There is one very important issue which needs clearing. One of the worst things to happen to a unexperienced trader is that they get messmerized by the current Candle still in formation. Then, they enter the market upon the current Candles movement ...

Price Action in Day Trading by Dadas

For educational reasons, I want to reply to Gumrai's earlier questions from his posted picture: image Lower Shadow comments from left to right: 1. Break below zone: That is not a Breakdown, it is a bounce off. The Price Brokedown for a moment, but ...

Price Action in Day Trading by Dadas

@Spienkies image The red Candle at the top, the one just after the very top blue Candle, is an Engulfing Candle. Thus, it is a signal, that the price has brokendown from a smaller Consolidation. The following Candle is a typical PTECZ. The Price ...

Price Action in Day Trading by Dadas

Thanking you for supplying a perfect example of what the Trader should never do! No matter if Your result is positive or negative. Remember the rule: Enter Short at the top. Your SL is exactly where Your Entry should be. And, your picture has ...

Price Action in Day Trading by Dadas

Now, this is really something funny. It is turning into a commercial thread? 3 commercial links already? Nothing personal, just a thought. Greetings to you all!

The Price Action

Well, it is, exactly, about what You want it to be about! Early entries = more Pips = more Profit. Reliable entries, are the ones You rely on. No indicator shows reliable entries! Even being able to read Price Action does not give anyone any ...

Price Action in Day Trading by Dadas

2. My own reality view: So, I get up and start the system. It it ca. 9:30 GMT+1 = 8:30 GMT I see this picture, where the Orange vertical dash line is: image So, either I make a quick Long entry, looking at Daily Range, or forget it. I wait to see ...

Price Action in Day Trading by Dadas

Fully understand. Please, it is better for You to draw this for yourself with Rectangle. This will give you better practise, than the automatic drawer.

Price Action in Day Trading by Dadas

OK, since Gumrai insists, and we are wasting time, I will show You my logic as to GBPUSD, today, in the Daytrading context. I will present two possibilities: 1. From the chart view, only. 2. From my own reality view. 1. The chart view: A Daytrader ...

Price Action in Day Trading by Dadas

My credibility is Zero and does not count. Your credibility is Zero, and does not count. The credibility is Your Own Results for You and You alone. If You do not see any value in my method, my vision, then the method is not for You. No, my method is ...

Price Action in Day Trading by Dadas

Thank You, Please read all my posts carefully. Look for phrases like "indicator strategies work for some people". I fully agree with You, if You can read the charts, you can read the indicator, too. If you can spare the time to study and try out my ...

Price Action in Day Trading by Dadas

Look, we are discussing examples at this moment. It is not possible for me to do a thorough analisys at this moment and to follow an inside thread you are trying to force on me, here. I can defend the Long and the Short. I want to go on and continue ...

Price Action in Day Trading by Dadas

What other logic is the right logic if not the logic of the Market? Yes, my approach is my own realization! I did not read it anywhere. I invented this approach on my own.

Price Action in Day Trading by Dadas

image 2 -3 reasons should be enough, 5 reasons - how many do you need? When you see the 5th reason, it is too late! M30 reasons: image You ask Why? Go back and read the basics again: charts, Price Action, please.

Price Action in Day Trading by Dadas

image You either see it, or you don't.

Price Action in Day Trading by Dadas

Finally, we have someone who understands and sees - Yes you are right! It is an example, if You can see this, You can see all the rest, where it was, actually valid. Just move to the right. And, please notice, that it is still ...

Price Action in Day Trading by Dadas

@DannyMania and others: As I said before, everybody is welcome here. As long as You stay on topic, discuss my method and post charts relevant to my method. The GBP USD H1 on D1 Custom_Zone_Candle shows this: image The Daytrader should already be ...

Price Action in Day Trading by Dadas

I hope my answer to forexforex and the included charts have already answered Your questions, as well as the Price.

Price Action in Day Trading by Dadas

First of all, forexforex, relax and take a deep breath! What I can see on your attached picture, everything is fine. image The choice is yours, how you want to use the Custom_Zone_Candle. I am showing examples and I will show some more. I will ...

Price Action in Day Trading by Dadas

You are doing a great job! Keep it up. Test it on demos. See for yourself - it is the only way. Nor I, nor anybody else can tell You if this is right! Only the Price will tell You what is right!

Price Action in Day Trading by Dadas