The above screenshots are from ReadTheMarket, and this concept of PAZ and Engulf is claimed by some to be the holy grail of trading. There is obviously a lot more to it (how to identify zones, multi time frame analysis etc), but slowly the light is beginning to dawn on me. I was looking through my journal and I realized a lot of my failed trades were due to taking a trade without waiting for an Engulf. It is hard to put it in words, but the above concept really is the missing piece of the puzzle. Not expecting a new reader to understand the screenshots without thorough studying of the other Supply/Demand concepts at RTM, but really it is worth the effort.
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