GOLD H4, on my chart, there isn't any! So, you see. Bears continue! The big yellow PTECZs are W1 historical PTECZs.

Price Action in Day Trading by Dadas

You know what, Guys? This is why I encourage you to exchange thoughts and ideas, here! zarach has invented a totaly new PTECZ Trading strategy! He turned it around! Instead of Break Out, he invented the Break In strategy! I will show you: EURJPY H4 ...

Price Action in Day Trading by Dadas

The lower is not a PTECZ, that is why I looked on H1. On H1 you have nice PTECZs, just where they are supposed to be! And, do you see the Red Break Down and Trend Down in the upper PTECZ? PS. You saw the Trend Down even in your H4 PTECZ, you drew a ...

Price Action in Day Trading by Dadas

In case someone is wondering what is the difference between my Short on GOLD and ejiexe Longs: image I traded the H1 PTECZs with full awareness where to stop. I made this trade of the H1 chart, only. I went with the Big Trend, not against!

Price Action in Day Trading by Dadas

That is scalping the retrace, what you are showing. It is a way to make use of the PTECZ, but certainly not what I am teaching, here! Well, the result is what counts! PS. As you see on chart, now, the reward was bigger!

Price Action in Day Trading by Dadas

Quick 84 Pips on GOLD: image

Price Action in Day Trading by Dadas

Maybe not a great deal in this situation, but a quick 84 Pips! image

Trading Gold with PA

zarach, What is best for you is Best for You! Of course you can do it this way! That is the idea of the Zone Candle! The Zone Candle can be used to plot any Candle, or the PTECZ Candle, specifically. Sure, you can trade Inside a Larger Tf PTECZ, or ...

Price Action in Day Trading by Dadas

Custom_Zone_Candle_with_Index.mq4 Function Show_PTECZ_Candle = true indicates the PTECZ Candles with small diamond under Candle. Reading Candle_Index we can draw the PTECZ with the Show_Zone_Candle = true. Of course, by inputting the chart Tf in ...

Price Action in Day Trading by Dadas

Yes, I am glad that you got it!

Price Action in Day Trading by Dadas

Here, we have an example of a difficult PTECZ. This type of PTECZ the indicator can not show. It is where you must be flexible and recognise PTECZ yourself! image

Price Action in Day Trading by Dadas

ZONK - You Lose! And, it does not matter if the Price goes up or down later. You have made the worst mistake of FX Traders! image You entered Long at the Top! You entered Long when the train was running, not at the Stop (PTECZ). image Here just ...

Price Action in Day Trading by Dadas

I use all. Quick look at MN, W1. Closer look at D1, H4. Then H1, M30, M15, M5. A lot of shifting. You never know where the signal may be!

Price Action in Day Trading by Dadas

Then, that is the only thing which is obviuos, as long as the Market lasts! The probabilities are my Zones, which you see on my images. The PA in and around those Zones. And these Zones are plotted according to a certain rule, not just as it fits. ...

Trading Gold with PA

Everything is already in this thread. You want me to repeat, again? If you want to present your strategy, your set of rules for Entry/Exit, you can. As long as it is in accord with this method!

Price Action in Day Trading by Dadas

It means exactly what it means. I am not the Holy Ghost to predict or know the exact movement! I am just telling the most probable scenario based on most common GOLD behaviour. PS. And, yes, that is what this market is about! You never know, and can ...

Trading Gold with PA

Hope you will post the chart.

Price Action in Day Trading by Dadas

Really, zarach, how can I comment? I do not know many things about your trading prefferences. You must build your own strategy based on the amount of time you can spend on analysis and trading. If you want to watch the trade or leave SL & TP, then ...

Price Action in Day Trading by Dadas

Well, note my words: The scenario is going to be like this: The Price will turn back in an arch, somewhat like the "Italian boot". It will either reach a new Low, or the retrace will Close Higher. Then, there will be a few smaller arches, like a ...

Trading Gold with PA

The Index dot will show under the Closed Candle in the distance in Points from Low Price. On the current Candle we do not have a final Low Price. But, the Index of the current Candle = 0. It does not make any difference where the Index dot is. It ...

Price Action in Day Trading by Dadas