?

Could somebody also define what an engulf is as used by the RTM community as it doesn't seem to be fitting in with my working concept of an engulf.

I actually have quite a few questions but I am aware that someone might tell me to go read the education section on RTM. I have, and I would like to ask some direct questions and get some direct answers as I am currently trapped in a minor cloud of confusion.

Here it is in its simplest form

The site is pretty easy to navigate, but here, go through this for a start http://readthemarket.com/index.php/education/markepedia

Thanks for the reply.

So it is an engulf because it has exceeded the swing low?
So anytime price exceeds a swing high or low it has engulfed?
There are 4 engulfs in this pic?
And the implication is that it is likely to continue in the direction of the engulf?

As for the FTR, I do not understand what it has failed to return to....the prior high/low in the direction that it has come from? Is it just the opposite of an engulf? i.e. it has not exceeded a swing high/low? And therefore it is likely to continue in the opposite direction? i.e. the direction of the engulf?

Would you prefer if I asked these Qs at RTM?

Thanks Mertch, still struggling somewhat and I appreciate the assistance. So what has price engulfed? And why is that ftr an ftr? Where has price failed to return to?

No, you're fine here

Your read of it is right

We place alot of weight on an engulf. Where price retraces to is very important also

Price moves from FL to FL, so we also place alot of weight on the break of a FL. It lets price then move into the next zone

Bigger scale

hi if your website is great thanks for sharing information

Thanks for the feedback

dear if
Which line is plotted correctly
A or B

Hi Randolf

Neither of them are necessary, except as representations of price compression

We don't trade diagonals - but if the horizontals tie in with diagonals, all the better!

thanks if for answer

this analyze is true?

I'd like to get some other takes on this one before I jump in

That's my way of saying "I'm off for a bath now before I pick up the kids"

This would be my guess.

my take, kind of rushed

here is a short on USDJPY that I opened ; just hit target on at 102.16

Simple, perfect, stress free trading