That's good. With strong pushes through the stops like those, of course they can be traded! It takes a lot of experience to be able to catch speeding objects like that, but our guys do it all the time :-)

ReadtheMarket - Supply and Demand with Price Action

Hi all, this is really important, so I implore everybody here to read this article as many times as it takes to understand its implications, and to share it everywhere you can. This empire is so near endgame that we may very well be be too late to ...

ReadtheMarket - Supply and Demand with Price Action

Hee hee! I wish I was allowed to give thumbs up! That's one of the best diatribes I've ever seen Hendz, lest there's any further confusion, LS IT means Left Shoulder Institutional Trader; the IT who focuses on left shoulder levels

ReadtheMarket - Supply and Demand with Price Action

You'd be right, if the entry were on the M15 scale, but the M1 provided a trade opp that we've become well used to in RTM. The stop is beneath the cap! Note to RTMers: Please don't let me wake to find pictures here with green elipses in them!

ReadtheMarket - Supply and Demand with Price Action

For the trade he took, the stop is perfect, given the LTF PA he had

ReadtheMarket - Supply and Demand with Price Action

1:37 closed today by Franc. That's how RTMers roll image

ReadtheMarket - Supply and Demand with Price Action

That looks good

ReadtheMarket - Supply and Demand with Price Action

There are usually great trades to be taken every day. However, with the high R achievable, there's no need to trade every day. You can focus on as many or few pairs as you like. Once you only take the trades that are screaming to be taken, you're ...

ReadtheMarket - Supply and Demand with Price Action

The left shoulder is screaming at you from that side of the chart

ReadtheMarket - Supply and Demand with Price Action

For me this was all after vertical 2 image A quick retest is great if there are stops to be had. In this case, there were. But there was perfect PA here in advance of the trade, offering nice R. Candle shapes mean nothing to us. They're just ...

ReadtheMarket - Supply and Demand with Price Action

Here's a good example I just found: Two traders, as so often happens, took the exact same trade (without prior discussion) last night, and each got 10R for their efforts! Nicely done Franc and Zee image

ReadtheMarket - Supply and Demand with Price Action

We have traders working in all scales, and on a daily basis, they're returning with 1:15 and more. Some of them can be seen in our facebook page. Note to self: update fb page

ReadtheMarket - Supply and Demand with Price Action

I've written a lot of lessons in here, in RTM, and in the academy. I don't remember what I wrote where, as I've been doing it for years. But I can imagine that I went into far more detail in my own sites, as they're where I feel at home. Now that ...

ReadtheMarket - Supply and Demand with Price Action

That's a good eye

ReadtheMarket - Supply and Demand with Price Action

If you see Weekly PA, you need to trade the Weekly scale. Trading from the nearest H4 level is very dangerous. Give the ITs a chance to get lots of retail sellers in, all the way up, so they can take their stops higher. Don't give them your orders ...

ReadtheMarket - Supply and Demand with Price Action

Okay So this is the first push into the zone. I see that there are a few orders left at the price you marked on the recent low. What I don't see yet is a powerful enticement for the herd to buy, which is important at a place where the ITs want to ...

ReadtheMarket - Supply and Demand with Price Action

That's all too vague for me to understand. Which RS has been broken? What trade opportunity are you seeing, and why?

ReadtheMarket - Supply and Demand with Price Action

You're on the right track! Nice work

ReadtheMarket - Supply and Demand with Price Action

image

ReadtheMarket - Supply and Demand with Price Action

WOW! You got the perfect reply already. Did you neglect to read that too?

ReadtheMarket - Supply and Demand with Price Action