Well, Guys, I feel like sharing my latest outcomes with you. Just as a precaution. I know, everyone must learn on their own mistakes, but just maybe I can save someone the pain. During the last 3 days I have been experiencing a very emotional ...

Price Action in Day Trading by Dadas

ellenbrook, I am 54 and I started learning Forex trading at age 51. For many people I am old for learning how to trade, especially for the young angry wolves. You, Sir are closer to my parents age. My mother is 76 and my father is 79 this year. I am ...

Price Action in Day Trading by Dadas

Dear ellenbrook! Trading GOLD is no different than trading any other instrument. In fact, GOLD behaves very technically and is easier to trade than EURUSD, for example. You can only "lose your shirt" if you are stupid and trade without Stop Loss and ...

Price Action in Day Trading by Dadas

This EURUSD example clearly shows why trading is so tricky these days: image There was one M15 SBOC from the initial consolidation on Friday. Practically, there was only 1 trade, Long on Retrace back to the DOP. Other then that, trading was only ...

Price Action in Day Trading by Dadas

Once, somebody in this thread was very annoyed with me, because I said that most of the time Price consolidates, and he said that any experienced trader would say that I was wrong, because Price Trends... Well, let me show how Price works on this ...

Price Action in Day Trading by Dadas

Technical analysis and reading Price Action requires charts with data. It doesn't matter if the charts are 1 minute or 1 month, as long as there is enough data to relate to. Otherwise, an Engulfing Candle or Significant Break Out Candle is always ...

Price Action in Day Trading by Dadas

It wasn't so easy to figure out the Market on GOLD for today, my time. Mainly because the Bull Trend is at the Top, at Resistance PTECZ, so the Market is now struggling which way to go next. At such Swing Transition moments Market goes up and down ...

Price Action in Day Trading by Dadas

Hello wongpasar! Nice to meet you! You are right, your questions are a bit outdated. This thread has become quite dead recently, so I am not updating. Actually, what I am trading now is somewhat different from the stage you are talking about. ...

Price Action in Day Trading by Dadas

Your English - Big Problem.

Price Action in Day Trading by Dadas

My friend, please drop your excitement! You still have a very long way to go before you really understand trading.

Price Action in Day Trading by Dadas

First, you need Dadas_Mod version of Ichimoku indicator: file file The Parameters are as follows: image image To cancel the other Ichimoku lines: image Of course, feel free to experiment with inputs if you wish!

Price Action in Day Trading by Dadas

Very well spoken, Christianfx! I know it's all about psychology, and that's where the tools come in handy. Especially if you know what they are doing, how they work. That's why I need all those landmarks on my charts. They help me stick to my own ...

Price Action in Day Trading by Dadas

So, this is how it works: image I got SL-ed on the first trade. Well, if I had followed my system, I would have Broken Even at a slight Profit at Break_Out Line. But, as it happens, we are not always there to take proper action. However, no sweat, ...

Price Action in Day Trading by Dadas

Yup, you're missing the following posts you haven't read, yet. Try a different browser, it seems to help. This is a certain issue which I can't fix, cause I can't edit that post any more. The images in that post are on an external server, and this ...

Price Action in Day Trading by Dadas

I feel like sharing my thoughts with you. You, know how I said that 20 Pips per day is more than enough? And, some of you are taking 5 Pips at huge leverage, or just 5 Pips, cause you're afraid. Others are trying to "minimize" risk by risking (read ...

Price Action in Day Trading by Dadas

Both charts are from the same broker. The unshifted, normal is on the demo server. The shifted one is on the real account server. Yes, the Candles are 15 minutes, but they begin 3 minutes later. Ie. 13:00 begins at 13:03 and it continues since 00:00 ...

Price Action in Day Trading by Dadas

Warning!!! Beware of Broker manipulation!!! I have just discovered a very keen way how your broker can manipulate Price Action! First, look at the EURUSD M15 chart plotted at normal 15-minute intervals: image Price action looks very clear with ...

Price Action in Day Trading by Dadas

Hi everybody in the new 2014! "Let's hope it's a good one!" Let's hope it's a HaPiPy One! I want to start off with a new present for you! Dadas_Fibo_Trade_Layout_Script.mq4 file file Here is the picture: image If you need further instruction, ...

Price Action in Day Trading by Dadas

image Merry Christmas Everyone!!!Happy New Year!!!

Price Action in Day Trading by Dadas

1. Cloud: Long - Agree (but also narrow on my chart) 2. Slope direction: Up - Don't agree (flat on my chart) 3. Trend Line: Long - Agree 4. Kijun: Support - Agree 5. RSI: up - W1 overbought, D1 overbought, H4 might still have some potential 6. Top ...

Price Action in Day Trading by Dadas