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ReadtheMarket - Supply and Demand with Price Action

  • #3,021
  • Edited 11:49am Apr 7, 2017 11:03am | Edited 11:49am
Im sorry.
RIP RTM
  • #3,022
  • Apr 7, 2017 11:09am Apr 7, 2017 11:09am
Quoting hendzwoter
Lol. Noobs. If you cant use the method on the 1st page so please go away. You dont need to pay for see the first page, do you? Yes, I can use the method without paying any penny. Noob always saying. LOL.
I like how you worded that. You forgot the part about where you're making tons and tons of cash. Because you aren't. You have no right to call me a noob when you're just as bad as every other person here advocating for something without any evidence.

Attn: Will the real Slim Shady please stand up?
  • #3,023
  • Apr 7, 2017 11:29am Apr 7, 2017 11:29am
Can enybody post some flags? Some PAZ and flag limits
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Meeee
  • #3,024
  • Apr 7, 2017 11:47am Apr 7, 2017 11:47am
Quoting Kanzler
{quote} I like how you worded that. You forgot the part about where you're making tons and tons of cash. Because you aren't. You have no right to call me a noob when you're just as bad as every other person here advocating for something without any evidence. Attn: Will the real Slim Shady please stand up?
I did not mention you. Kanzler. Why I call you that?
I will delete that word.
RIP RTM
  • #3,025
  • Apr 7, 2017 11:59am Apr 7, 2017 11:59am
Actually I use the method on Daily Chart.
But sometime I need to go H4 or H1 to look where is FTR at.
Usually I draw trendline to remind myself about where is side that engulfed.
And sometime use a common bars-pattern when trade counter trend style.
If it just like this it will be DBLHC. See the FTR above it already engulf.
I cant explain more cause its simplicity.

Yes you are right. Im still an employee. I have my boss smile to me when Im working for him. I can not say my financial condition. Cause its badicity?

So let us start the learning process.
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RIP RTM
  • #3,026
  • Apr 7, 2017 12:04pm Apr 7, 2017 12:04pm
Quoting RickFX
{quote} First time uploading a chart. Don't know how it will look like Could you please explain the 1 and 2 interrogations. Thanks. {image}
Here is my view... Keep in mind that the edges of CP are important areas of supply/demand. Very often they will be defended on FTB; however when the first zone in a cp breaks with follow-through, that decision to break becomes important.
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  • #3,027
  • Apr 7, 2017 12:10pm Apr 7, 2017 12:10pm
Quoting Kanzler
I'm going to come clean. I've been RTM from the beginning (look through my posting history), and I never made any money gambling on forex. The whole thing is a scam which can't be won consistently because the people in charge of money flow communicate with one another and you're out of the loop. Let me give you a little history on RTM and its promises, one deception after another: 1) RTM opens as a price action trading group. 2) RTM opens its own independent website, following Redsword's interpretation by IFMyante. 3) RTM creates "The Ladder". While...

Kenzler.
Believe it or not , IF and FxYogi are not my friends. I'm not shilling for RTM. Not posturing...And as matter of fact , i've had access to the paid content of their website. (Proof , don't ask me how)..
http://i.imgur.com/y8QmBoG.png

And guess what ? IT WORKS.
So , now , you're probably going to tell me that the only reason why i'm saying this is because i can't admit that i'm a sucker for paying for it.
Guess what ? I didn't !

Didn't pay a dime !
So i'm responding from the prespective of someone who's
1 - Not a shill
2 - Someone who tested their approach....
3 - had access (though i can't access the website today) to hours of their tutorials. (and had the presence of mind to save that stuff and watch it many times)...


CONCLUSION ?
I can tell you this..Though i have yet to fully grasp the entire concept... I do often get sniper type entries.. To the pip entries.
The most troubling aspect of their strategy remains the target. (when to get out) I do understand some aspects of it..Not entirely yet.

But based on what i've been able to grasp , it fucking works ! (amazingly so)
So now , you're probably going to ask me , so "do you have proof" ? "where's your ROI"....etc. No i don't.
But it's not IF's fault. It's just that i'm still at a stage where i'm testing and retesting over and over again , what i've learned on both my demo account and my forextester platform.

IT WORKS dude...
But here's the catch...

