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Price Action in Day Trading by Dadas

Mzakes, regarding the labels which are hiding to the right of the chart, this started to happen when MT4 build 646 was introduced, and there is no way to get that right, only one way works: Use corner 0 or corner 2. Offset the labels XDistance from ...

Price Action in Day Trading by Dadas

Mzakes, no sweat, everything is cool. You must understand that I am lightyears away from the begining. At this point I don't really care what you use other than my method. Your trade is fine, mainly because the pair is trending and you did the right ...

Price Action in Day Trading by Dadas

I was trading the DAX30 market, today: image I closed the first trade, because it wasn't right, it wasn't by the market. The second trade was entered precisely by the market. It was taken out on trail by EA, because of quick price movements and ...

Price Action in Day Trading by Dadas

You know what? They tell you that each person is individual, and each person must have their own strategy. They tell you that there isn't just one good strategy, and everyone should use the one which works for them. Either they are lying to you ...

Price Action in Day Trading by Dadas

If the dark zone is our support zone, then Candle #1 is the BreakOut Candle. image It tells us that some bigger market participant has pushed some more serious Lots into the market. Candle #2 is where this same guy(s) realised their profits. The ...

Price Action in Day Trading by Dadas

I see you are still practising the bad habits. This is not a good thing to do, for you. I told you: Long at the Bottom Short at the Top Yet, you enter Short at the very bottom!!! image

Price Action in Day Trading by Dadas

Bull Shit and pure luck associated with some news or regulatory action on GBP by BOE. You had no reason to go long there on GBPJPY. You had very good reason to go Long on GBPUSD. image On GBPJPY it was only short, and nothing other, until trend ...

Price Action in Day Trading by Dadas

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Price Action in Day Trading by Dadas

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Price Action in Day Trading by Dadas

The time has come for me to make a quantum evolutionary leap. Colors are back on my charts! The PTECZ's showed the consolidation levels so fine but, we never could tell which ones were the most important ones until price confirmed. Well, that's the ...

Price Action in Day Trading by Dadas

image The short is fine, because after Bear BO. Your R/R is terrible! You refuse to listen to me. Thus, I am not your teacher, not your master. You must continue on your own. Thank you for posting. I will not reply to your posts any more.

Price Action in Day Trading by Dadas

Until comes the Tsunami.

Price Action in Day Trading by Dadas

If you are going to practise your bad habits, you will never become a good trader.

Price Action in Day Trading by Dadas

It is NOT the ability to open trades which makes a good Trader!!! It is the ability to NOT Open Trades at bad Risk/Reward, and the ability to Open Trades when there is a Trend, and Risk/Reward is proper which makes a Good Trader!!!

Price Action in Day Trading by Dadas

image How does that work with your +12 Pips Profit???

Price Action in Day Trading by Dadas

Today's topic: Understanding Market Price Action We are going to analyse the area highlighted by the darker rectangle. We are going to interpret what actually happens on the Market. image Q: What happened on Bullish Trend Candle #1? A: Some big ...

Price Action in Day Trading by Dadas

Obviously, you don't understand what you are reading!!! image But, never then: image Never in the middle! Where was you R/R?

Price Action in Day Trading by Dadas

I advise you to shut down your trading platform, turn off your computer and take a long holiday. During the holiday, really rethink if trading financial instruments is for you. Because what you are doing is the worst trading I have ever seen. You ...

Price Action in Day Trading by Dadas

The question is, what do you want to trade, at this time on Friday??? The H1 trade on GBPUSD was here: image If you are still thinking of trading, you really must be very fresh.

Price Action in Day Trading by Dadas