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Dadas replied Jun 6, 2014And, if you still don't understand, then think of this way: If the maximum you can afford to lose is the equivalent of 5 Pips, then you can only trade the M1, maybe M5 charts. But, the reality is that the way price moves, you need 50 Pips Stop Loss ...
Price Action in Day Trading by Dadas
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Dadas replied Jun 6, 2014Help, I shall, my friend. First, try out the attached script. file Also, try deleting all objects from chart occasionally with script: file Otherwise, to solve a different problem, we must be online by SKYPE and share screens so I can see what's ...
Price Action in Day Trading by Dadas
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Dadas replied Jun 6, 2014People, maybe this is my latest enlightenment, but it really is that way! The Market dictates where your Stop Loss must be! There is no other way! If you can't afford the Stop Loss distance from current Bid Price - DON'T ENTER!!! If you are trading ...
Price Action in Day Trading by Dadas
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Dadas replied Jun 6, 2014Safrash, get your act together! What are you trading, huh? If you are trading the H1 PTECZ and CSCZ method, then trade it, not your own ideas!!! image Short at the Top!!! Long at the Bottom!!! image
Price Action in Day Trading by Dadas
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Dadas replied Jun 5, 2014You ask too much. Try to do it yourself. Don't think I am here to give you everything and you only take advantage of it. I have given out for free knowledge which some people could have turned into millions by now. Nobody has given me back anything, ...
Price Action in Day Trading by Dadas
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Dadas replied Jun 5, 2014None, I just pointed out for clear interpretation, but I don't know your way of interpretation. It seems very strange, or rather alien, or exotic to me. Well, not really, I know some people of Islamic traditions. You have problems with being real, ...
Price Action in Day Trading by Dadas
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Dadas replied Jun 5, 2014You misunderstand me! Not PSYCHOLOGY! PHYSIOLOGY! It has nothing to do with psychology. It is about basic physiology of our body. If I tell you: "Don't worry! Be happy!" you have no reason to believe me and no reason to change your behaviour. ...
Price Action in Day Trading by Dadas
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Dadas replied Jun 5, 2014I don't understand your confusion. Your computer can process as many colors as your graphic card can handle. You will see as many colors as your monitor can show you. That is, if you are not a color-blind person. You can set your chart colors to any ...
Price Action in Day Trading by Dadas
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Dadas replied Jun 5, 2014LongRisk = OrderStopLoss - OrderOpenPrice; ShortRisk = OrderOpenPrice - OrderStopLoss; LongRisk == 1% max 3% of your account balance; ShortRisk == 1% max 3% of your account balance;
Price Action in Day Trading by Dadas
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Dadas replied Jun 5, 2014If you look closely, you will see: image Bottom: Timeframe, date, broker time / local time, spread Second: Lot volume calculator Third: Indicator for setting chart offsets from top and bottom with today's range Fourth: Simple Average Daily Range ...
Price Action in Day Trading by Dadas
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Dadas replied Jun 5, 2014Safrash, you are making the typical mistake which everyone was making or still is making. It is nothing wrong with you, it is a natural human reaction. You are reacting upon the sudden movement of price in a certain direction. At the same moment, ...
Price Action in Day Trading by Dadas
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Dadas replied Jun 5, 2014I really don't know much about trading, but I think this is a good trade: image
Price Action in Day Trading by Dadas
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Dadas replied Jun 5, 2014image You went Long exactly where the perfect Short was.
Price Action in Day Trading by Dadas
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Dadas replied Jun 5, 2014Well, if you are going to trade like that and only get lucky scalping shots, you will never take the big move, because you can't read the charts, and you have no idea what is going on in the Market. Price is in Short Trend bounced off Resistance ...
Price Action in Day Trading by Dadas
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Dadas replied Jun 5, 2014Your emotion is completely out of place. There will be such opportunities many, many times. Except, most of the times you will never take any of these opportunities, because they are on the news, and are very dangerous to trade. Until you are very ...
Price Action in Day Trading by Dadas
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Dadas replied Jun 5, 2014Safrash, please use the attached indicator to show your trades on your charts. When trading, you can set Show_Closed_Trades = false; When you want to analyse your trades, you set Show_Closed_Trades = true; file
Price Action in Day Trading by Dadas
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Dadas replied Jun 5, 2014You see, guys, ultimately it is all about where you put your Stop Loss. A lot of you who are with me from the start remember what I used to say about asking the Market to take your Stop Loss, and that's true. I have, recently, realised that changing ...
Price Action in Day Trading by Dadas
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Dadas replied Jun 4, 2014This Entry is not wrong, it's ok, though late. Another thing, where did you get this Entry from??? You must have Entered that one on one of the Candles after the Long Trend. Theoretically, it's not at the bottom of the Pink PTECZ Zone, but SL should ...
Price Action in Day Trading by Dadas