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ReadtheMarket - Supply and Demand with Price Action

  • #1,921
  • Apr 9, 2015 5:49am Apr 9, 2015 5:49am
Quoting bobyv87
{quote} Hello Yogi! Thank you for all your charts. Its really all i need to become a killer trader. I hope you dont mind if i ask you a question about this chart in this way (as a youtube video). My english is not good and if i show you pictures with charts you will not understand what i want to ask. There is it: http://youtu.be/ESNuyCdz7dQ?hd=1
Boby,

You are absolutely right on that. It was my mistake .Excellent work.

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  • #1,922
  • Apr 9, 2015 6:21am Apr 9, 2015 6:21am
Quoting charvo
PIE is a great thread however, it is not the most efficient way to access the knowledge. Red's trade examples are quite "information-hidden" (allow me say it this way, i cannot find better description) his plain charts sometimes convey the points well, many others no....... and his charts not pretty, his trades suffer DD often. Red is not the only one trade that way on FF. surely no need 1300 pages to learn. in the later (200 pages later, maybe) part, there're lot of half-bottle traders (but high impact) posts and confuses, and many of them still...
I absoultely agree with Charvo here. I will re read IF posts as many times as i can. I never saw flaws in his posts. It makes sense at every angle. Sometimes you have to see beyond his markings.

Below is one of IF post earlier, you might have not focused properly.
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But if you focus properly you will see this(Those who say there is no such thing as FO can forget forex and do day job ),

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I may not read it properly. But what i love about RTM is that, i have a compass and know where to go. Some asked me through PM whether worth to take the RTM course. My answer is YES YES YES. But how if you cant afford the money,then have faith and allocate 1-2 years time and demo it. If real money, trade with only you can lose for least 1year. Its not easy without guidance. But if you focus definitely you can.

Kindly don't ask me whether you need to read FF posts and RTM posts. It shows you are lazy and looking for easy solution. Definitely its not easy.Some concepts i grasped im still refining it. Take IF as an example and road map. He leads you to one destination then you travel ahead.

But if you have money and new to forex, then invest the money on RTM course( calculating 1 year income that you are going to lose on demo can be invested on course if that makes sense).

I see many distractions in some posters, including some of my old one( We are smart a** ). There cant be variations in IF style. Only advancement.Because he mentioned it as strict rule and pure science. You cant have alterations. Hope you all gets it.
  • #1,923
  • Edited 6:38pm Apr 9, 2015 11:54am | Edited 6:38pm
Hello Yogi and thanks for your helping. Another chart that make me crazy I think i am closer to understand the market dynamics but after understand a few more elements. That day its not to far thanks to you, If and another few great people from RTM. This is your chart with my questions inside. Thanks!
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Another one:
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and another one: I think this is the best example from this thread. I dont know if its yours Yogi or its If's chart. I just saved yours charts in my computer and i studying every day trying to understand what's going on
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On this one my rectangles are the orange one. I see you mark the FL after break some lows and high. After breaking these FL's price make another FL's and so on. Now what is an important High or Low. Is the low that i've marked the important one? My FL can be seen much better on LTF's.

And also another video: there is the big question. I think this kind of troubles you will found very interesting.
http://youtu.be/LC7a0tE_UN0?hd=1

Thanks
  • #1,924
  • Apr 9, 2015 3:40pm Apr 9, 2015 3:40pm
Fxyogi, you obviously haven't advanced much if you still keep calling it a FO. The blind leading the blind...
  • #1,925
  • Apr 9, 2015 4:02pm Apr 9, 2015 4:02pm
Quoting Mong00se
Fxyogi, you obviously haven't advanced much if you still keep calling it a FO. The blind leading the blind...
Mong00se, is not a FO, its just a better price where IT's want to sell. Are you happy if we are calling FO as that?
  • #1,926
  • Apr 9, 2015 4:04pm Apr 9, 2015 4:04pm
Quoting Fxyogi
{quote} I absoultely agree with Charvo here. I will re read IF posts as many times as i can. I never saw flaws in his posts. It makes sense at every angle. Sometimes you have to see beyond his markings. Below is one of IF post earlier, you might have not focused properly. {image} But if you focus properly you will see this(Those who say there is no such thing as FO can forget forex and do day job ), {image} I may not read it properly. But what i love about RTM is that, i have a compass and know where to go. Some asked me through PM whether worth...
It's beyond my comprehension how people follow blindly self proclaimed gurus on these forums. For instance, how come people take every written word from IF when he admittedly is NOT a trader. Anybody can read fluently the charts on HINDSIGHT, but trading REAL TIME is a whole different business. No wonder why 99% of the gurus become marketers and sell expensive courses once they reach a good amount of followers. The pattern is repeated over and over on this industry.
I'm not trying to offend anybody here, but people should try to think by themselves and leave the herb mentality. I myself have read RTF and found very good information there, but I take every thing with a pinch of salt and leave my judgment and experience to validate facts or hypothesis.
  • #1,927
  • Apr 10, 2015 1:39am Apr 10, 2015 1:39am
Only reason that this thread is still 97 pages is because there were no replies to ignorant or unnecessary argument like in other threads. Thats why its clean.
It will be in that way in future as well.

