ShadowPit - Page 2 - RTM Community
ShadowPit - Page 2 - RTM Community
ReadTheMarket.com
The only School which understands The Market
Index
Recent Topics
New Topic
No Replies
My Topics
Welcome, RTMindia
Logout
Page: 1 2 3 4 5 6 7 8 9 10 ... 15
TOPIC: ShadowPit
GBPUSD Outlook Practice #26
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 1/39
7/27/2018 ShadowPit - Page 2 - RTM Community
GBPUSD Monthly GU is not a pair that I can say I have a good track record with. In
the interest in improving my comfort with this pair, this is my bigger picture view of it.
GBPUSD Daily I am a little concerned that there are fellow traders jumping into longs a
bit early with no fresh demand zone, or price action to indicate a direction change on
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 2/39
7/27/2018 ShadowPit - Page 2 - RTM Community
the HTF.
HOME EDUCATION FORUM MORE LOGOUT
Attachments:
THANK YOU
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 3/39
7/27/2018 ShadowPit - Page 2 - RTM Community
USDCAD M5 Kicking myself for not leaving a pending on this one ( analysis )
Attachments:
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 4/39
7/27/2018 ShadowPit - Page 2 - RTM Community
CADCHF M30 I personally feel that this is consumption of orders with the intention of
going higher, but I also know that the market does not give a damn what I feel. So the
best bet is to wait and watch for a range-box-breakout-retest before placing an order.
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 5/39
7/27/2018 ShadowPit - Page 2 - RTM Community
Attachments:
THANK YOU
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 6/39
7/27/2018 ShadowPit - Page 2 - RTM Community
Silver Daily I feel like its decision time for Silver. Either bulls show their hand, or we go
deeper into the FTR and shoot for a lower target. I would like to see the latter, but if you
haven't noticed yet my bias when looking at charts seems to favour the short side. A
sticking point I need to work on.
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 7/39
7/27/2018 ShadowPit - Page 2 - RTM Community
Attachments:
THANK YOU
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 8/39
7/27/2018 ShadowPit - Page 2 - RTM Community
Attachments:
THANK YOU
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 10/39
7/27/2018 ShadowPit - Page 2 - RTM Community
Attachments:
THANK YOU
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 11/39
7/27/2018 ShadowPit - Page 2 - RTM Community
GBPCHF M30
Attachments:
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 12/39
7/27/2018 ShadowPit - Page 2 - RTM Community
THANK YOU
NZDJPY At first glance I thought wow - this S/R looks very clean. But on closer
inspection there is nothing particularly defining about the historic price action. There is
also no decent price action happening with the current reaction either. I will keep my
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 13/39
7/27/2018 ShadowPit - Page 2 - RTM Community
eye on this one when the Asian session begins in 10 hours time.
HOME EDUCATION FORUM MORE LOGOUT
Attachments:
THANK YOU
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 14/39
7/27/2018 ShadowPit - Page 2 - RTM Community
NZDJPY H4 If this...then do that. Consider all time frames, put a greater weight onto
the HTF analysis. If this..then do that. Wrap around a risk management plan and you've
got yourself a choreographed dance with the market. Price might signal its intention
only to change its mind later on. You have to plan for these events, anticipate them and
be prepared to flip your view at a moments notice.
Attachments:
The following user(s) said Thank You: projectsagana, Experiorz, Paichayon, winnertrader,
cuimingzhao
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 15/39
7/27/2018 ShadowPit - Page 2 - RTM Community
NZDJPY M5 Ideally I would like to see an engulf of the orange zone and then I will
watch the approach to the dark green zone for a short term scalp back up to Major S/R
as identified on the H4 charts.
Attachments:
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 16/39
7/27/2018 ShadowPit - Page 2 - RTM Community
THANK YOU
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 17/39
7/27/2018 ShadowPit - Page 2 - RTM Community
Attachments:
THANK YOU
EURJPY Daily Stops tripped at swing low, a fake out? Weak reaction otherwise.. No
higher highs as of yet. Still a bear market for now...
