You see, Gumrai, this is not about who is right or who is wrong. This is about reading Price Action. I can not be right, I can not be wrong, because I do not know. There are people who think I am talking gibberish. But, I do not care about them. It ...

Trading Gold with PA

EURJPY I entered this Long yesterday, a few hours before D1 Candle Close. It was ca. 21:00 my local time (London+1), ca. 19:00 platform time. Based on H4 PTECZs and PA. image I am already good, but I am not supposed to look until the end of day.

Price Action in Day Trading by Dadas

@Greenhaze, Thus, your opinion is of no value for the PA trader. There are Candles, on the left. PA is not just about reading the current PA, it is also about reading historical PA. The MN chart shows that price is at the level, where it ...

Trading Gold with PA

@markup Honestly, if you could have held the picture inside the uppermost yellow Zone, without seeing the Big drop, yet, but without any Ego, without any prejudice whatsoever, with a clear unbiased mind, without hopes, wishes, figuring outs, ...

Price Action in Day Trading by Dadas

@Greenhaze Is that your opinion, or can you justify that with PA on the charts?

Trading Gold with PA

For 5 consecutives D1 Candles, including Sunday, GOLD was on a Big Bearish run. On the 6th D1 Candle GOLD Consolidated in the area of ca. 800 Pips. On the H4 chart there is the bounce Up pin bar and the following Break Up Candle, or Engulfing ...

Trading Gold with PA

Hey, man! I was not trying to belittle you! Sorry if you took it that way! It is just the matter of context, how far you're looking into future. I am aiming for thousands of Pips, thus it was a mistake to Exit, today. And, sorry you had to repost in ...

Trading Gold with PA

Great job! Now, look again at D1. Move the uppermost Blue PTECZ up to the left, to the Red PTECZ Candle after the Bullish Candle. You have got an early entry! Move the lowermost Blue PTECZ to the left end of your chart, to where you have the two ...

Price Action in Day Trading by Dadas

Yes, and no. You were right just for that few Pips you got. I should not have set my SL that high. I should have waited for the H4 to close, than either Exit on retrace up, or keep the Long floating. The effect is that I have lost the low Long ...

Trading Gold with PA

This, I absolutely agree with! One way or another, the trader must keep up with what is going on in the world!

Price Action in Day Trading by Dadas

Wow, why you never showed it like this? And, why do you still have a problem where the potential TP can be?

Price Action in Day Trading by Dadas

How do you think Sam Seiden made his fortune? You know, you are right, but have you considerred that the ones who really create Price Movement are the ones who know faster than the others? That is the reason charts and PA do show what fundamentals ...

Price Action in Day Trading by Dadas

Have I defended myself, again?

Price Action in Day Trading by Dadas

The Long in the above D1 Candle strategy becomes even clearer when we apply the PTECZ: image We have a double Break UP from PTECZs on Bearish Trends.

Price Action in Day Trading by Dadas

This is my answer: image PS. That is also called momentum.

Price Action in Day Trading by Dadas

markup, I do not mind the fundamentals! Anything to extra support PA is just great! Only, as you see, PA already knows this!

Price Action in Day Trading by Dadas

My first comment is that you are complicating your own life! Why choose another of these strange currencies with relatively short history and nothing strong to relate to? Not to mention that my picture is quite different, and I have no PTECZ on the ...

Price Action in Day Trading by Dadas

I could do the same with the right side earased! Try it on the MT4 Strategy Tester, or better and quicker, Simple Forex Tester, if you can get it. The Trend and signals and PA are on the left side, not the right side.

Price Action in Day Trading by Dadas

Yes, there are examples of real trades, not only mine. Yes, I repeat, because people are asking questions they would not have asked, had they read the whole thread. Yes, you can test the method in real time, and then tell everybody if you can use it ...

Price Action in Day Trading by Dadas

Did you study my analysis of the example you posted the day before yesterday, I think? It was post#1018 - Gosh this is fast! url The PTECZ you are interested in, is the first one. The one which Potentially Ends the Bearish Trend. The one you ...

Price Action in Day Trading by Dadas