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Dadas replied Apr 20, 2013@stevepatt GBPUSD MN with Yearly Zone Candle: image Suggests a possible Bearish Long Term Trend upon retrace to Yearly ZC. W1: image You have got yourself a 700 Pips quest.
Price Action in Day Trading by Dadas
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Dadas replied Apr 20, 2013Yes, that is correct! You must find your context! You are looking for a larger contex! Did you also try the Yearly Zone Candle in Multi_Zone_Candle_OHLC_Lines.mq4?
Price Action in Day Trading by Dadas
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Dadas replied Apr 20, 2013Right, just supply the cases! I will supply the reports!
Price Action in Day Trading by Dadas
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Dadas replied Apr 20, 2013@Bookman I do not know how the Market will open, but since my platform runs 1 hour longer that most other platforms, there is good lookings for your TP on EURUSD: image
Price Action in Day Trading by Dadas
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Dadas replied Apr 20, 2013markup, As much as I appreciate your presence here, please, do not try to undermine my person. OK, hedge funds it is! I will correct myself, I am sometimes not so precise at names. From the Traders point of view it is 0. Your broker will not take ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 20, 2013I do understand that people are always "smarter" and they always try to figure things their own way! And yes, some harsh words are required from time to time. I see this on Pipanje's chart. Pipanje entered upon the current Candle being in "Green" at ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 20, 2013The only thing you are struggling with, stevepatt, is your own self. The point to start is when you want the Trades to take place. Your local time for Entering the Market? Your local time for Exiting the Market? During which sessions the Trade will ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 20, 2013If Pipanje decided to go Long, the Base PTECZs would be H1 Candle_Index 52 & 48. Because that is where the Bearish Trend Ended. Then we have the H1 Candle_Index 102 & 28 PTECZs which overlap, but Price has already bounced of those PTECZs. The next ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 20, 2013@Bookman EURUSDM30: image Unless you want to take it from M5: image
Price Action in Day Trading by Dadas
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Dadas replied Apr 20, 2013@Bookman GBPJPY H1: image GBPJPY M5: image On Friday evening, a few hours before Market Closes you must be suicidal to Enter any Trade if you do not know what you are doing. Never leave a Trade Open for the weekend, if you are Day Tading!
Price Action in Day Trading by Dadas
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Dadas replied Apr 20, 2013@Bookman & markup Please, discuss other strategies unrelated to this thread in PM. This thread is about Price Action with the application of CSCZ, Zone Candle, TBCZ and PTECZ. As much as I appreciate hints and tricks to support the trade, I show, ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 20, 2013Yes, I wrote about it several times. I called it effectivity. I wrote that effectivity should be at 70% in order for R/R to make any sence. In other words win/loss = 70%/30%.
Right: "If Long is not right, here, check if Short fits in." "If Short ...Price Action in Day Trading by Dadas
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Dadas replied Apr 19, 2013In order to clarify the posting chart issue, I have specified the rules in post#1 as follows: Rules for charts: 1. Only plain charts with the helpers and indicators supplied by me! 2. No Moving Averages, no Fibos, no other Moving Average based ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 19, 2013OK, so it is past 22:00 my local time (London+1). Time to look into my EURJPY D1 strategy trade: I waited until the last 3 seconds before 22:00 and closed. image My TP was so close! It was at 130.300 the High was 130.251 ! Anyway, the result is ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 19, 2013There was this TV game, once, Let's Make a Deal. It was simple, the contestant had to choose a box or a stage curtain behind which there were prizes. Then, the game host would deal with the contestant. Like, let's make a deal, I will give you 1000 ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 19, 2013OK, so it is past 21:00 my local time (London+1). Time to look into my EURJPY D1 strategy trade: image Now, if I had not looked earlier, I would not have the stress. But, you know, I looked many times today. It gave me some hard patience drill! I ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 19, 2013No, I don't know. I only know that the PTECZ never failed me as long as it wasn't me who got my own idea! I know, that everytime I used to Enter Long at the top, I got a ZONK! I know, that everytime I used to Enter Short at the bottom, I got a ZONK! ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 19, 2013@Pipanje and everybody else Is it really that difficult, people? image How can you go Long at the top?
Price Action in Day Trading by Dadas
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Dadas replied Apr 19, 2013But, you know what? The first loss trade wasn't the PTECZ, it was you! Just one Candle before was the PTECZ for ending the Bulls! If you had plotted that one first, you would have never Entered Long there! And you were in Profit when another PTECZ ...
Price Action in Day Trading by Dadas