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 18/39
7/27/2018 ShadowPit - Page 2 - RTM Community
EURJPY H4 Oh boy what a mess. S/R everywhere. A couple of FTR's marked off.
They might come in play early next week.
EURJPY H1 Mess confirmed. High, Low, Lower High, Lower Low, Higher High, Higher
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 19/39
7/27/2018 ShadowPit - Page 2 - RTM Community
Low? The stuff of nightmares. It's up for now, orange boxes potential targets..
HOME EDUCATION FORUM MORE LOGOUT
Attachments:
THANK YOU
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 20/39
7/27/2018 ShadowPit - Page 2 - RTM Community
beauty is in simplicity
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 21/39
7/27/2018 ShadowPit - Page 2 - RTM Community
Attachments:
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 22/39
7/27/2018 ShadowPit - Page 2 - RTM Community
THANK YOU
EURJPY H1 I ended up trading the breakout and unfortunately I moved the stop up too
soon and too close. You live and you learn.. ( setup )
Attachments:
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 23/39
7/27/2018 ShadowPit - Page 2 - RTM Community
THANK YOU
EURCAD H1 Been holding onto this one for a few days now. A few more obstacles to
overcome before my desired target. I will exit on Price action if required. I have moved
the stop up close to lock some in. ( setup )
Attachments:
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 24/39
7/27/2018 ShadowPit - Page 2 - RTM Community
THANK YOU
GBPJPY M15 This one seemed like a text book RTM setup.
Attachments:
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 25/39
7/27/2018 ShadowPit - Page 2 - RTM Community
THANK YOU
ShadowPit #43
"WHEN PRICE DON'T RESPECT SOMETHING, THERE IS ALWAYS IT BEHIND THE ACTIVITY" - AMIT
"THE PERSON WHO FIGHT UNTIL HE GET THE SUCCESS, GETS THE SUCCESS BECAUSE HE FIGHT
THANK YOU
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 26/39
7/27/2018 ShadowPit - Page 2 - RTM Community
GBPAUD M15 I need to remind myself to account for the wider spread with these cross
currencies. Turned out to be the biggest loss for the week.
Attachments:
THANK YOU
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 27/39
7/27/2018 ShadowPit - Page 2 - RTM Community
HOME
ShadowPit EDUCATION FORUM MORE LOGOUT #45
What a beautiful journal!! You do a great job of exemplifying the thought process behind
your analysis and trades. I too view the market as a rolling assortment of if then
situations and treat my analysis as such so there are no surprises. The macro analysis
is something that I think is kind of lost in the shuffle around here and is a major part of
success in the markets. I also like how instead of posting pip perfect winning trades,
you post the thought process you took to arrive to that position and give foresight in
your analysis. Am I right when I assume you got some or your inspiration from the good
Doctor?? Also, how long have you been trading because I can clearly tell you didn't just
start yesterday.
THANK YOU
ShadowPit #46
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 28/39
7/27/2018 ShadowPit - Page 2 - RTM Community
Thanks for stopping by sylntthunder. Appreciate the kind words. I don't see any other
way I can make sense of the markets without going through the process I am
attempting to fine-tune in this journal. I try to place more emphasis on the now (right of
the chart/approach & reaction) and the only way to do that is to take it one engulf at a
time in multiple time frames. The left side of the chart is all history and only a small
piece in the puzzle to me.
Inspiration actually comes from Red & the gang in the Price is everything FF thread.
Ifmyante was able to take his learning and add his own flavour from that thread and
make this wonderful website to really dumb down the learning curve for price reading
and I will see myself forever in his debt! I love Doc's work as well! I could lap it up for
days. Trading career thus far 3.5 years...slowly but surely :)
THANK YOU
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 29/39
7/27/2018 ShadowPit - Page 2 - RTM Community
Decision time for AUDNZD this week. Let's look. Assuming you're not in a trade
already...
