image The story here: My analysis clearly showed Long. Thus, I Entered without much thought - the first Entry higher. Then, Price still moved down, so I Entered another Long, lower. And, I had a plan, which I follwed: 1. Close the whole worse ...

Price Action in Day Trading by Dadas

What goes Down, must go Up, at least some distance. image That's why I like GOLD so much. It is more "predictable".

Price Action in Day Trading by Dadas

Not everything went well, today. I totally messed up on GBPUSD: image I was too concentrated on GOLD, and failed to monitor GBPUSD closely. But, that's what trading is about! It's the final total result which counts.

Price Action in Day Trading by Dadas

Now, this Entry I like much better! image

Price Action in Day Trading by Dadas

A pretty good trade, but I totaly dislike the Entry! image

Price Action in Day Trading by Dadas

So, here is the summary of my trades from today: image The last two trades: First, I was counting on a bigger move. It started, but quickly died out. So, I closed with small Profit. The last one, I was going for news effect, which was possible, ...

Price Action in Day Trading by Dadas

2nd attempt on GOLD: image

Price Action in Day Trading by Dadas

Today just 1 trade, on GOLD: image

Price Action in Day Trading by Dadas

Attention to detail is the important issue, here. I mean, attention to the smallest detail. If you want to be expert in true Price Action, you must learn to read information from the movements of the Bid Line. Of course, if you are interested in ...

Price Action in Day Trading by Dadas

ONLY FOR European Union Citizens Let's help each other! My Broker has helped me a lot! Their Live Trading Webinars are really great! They are trading a real Pro Account and Profiting consistently. They are offering an affiliate program. I send them ...

Price Action in Day Trading by Dadas

In case you haven't noticed, the new version of MT4, integrated with MT5 provides the opportunity to view Profit in Points instead of in currency. This makes it much easier to monitor many trades. I like this new version a lot. It gives plenty new ...

Price Action in Day Trading by Dadas

And, the last trade for now, EURGBP. I entered this trade last evening c/z I saw an opportunity on H4. Today, I monitored the trade and followed the same procedure, however, this time I waited and got the trailed SL. image Basically, this should ...

Price Action in Day Trading by Dadas

I also chose GBPJPY and EURJPY to trade, today. There is a story, here, which shows what I have written 2 posts earlier. Somehow, initially I figured out Short on GBPJPY, but without strong reasons, and I figured out Long on EURJPY. And I actively ...

Price Action in Day Trading by Dadas

So, last evening I sat down and analysed all the instruments my broker provides, except for Indices and Stocks. Before that I customized my MT4 Market window leaving only the instruments I wanted and ordering them in my order. This morning, I sat ...

Price Action in Day Trading by Dadas

What I am about to say, here, may be the most important post of my entire thread. I want to make a few things clear to you. If anyone ever tells you that Daytrading is about waiting, they know very little about Daytrading, even if they are highly ...

Price Action in Day Trading by Dadas

First, please learn English!!! "Price Action in Day Trading by Dadas" is a "thread" on ForexFactory.com. "Trend" is what goes up or what goes down - Price in this case. "GDPUSD" - What pair is this??? Please, first learn your financial ...

Price Action in Day Trading by Dadas

Guys, today is our anniversary!

Price Action in Day Trading by Dadas

I have no idea what happened. I didn't delete any images. About understanding the charts, here is the link: url Otherwise, you can get me on SKYPE and I will help you.

Price Action in Day Trading by Dadas

image This is where it came from: image

Price Action in Day Trading by Dadas

If I see +50 Pips, I take it! image

Price Action in Day Trading by Dadas