This is more like what really happened: image image

Trading Gold with PA

The Short I had opened on Friday: image

Price Action in Day Trading by Dadas

scarcity "does i draw the TBCZ and PTECZ right ?" Yes, you are doing fine. "(a) this is the daily chart with daily cscz as background. based on this there is a bullish trend based the candle that making higher low and higher high. so ...

Price Action in Day Trading by Dadas

ketherr I know, I do not disagree with you. I wanted to thank you for your explanation. And, I posted that to make things clear, again! Sometimes, one just has to repeat, until others understand.

Price Action in Day Trading by Dadas

The above, highlighted mini-Consolidation Zones had their beginning at the Potential Trend Ending Consolidation Zone (PTECZ). Watching the Bearish Trend on the left of the above H4 example, Candle with Index 145 was the first PTECZ. So, when it ...

Price Action in Day Trading by Dadas

Really, guys, I think you know what I mean. It is clear on the charts I have posted. It really does not matter how we call it, as long as we know what to look for. As long, as we understand. The scenario on the chart is very rarely by definition. ...

Price Action in Day Trading by Dadas

But, why stop there? Why not use Custom_Zone_Candle_with_Index.mq4 and Multi_Zone_Candle.mq4 with Candle Index? Then, we can have several Zone Candles and/or PTECZ on a chart. And, from different Timeframes, too: Here, a D1 PTECZ by ...

Price Action in Day Trading by Dadas

OK, back to Trading, I am discovering new possibilities: 1. The new Custom_Zone_Candle_with_Index.mq4 can be used as an advanced PTECZ indicator like this: Custom_Zone_Candle_Tf 240 Custom_Zone_Candle_Index 60 image We have an advanced PTECZ with ...

Price Action in Day Trading by Dadas

You see, Guys, the thruth is that everything you have ever read or heard about Forex Trading is true. When someone wrote: "two red Candles in a row, Sell, two Green Candles in a row, Buy", they were telling the truth. When someone wrote: "If Short ...

Price Action in Day Trading by Dadas

A wonderful Easter Time Conclusion has just come to me: The Biased Mind Crucifies Itself and tries to Crucify others. The Free Mind Resurrects Itself and Resurrects others. It is living creation! This Time, Let us celebrate Ressurection!

Price Action in Day Trading by Dadas

D1 on D1 Custom_Zone_Candle_Tf 1440 Custom_Zone_Candle_Index 4 image

Price Action in Day Trading by Dadas

Wow, wow, wow, wow! I am truely amazed with my own tool! Just follow this: D1 on D1 Custom_Zone_Candle_Tf 1440 Custom_Zone_Candle_Index 48 image Custom_Zone_Candle_Index 46 image Custom_Zone_Candle_Index 43 image Custom_Zone_Candle_Index 37 ...

Price Action in Day Trading by Dadas

Then, we can help ourselves with the PTECZ: image Of course, for this kind of scalping you need very low spreads. Spread of 1 Pip or less is necessary for scalping.

Price Action in Day Trading by Dadas

Now, If anybody still can not see the difference between bias and letting go, letting information reach your consious mind, what has happened yesterday and today is a perfect example. Yesterday, forexforex had an idea how to use the Zone Candle for ...

Price Action in Day Trading by Dadas

New, modified version of Custom_Zone_Candle.mq4. Now: Custom_Zone_Candle_with_Index.mq4 A perfect Price Action back-study tool. 1. Open a larger Timeframe chart (ie. D1), 2. Put the cursor on a dot below the chosen Candle and read the Index (ie. ...

Price Action in Day Trading by Dadas

Just get rid of those trend lines - You do not need them! Why do you want something to show you what you can already see? Those lines just make it more difficult to see. They cover the graph, itself. And, they will never show you the ...

Price Action in Day Trading by Dadas

Don't know what happened. This one should have dayshift in variables input.

Price Action in Day Trading by Dadas

An Easter Present: Multi_Zone_Candle.mq4 with Candle Index. You can highlight the following Zone Candles: Y1 - Yearly, MN - Monthly, W1 - Weekly, D1 - Daily, H4 - 4-Hourly, H1 - Hourly. You can have them all at once or just the chosen ones. Option ...

Price Action in Day Trading by Dadas

OK, just for You. Kidding, for everybody. Variable input Custom_Zone_Candle_dayshift = 1 means last closed candle of chosen Custom_Zone_Candle_Tf. You will have to count the Candles backwards for backtesting. Unless you have an indicator showing the ...

Price Action in Day Trading by Dadas

The Metals Market is open for me, today. image

Trading Gold with PA