Hi Hotrod You were pretty much exactly right with that Also look at m1 for the first entry - it was all compressed above

ReadtheMarket - Supply and Demand with Price Action

Dhu, I haven't answered because I saw you ere answered in RTM Raffae, I won't spoonfeed the very simple stuff (soon you'll see that wasn't meant to be at all offensive ) Had to trade lately to pay for Christmas. Only had Loon chart open, so here's ...

ReadtheMarket - Supply and Demand with Price Action

Thanks so much DS for your kind words. It means a lot to me whenever somebody takes the time to show their appreciation

ReadtheMarket - Supply and Demand with Price Action

Hi Smash I think I understand what you've said, but my understanding was always that there's no centralised all-knowing tape or level 2, and that the only thing which shows every single order and player in the market is price itself. Look at high ...

ReadtheMarket - Supply and Demand with Price Action

Very true, and only Joe Calzaghe could ever have been Joe C! But When the market leaves its chin exposed, there's one thought which should always spring to mind: Hit it! The orders were there for the taking, and their target was a few pips below, so ...

ReadtheMarket - Supply and Demand with Price Action

MPL is the Maximum Pain Level. SAS is Scalp and See The former you'll find lots of information about in RTM. The latter is more for the Academy, but you should still find it on the free site someplace

ReadtheMarket - Supply and Demand with Price Action

Yup! There were clean orders, as marked on the chart as MPL of first engulf

ReadtheMarket - Supply and Demand with Price Action

Have a look at price as it approached my sell. Think of the hope caused before it, and then the pain. Then, with the knowledge of the set of orders there, you'll see why I sold. The PA to hold it came soon after

ReadtheMarket - Supply and Demand with Price Action

image There was a clean set of orders there; enough to SAS from

ReadtheMarket - Supply and Demand with Price Action

Needed to fill up the money bucket again, so dipped it in the money river Took half off image We can spend all day every day piling money up on the bank of the river, or we can live our lives, and just dip our bucket in whenever it gets low

ReadtheMarket - Supply and Demand with Price Action

Sometimes I compare, but not often. My feed rarely lets me down, and I wouldn't like to become confused by seeing possible alternatives

ReadtheMarket - Supply and Demand with Price Action

Silly me. Of course it did I really should study a chart before I comment upon it!

ReadtheMarket - Supply and Demand with Price Action

That one was a real pain in the ass! On my feed there was an engulf down to 0.86647, and you'd normally imagine that'd allow for a drop to around 0.8657 The engulf, however, happened at around 5am UTC, and I have a lingering mistrust of PA at times ...

ReadtheMarket - Supply and Demand with Price Action

This is a public forum, as is RTM. That's exactly why we will never tell you here or there "this is where to put your entry, sl and tp" There's absolutely no way I'm letting the ITs know where our orders lie. That's tantamount to giving them all our ...

ReadtheMarket - Supply and Demand with Price Action

Hi Yogi, guys. My beautiful and wonderful daughter has been going to karate training twice a week for some time now, and she's getting very good at it. She goes for the exercise and dexterity. I want her to go, not so that she will learn how to ...

ReadtheMarket - Supply and Demand with Price Action

I'm sure everybody who knows me is laughing their heads off that somebody's asking me for tech help! The guys are working on this already, but I'll go in and take a look myself. Just stand back from your computer while I'm doing it. I may ...

ReadtheMarket - Supply and Demand with Price Action

There's really no need to go looking for the statistics on this. It's just obvious that there's no reason whatsoever to give significance to the fact that at 3:25, price is higher or lower than it was at 3:20. Time just isn't a factor. I'd be quite ...

ReadtheMarket - Supply and Demand with Price Action

I was about to give out about using 1% per pip, but then I remembered that I've done that many times and got my rent paid in minutes! Just please don't anybody do it until you're fully in tune with the market. So, I agree with you (with reservations ...

ReadtheMarket - Supply and Demand with Price Action

Just catching up on what seems to have been lots of conversation today! Guys, please don't ever feel the need to defend what we do. If someone challenges you or tries to discredit you, just smile, because they've shown you they're too frustrated to ...

ReadtheMarket - Supply and Demand with Price Action

Hi You'll get there once you've unlearned all the rubbish which you've learned, and start to simply study price and its psychology. Regarding signing up; we've had big problems with that lately, so are migrating servers today to fix the problem. ...

ReadtheMarket - Supply and Demand with Price Action