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Dadas replied Jun 4, 2014MT4 can have anything you can program, yourself. I have what I can program, myself.
Price Action in Day Trading by Dadas
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Dadas replied Jun 4, 2014If I had opened a Long down in that PTECZ, on retest, I would place my Take Profit where the white line is, under the historical H4 PTECZ. That's all. Now, I would not trade Long, but watch for a possible Short. image
Price Action in Day Trading by Dadas
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Dadas replied Jun 4, 2014image What you think or what I think has no meaning in trading. Price will do what it will do. Anyway, I don't think it is a good idea to enter long just below a PTECZ. Where you Entered Long, I usually place my Take Profit.
Price Action in Day Trading by Dadas
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Dadas replied Jun 4, 2014When did you open the SL on EURJPY? When Price started going against you? Because it isn't there on your first image. You never move your SL to more Loss!!! You must always place your SL immediately after opening the trade. Still, this never gives ...
Price Action in Day Trading by Dadas
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Dadas replied Jun 4, 2014So, safrash, how are your trade results??? Both loss, or maybe you don't have SL and you're wishing??? If you want to play it this way, I won't help you any more.
Price Action in Day Trading by Dadas
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Dadas replied Jun 4, 2014Post your trade when it's closed, like I told you before.
Price Action in Day Trading by Dadas
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Dadas replied Jun 4, 2014Safrash, stop posting charts. I've got chart and I can see them. Post your trades on the charts.
Price Action in Day Trading by Dadas
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Dadas replied Jun 4, 2014IMHO very ugly color composition. Otherwise, history of Price Action.
Price Action in Day Trading by Dadas
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Dadas replied Jun 4, 2014Better is that which works best for you. There is nothing "better" or "worse" objectively. Every person is individual and must find his or her own way that works for them. I have written about this many times in my thread. I am also telling you one ...
Price Action in Day Trading by Dadas
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Dadas replied Jun 4, 2014Right, that pattern is one of the strongest, because there is already a Break/Trend Candle. But, it is also very often a false signal. You must figure out which one is the strong one. Also, please understand that I am not sitting inside your head. ...
Price Action in Day Trading by Dadas
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Dadas replied Jun 4, 2014It means nothing. What you are trying to figure out means nothing. There are no rules in this Market. PTECZ is local consolidation. Price can always do 3 things: 1. Consolidate (No Trend), 2. Break Out (Trend Up), 3. Break Down (Trend Down). What is ...
Price Action in Day Trading by Dadas
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Dadas replied Jun 4, 2014MT4 does not plot Candles of different width. MT4 does not have any voloume of contracts data. This is OTC (Over The Counter) Market. It does not have a Central Exchange. The volume data in MT4 is ticks volume. Some companies offer volume indicators ...
Price Action in Day Trading by Dadas
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Dadas replied Jun 4, 2014Safrash, you are quoting a post dated: Apr 27, 2013 17:39 How the F_U_K am I supposed to know that more than a year later? If it doesn't say it in the post, sorry mate, you are late. W1 Index=5 was Index=5 on Apr 27, 2013. Today is Jun 4, 2014 !
Price Action in Day Trading by Dadas
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Dadas replied Jun 4, 2014Candles are indexed from 0 = current candle, 1 = first closed candle, and so on. So, when a new candle closes, the index changes by 1. Those were the index numbers at the time I was doing that analysis. Timefames are defined by minutes: M1=1, M5=5, ...
Price Action in Day Trading by Dadas
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Dadas replied Jun 4, 2014Yes, at one point FF made me commercial member.
Price Action in Day Trading by Dadas
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Dadas replied Jun 4, 2014Ask Zarach, it's his strategy! Ah, the "What if?" problem!
Price Action in Day Trading by Dadas
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Dadas replied Jun 3, 2014One more thing, Safrash. How can you say that a Candle is Break Out when the Candle isn't closed, yet??? I am looking at my chart and trying to find your BO Candle, but it isn't there!!! There are only Candle Shadows. image Now, looking again, my ...
Price Action in Day Trading by Dadas
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Dadas replied Jun 3, 2014Safrash, first of all, you can not win them all, that's impossible! Anybody who has a 50% - 60% win ratio is very, very good. We need the Money&Risk Management because of this fact. It is the Risk/Reward element which gives us our Profits. You must ...
Price Action in Day Trading by Dadas