I know it's difficult to get rid of the old way of thinking you have been thought. My edge is that I set the rules of my trading. I study the instrument and look what is average. Then, I set up the Range Bar Chart to expect only 0.6 of the average. ...

Price Action in Day Trading by Dadas

You already know that. Your system must tell you that. Your job is only to open 1 trade at specifically defined conditions and take your defined pips. You must make your conditions realistic, not wishful! So, you must count on less, not more. ...

Price Action in Day Trading by Dadas

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Price Action in Day Trading by Dadas

The road to success in trading is very bumpy. That's why people try to make it smoother, more average, put it into frames. Generally, it's the right course of action. It takes a while to realise, that price change is the only single thing which ...

Price Action in Day Trading by Dadas

Nice job Techanalyst!

Price Action in Day Trading by Dadas

I don't need them for anything. I don't need to predict anything. I only need to make money = follow my system.

Price Action in Day Trading by Dadas

Well, you're right - a chart is just a chart. If there were no labels about timeframes or pairs, it could have been just any chart. You see, we always see everything clearly on history. And, we can plot lines, or other shapes and formations, even ...

Price Action in Day Trading by Dadas

It all depends what trading is for the given person. If it is a chance to make some extra money, or is it a steady business one lives from. If it is just a chance to make some extra money, then it's more like gambling or playing the lottery. If it ...

Price Action in Day Trading by Dadas

It's your imagination. You never knew it before you were able to see it. Everybody is entitled to their opinion. However, the Market doesn't give a shit about our opinions. Notice that the only real thing here is that the price grew by a certain ...

Price Action in Day Trading by Dadas

There is no "personal preference". The things you're talking about are the result of vivid imagination of traders looking at time-related charts. Price does not obey any of these things. One can build a trading system based on them, but it is not ...

Price Action in Day Trading by Dadas

I was in the process of creating this article: url It took me a while, so maybe some of you missed the whole thing. PS. I am not interested in anybody's opinion on trading. I have got my way, and I know it is the best way. Not only the best way, ...

Price Action in Day Trading by Dadas

Support is the lowest price the market can not break at the given time. Resistance is the highest price the market can not break at the given time. Which does not mean that in the next millisecond a Fat trader can not break this price by 100 Pips or ...

Price Action in Day Trading by Dadas

????????????????????????????????????????????????????? You've got a lot to learn!!! There is no such thing as Support or Resistance!!! Those are just false myths created by various people. It's not our role to decide anything other than what I have ...

Price Action in Day Trading by Dadas

Everything has already been said and explained. I can only add the following: 1. The method one trades does not matter, as long as Profit > Loss!!! 2. One will never make Profit on trading untill one realises the following: a) I decide how much I ...

Price Action in Day Trading by Dadas

image image Pure PTECZ! One more: image

Price Action in Day Trading by Dadas

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Price Action in Day Trading by Dadas

Short: image Take Profit: image

Price Action in Day Trading by Dadas

A word of explanation. My thread is in the Commercial section because Forex Factory decided to put it here. I am not selling anything on Forex Factory. Anybody, who asks for a trade explorer or any other evidence of my trading shall be ignored ...

Price Action in Day Trading by Dadas

Don't make me laugh, Man! Your indicator is BS! Just like any other! You want me to expect a swing for 100 Pips, for example??? I can do that without any indicator. Please, advertise elsewhere, not on my thread!

Price Action in Day Trading by Dadas

Yes, we all react in a very similar way. Only, we don't necessarily lose that much, or we lose much more. Every trader was, is or will be in that state of mind, like the guy in the video. Paralysed, frustrated, unable to do anything. It does not ...

Price Action in Day Trading by Dadas