This is my last chart with annotations. Hope it helps someone. Best of luck on your journeys, may we all reach the goals we aim at. image

ReadtheMarket - Supply and Demand with Price Action

Let me try to activate your cerebral cortex in order to wrap your head around it. What is the difference between 1 meter and 100 cm? What about 0,001 km and 1 meter? What about 10 cm and 100 mm? Nothing. But you could say that 1 meter is made up of ...

ReadtheMarket - Supply and Demand with Price Action

Because of this. It might look completely random, but if you truly understand what I mean about scaling and order flow you will understand it. Scaling will also answer Uderfrykte's question below. If sell orders are present in one place, we need to ...

ReadtheMarket - Supply and Demand with Price Action

Among others - another 25R. AUDJPY and AUDUSD same setups. image image XAUUSD, didn't have a pre-screenshot. 16-17R to LTF TG. image The easiest key to freedom is scaling. If you have no nasty inner demon (like I do) stopping you from freedom, ...

ReadtheMarket - Supply and Demand with Price Action

Focus on reading price instead of zooming in on random RTM abbreviations. If you don't understand why price is doing A then B then C then you should start over again. Your signature "My trading skill is from people's kindness." has me thinking two ...

ReadtheMarket - Supply and Demand with Price Action

Missed the same one myself, MTL. image

ReadtheMarket - Supply and Demand with Price Action

Clueless newbie luck trading. image image image

ReadtheMarket - Supply and Demand with Price Action

Been waiting at the same place, 126.744 +/- 2 pips. I must say I enjoy all the recent activity in this thread. :-)

ReadtheMarket - Supply and Demand with Price Action

Uderfrykte: No, it has nothing to do with that candle and I never use tick charts. Emicovi: Just go on YouTube and search for "how fractals are made" or "mandelbrot set" or the like. image image

ReadtheMarket - Supply and Demand with Price Action

Hi Uderfrykte, I did not take this trade - I was only explaining why the QM setups shared by someone here were all ignored. If I were to take this trade my entry would be 141.012 and SL at 140.998 + spread. If you re-engineer this and understand why ...

ReadtheMarket - Supply and Demand with Price Action

This is actually my chart so I can answer - it is originally Color Levels, but I have recoded the source file to allow for more boxes and lines. Here is the original link. url

ReadtheMarket - Supply and Demand with Price Action

What I marked on that chart is the blue FL being engulfed, meaning that's the direction the ITs are going. If I trade against a HTF engulf I always wait for LTF PA to tell me it's safe to enter. I hope that explains things. I have not learnt ...

ReadtheMarket - Supply and Demand with Price Action

To me it's the last FO inside a FL.

ReadtheMarket - Supply and Demand with Price Action

image image

ReadtheMarket - Supply and Demand with Price Action

1. As far as looking at larger scale, would you mean to see if an area is truly an order/stop area? All I can say is look at what fractals are and how they are formed. That information can give you the greatest aha-moment in your life when applied ...

ReadtheMarket - Supply and Demand with Price Action

I find it very important to always look at the larger scale to see if it's a valid setup or a trick being played. image

ReadtheMarket - Supply and Demand with Price Action

Again a totally random reaction. image image

ReadtheMarket - Supply and Demand with Price Action

Totally random reaction. image image

ReadtheMarket - Supply and Demand with Price Action

My plan is to take quick 10+R trades to compound fast into financial freedom. Later I will take the HTF trades to their actual target and hold for the amount of time it takes, once I have sufficient funds to be free. My initial entry on USDCAD was ...

ReadtheMarket - Supply and Demand with Price Action

I am horrible at handling any kind of drawdown, so I took TP a little above @ LTF FL to end it quickly with a RR I am pleased with, even if it was not the planned one.

ReadtheMarket - Supply and Demand with Price Action