In Green on your chart - TBCZ! image

Price Action in Day Trading by Dadas

And, what's up with you, ejiexe? Why aren't you posting your trades? Having a vacation?

Price Action in Day Trading by Dadas

When you are learning, it is good, it is excellent, it is absolutely necessary, especially in Forex, to study carefully, to practise diligently. I have already shown everything, including entry and exit areas. You have, probably not read and studied ...

Price Action in Day Trading by Dadas

Please, continue reading. This issue is discussed later a few times. Take what you see, not the theoretical definition. Yes, we are looking at the body. It is the Open-Close which decide the PA Break Up, Break Down. Shadows or Wicks are one type of ...

Price Action in Day Trading by Dadas

Just, make sure you have a good broker who provides very good M1 charts. Otherwise, it will be almost impossible to see anything.

Price Action in Day Trading by Dadas

There are some, already in this thread. Please, read and look carefully. I will post others, sometimes. Other people like ejiexe and parsfx have also posted their trades based on my method. If you demand proof, there is no proof other than your own ...

Price Action in Day Trading by Dadas

In case anyone is still thinking that Forex is as easy as: "Become a professional trader after our 4-hour course!" I hope your eyes are wide open, now!

Price Action in Day Trading by Dadas

I explained the Points and Pips issue earlier. On the chart we have two values: Price and Time. So, we can set Offset for Time and/or Price. When plotting rectangles (Zone Candles), we use the Time Offset, which is the number of Candles to the left ...

Price Action in Day Trading by Dadas

It was not me who said: "You risk when you don't know what you are doing!"

Price Action in Day Trading by Dadas

No need to delete. Just, reinstall in the same directory!

Price Action in Day Trading by Dadas

Then, you must stop looking for fixed rules! If there were fixed rules, it would be easy to write one universal programme (EA) and it would always act by the fixed rules. In Forex there is only 1 fixed rule: Balance = 0. Other than that, there is ...

Price Action in Day Trading by Dadas

This will work different depending on broker's quotations. You are on 4-digit broker. Change the: PTECZ_Candle_ArrowOffset to smaller value, ie. 5 Find which value fits best for your chart.

Price Action in Day Trading by Dadas

On my chart the parameters were: For the lower Zone Candle: Show_Custom_Zone_Candle = true , Custom_Zone_Candle_Tf = 240 , Custom_Zone_Candle_Index = 12 , (now, H4 closed, so 13) For the upper Zone Candle: Show_Custom_Zone_Candle = true , ...

Price Action in Day Trading by Dadas

No, you did not get it, yet! It is not about the earliest Zone Candle! It is about understanding and using your mind and logic! The historical Candle which best fits to all the factors! It can be the Candle just next back, or very near, or very far. ...

Price Action in Day Trading by Dadas

And that is the idea! You must figure it out by yourself! When you figure it out, that is when you will read the charts!

Price Action in Day Trading by Dadas

You could make it shorter with D1. This, I plotted yesterday: image Looks like this, today, M30: image Just, be reasonable. 120 Pips Daily Range for EURUSD is not something you see everyday! Especially, when there is 63 Pips on the counter, ...

Price Action in Day Trading by Dadas

Why did you choose that historical Candle? Because you want the Price to go up? Maybe, be more logical and look much nearer first? image You have a good start point. Then, if Price Breaks Up, you find the next levels: image Now, switch to M5 and ...

Price Action in Day Trading by Dadas

Now, this already makes some sense! You knew what you were targetting! You knew where to look for entry! H1 PTECZ look better: image Now, if you considerred the M30 upper PTECZ: image Then, from M5: image However, there is another point to ...

Price Action in Day Trading by Dadas

I do not see a problem. image image

Price Action in Day Trading by Dadas

Others should take as example! This is the proper way to do it! Read as many times as you must to understand! The charts in the first posts do not have descrption of instrument, because they illustrate the idea. The idea is the same for ...

Price Action in Day Trading by Dadas