To ejiexe: image

Price Action in Day Trading by Dadas

This is what forexforex means: image Yes, there is 1094 Pips up. But, that can be far future.

Price Action in Day Trading by Dadas

CHFJPY There wasn't much to relate to, because price is close to ATH (All Time High). We could have rlated to W1 Zone_Candle_Index = 87 image PTECZ Rulez! EURCAD image PTECZ Rulez! EURAUD image Draw this H1 PTECZ on your chart, in rectangle ...

Price Action in Day Trading by Dadas

The way I see it, the Long was pretty obvious: 1. Knowing what was and is going on on other secureties, 2. Knowing what happened with PA at GOLD, yesterday, 3. Keeping in mind, that this might be only a retrace, a correction, 4. Knowing GOLD Ranges, ...

Trading Gold with PA

ejiexe, isn't today your best day, ever? image Looks like this train ain't stoppin' yet. It's ca. 140 Pips already, isn't it?

Price Action in Day Trading by Dadas

image image image You tell me? All Time High - this is a question?! All we can do is watch. PTECZ knows the answer.

Price Action in Day Trading by Dadas

I am forced to say this: PTECZ Rulez! May the PTECZ be with You!

Price Action in Day Trading by Dadas

ejiexe, looks like you hit a big one today! image

Price Action in Day Trading by Dadas

digu, thank you for your post! There are, probably, more people with the same problem. But someone must share, so I can clarify. There is no right or wrong PTECZ! The PTECZ is just what it is - The Potential Trend Ending Consolidation Zone. It is ...

Price Action in Day Trading by Dadas

image image The train is running. Look at Daily Range.

Price Action in Day Trading by Dadas

There is no Golden Rule for TP & SL which works every time. Sometimes, the price may miss your TP by 1 Pip or 0.1 Pip, and then trigger your SL, if you were not there to see the situation. Sometimes, the price will trigger your SL by 1 Pip or 0.1 ...

Price Action in Day Trading by Dadas

It is used exactly in this way to create the Zone Candle! image You took just a part of the idea, which fitted you the most at that time. Now, you see the application, but did not understand the basics. No problem, everything is in this thread, ...

Price Action in Day Trading by Dadas

Well, no, actually, you must understand the scale. The common standard Pip is understood as the 4th Digit on EURUSD. But, the MT4 uses the Point instead of Pip (or both). For programming there is Point not Pip. Point is the last Digit on every ...

Price Action in Day Trading by Dadas

EURAUD image The refference is D1 (1440) Zone_Candle_Index = 1. This pair seems like it is moving up. W1 Candle Body Middle Line is now Support. MN Candle Body Middle Line is Resistance, and it it high up there, ca. 160 Pips. Maybe, a good idea ...

Price Action in Day Trading by Dadas

AUDUSD image The refference is MN (43200) Zone_Candle_Index = 1. Price bouced down of MN Resistance ceiling, but is still inside the Zone. Seems like W1 Candle Body Middle Line is also important, here.

Price Action in Day Trading by Dadas

EURGBP image The refference is D1 (1440) Zone_Candle_Index = 1. Yesterday was almost a Consolidation Day, here. Price is struggling around W1 Candle Body Middle Line.

Price Action in Day Trading by Dadas

GBPUSD image The refference is MN (43200) Zone_Candle_Index = 1. Price bounced up of MN Support Zone. Price Broke Out MN Candle Body Middle Line. Price stopped at W1 Candle Body Middle Line in Resistance Zone. PTECZ ended the Bullish Trend for ...

Price Action in Day Trading by Dadas

GBPJPY image The refference is MN (43200) Zone_Candle_Index = 2. Price danced around MN Candle Body Middle Line (the Green Dash Line). Price bounced up of MN Support Zone. Price Broke Out MN Candle Body Middle Line then W1 Candle Body Middle Line ...

Price Action in Day Trading by Dadas

USDJPY image The refference is MN (43200) Zone_Candle_Index = 1. Price danced around MN Candle Body Middle Line (the Green Dash Line). Price bounced up of MN Support Zone. Price Broke Out MN Candle Body Middle Line then W1 Candle Body Middle Line ...

Price Action in Day Trading by Dadas

EURJPY image The refference is W1 (10080) Zone_Candle_Index = 1. Price reacted at W1 Candle Body Middle Line. Price reacted at W1 Resistance Zone. Price Broke Out W1 Resistance Zone. PTECZ ended the Bullish Trend for now. M30 PTECZ shows DT Pip ...

Price Action in Day Trading by Dadas