Consider what's happening now on GOLD. image How are we supposed to figure out which way to Trade, now? Well, Price must either BO up, or otherwise Short on retrace. Nobody can tell us which direction Price will go next. We can only wait and watch ...

Price Action in Day Trading by Dadas

PPS. IOW, the best course of action was to Close the first trade in the highlighted area. image Then watch PA and make new decisions. Generally, that is what I did, only not well enough. I was late on closing the first trade. I was ...

Price Action in Day Trading by Dadas

Here is the evidence for my words: image My first Entry wasn't best, but it was good. But, then I started getting ideas. Thus, you see what happened. However, my Trade Layout proved to be correct, once again. Anyway, considerring the 6 Pips from ...

Price Action in Day Trading by Dadas

Hey, good to hear from you! Well, I have my way. You can look at it the way you do, but I am aiming at perfection, or almost. The Market can't hit you with full force if you follow some good rules with SL. True, my drama was because I just had ...

Price Action in Day Trading by Dadas

I feel I am just about there! Still making "mistakes", but getting closer. First trade on EURJPY: image Entry - not optimal! Should have been in the Green zone. Closed because of Price Action and I needed to concentrate on another trade.

Price Action in Day Trading by Dadas

Dadas_Fibo_Trade_Layout_Script.mq4 I already shared. 111_Draw_Custom_Zone_Candle.mq4 script I already shared. The more advanced Dadas_Entry_Zones_Script.mq4 includes functions which are way too dangerous for newbies, thus I will not share it. IOW, ...

Price Action in Day Trading by Dadas

Since nobody is sharing their results, I reckon nobody is following, and nobody really wants to learn trading together with me. Anyway, because this thread is a good storage place for my information and my progresses for anybody to refference in the ...

Price Action in Day Trading by Dadas

I also traded egzotic EURNZD, today. Because I saw an opportunity. image The spread worried me, but Range was OK. Closed, because of Friday and other chart related issues.

Price Action in Day Trading by Dadas

Which PTECZ is the right PTECZ? The historical Swing or Pivot PTECZ! image Though, I didn't trade GOLD, today. I went along with some fundamentals on USDJPY. image Yes, the Entry was bad, I didn't wait. And I closed manually because of Average ...

Price Action in Day Trading by Dadas

And so, my final conclusion is that my method is the best, for me! I understand fully, now, how some guys can trade M1 charts risking little against much. I also understand that this kind of M1 trading requires to be ready to take 10+ loses in the ...

Price Action in Day Trading by Dadas

Thank you! However, I do not wish you "great luck in your trading"! If you want to rely on "great luck in your trading", you will only lose your money. Luck is the last thing a Trader needs, though it can help a little. Anyway, I thank you for your ...

Professional Trading Strategy - student selection

Thus, when I saw the setup, I couldn't resist but Enter a Short. image I closed, because I am tired of waitng, now. And, actually this is a setup for closing the Short.

Price Action in Day Trading by Dadas

So, I took a trade, today. image The Entry wasn't so bad, but it was just before it struck me (post above). The ideal Entry was actually where indicated by the white Price Arrow (1334.33). My Exit looks very good - according to the Market ...

Price Action in Day Trading by Dadas

The Final Ingredient Something hit me hard, today! You remember, I hope, what I told you about how the Market works? About the Buyers and the Sellers, that there are always 2 sides of each transaction? That is all true. However, what is the single ...

Price Action in Day Trading by Dadas

P.S. Just in case somebody doesn't understand, Exchange101 couldn't start any other thread than a Commercial one, because the rules of FF don't allow soliciting on a non-commercial thread. I, myself have been declared by FF as Commercial Member ...

Professional Trading Strategy - student selection

Hello John! Just subscribed. What you are showing here is called RSI Divergence. It just happens that using indicators is nothing bad, if you understand what indicators are for! Indicators do not tell the Trader that the Trend will change now or ...

Professional Trading Strategy - student selection

image But, I guess, that was pretty obvious, wasn't it?

Price Action in Day Trading by Dadas

Yes, there is a problem with those pictures. I know that changing the browser helps for some people. Otherwise, here is the link to my web site with these images: url

Price Action in Day Trading by Dadas

jgadefelth, I have often written that it is not the strategy which "works"! It is always the Trader who can either make the strategy work for this Trader, or the Trader can mess up any strategy, no matter how good. Psychology and emotions are the ...

Price Action in Day Trading by Dadas

Huge thanks for your words of support! I think the best indicator ever would be the "My_Emotion_Attitude_Indicator.mq4" with Automatic MT4 Shutdown mechanism if the indications are in the wrong direction! Anyway, I did not destroy my account! I did ...

Price Action in Day Trading by Dadas