Hey, Yogi bro, would you mind showing the entry/exit on the charts too? I'm interested to learn, especially failures. here is my guess from hindersights, anyway, could you explain where my readings go wrong, if possible?

ReadtheMarket - Supply and Demand with Price Action

Yogi Bro, one question please. please see the chart below. thanks.

ReadtheMarket - Supply and Demand with Price Action

you completely missed my point, and my signature title has nothing related with this discussion. even i'm a loser, my comments need to be judged with logical reasons, right? you are right that his 1st post is unclear (though i understand what he's ...

The Coin-Flip Theory

has anyone checked the validity of the claimed performance? for example, i cannot replicate the entry/exit of day 2 on which 805 pips were reaped. i admit i have not backtested, but i believe a simple backtest may prove it is not (far from) as ...

The Coin-Flip Theory

thanks for your input, yes, what you convey is in fact what i'm asking if： we may trade within a flag, but at the edge (FL) of the flag, instead of in the middle of a flag. one thing i guess is that IF's flag concept has evolved beyond traditional ...

ReadtheMarket - Supply and Demand with Price Action

this is a little shocking to me, sorry for my misunderstanding. i remember on RTM, Les_Paul said this and i thought it is iron and steel. here, post 138#: url quote: " NEVER TRADE IN THE MIDDLE OF FLAG! " Many thanks to IF master! I know there's a ...

ReadtheMarket - Supply and Demand with Price Action

absolutely, never trade within a flag, i always remind me of that too. this is where i need to improve. anyway, my main point is for this chart, right now the price bias is bearish, since more orders below for the price to 'hunt' than the above, ...

ReadtheMarket - Supply and Demand with Price Action

Yogi Bro, here's an example I run into in simulation. I snapshot it for your reference the yellow line is the trade this tiny understanding gives me a little boost to be more brave to pick bottom & top. but, it is still far from being a solid ...

ReadtheMarket - Supply and Demand with Price Action

if i use your chart as an example of my thought i'd relentlessly short, although this is a late entry. reason on chart is the price is trying to get out the flag. reason on logic is apparently, there's more orders/liquidity below (the FTR you ...

ReadtheMarket - Supply and Demand with Price Action

Hey, Yogi Bro, there's really nothing to learn from me as I have no statistics to support my understanding. however, it is not about breakout trading, but contrarian, same like in this thread taught by IF. very difficult to post a chart in office, ...

ReadtheMarket - Supply and Demand with Price Action

not answering your question as jambo already did, Yogi Bro. Just to make here noisy. i seemingly had a huge leap in my understanding. for example, in this chart you attached. i put a black line under your blue box. when price leave the blue box and ...

ReadtheMarket - Supply and Demand with Price Action

Sorry, i don't understand your point. FTRs are places to look for long, but if it is engulfed, it'll be the opposite, isn't it? The left side doesn't matter here as i intentionally select out the left side.

ReadtheMarket - Supply and Demand with Price Action

yes, that's my guess too, my underlying doubt is actually there's no difference between FO and Engulf.

ReadtheMarket - Supply and Demand with Price Action

Hi, Mertch, hope you doing well, sir! My question is about how do we tell if an engulf fails? or how to differentiate an engulf from a fakeout? the attached chart (USDCAD, 2004, Apr) shows an engulf of a FTR, implying bearish move in future, but on ...

ReadtheMarket - Supply and Demand with Price Action

love this quote, lol, i often didn't feel it when entering, and felt it later

ReadtheMarket - Supply and Demand with Price Action

Hi, Yogi, i think this might be a insightful discussion (for me, mostly). during my testing, i draw the boxes in my learned way from RTM. For the past few days, I often felt confused when reading your boxes in your charts. They are great looking, ...

ReadtheMarket - Supply and Demand with Price Action

Yogi Bro, I've spent a while to put my read & doubts on the attached chart, please comment. your three boxes look delicate, but i have doubts like 'why didn't he draw it that way but this way?', i put my guess of what these 3 boxes are in red fonts, ...

ReadtheMarket - Supply and Demand with Price Action

Yogi Bro, thanks for your help! I'm trying to digest now. I understand for important engulfs, FL is FTR. Therefore the FL is not a line as I thought (edge of a flag), it is an area defined by the FTR zigzag. But a Flag between upper FL and lower FL ...

ReadtheMarket - Supply and Demand with Price Action

Yogi Brother, Please help me. i have serious doubts on how you draw the box. I guess they are the 'flag'? and the upper and lower edge of your box are flag limits? could you please take a look at my flag? these blue boxes, i take the upper/lower ...

ReadtheMarket - Supply and Demand with Price Action

very pathetic, lol.

ReadtheMarket - Supply and Demand with Price Action