Will you let me know when you make $1.000.000?

Price Action in Day Trading by Dadas

My Trades of Today, on GOLD only: image

Price Action in Day Trading by Dadas

So, let's think! 0.1 Lot @ 100:1 Leverage means 1 Pip = $1 250.000 Trades @ 1 Pip Profit = $250.000 25.000 Trades @ 10 Pip Profit = $250.000 2.500 Trades @ 100 Pip Profit = $250.000 100 Pip Profit is possible in a day. Even much more! Make that ...

Price Action in Day Trading by Dadas

250.000 views and counting since 19 March, 2013!

Price Action in Day Trading by Dadas

So, there is this guy, stevepat. He represents the same style as yours. He hasn't posted quite a while, but he was very active and we analysed a lot of examples. Look up his posts and follow my comments. You should get the idea very clearly.

Price Action in Day Trading by Dadas

image

Price Action in Day Trading by Dadas

Well, P.Action, I must say that you do not understand Price Action! You can not read Candlesticks! You are just lucky, sometimes! Everything says "Sell at Top" - You buy at bottom???

Price Action in Day Trading by Dadas

Do you mean you Trade the D1 Candles? Enter at Open, Exit at Close? Or, do you Enter setups on D1 and Close on Targets, so your Trade stays Open for a couple of days, or weeks, even? Or, your idea is different?

Price Action in Day Trading by Dadas

Thanks for joining us on the ride! Please, be patient and read through the whole thread, no matter how long it is. All the questions you ask have been answered already, even more than once. You will find examples, mine and other guys, who also like ...

Price Action in Day Trading by Dadas

Well, yes, fine! That often happens. I Closed 2 Trades at smaller Pips, +39 together, when Price went back up. Because it missed TP by 1 Pip maybe or less. But, in the next hour Price went even lower. It is not good to Trade when the ...

Price Action in Day Trading by Dadas

eurusd: image image image

Price Action in Day Trading by Dadas

You know what? Maybe learn Price Action, first. Go back and learn how to read the chart. Learn how to read the Candlesticks. Then, start using the ideas of CSCZ, TBCZ and PTECZ.

Price Action in Day Trading by Dadas

I don't think so! Looks like you wait for SL, now. But, I may be wrong!

Price Action in Day Trading by Dadas

Now, here is an example of one Trader who received some harsh treatment in the past. He did not resist, he took the treatment. He may not be following the rules, exactly. He may not be polotting PTECZs correctly. But, he knows what Consolidation ...

Price Action in Day Trading by Dadas

But that is another element you missed or did not read in earlier posts. Did you check for PTECZ on H1, H4 when you saw M30 PTECZ? This is the potential false break issue. If you had checked H1, H4, even D1, you would see it was not a Break Up! You ...

Price Action in Day Trading by Dadas

You see, if you had Entered Short where I show, and expected TP where I show in Pink, you would have made some Pips even on the retrace. image

Price Action in Day Trading by Dadas

OK, if you know what you are doing and you are ready to Close at Profit, any Profit. If Blue area is the Zone Candle, then the Price has Broken Up the Resistance which is now Support. So, your Entry is just scalping some retrace Pips, and it is not ...

Price Action in Day Trading by Dadas

I hope that you Guys realise by now, that psychology is a part of this method! I have repeated several times, and I will repeat again! Psychology is the most important issue at Forex Trading, and your whole life, for the fact! And, it does not ...

Price Action in Day Trading by Dadas

I would advise everybody to start from the following movies: "What The Bleep Do We Know, Down the Rabbit Hole" "The Secret" "Beyond the Secret" You know where to find them. Where all the films are, usually.

Price Action in Day Trading by Dadas

Post# 237

Price Action in Day Trading by Dadas