UJ 12.7R and UC 12.2R image image

ReadtheMarket - Supply and Demand with Price Action

Consider where most retail traders put their stop loss and you will know why price returns and bounces from those levels. Read up on simple market mechanics such as supply and demand, what actually happens when you put on a trade and what happens ...

ReadtheMarket - Supply and Demand with Price Action

If there are no sellers, there can be no buyers at said level and vice versa. Think about it and you will understand why there are remaining orders at these levels.

ReadtheMarket - Supply and Demand with Price Action

Thank you for the feedback Fxyogi. However I feel it is inevitable that we all develop our own analytical style, but with flag limits and engulfs as the core foundation. However with my style that was an engulf and the signal to enter long on that ...

ReadtheMarket - Supply and Demand with Price Action

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ReadtheMarket - Supply and Demand with Price Action

Yes, engulfed in my view as well. This was a reactionary trade taken with that specific target up above (if you look at H1 we returned to the FO level/origin of the engulf in that scale). Good to see you replying again Fxyogi.

ReadtheMarket - Supply and Demand with Price Action

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ReadtheMarket - Supply and Demand with Price Action

"A setback has often cleared the way for greater prosperity. Many things have fallen only to rise to more exalted heights." image

ReadtheMarket - Supply and Demand with Price Action

Do not spoil what you have by desiring what you have not; remember that what you now have was once among the things you only hoped for. image image image image image image image image

ReadtheMarket - Supply and Demand with Price Action