Boby ,

You need to make sure that
  • #1,928
  • Apr 10, 2015 6:34am Apr 10, 2015 6:34am
Quoting bobyv87
Hello Yogi and thanks for your helping. Another chart that make me crazy I think i am closer to understand the market dynamics but after understand a few more elements. That day its not to far thanks to you, If and another few great people from RTM. This is your chart with my questions inside. Thanks! {image} Another one: {image} and another one: I think this is the best example from this thread. I dont know if its yours Yogi or its If's chart. I just saved yours charts in my computer and i studying every day trying to understand what's going...
Boby,

Video sound is very low.
  • #1,929
  • Apr 10, 2015 6:55am Apr 10, 2015 6:55am
if you look in mirror asking urself why a name of a definition is so freaking important to you, would you feel dumb?

or more important, why the freak u always keep saying no to anything, but contribute nothing constructive? at least say something like 'trend is your friend', 'cut your sl short' so that your opinion HERE is at least worth 2 cents.

Quoting Mong00se
Fxyogi, you obviously haven't advanced much if you still keep calling it a FO. The blind leading the blind...
  • #1,930
  • Apr 10, 2015 7:02am Apr 10, 2015 7:02am
Dear Keen:

the valuable opinion from you would be exactly which "written word" from IF that is false per your finding/reflection. ppl here stupid or smart really needs no philosophy life lesson. stupid newbies like me cannot be persuaded in your way, if you are wise enough to understand this key.

Quoting keen246
{quote} It's beyond my comprehension how people follow blindly self proclaimed gurus on these forums. For instance, how come people take every written word from IF when he admittedly is NOT a trader. Anybody can read fluently the charts on HINDSIGHT, but trading REAL TIME is a whole different business.
  • #1,931
  • Apr 10, 2015 7:15am Apr 10, 2015 7:15am
i'm afraid of myself being only a naysayer so sharing what i can, if wrong, Yogi'll clarify

your 1st chart:
u draw all right, and 2 is engulfed, and nothing wrong with it considering 1 is engulfed. then 3 is important due to B.
as to A, you need to drag your own chart to make sure.
remember, yogi didn't draw all boxes, be flexible in drawing boxes, but if you draw right, you should reach same conclusion.

your 2nd chart:
you may draw that way, again it is flexible, important thing is either way, you'll get same conclusion, won't you? if you zoom in a bit, you'll see why yogi draw that way.

Quoting bobyv87
Hello Yogi and thanks for your helping. Another chart that make me crazy I think i am closer to understand the market dynamics but after understand a few more elements.
  • #1,932
  • Apr 10, 2015 7:55am Apr 10, 2015 7:55am
I have been thinking what Charvo mentioned the other day. He follows Dollar index the same way we do in currency. My view was dollar index is a mixture of multi currencies, and therefore it wont respect the PA as it doesn't represent any particular currency. My long term thinking is that average of something is just an hypothesis. However, when i see this chart , i started to think what he was saying can be true. But why?. I don't know. My complicated mind cant grasp it. But we really need some experimenting here. Any of you done some research on this can share with us.


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.

Lets leave philosophers now for the time being. They can take rest and come next month here for some entertainment and fun. They are reminding us who we are by destroying our ego lol.
  • #1,933
  • Apr 10, 2015 8:14am Apr 10, 2015 8:14am
Quoting charvo
if you look in mirror asking urself why a name of a definition is so freaking important to you, would you feel dumb? or more important, why the freak u always keep saying no to anything, but contribute nothing constructive? at least say something like 'trend is your friend', 'cut your sl short' so that your opinion HERE is at least worth 2 cents. {quote}
Hereafter i will call FO " Break of an high but continued in opposite direction".


