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Dadas replied Apr 22, 2013markup, You have got the idea wrong, I think. I am not predicting the future from charts! I am watching PA and deciding on the Market Entry/Exit upon PA signals. You show me a chart. I do not know what you are showing me. I do not know if I have ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 22, 2013Welcome forexing2008! To put you on the right rails, this is just your opinion! You have the right to your opinions, just as everybody else. This thread is not about opinions. Show me a situation that you state your opinion about on your chart, and ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 22, 2013People, why do you refuse to do it the right way? Is your chart, really that different? One look at GBPUSD D1 and you see a long Bearish Candle and PTECZ just after it. Candle_Index = 3. image You must know if the Bearish Trend is ending or not, ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 22, 2013It is a pity Bookman did not want to go by our rules and left us. I did not ignore him, I showed him the way, but he refused to see. Bookman, and probably many other Traders, stick firmly to R/R. They rather SL than give up their R/R! This is a ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 22, 2013GBPJPY I got up earlier today, spring has come! So, I saw a situation on GBPJPY. I did the preparation analysis yesterday. Today I found an H4 PTECZ where the Price was, PTECZ is 56 Pips wide. I looked at PA - Price does not want to Break Down, ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 22, 2013Salut, Luba! Menia eto nravitca! Posmotrim, uvidim! I like what I see.

Price Action in Day Trading by Dadas
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Dadas replied Apr 22, 2013zarach, You know that Price Action is always first. Do not try to assume, read Price Action. What does PA tell you on D1? image Strong, Bearish! Now, you have a twisted idea to trade inside another D1 PTECZ, so you know it is Bearish, you find ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 22, 2013stevepatt, I know some other platforms use M1 for monthly, but MT4 M1 = 1 minute chart MN = Monthly chart (43200) W1 = Weekly chart (10080) D1 = Daily chart (1440) H4 = 4-hourly chart (240) H1 = Hourly chart (60) M30 = 30-minute chart (30) M15 = ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 22, 2013Just, read the PA! Assuming is what you think. Reading PA is what Price is doing. If Price, on retrace to H4 PTECZ closes with Higher Low, then it is Long, right? This is not assuming, only acting upon PA.
Price Action in Day Trading by Dadas
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Dadas replied Apr 22, 2013Which Tf PTECZs you want to follow is up to your Trading Style and Strategy. That is what you need to figure out for yourself based on the ammount of time you want to spend on analysis and Enetring/Exiting the Market. I see you get the idea, well. ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 22, 2013Great job! Some Guys are really touchy, I guess?! Can't take a joke?
Price Action in Day Trading by Dadas
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Dadas replied Apr 22, 2013That is called "closing the gap". D1 Candle Index = 1 on Monday is Sunday Candle. Set your Candle_Index to 2 on Monday!
Price Action in Day Trading by Dadas
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Dadas replied Apr 22, 2013If you have the right mind to filter out what is rubbish, practically everything is at one source. Search for "mql4 codebase".
Price Action in Day Trading by Dadas
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Dadas replied Apr 21, 2013but you have to find the one way that suits your personality Personality - that is your main problem in trading Forex! When you go trading, you should leave your personality in the other room!
Price Action in Day Trading by Dadas
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Dadas replied Apr 21, 2013For MAC users, 9 instances of simplified Custom_Zone_Candle.ex4
Price Action in Day Trading by Dadas
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Dadas replied Apr 21, 2013So, again, here attached 9 instances of simplified Custom_Zone_Candle.mq4. You must put them all on the chart. Then save as template, and you can quickly apply to other charts.
Price Action in Day Trading by Dadas
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Dadas replied Apr 21, 2013
Now, this is one man who is working hard!
Follow his example, you will get there! stevepatt, I see you are plotting your PTECZs manually, so the levels do not come out corret. MT4 interprets levels when plotting manually, and ...Price Action in Day Trading by Dadas
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Dadas replied Apr 21, 2013Break Down Candle is the Candle which Breaks Down from the Consolidation, the PTECZ. Break Up Candle is the Candle which Breaks Up from the Consolidation, the PTECZ. Doji Candle is one type of PTECZ. And, yes, this is already late Break Down. There ...
Price Action in Day Trading by Dadas