Another runner by IF method.
only 2 trades. account multiplied
. Looks like getting closer.
only 2 trades. account multiplied
. Looks like getting closer. 
ReadtheMarket - Supply and Demand with Price Action
Great job Fxyogi, I have been spotting these set ups but too scared to pull the trigger. Are u trading live or demo?
. dont be scared. remember this, price will look very bullish when want to turn down . very bearish when want to turn up. I know its scary to pull the trigger. because we are trained the other way. i hv seen traders write, "trade what you see", and "if green buy red sell". Total nonsense.Train your brain other way. if market is very bearish look for buy opportunity. very bullish look for sell opportunity.
- #866
- May 2, 2014 3:46pm May 2, 2014 3:46pm
- | Membership Revoked | Joined Nov 2010 | 3,072 Posts
{quote} IF brother, My sixth sense telling me you are with me here
You took some great and sensible trades. Very nice work
- #867
- May 2, 2014 3:49pm May 2, 2014 3:49pm
- | Membership Revoked | Joined Nov 2010 | 3,072 Posts
{quote} Mate my all trades are live. in my life i never traded demo. No excitement for me. of course lost many hehe
Absolutely! I'd be quite wary of selling if it weren't on a strong push up past Supply, or buying without a strong push down
Yogi,
I was watching XAU this morning too, NPF came out and this thing move. Prep works are very important, we have to be ready when thing strike.
When I start reading RTM, I find it very hard to believe the concept. But after reading RTM, Dr, few master traders. I start to become a believer
It look like CP to me.
Today top
I learn today, before your trading session begin, prep works are very important. It get you ready in combat.
Totally miss it, thing were chaotic, but as RTM masters already know it, the IT already set their trading range for the day.
They grab orders from both end of the range today.
I was watching XAU this morning too, NPF came out and this thing move. Prep works are very important, we have to be ready when thing strike.
When I start reading RTM, I find it very hard to believe the concept. But after reading RTM, Dr, few master traders. I start to become a believer
It look like CP to me.
Today top
I learn today, before your trading session begin, prep works are very important. It get you ready in combat.
Totally miss it, thing were chaotic, but as RTM masters already know it, the IT already set their trading range for the day.
They grab orders from both end of the range today.
:nerd: if not do it with a freeway 
- #872
- May 3, 2014 12:29am May 3, 2014 12:29am
- Joined May 2011 | Status: Trader | 1,374 Posts
My dream..........
-milkeyway
- #876
- May 3, 2014 8:54am May 3, 2014 8:54am
- Joined May 2011 | Status: Trader | 1,374 Posts
{quote} 'Dream is not that which you see while sleeping it is something that does not let you sleep.'-A P J Abdul Kalam
-milkeyway
Update: Trade 1 got about 20R. Trade 2 still running at nearly 40R. There was no risk on these trades, but folk do like to know where a stop would've been placed were it needed
My best guess is that you entered after the source that led to the engulf of the left swing high had been... well engulfed. Your entry was at the base of the CP I marked with a SL of only 2-3 pips, as the probable result, if the CP base broke, would be that the upper swing high would also break.
1) Is that it, more or less?
2) What I don't understand is why you did not exit, even partially, when price visited the base created near the pole start (around 1.3813), but chose to hang on till the base of H1 D. What I admire, I should also note, is that price came to almost test your entry after MFE of around 10R and you had not moved your SL to BE. That is also my weakest spot, letting trade run its intended course and not suffocating it. Basically, my question rephrased is: how do you chose targets and when do you decide to go for a target outside the pole that led to the entry?
3) Another question is if you don't always use a stop (that is my impression of your quote, and also from many screenshots where SL is not visible- not sure if that's an MT4 thing). In this case, even if one is almost certain of price's probable course, one cannot use R to measure trade performance as, with no stop in place, risk is infinite (or better, the whole account, no matter how improbable)
- #879
- Edited 5:56pm May 5, 2014 4:47pm | Edited 5:56pm
{quote} I certainly would be with you on this, but I had my teacher hat on all day! You took some great and sensible trades. Very nice work
Just quick question regarding SL. When FL engulfed and retracement happens so we get in in extremes. But price may engulf that extreme again to show what will be the direction next. In that case how you set SL?.
Would'nt it be better to set SL further away from that extreme expecting an engulf?.
moreover, what platform you are using to read all the history?. For example H4 chart till 1960?