Let's do this backwards from LTF to HTF.
AUDNZD H1 What a mess. Engulf of of lower and upper parts of the range. No point
marking all the FTRs/DBR/RBD here. All Demand and Supply are taken out, and the
only thing we can do at this point is trade to the hard right of the chart and wait for the
decision to be made and hope for a cheap entry with that momentum. Purple box is the
current range. My plan a would be for a break north and a retest of this price action
area. Guess what plan b is? A break south and a retest of this price action area. Plan
C. Well that's to be confirmed as price unfolds...
Buy the bottom of the range, and sell the top right? Well I want to be buying the
BOTTOM the NEW range and selling the TOP of the NEW range on this chart, which
you might argue is buying the top and selling the bottom of some other time frame. All I
know is that trading isn't as straight forward as one sentence catch phrases.
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 30/39
7/27/2018 ShadowPit - Page 2 - RTM Community
AUDNZD Monthly & Weekly I didn't bother too much with the left of these charts. It's
no secret that this pair is 'trending' down hard, but that means jack if I want to make
some pips in the interim. Most recent supply/demand areas marked off. Let's see what
happens this week. Watch the price action closely at the high and at the low of last
weeks candle. That is where the best clues of mid-term direction will form.
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 31/39
7/27/2018 ShadowPit - Page 2 - RTM Community
Oh yeah p.s. Does it seem obvious or uncertain that the monthly has not hit a
reasonable target after last months close?
Attachments:
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 32/39
7/27/2018 ShadowPit - Page 2 - RTM Community
QUICKHOME
REPLY EDUCATION
REPLY QUOTE FORUM MORE LOGOUT
THANK YOU
ShadowPit #48
THANK YOU
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 33/39
7/27/2018 ShadowPit - Page 2 - RTM Community
HOME
AUDNZD EDUCATION
H1 Recall the FORUM
purple box from this analysis . MORE LOGOUT
Plan A = Wait for breakout north and take the retest
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 34/39
7/27/2018 ShadowPit - Page 2 - RTM Community
Attachments:
THANK YOU
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 35/39
7/27/2018 ShadowPit - Page 2 - RTM Community
ShadowPit wrote: AUDNZD H1 Recall the purple box from this analysis .
Plan A = Wait for breakout north and take the retest
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 36/39
7/27/2018 ShadowPit - Page 2 - RTM Community
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 37/39
7/27/2018 ShadowPit - Page 2 - RTM Community
Junior Maia
by Junior Maia!!!
THANK YOU
Page: 1 2 3 4 5 6 7 8 9 10 ... 15
Forum Members' Journals Journals ShadowPit
MORE INFORMATION
Privacy Policy
Terms of Use
Risk Warning
YOUR PRIVACY: This web site uses cookies to store a small amount of information on your
computer, as part of the functioning of the site. Cookies used for the operation of the site have
already been set. By accessing ReadTheMarket site you agree with the website's Privacy Policy and
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 38/39
7/27/2018 ShadowPit - Page 2 - RTM Community
Terms of Use. What is a cookie and how can I control cookies? To nd out more about the cookies
HOME
we use, see our Privacy Policy.
EDUCATION FORUM MORE LOGOUT
DISCLAIMER: This website is started and written for educational purposes only. By no means do
any of its contents recommend, advocate or urge the buying, selling or holding of any nancial
instrument whatsoever. Trading and Investing involves high levels of risk. This website and all
contributors to this website expresses personal opinions and will not assume any responsibility
whatsoever for the actions of the reader. This website and all contributors may or may not have
positions in Financial Instruments discussed in this website. Future results can be dramatically
different from the opinions expressed herein. Past performance does not guarantee future results.
Additionally, make sure to read Risk Warning statement about trading.
https://www.readthemarket.com/index.php/en/forum/journals/2084-shadowpit?start=25 39/39