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Dadas replied May 15, 2013I've added a couple of extra Pips. Can't wait, cause got go to do smth else. image +116.4 all together, today.
Price Action in Day Trading by Dadas
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Dadas replied May 15, 2013The same situation as yesterday! Triple PTECZ setup! H4, H1, M30: image
Price Action in Day Trading by Dadas
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Dadas replied May 15, 2013For those of you who might be wondering what lvoe 1.6.1 is, it is: Luktom Visual Order Editor 1.6.1 It is an Order Manager to manage TP, SL, BE, Trailing Stop and such directly from the chart by just moving the lines. A very helpful, easy to use and ...
Price Action in Day Trading by Dadas
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Dadas replied May 14, 2013In other words, people, this is not a method for those who think that clicking is all you must do! This is a method for those, who want to learn and be successful in Trading! This is a method for those who want to know what they are doing. This is a ...
Price Action in Day Trading by Dadas
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Dadas replied May 14, 2013finaclefx case comment: If you refuse to do the analysis, if you refuse to know the potential S/R PTECZs, if you refuse to learn Price Action, if you refuse to see the dominating Trend, if you refuse to wait for confirmation of Trend reverse, you ...
Price Action in Day Trading by Dadas
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Dadas replied May 14, 2013You did not learn my lessons! You did not do the analysis. You did not know the Resistance PTECZ Level. You went against Trend. You did not plot the current PTECZ which was indicated! You did not enter Short at the Top of that PTECZ. You jumped ...
Price Action in Day Trading by Dadas
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Dadas replied May 14, 2013I think you missed the Body part. It is not the whole length but the Body which make a PTECZ. We plot it from High to Low, but recognise it by Body. image
Price Action in Day Trading by Dadas
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Dadas replied May 14, 2013Well, there is the definition of PTECZ, however, life is life, Price Action is also what is happening. Sometimes you must interpret on your own. We are talking about Consolidation Zones. They have different faces. Sometimes they are what they are. ...
Price Action in Day Trading by Dadas
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Dadas replied May 14, 2013image The simplest way to explain on the chart!
Price Action in Day Trading by Dadas
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Dadas replied May 14, 2013My Trades of Today. All Traded off the M1 chart upon S/D & PA with the use of my PTECZ. image +127.5 Pips And, it is getting very consistent!
Trading Gold with PA
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Dadas replied May 14, 2013What is it you don't understand? Supply/Demand? It is already on the chart. Everything is on the chart: Trend, Consolidation (PTECZ), Price Action. There is a lot of Supply on GOLD today. There is little Demand. A lot are selling, not a lot are ...
Price Action in Day Trading by Dadas
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Dadas replied May 14, 2013This time I was patient, but then got impatient and closed manually: image Anyway, I added +32.9 Pips. Together +127.5 Pips.
Price Action in Day Trading by Dadas
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Dadas replied May 14, 2013I did not take another Trade, but I want to show, yet again: image If anybody says that this is not Supply/Demand Trading, they must be either blind, refusing to see, or they just do not know what they are talking about. No matter how experienced ...
Price Action in Day Trading by Dadas
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Dadas replied May 14, 2013Price Breaks Down from PTECZ Trap, most important, Price Breaks Down from H4 PTECZ. I Open 1 Short, then Price Consolidates and forms M15 PTECZ. I Open another Short higher. Of course I know my Potential Stop from higher Tfs. image +94,6 Pips. PS. ...
Price Action in Day Trading by Dadas
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Dadas replied May 14, 2013@P.Action, I have some advice for you: Looking at your charts, I see they are very bad charts. There are very many gaps, missing data. I think you should consider changing Broker. If you do not want to change Broker, work from better charts!
Price Action in Day Trading by Dadas
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Dadas replied May 14, 2013A PTECZ Trap! image Price is caught in a series of PTECZs: H4, H1, M30, and there was also M15. The PTECZs overlap.
Price Action in Day Trading by Dadas
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Dadas replied May 14, 2013Good Trading! However, do you use SL? If you do not use SL, you must be an extremely self-disciplined person in order to close the Loss when it comes! A day will come when GOLD starts in one direction for hundreds and thousands of Pips. If you are ...
Price Action in Day Trading by Dadas
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Dadas replied May 14, 2013At that time I shut down and go to bed! But today I can answer: image image
Price Action in Day Trading by Dadas