ReadtheMarket - Supply and Demand with Price Action | Page 130 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Readthemarket (Ifmyante) - Is it legit stuff or not? 19 replies

Price Will Tell - Supply/Demand Price Action Trading 1,858 replies

Price Action + Demand & Supply Zone + Money Management 0 replies

Price movement as a function of Supply and Demand 43 replies

Suppy, Demand and Price Action 28 replies

Attachments: ReadtheMarket - Supply and Demand with Price Action
Exit Attachments

ReadtheMarket - Supply and Demand with Price Action

  • #2,581
  • Jan 24, 2017 1:21pm Jan 24, 2017 1:21pm
Quoting Ifmyante
I don't understand what you mean.
I was just saying that for those people who live in exploited countries, maybe they could be given access to starting their own journals on RTM (without charging them). They get the basics (same info that has been on Marketscope for years).

RTM control's their ability to communicate/post on other people's journals and in some cases lock them out from seeing valuable journals. Give them just enough to prove their interest, intelligence, and commitment for several months. Then, at your discretion, they can be offered entry into the whole website.

I doubt a troll or a thief will spend months posting on a site without showing their true colors....

I'm not sure if this would work, but it might be a good way to find skilled traders who otherwise wouldn't join due to lack of ability to pay.

I know for a fact some of the best traders on RTM come from abused countries. It is exciting to see them empowered.
  • #2,582
  • Jan 24, 2017 2:42pm Jan 24, 2017 2:42pm
Quoting Ifmyante
I'm not pretending to misunderstand anything. If there was an ongoing enrolment, then sure I'd feel obliged to share results. But these questions were asked after I'd closed the doors, when there was nothing for sale, nor prospect of the course being ever run again, rendering the request/suggestion a meaningless curiosity Feel assured though that as soon as we're ready to take on investors for the fund, we'll be publishing verified accounts for all the World to see! Until then, anybody who suggests I should do anything they say should,...
Not going to happen and never did happen, the RTM companies have all now been officially dissolved including the RTM fund which was dissolved on 20/7/2016 and the RTM academy dissolved on the 14/12/2016 (not long ago was it?) so i guess there are no results or accounts available
  • #2,583
  • Jan 24, 2017 2:42pm Jan 24, 2017 2:42pm
Quoting Al3cs
I'm closing the suitcase... 2017-01-24 20_08_53-Cost of Living Comparison Between Rome, Italy And Dublin, Ireland.png;2154006 {image}
I'm with you!
  • #2,584
  • Jan 24, 2017 3:22pm Jan 24, 2017 3:22pm
Quoting zortan
{quote} Not going to happen and never did happen, the RTM companies have all now been officially dissolved including the RTM fund which was dissolved on 20/7/2016 and the RTM academy dissolved on the 14/12/2016 (not long ago was it?) so i guess there are no results or accounts available
RTM moved. It happens
  • #2,585
  • Jan 24, 2017 3:25pm Jan 24, 2017 3:25pm
Quoting RTMtrader14
{quote} I was just saying that for those people who live in exploited countries, maybe they could be given access to starting their own journals on RTM (without charging them). They get the basics (same info that has been on Marketscope for years). RTM control's their ability to communicate/post on other people's journals and in some cases lock them out from seeing valuable journals. Give them just enough to prove their interest, intelligence, and commitment for several months. Then, at your discretion, they can be offered entry into the whole website....
Nice idea, but that leaves the site open to the majority of the planet's population. The doors are closed to prevent that. Most RTM thieves are from the third World
  • #2,586
  • Jan 24, 2017 4:26pm Jan 24, 2017 4:26pm
My rent alone is 3 weeks income. Everything is relative.

Who is considered more "financially free"? Someone who earns $300/month and has bills of $275. Or someone who earns £2000/month but has bills of £2400.

Then how do you decide whose spending is essential and whose is frivolous?

As for RTM. Maybe longterm have a hierarchical system whereby have different levels and when someone reaches certain level in certain discipline they become responsible for helping others.

Have couple of supervisor positions in each category. When someone becomes proficient in RBD say, they become mod of RBD HW. And are responsible for marking RBD HWs. They get discount off membership for extra responsibility.

If they become good at evsrything they move up another tier. Maybe responsible for helping teach teachers?

You (IF) then become like a CEO. Only dealing with upper tier trainers whilst you crack on with blue dot or whatever you prioritise your time on.

Take the next 6-12 months building up your team and ironing out creases, build up some history, and then you can decide which direction to take it.

Maybe consider running it like a company, promoting within the ranks. You have a lot of loyal guys that I'm sure would be willing to help.

You will get a lot of people who pay, work hard, but ultimately will never make it. These guys will pay your bills too. You can't save everyone. And if they don't fail using RTM, they'll fail paying someone else. At least RTM will take there money honestly.

It's like gyms. Gyms only make money when lots of people pay and don't use them. If everyone who paid used the gym it wouldn't work. You need "x%" paying but not taking up your time to allow the others to do well and RTM (the company) to operate.

