That is correct, if one wants to have results in Forex it is HARD WORK! It is consistent repetion, repetition is how we learn. You sit down, start MT4 or another platform and do it: EURJPY H4 on the W1 Zone Candle and the D1 Zone Candle. image The ...

Price Action in Day Trading by Dadas

Don't know if you guys are getting the same story. Look at this: image

Trading Gold with PA

It will not happen just like that and because you get the idea. It takes practise, a lot of practise. When you have at least 8 months practise, you can start saying something. After 2-3 years, you may be good. After 5-7 years, you will be the ...

Price Action in Day Trading by Dadas

On the contrary, my eyesight is not so good. However, I do know what to look for. And, I have my magnifying glass always with me!

Price Action in Day Trading by Dadas

What I wrote yesterday about EURUSD, proved absolutely correct, today. image

Price Action in Day Trading by Dadas

Let us remember this picture, that it is here. We will see how it works or not in the future. GOLD, H4 with Andrews' Pitchforks. image The demand zone started down where the highlighted area.

Trading Gold with PA

I thought I would take a look at a diffrent broker's chart. Now, just the plain H4 chart. image At 1 Bulls practically consume the Bears, plus the long wick of the previous Candle. At 2 the Low is higher than the previous Low - Trend is Bullish ...

Trading Gold with PA

So, it turns out we will have to be waiting long for the short. You can either believe it or not, but I felt this Long through my bones in the morning. Just, did not believe it. Such is GOLD, that PA on smaller Tfs does not exactly work. It is the ...

Trading Gold with PA

You see, now Misterdaz, one of your pictures is not correct, I suggest it is the second one, the last one. Your first picture shows your entry and exit in somewhat different places. The second one is an ideal representation. The idea is to show the ...

Price Action in Day Trading by Dadas

It is not showing off, just showing it in the proper way. Nobody wants to see your account statement. This way shows at least some credential.

Price Action in Day Trading by Dadas

You see, the concept is to look for the beginning in the end. That is why I use the Potential Trend Ending Candle Zone (PTECZ). If I look for the beginning at the beginning, I am already late, very late. If I start looking for the beginning at the ...

Price Action in Day Trading by Dadas

Great, now to show your trade, all you do is drag and drop the closed trade from the MT4 Terminal History, and there you have it on the chart! Just uncheck the "Chart on foreground" in "Chart properties window".

Price Action in Day Trading by Dadas

You are correct and you understand the idea. I am showing both ends. You need to know both ends, the Begining, where to enter, and the End, where to exit. It takes some Timeframe shuffling. But, I am not telling anyone how they should trade. Your ...

Price Action in Day Trading by Dadas

Now, GOLD is a pretty big mover, so having assumed a Short Entry, I am losing out on quite a lot of Pips having been possible to take from a Long Entry as shown in the picture: image But, I have got to stick to some rules!

Trading Gold with PA

So, let us read the charts, something I like doing, makes me happy. Let us start from the top: The MN chart on the Y1 Zone Candle: image My readout: For many years the price of GOLD was practically moving in one direction - Upwards. In September, ...

Trading Gold with PA

Gumrai, would you like me to stop contributing to this thread? If you ask me to leave, I will unsubscribe. However, I am interested in trading GOLD with PA and I am, doing it. Thus, I find your thread the right place to post my opinions.

Trading Gold with PA

How does this jabber contribute to the thread? How does it help anybody learn or better? Unless they are interested in psychology, sociology, and such. But, there are other forums for that!

Trading Gold with PA

EURJPY With the trend, I continued. image Finally, said, enough. When you are trading the M1 PTECZs, you have to sit there and watch the Price Action, there is no time to pee. When you are trading the M5 PTECZs, you have to sit there and watch the ...

Price Action in Day Trading by Dadas

EURJPY An example of what you should and should not do: image I saw a PTECZ on the M5. The price brokeout, so I entered Long. I watched the Price Action. A new PTECZ formed. I saw the Consolidation on the left. I saw the larger trend as Bearish. ...

Price Action in Day Trading by Dadas

Some people see fraud wherever they look. What would Gumrai want to do that for? Hindsight trading is a very important educational tool. Nobody can ever teach a person the ability to open and close realtime trades! One can only show results, never ...

Trading Gold with PA