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Dadas replied Apr 16, 2013GOLD is showing signs for going back up, at least for now. image image PS. Price did make it exactly to the Resistance level. Only, the Resistance level is not just some H/L level. It is the H/L of the PTECZ (Potential Trend Ending Consolidation ...
Trading Gold with PA
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Dadas replied Apr 16, 2013EURUSD D1: image This pictures shows clearly what is going on. The Price is Consolidating. It can Break in either direction!
Price Action in Day Trading by Dadas
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Dadas replied Apr 16, 2013One more point, zarach: You must understand Price Action! Price Action is first! Price Action is most important! image Do you see the long pin Candle on H4, almost Doji? What information is this? You are making too many assumptions. You set your ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 16, 2013Call me, simply, Dadas. My real surname is different, Dadas is my nick name. It has been my nickname for a long time. Obviously, the MN and W1 levels do not change every day! So, we do not need to check on them every day. I like what you are ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 16, 2013@msetai EURUSD H4: image Shows me Bearish tendency. EURUSD M30: image M30 confirms Bearish Tendency. Pip potential ca. 40 Pips. If your strategy says OK, then take Long at bottom, Short at Top.
Price Action in Day Trading by Dadas
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Dadas replied Apr 16, 2013This is your opinion! We do not post opinions! Please, if you think you can help the person asking a question, do it the right way, post your analysis for the situation. You will help the asker and yourself!
Price Action in Day Trading by Dadas
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Dadas replied Apr 16, 2013Welcome on board! I can not answer your question, because you are not asking any question. I can show you on the chart, if you post a chart with the situation. One knows what one sees on the chart. One knows what one can read from Price Action. One ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 16, 2013First, get rid of the XProfuter ! I know I had posted it, but it was as a curiosity, not to use it seriuosly! Second, asking me what Trade you should take is not the way! Read the thread, learn, practise! It can be Long, Short, anything! Do you know ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 15, 2013Be assured you are not the only one! Most traders have had this issue one time or another. It is normal, feel yourself as one of many, feel good about it, accept it, use Price Action logic! Surely, it's gonna turn sometime. Let PA tell you when.
Trading Gold with PA
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Dadas replied Apr 15, 2013So, what is it you need? A kick in your behind from the "Master"?
Price Action in Day Trading by Dadas
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Dadas replied Apr 15, 2013Well, you see, how significant a Zone will be, only the Price will tell. It is important to know your Global and Local situation, so you must look from top, down. Sometimes the MN Zone is the significant one, sometimes the W1, or D1, or H4, or H1, ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 15, 2013I think they have already lost their shirts! Think what Paulson is feeling, now, having lost another couple of hundred million bucks! Or, maybe everybody is selling out before they really drown in Big S. But, such big moves must be generated by ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 15, 2013Dynamic Zones Day Trading Strategy As Day Taders we are trading the Current D1 Candle. How the Candlestick is formed, we already know. Shadow - Body - Shadow. Sometimes, there is no Shadow. There are only 3 types of Candlesticks: 1. Bullish, 2. ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 15, 2013Why you didn't use PTECZ to see potential retrace? That could have avoided you SL! Look to left, green PTECZ between the 2 Bearish Red Candles! You are not thinking! You are trying to overdo it! And, why you did not repeat the third time?
Price Action in Day Trading by Dadas
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Dadas replied Apr 15, 2013Well, I see you getting richer and richer. So, I thought, maybe you would share your strategy with others in more detail. Like, in points?
Price Action in Day Trading by Dadas
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Dadas replied Apr 15, 2013Yes, very correct. But, not for the way these Guys are trading. Jumping in for a moment to scalp some Pips, even 20. What you present is right, for Long Term investments. Does not make any difference for the H4 or H1 trader. Not to mention scalpers.
Price Action in Day Trading by Dadas
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Dadas replied Apr 15, 2013Sorry, can not see the logic? Spread risk when risk is the same? It makes no difference if I lose 6 x 0.5 or 1 x 3. There is very little chance there will ever be big differences on those pairs. They are crosspairs. They are all, ultimately related ...
Price Action in Day Trading by Dadas
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Dadas replied Apr 15, 2013Sir, you are a good student! First to post full analysis! My chart is a little different, because of different time, but you will see. Now, please follow: USDCHF MN: image We must consider the Candle of Green Zone as PTECZ, because it is very near ...
Price Action in Day Trading by Dadas