Thank you ioms. If you can appreciate my work, it means that you understand. Which, in turn, means that you are on the path to understanding. It is just the matter of time and effort.

Price Action in Day Trading by Dadas

WE ARE THE CHAMPIONS OF THE WORLD Poland 2014.09.21

Price Action in Day Trading by Dadas

image image Hope you agree with me!?

Price Action in Day Trading by Dadas

Hello ioms! I was thinking that if I could count on anyone here, it would be you. I am very happy that you are progressing and seeing the market on the charts. I have, also been working and I have reached real simplicity. There is one candle pattern ...

Price Action in Day Trading by Dadas

So, what's cookin' around here, guys? Nobody interested in trading any more? Nobody wants to know anything? Nobody sharing any news?

Price Action in Day Trading by Dadas

There are books, vidoes, pdf's, there is my thread. Why do you think that when I tell you the same which I have already written, it will help you to learn? Has anybody already invented a method to transfer data from one mind to another? Finally, ...

Price Action in Day Trading by Dadas

I am glad for you to have found your calling! Everyone should be doing what they find best for them. No matter if others agree, or not. It is your life, live it your way!

Price Action in Day Trading by Dadas

Who decides which setup is AAA? Wrong again! You have absolutely no chance to win this battle! You only have the option to join the Fat Guys. I've heard one guy saying that "trend goes on forever". Not that it actually does that, but this is the ...

Price Action in Day Trading by Dadas

ForexT1000, you are trading the way which I tell everyone not to trade. You assume a S/R level and you assume trend is going to shift there. That is, by me, total BS. Naturally, using a decent Risk Management system together with Money Management, ...

Price Action in Day Trading by Dadas

I am trying to figure out how you got the Long idea on M1, but sorry, can't see any at the levels you entered. image

Price Action in Day Trading by Dadas

Personally, I would never trade XAUUSD on the M1 chart! However, everyone is free to do as he or she wishes. I would, though, suggest plotting out the potential trade ranges. I would use smth like M15, if I were to trade the M1. Even though I really ...

Price Action in Day Trading by Dadas

Today I got reconfirmation that what happened yesterday on the EURUSD has nothing to do with trading. It was the Central European Bank's decision to weaken the EURO.

Price Action in Day Trading by Dadas

I, absolutely agree with you. This comes after you've studied and tested hundreds of trading "systems". After you've got so complicated that at some point you broke and retuned to simplicity. After you've understood it is best to go with the Big ...

Price Action in Day Trading by Dadas

I just saw you're from "Down Under". Well, obviously the Sydney-Tokyo sessions suck most of the times. You can't trade DAX30, ie., during those hours. So, the only solution, you must trade London-New York sessions, whatever it takes to do this.

Price Action in Day Trading by Dadas

As far as this "problem" is concerned, well, I don't know the law in your country. From my point of view it is simple. I find a broker who offers me what I can deal with. If a broker makes trading virtually impossible, I don't go to this broker. I ...

Price Action in Day Trading by Dadas

Now, let's analyze the same situation on a plain M5 chart, without any indicators whatsoever. What you do is find the latest Top and plot a line there. Then, you find the following 2 significant reversal candles, find the Bottom and plot a line. ...

Price Action in Day Trading by Dadas

As always, the truth is somewhere in the middle. It is true that trading the news is risky and a spike can eat you up. And, it is also true, that you can quickly get rich on the news, as one of my friends has proven just today by making 100 Pips on ...

Price Action in Day Trading by Dadas

Hi alekol! You can use this knowledge and technics on any chart, of course. I am trading on the MT4 platform, so I have learned this platform and I have created many useful tools for this specific platform. You can trade Oanda on MT4, too.

Price Action in Day Trading by Dadas

My chart looks like this - all by indicator. image Current day looks like this: image

Price Action in Day Trading by Dadas

On the first BO SMA200(C) is below SMA(50)C. Plus, they are rather flat. You can also add some color by angle. image I have given you the simplest of the ideas. Instead of SMA(200)C, I use TrendEnvelopes_v5 set to MA_Period 200. image

Price Action in Day Trading by Dadas