And that's my critic of the RTM course. You have to put hours and hours...AND HOURS into it. Tons of pratice , homework...tons of it. To the point where your brain starts to automatically see solid set-ups as soon as you open a chart.
Yes , the'y're not spoon feeding you everything. That much is true. But i've tested their approach. (which you can get for free without RTM , just go on Red's thread)

Some people get it instantly...Others don't. And some need more time. Maybe it's an IQ thing. Or not. Some people are visual learners , others understand the concept but make it their own. (that's what many traders have done).

Btw , if you still think i'm lying , check this out.
http://i.imgur.com/bWhTJjf.png
Trust me , i can't even update my own journal , i'm not shilling nor a RTM puppet.

YES it can be discouraging. and very frustrating. (especially when you almost have all the keys to make it work). But it fucking works because it's based on order flow.
Maybe you can say that it's a "scam" because some guy decided to do a repackaging of Red's approach to trading.

But hey nobody forces you to pay for it.
As for me...I can say that RTM's "paying" content has helped me to diminish the subjective side of trading..a lot. Not entirely , and i'm almost there. But i feel way more comfortable with my set ups now.
Yes some of my set-ups do fail. But mostly because of my targets. and sometimes because of scales. (my fault , not RTM's). But the method is logical.
I guess it's not for everyone. Some people will never be comfortable trading this way , but once you start paying close attention to every details..(zones that look good but happen to be already consumed , having the patience to wait for diamonds , not ignoring key compression zones etc..) , once it becomes a second nature , then you can clearly see that the method behind it is not bs.

Now , maybe i'm not the best example , but i can tell you this. I very often have solid entries and half of these trades are ruined because of targets. (maybe because my targets are not conservative enough).

Having said all that.
I don't know about the likes of IF , Fxyogi , Salivan are doing with their trading.
But i've seen 1 person apply it with a lot of consistency. Someone who would regularly post the before and after results , call 95% of his trades. Not an RTM trader and the guy never posted on RTM but trades a lot like them. (only he uses a different lingo but it's basically a combo or Red's and RTM's style)
I've seen it with my own eyes dude...
Before and after results. sometimes 3 or 4 trades the same day. No bs , no hindsight or handpicked examples..
And that's the reason i'm sticking with this method. Because i've seen it work. And it's starting to work for me. Granted i'm not as consistant as some traders around here but i'm working on it.
  • #3,028
  • Apr 7, 2017 12:14pm Apr 7, 2017 12:14pm
Quoting Achlys
{quote} I do often get sniper type entries.. To the pip entries. The most troubling aspect of their strategy remains the target. (when to get out) I do understand some aspects of it..Not entirely yet. But based on what i've been able to grasp , it fucking works ! (amazingly so) So now , you're probably going to ask me
"The most troubling aspect of their strategy remains the target." (for me..Just wanted to precise this..It's not the method , but just my lack of understanding)
  • #3,029
  • Apr 7, 2017 12:26pm Apr 7, 2017 12:26pm
Hi Achlys,

Thank you for taking the time to reply to my concerns. I believe you, because I know exactly what you're talking about. Have a look through my history (if you have time...totally understandable, if not just my uploads) and you'll see I've made similar entries. The question is not whether or not a real phenomenon is being documented here...it completely is. I wholeheartedly believe supply and demand is shown on the charts. But making money from it is a different story; just like entering at the top or bottom of a trend with other methodologies. It works as long as it doesn't. But even if it works sometimes, there are too many variables otherwise to make consistent money from the markets without knowing the behind the scenes story that the big boys use. They don't need charts to communicate. They have telephones. IM. Everything everybody else does. They also have political connections to give them a heads up in exchange for kickbacks. It's a rigged game and little people can't win it without an incredible amount of luck...in which case a trip to the casino is much more preferable. Hell, play a game of poker, there's at least some component of strategy involved and it's a lot more enjoyable than chasing pips.

I know I can't convince everyone to avoid this path. Some people just have to live it to see it leads nowhere. But at least you're smart about it and haven't paid in. It's harmless if you avoid paying. What makes me angry is that these con artists are ripping people off of money they really probably can't afford to lose. Ten grand is probably chump change for some people making six figures. For most of the rest of those in first world countries, however, it's a significant amount of money. For those in the third world, it's their life savings if they have such a thing. It's an unethical, corrupt business and that's why I'm calling it out for the fraud it is.

