Like I said before, price is reacting to PTECZ, like enchanted: image

Price Action in Day Trading by Dadas

Plus, in refference to important H4 levels, the Price has Broken Up, and the conclusions are Yours to make: image

Price Action in Day Trading by Dadas

Looks like you got lost, confused a bit, maybe. No, I am not looking for Short. I am looking for the most important refference Candle. Since I see the Consolidation or indecision, I have now the refference background where the Support is. Price ...

Price Action in Day Trading by Dadas

Now, I do not want to be preaching, but just maybe we should be careful, because the Fat Guys might be wanting to take our SLs just at the NY session?

Price Action in Day Trading by Dadas

Thanks buddy! I was born in Gdańsk, lived most of my life in Gdynia and Gdańsk. Since 2006 moved south, to the mountains. Translation: Pozdrowienia z Trójmiasta = Greeting from the Tri-City The Tri-City, as we call it, is Gdańsk -Sopot - Gdynia at ...

Price Action in Day Trading by Dadas

Now, there is a M30 PTECZ, so I Closed at 20 Pips Profit and will see what next. Generally, DR is still low and the NY session is yet to come: image

Price Action in Day Trading by Dadas

Today, I have optimised on the new way with Custom_Zone_Candle_with_Index.mq4: The clue word is "flexibility". So, I have turned it around for Day Trading. If I like to Enter from the M5 chart, that is where I start, just the plain chart with my ...

Price Action in Day Trading by Dadas

My logic for EURUSD today was based on: 1. D1 Candles: day-before-yesterday and yesterday, where the refference background is the D1 day-before-yesterday! 2. H4, H1, M30 confirmation on that refference background. 3. Daily Range indications. Thus, I ...

Price Action in Day Trading by Dadas

Looks like there could be Big Pips here: image

Price Action in Day Trading by Dadas

I am in Long on EURUSD. Could have entered earlier, but was posting and looking at other pairs: image As you can see, the Price is reacting to PTECZ levels as if enchanted! image

Price Action in Day Trading by Dadas

The Zone Candle I hope that by now, everybody who has been following, can see the actual Potential of the Zone Candle with Index and Pause. 1. It can be used as the Larger Tf Background for refference, 2. It can be used as the smaller Tf Background ...

Price Action in Day Trading by Dadas

Well, I know what I see. And I see, what I see on the charts. And, what I see is the only thing I can know about the Price! And, if I see this everywhere, repeating itself, why should I let it/them take my money?

Price Action in Day Trading by Dadas

However, there is one important thing to notice about GBPJPY: image image

Price Action in Day Trading by Dadas

You see, playing with retraces can be very dangerous. The situation this morning on GBPJPY is quite simple and clear. The General Trend is Bearish. Two simple PTECZ, top and bottom, and the Short Entry become very clear. image On thec M15 it is ...

Price Action in Day Trading by Dadas

Yes, that is why I say that we can or could. Just that, this kind of trading requires a bit of experience and it is not good for the novice or the pre-intermediate Trader. With this new, upgraded way, as in post above, I can see that it is possible ...

Price Action in Day Trading by Dadas

A couple of hours in fresh air does wonders to the brain! I have just invented another great method with the PTECZ and Zone Candle! Let us study today's EURUSD situation: Let us work with the M30 chart. We first narrow down the PTECZs. The Green ...

Price Action in Day Trading by Dadas

Oh, and yes, futher investing was also possible. Both Long and Short: image

Price Action in Day Trading by Dadas

GBPJPY - never looked at this pair before, so let's analise: Starting with MN: We can see a historical PTECZ which the price has recently bouced down of. And, we can see the January Candle was Bearish and Breakdown. No conclusions, other then this ...

Price Action in Day Trading by Dadas

You know, man don't live by Forex alone. Sometimes other things must get done, too. I am very happy to see people use my tools in their trading strategies. This is what this thread is about. But, I am also happy when people post their charts. I can ...

Price Action in Day Trading by Dadas

Following up from that conclusion. GOLD must be looked at from W1, D1 and H4 charts. It is no use to try and figure out GOLD Price Movement from M15 or M30. From W1 point of view, the price is inside the last Bearish Candle which made the Local Low. ...

Trading Gold with PA