Just some ideas bud.
  • #2,587
  • Jan 24, 2017 4:29pm Jan 24, 2017 4:29pm
then thats when the fun starts and you can start building/expanding a corporation and offer people chance to move/live within the operational realms of thr corp.
  • #2,588
  • Jan 24, 2017 6:13pm Jan 24, 2017 6:13pm
That's what I want to do, but not in the trading business.
As you know, I'm adamant about taking over the planet from the banks, and making the World a not-for-profit place.
  • #2,589
  • Jan 24, 2017 10:11pm Jan 24, 2017 10:11pm
Quoting Ifmyante
The rightmost FL actually worked perfectly. You just drew it too high, and expected it to work twice
Hi IF

M15
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot4.png Size: 53 KB

Also I found that this price(encircled in red) didn't react to any level in the past. I have already checked the LTF and there wasn't any FL/FTR/ignored demand turned supply which could have caused this. Am I missing something?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot5.png Size: 54 KB
  • #2,590
  • Jan 24, 2017 10:48pm Jan 24, 2017 10:48pm
Hi IF what do you think about this trade i should close this trade or let it run ? anyway thanks for your help & kind work
Any comment are welcome from RTM trader ...
Attached Image (click to enlarge)
Click to Enlarge Name: AU 25.01.17.png Size: 45 KB
Don't Predict Just React..
  • #2,591
  • Jan 24, 2017 11:00pm Jan 24, 2017 11:00pm
Quoting Nbr42
Hi IF what do you think about this trade i should close this trade or let it run ? anyway thanks for your help & kind work Any comment are welcome from RTM trader ... {image}
nice shot buddy!
price compressed to supply, and boom, free fall down
I prefer to closed a half, and let it run wherever price wanna go
Pray Hard, Work Hard
  • #2,592
  • Jan 24, 2017 11:21pm Jan 24, 2017 11:21pm
Quoting Enlightenme
{quote} Hi IF M15 Screenshot4.png;2154512 Also I found that this price(encircled in red) didn't react to any level in the past. I have already checked the LTF and there wasn't any FL/FTR/ignored demand turned supply which could have caused this. Am I missing something? Screenshot5.png;2154514 {image} {image}
Im no IF however if you look at your circled area there is a reaction on lower scale, within larger scale areas
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.PNG Size: 178 KB
Bye Bye FF
  • #2,593
  • Jan 25, 2017 12:38am Jan 25, 2017 12:38am
Quoting sulistianmy
{quote} nice shot buddy! price compressed to supply, and boom, free fall down I prefer to closed a half, and let it run wherever price wanna go
yes buddy i done that half close & let other run ....
Don't Predict Just React..
  • #2,594
  • Jan 25, 2017 12:59am Jan 25, 2017 12:59am
Quoting Chica
{quote} Im no IF however if you look at your circled area there is a reaction on lower scale, within larger scale areas usdcad.PNG;2154565 {image}
Hi Chica,
Thank you for the reply. I don't mean to offend you but I don't know how you drew the rectangles between .8200 to .8600 especially the smaller one.
Anyway, I came up with something, but I am not sure if I saw it right. Please check the chart below.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 184 KB
  • #2,595
  • Jan 25, 2017 2:43am Jan 25, 2017 2:43am
EM, No offence taken. its only trolls and haters that get my blood boiling here. For me the larger rectangle was drawn because price broke into a type of PAZ on the 15m. Not just a high or low. Its not massive, but nevertheless what I see. Also the smaller rectangle corresponds to a smaller area of interest. Again not massive, but orders may reside from a small trick When I add these together its a small area nested within a slightly larger area where there were orders left over when price.
returned. Thats how I see it. I have been wrong before and I am sure I will be wrong plenty more times with my interpretation. All the best.
Bye Bye FF
  • #2,596
  • Jan 25, 2017 2:50am Jan 25, 2017 2:50am
Quoting Chica
EM, No offence taken. its only trolls and haters that get my blood boiling here. For me the larger rectangle was drawn because price broke into a type of PAZ on the 15m. Not just a high or low. Its not massive, but nevertheless what I see. Also the smaller rectangle corresponds to a smaller area of interest. Again not massive, but orders may reside from a small trick When I add these together its a small area nested within a slightly larger area where there were orders left over when price. returned. Thats how I see it. I have been wrong before...
PAZ... that's something I have to look into. Didn't get to know that it that well. Anyway, I can't comment on your reason, but thank you.
  • #2,597
  • Jan 25, 2017 7:52am Jan 25, 2017 7:52am
Lunch scalp. Little more than 5R.
Yesterday's short still running.
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-01-25 14_49_32- [EURUSD.lmx,M1].png Size: 38 KB
  • #2,598
  • Jan 25, 2017 8:45am Jan 25, 2017 8:45am
Quoting Al3cs
Lunch scalp. Little more than 5R. Yesterday's short still running. 2017-01-25 14_49_32- [EURUSD.lmx,M1].png;2155498 {image}
Hey Al3cs, great entry! Just trying to figure the reason behind the trade. Did you take it for this QM? If yes why is your SL too small? Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: 2017-01-25_2013.png Size: 47 KB
  • #2,599
  • Jan 25, 2017 9:09am Jan 25, 2017 9:09am
Quoting Enlightenme
{quote} Hi IF M15 Screenshot4.png;2154512 Also I found that this price(encircled in red) didn't react to any level in the past. I have already checked the LTF and there wasn't any FL/FTR/ignored demand turned supply which could have caused this. Am I missing something? Screenshot5.png;2154514 {image} {image}
I know you asked IF, but here is how i see it
Attached Image (click to enlarge)
Click to Enlarge Name: Question answered.png Size: 41 KB


The price did react to a level (it was just extremely small)
Attached Image (click to enlarge)
Click to Enlarge Name: Question 1.png Size: 54 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Question 2.png Size: 50 KB

Attached Image (click to enlarge)
Click to Enlarge Name: Question 3.png Size: 45 KB
  • #2,600
  • Jan 25, 2017 11:29am Jan 25, 2017 11:29am
Quoting Baymax07
{quote} Hey Al3cs, great entry! Just trying to figure the reason behind the trade. Did you take it for this QM? If yes why is your SL too small? Thanks. {image}
Honestly I haven't see it.
I'm working on this zone because it is an important zone in very HTF so I'm shorting it.
In this case, in m1 TF, I took a confirmed short entry, btw I want to respect decision IF made to no more teach freely the method so I won't go in more detail.
Hope you understand my reasons.
7 traders viewing now