That's an excellent start! When we see supply or demand, it's vital we look beyond them to see what they're reactions to, or engulfs of. If they're reactions, what they're reactions to are more important than the reactions themselves. If they're ...

ReadtheMarket - Supply and Demand with Price Action

Hmmmm, I suppose the best tip I can give you is to put your entries where your stoploss used to be. After that, there's a lot to learn

ReadtheMarket - Supply and Demand with Price Action

You can't understand a book by reading only one sentence from it. To find out which FL is important, we must zoom out, to read the full story, and see which FL was a break of a previous FL. Due diligence will have us check what that was a break of ...

ReadtheMarket - Supply and Demand with Price Action

You did that really well! However, on the far right, there's no engulf on this scale

ReadtheMarket - Supply and Demand with Price Action

Your marking looks like you've come a long way, so very well done you! However, expecting S/D and S/R levels to hold, just because they're there, still leaves you in the herd. The sooner you get out of the herd, the better it will be for you! To get ...

ReadtheMarket - Supply and Demand with Price Action

Understanding scale comes naturally once all the other concepts have become clear. But, it's explained in a very simple lesson in the full Academy Course, which we hope to give to all our members soon. On a side note: It's odd that there's no buzz ...

ReadtheMarket - Supply and Demand with Price Action

It's kind of true that you won't be told the answers here. That's simply because all the questions have already been answered, either here or in RTM I'd love to read some original questions though

ReadtheMarket - Supply and Demand with Price Action

I don't know what's wrong with me! Three out of the last four posts by others I don't understand at all!

ReadtheMarket - Supply and Demand with Price Action

"Is a real PA always 100% telling the future price bias?" It's very rare indeed for real PA to lie. I've seen it lie a couple of times, between christmas and new year, while tumbleweed was blowing around the marketplace. M1 or M5 levels broke ...

ReadtheMarket - Supply and Demand with Price Action

DK. You didn't draw them as I would. Hendzwoter, I have no idea what your last post means.

ReadtheMarket - Supply and Demand with Price Action

That's a really good question, and very important. My ex'es brother turned his first 500, I think it was, into something like 14,000 in a few days, then lost it all on one trade, because overall he had no freaking idea what he was doing! What I can ...

ReadtheMarket - Supply and Demand with Price Action

Okay, there are a few problems with this. First, it seems that your MPL is lower than the low to its right, so the FL is drawn incorrectly. Secondly, there are only an handful of candles on your chart. You won't understand a story by reading only ...

ReadtheMarket - Supply and Demand with Price Action

Yes, absolutely. There are a number of possible turning points not visible on that chart

ReadtheMarket - Supply and Demand with Price Action

It's very normal for a FL not to retrace to the MPL, and there's very good reason for it too

ReadtheMarket - Supply and Demand with Price Action

I like your first chart, although I'd have missed the trade, waiting at the MPL. Your second chart is too local, and doesn't show the other obstacles before your target

ReadtheMarket - Supply and Demand with Price Action

There's a massive difference. A fakeout engulfs an unimportant high or low, whereas a breakout engulfs a flag limit

ReadtheMarket - Supply and Demand with Price Action

I'd love for someone to trade my account as I'd like it traded, so feel free to show me what you can do

ReadtheMarket - Supply and Demand with Price Action

Are you really discussing the illegal sharing of accounts?! What is this World coming to?!!

ReadtheMarket - Supply and Demand with Price Action

That bearflag is a method of adding to the overall short position by creating a temporary uptrend which attracts buyers, while at the same time making a killing off the S/D stops above each high

ReadtheMarket - Supply and Demand with Price Action

Hmmmm. It's fine on firefox, but chrome is having issues. Bear with us

ReadtheMarket - Supply and Demand with Price Action