Quoting Achlys
{quote} Kenzler. Believe it or not , IF and FxYogi are not my friends. I'm not shilling for RTM. Not posturing...And as matter of fact , i've had access to the paid content of their website. (Proof , don't ask me how).. http://i.imgur.com/y8QmBoG.png And guess what ? IT WORKS. So , now , you're probably going to tell me that the only reason why i'm saying this is because i can't admit that i'm a sucker for paying for it. Guess what ? I didn't ! Didn't pay a dime ! So i'm responding from the prespective of someone who's 1 - Not a shill...
  • #3,030
  • Apr 7, 2017 12:28pm Apr 7, 2017 12:28pm
Quoting Achlys
{quote} "The most troubling aspect of their strategy remains the target." (for me..Just wanted to precise this..It's not the method , but just my lack of understanding)
IMHO.
The method has a way to know when to get out.
If you have buy position. Then after that the method say its time to sell. You know what you must do.
RIP RTM
  • #3,031
  • Apr 7, 2017 12:40pm Apr 7, 2017 12:40pm
Kanzler, what I know from what you talked above
.
You have not read all the first page of the thread.
What I know is, you are a suply demand trader. It needs a step again to make it at least 90% win ratio. Theethodology is above suply and demand for sure. 10% may be just lose cause by human error or unexerienced cause by new methodology.

Please kanzler read just all the first page. I look on you just like a man that need 10 but you have 9. Just 1 more thing and you dont need to see FF.

Please listen my advice. Look at my chart. Try demo is normal thing.

You are near from the certain thing.
RIP RTM
  • #3,032
  • Edited 6:14pm Apr 7, 2017 1:19pm | Edited 6:14pm
Wrong. You havent looked at my history nor can you read what work i did on the original RTM forum (because it has apparently been destroyed or put behind a paywall along with the rest of the community). I was good enough i was promoted to associate trader. Compression, price action zones, diamonds, quasimoto levels, decision points. Been there done that.

I am not your typical disgruntled customer I have some insight that you don't , including the benefit of seeing how this operation was methodically transformed from an open, welcoming trading resource and community to a closed source pay per view scheme over a strategic period of four years.

Hopefully you do not find my post offensive but i have brought grievance to IF before and everything he said wouldnt happen... well, suffice to say here we are three years later and the transformation is complete. My tolerance for years of deceptive practice is pretty much finished.

Quoting hendzwoter
Kanzler, what I know from what you talked above . You have not read all the first page of the thread. What I know is, you are a suply demand trader. It needs a step again to make it at least 90% win ratio. Theethodology is above suply and demand for sure. 10% may be just lose cause by human error or unexerienced cause by new methodology. Please kanzler read just all the first page. I look on you just like a man that need 10 but you have 9. Just 1 more thing and you dont need to see FF. Please listen my advice. Look at my chart. Try demo is normal...
Last message and response, now that I'm banned:

No scammer wants people crapping on their customer flow with facts. You're right, IF. I made a good review a long time ago. Why? Because when you made the academy you were able to rationalize it away as just an "accelerated" course for newbies and that everything was available for free, so I withdrew my complaint and even defended you once. It was a long game confidence trick to build trust and reputation. Now that you're done with that phase, you no longer feel the need to explain yourself to anyone.

But let me tell you something IF, I'm not the only previously promoted trader who knows you're a fraud. Two previous traders - one master and one associate - have contacted me over PM to confirm what I thought. You're hot air. Always have been, and I hope my posts at least keep a few innocent victims out of your grasp. You sell a product because you don't know how to trade and cherry-pick examples because it was a great way to get people to believe you. Potential victims, don't let him touch your money. Free is good - when they start asking for your cash though, and refuse to provide any evidence of their own success - it's a scam. IF is a sophisticated, highly intelligent and practiced liar and you should be extremely cautious in believing what he claims.

Quoting Ifmyante (criminal in chief)
Kanzler is, and has always been, a flake.
Bad review, good review, bad review.
I'm honoured he now has us in his signature!
I've seen enough of him though
Anybody who wants to ask questions about this operation can feel free to PM me since I am no longer able to make new posts in this thread. Oh, and anybody who agrees - please, repost these messages from time to time, as a reminder for others to not make the same mistakes some of us have.
  • #3,033
  • Apr 7, 2017 2:49pm Apr 7, 2017 2:49pm
Hello!

I find the information somewhat disperse around these pages. Is there any video recommendation from anyone following the thread closely?

