I have just done it. I can not Enter the Market, it is not up to me. image This is the current situation. I know what to play, now! Do you?

Price Action in Day Trading by Dadas

@ejiexe The first problem is Ego, you know. The second is patience. Patience to wait out for the clear situation. Basically, if we do not see a clear situation, we should just wait. I know, that you combine the PTECZ with your Divergence/Convergence ...

Price Action in Day Trading by Dadas

I have done it and there is a very good live example in this thread! Maybe you missed something? And, I do not pick the PTECZ, the PTECZ was there. There aren't many PTECZs to choose from. I just look for the one most appropriate to the situation.

Price Action in Day Trading by Dadas

@ejiexe Under your posts there is this signature: THE DIFFERENCE BETWEEN EXCELLENT AND GOOD IS ATTENTION TO DETAILS. It should be: THE DIFFERENCE BETWEEN GOOD AND EXCELLENT IS ATTENTION TO DETAILS. And, that is the difference. You should, at least ...

Price Action in Day Trading by Dadas

Sorry ejiexe, but you DO NOT PASS! image Apart from the mistakes that are not PTECZ at all, you do not need any of these Zones except for the Red one! Actually, you need this: image Then you go to W1: image Then you go to D1: image You got ...

Price Action in Day Trading by Dadas

OK, I will show you why it is important to know all the levels from MN! Remember what I posted about Understanding the Chart? Remember what I posted about the workings of the Candlestick? This applies to every Candlestick! So, I was plotting PTECZs, ...

Price Action in Day Trading by Dadas

I am 53 years young! I have 2 kids: daughter 27, son 15. I have all the respect for You and even my adversaries. I am raising your goal level. You can see this, or continue fighting!

Price Action in Day Trading by Dadas

Yes, if you want to take my role, here, and judge how correct other people are, then you must pass the test. Do one like stevepatt! Do one like I do! Thank you for deleting that terrible MA! I said it before: Polite has nothing to do with Forex ...

Price Action in Day Trading by Dadas

stevepatt put the label where the new Lower High on Bears was. I think stevepatt meant the New Lower Low of the current Price Level. The Price is, now, Lower than the previous retrace Low. However, still Higher than the D1 retrace scale.

Price Action in Day Trading by Dadas

I have heard the opinion that GOLD is the real currency of this world. There must be a reason why National Treasuries keep a huge reserve in GOLD. USA is the biggest example! IMO the big moves, like recently, are only caused by National Treasuries. ...

Trading Gold with PA

I do know the worth of my realizations! CSCZ, TBCZ, PTECZ and the Zone Candle. I will not be surprised, just satisfied! I do not have a problem with pulling the trigger. You felt it on yourself, yesterday! I have a problem with not being able to ...

Price Action in Day Trading by Dadas

@ejiexe When you notice that some has made an error in their analysis, you are invited to point it out in the same polite way that you do! However, you have no right to tell people if they are doing their analysis correct or not! You have not ...

Price Action in Day Trading by Dadas

As for Long Targets, look for PTECZs on previous Bullish Trend. Consider the ADR for your pair. Check if there are any PTECZs at ADR Levels on previous Bullish Trend. You have got your Targets! image Only, you do not know any certain Prices. You ...

Price Action in Day Trading by Dadas

image image So, what do you need now? If Price Breaks Up from H4 Green PTECZ, take Long on Retrace back to PTECZ. Why do you need to assume a certain Price? If you have enough reason to Enter Long on this Break Up from Blue H1 PTECZ, you should ...

Price Action in Day Trading by Dadas

The secret, again, is the Ego! When the Ego wants to be smarter than the PTECZ, that is where we lose! When we only mark our PTECZs, we see the situation and we win! Never try to be smarter than the PTECZ!

Price Action in Day Trading by Dadas

What I have just shown you, is what we should all be doing! The Day Trader should be doing this every day, all the time! Also, as the situation develops! This is the goal! I am practising to achieve this goal. I can do this when not trading, as you ...

Price Action in Day Trading by Dadas

Of course, you could have gone Long there, on Friday: image But, also Close it at the top, somewhere!

Price Action in Day Trading by Dadas

You have touched the tip of the iceberg of what I am doing!

Price Action in Day Trading by Dadas

stevepatt has shown you the right way to do it, from the top, from MN. You need to know what is happening on the bigger scale, larger Timeframe, and narrow it down to your trading Timeframe - then Enter from a small Timeframe. So, from MN to H4, or ...

Price Action in Day Trading by Dadas