But wait a minute. isn't this what we call FO?. Im confused please help someone.
  • #1,934
  • Apr 10, 2015 8:59am Apr 10, 2015 8:59am
Quoting charvo
Dear Keen: the valuable opinion from you would be exactly which "written word" from IF that is false per your finding/reflection. ppl here stupid or smart really needs no philosophy life lesson. stupid newbies like me cannot be persuaded in your way, if you are wise enough to understand this key. {quote}
Hi Charvo,
I'm afraid you didn't quite understand my post. If you read it again, you'll see I never said IF was writing falsehood or crap for that matter. You can read on my post where I imply that I find RTM content very good and educational and can lead you to become a consistently profitable trader. However, (I repeat it) from reading charts on Hindsight to trade live with real money is just another world. If you had been trading long enough, you would know by now that trading is mostly a physiological matter and that finding FOs, FTB, RBD, etc is just secondary, and that your own life philosophy will determine your success or failure on this daunting endeavor.
Unfortunately, as Foxyogi unwittingly pointed it out, due to sheer ignorance and being trapped on the endless chain of crap surrounding the world of Forex, many people resort to find a guru who will enlighten their path to the riches, pay him a training or course just to be disappointed and frustrated after a while. Some people repeat this cycle several times until they just give up or leave the herb mentality and find their way. It's my true belief that if people skip that phase, their time to become profitable will be significantly shorten. Well, it's also an undeniable truth that some people just need a leader or an alpha member of the herb to follow to, and tell them what to do. For those, I'm afraid Forex is not for them.
Did you ever see RedSword selling courses? Why? Chew on that!
Cheers.
  • #1,935
  • Apr 10, 2015 10:06am Apr 10, 2015 10:06am
Quoting Fxyogi
{quote} Boby, Video sound is very low.
Ok lets try on this way. Sorry about that video. I have to delete it. Anyway i made a summary in two charts.
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There is my HTF chart. You see an engulf higher so price return to the FL lower and made a FO, FO that i dont understand. Why, because i dont see an important level below. Seems to be just a DP that is not an extreme.

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This is my m5 chart If you want to enter in here how you will enter? How you apply the Origin concept in this one? Is the origin equally important with the extreme?

Another one: this one is from Ifmyante:
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I marked what i think to be the most important FTR (the last one). Of course i can be 100% wrong. I just want to ask you guys: why IF marked the level upper than me?

Thank you Yogi, Charvo, Ifmyante and all guys from RTM. !
  • #1,936
  • Apr 11, 2015 4:08am Apr 11, 2015 4:08am
How to find the origin? I hope this is the correct way. What do you think?
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  • #1,937
  • Apr 11, 2015 2:31pm Apr 11, 2015 2:31pm
Got some free time so I dropped in to try and catch up on posts and I see people making negative comments and bashing us RTMers on how we trade and study at first it makes me frustrated but then makes me smile and it should make all of the RTMers smile cause those are the people that give us there money so kindly
  • #1,938
  • Apr 12, 2015 8:13am Apr 12, 2015 8:13am
Quoting Mong00se
Fxyogi, you obviously haven't advanced much if you still keep calling it a FO. The blind leading the blind...

hiii bro...
no offense.. but u keep complaining..
why dont u just show your perspective through chart rather than keep barking around here...
really appreciate if you can put some insight on chart...

thx
  • #1,939
  • Edited 9:15am Apr 12, 2015 9:00am | Edited 9:15am
Quoting bobyv87
{quote} Ok lets try on this way. Sorry about that video. I have to delete it. Anyway i made a summary in two charts. {image} There is my HTF chart. You see an engulf higher so price return to the FL lower and made a FO, FO that i dont understand. Why, because i dont see an important level below. Seems to be just a DP that is not an extreme. {image} This is my m5 chart If you want to enter in here how you will enter? How you apply the Origin concept in this one? Is the origin equally important with the extreme? Another one: this one is from Ifmyante:...

just my 2 cents....
i think that just price capped...CMIIW

http://i62.tinypic.com/29w0s2s.png


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  • #1,940
  • Edited 9:47am Apr 13, 2015 8:47am | Edited 9:47am
Hi all
Let me please respond to some slightly malignant allegations made about me lately.
Any allegations I don't respond to, I've forgotten through lack of caring about them.

Firstly, it was said that I've only or mostly posted hindsight analysis.
As I remember, most of my charts, of which there are very many, have shown me in trades which have already developed. That is far from hindsight. Rather it just protected me from having my entries taken out. I traded with real money - my money. Do you think I should have risked my livelihood by telling the world the moment I took a trade? Do you not think I might have had reservations about being a free signal service?
Anyway, as I've said, my charts were far from hindsight, and my entries, as I remember, were pretty perfect.

Next I was compared to Red.
Red tried as hard as he could to dissuade me from opening RTM and the academy. He insisted it would be a thankless task, and would leave me empty and broke. He advised me to do as he did; post trades and get lots of great clients, and get rich that way. I, of course, took my own route, for better or worse.

Now we get to the bit about my having said that I'm not a trader.
Well, let me say it again. I am not a trader!
Is that really such a bad thing?
Tell me, do you think a codebreaker would be happy to, having broken a very complicated code, spend the rest of his career typing in code to be decrypted? Of course not! He'd leave that to technicians to do, while he moved on to the next code.
Well, I loved working out how the market works, but have no intention of spending the rest of my life sitting at the screen using the knowledge I gained. I'd much rather find people who were happy to do that for me!
These technicians need to be trained. Hence RTM and the Academy. I don't force or cajole anybody to come and work with me. I don't want many students. I simply want to find people who are committed to learning what I have learned, and would be happy to trade as I traded.

I see far bigger problems in this World that need my attention than the making of a good living for myself, and I hope I don't have to waste too much of my time defending myself against uninformed BS allegations
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