Appreciated, Matt.
  • #3,034
  • Apr 7, 2017 4:42pm Apr 7, 2017 4:42pm
Kanzler is, and has always been, a flake.
Bad review, good review, bad review.
I'm honoured he now has us in his signature!
I've seen enough of him though
  • #3,035
  • Apr 7, 2017 7:25pm Apr 7, 2017 7:25pm
Hi IF and Fxyogi,
I recently joined RTM again. I planned to do some homework on FLs, but first, I have to make sure I understand how to draw them (Its like understanding basic math so I can do guess and check problems).... so I went through FL thread by prioritizing the posts of masters, but if I see it correctly, there seems to be an inconsistency in how FL is drawn. I would really appreciate it if you can answer some of my questions there on FL.
  • #3,036
  • Apr 7, 2017 7:28pm Apr 7, 2017 7:28pm
Quoting Kanzler
It works as long as it doesn't. But even if it works sometimes, there are too many variables otherwise to make consistent money from the markets without knowing the behind the scenes story that the big boys use. They don't need charts to communicate. They have telephones. IM. Everything everybody else does. They also have political connections to give them a heads up in exchange for kickbacks. It's a rigged game and little people can't win it without an incredible amount of luck...in which case a trip to the casino is much more preferable.{quote}...
There are many edges in the market, some more effective than others. Most price relationships have been around for over fifty years, recycled over and over again; some clearer than others.

There is corruption within the industry of course, dealer price fixing as just one example. But you have made it your mission to convince everyone there are no edges in the market because you can't consistently apply one of them. I have no idea of the internals of RTM, I'm not a member, so I cannot comment on the validity of your statements in that regard. However, you have a truly horrible attitude.

I addressed you because I find fervent displays of misinformation, packaged as the ultimate truth, quite frustrating.

The market is rigged, everyone's out to scam you, the world is out to get you, anyone successful has either cheated, stolen or is lying about their success. All comments pulled straight from the playbook of those unwilling to take responsibility for themselves.

I do wish no one harm, so hopefully you are able to drop your piss poor attitude and succeed in you next endeavour. Best of luck.
  • #3,037
  • Apr 7, 2017 10:01pm Apr 7, 2017 10:01pm
Quoting Enlightenme
Hi IF and Fxyogi, I recently joined RTM again. I planned to do some homework on FLs, but first, I have to make sure I understand how to draw them (Its like understanding basic math so I can do guess and check problems).... so I went through FL thread by prioritizing the posts of masters, but if I see it correctly, there seems to be an inconsistency in how FL is drawn. I would really appreciate it if you can answer some of my questions there on FL.
Hi EM,

Lets discuss it over at the RTM community mate. All I will say here is that there is a very strict way which they have to be drawn. What looks like a FL often is not and the true FLs can often require lots of digging down

I just saw your post over in your journal. Lets continue the chat there shall we.

Cheers,

CLint
Bye Bye FF
  • #3,038
  • Apr 8, 2017 12:28am Apr 8, 2017 12:28am
Quoting Albergo
{quote} Here is my view... Keep in mind that the edges of CP are important areas of supply/demand. Very often they will be defended on FTB; however when the first zone in a cp breaks with follow-through, that decision to break becomes important. {image}
what is the rule of marking a flags?
Meeee
  • #3,039
  • Apr 8, 2017 4:12am Apr 8, 2017 4:12am
Quoting dhiy0
{quote} I was once like you, slow to catch things up. In face I still am. Then i found RTM i was like yayy.. I sent my homework to homework sections but then the website was in maintenance and I was furious about the new billing policy. I was just about to learn the whole market flow and it was about a week then the website went down. But i know RTM is the correct place to learn market flow. I thought there was no hope anymore lol.. Luckily i found another source from ace gazette. My mentor taught me all about the manipulations and orders. The price...

Why did you write, that figure it out before it is too late?
  • #3,040
  • Apr 8, 2017 7:56am Apr 8, 2017 7:56am
Quoting Albergo
{quote} Here is my view... Keep in mind that the edges of CP are important areas of supply/demand. Very often they will be defended on FTB; however when the first zone in a cp breaks with follow-through, that decision to break becomes important. {image}
Hi Albergo,

yesterday I stayed up for a few hours more until I understood the way you marked the FL's and the FTR's, CP. And when I saw it, started marking them in different TF until I understood what you meant and see how the price retraced to FL and its reaction. Lots of good information on the chart.

Thanks a lot for your help. If you don't mind, will post some charts to comment.
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