I am neither right or wrong. The price is always right.

Price Action in Day Trading by Dadas

One little comment about the ichimoku: The Chinkou Span is nothing more than the Line Chart representation. The shift backwards is just a psychological trick giving 2 points of refference. You can see that clearly if you apply shift 0, thus no ...

Price Action in Day Trading by Dadas

Trading the D1 chart, here is what I see: image First of all, I would use the cloud from W1 (10080). Even though we can see some Potential Support, it still means very little. It is only Potential Support, and price can go through it without ...

Price Action in Day Trading by Dadas

Hi thetrebel214, Please post your charts. I do not actually trade ichimoku, I just saw it working, now. I guess, when one can read the charts, after a while all methods become "tradable". I am only interested in the ichimoku cloud, and I use my own ...

Price Action in Day Trading by Dadas

So, further modifications to Ichimoku followed today. It's not pure Ichimoku any more. But, it really helps me a lot! It eliminates a lot of doubt and uncertainty, but most of all, it helps me stick to my rules, my strategy, and not violate it! One ...

Price Action in Day Trading by Dadas

So, as it is, I always must do it my way. First: Since I can read Price Action and the chart itself, I don't need the Tenkan Line (Blue on above image). I will use the chart itself as it is for the actual Price Action. So, I set the color for Tenkan ...

Price Action in Day Trading by Dadas

Just as you thought this thread couldn't go any further - surprise! I have been studying the ICHIMOKU indicator. What I have seen surpassed all my expectations, once I took time to understand what Ichimoku is about! Combining Ichimoku with PTECZ, ...

Price Action in Day Trading by Dadas

As much as I do appreciate your gratitude and I am very glad to be of help, I do not approve of any religious propaganda on my thread! I, really do not care who or what anyone believes in! In the end, it doesn't matter anyway! In my private opinion ...

Price Action in Day Trading by Dadas

Dadas_BO_Trade_Layout.mq4 update! Meta Trader4/experts/indicators/ file Meta Trader4/experts/indicators/ file Meta Trader4/experts/scripts/ file Meta Trader4/experts/scripts/ file Meta Trader4/experts/scripts/ file Meta ...

Price Action in Day Trading by Dadas

And, the new modified Dadas_BO_Trade_Layout.mq4 requires also the modified file file

Price Action in Day Trading by Dadas

Dadas_BO_Trade_Layout_Delete.mq4 is a script, so it goes into: Meta Trader/experts/scripts folder. Then, when you want to delete the Line Set, you Drag&Drop it on the chart. Sometimes the MT4 gets saved Objects from template, so it is good to clean ...

Price Action in Day Trading by Dadas

It is simple. There are 2 patterns (Significant Brake Out Candles) to look for, or rather the indi is looking for them: 1. The Engulfing Break Out Pattern, 2. The Second Candle in same Direction Pattern. Of course, keeping in mind that the Engulfing ...

Price Action in Day Trading by Dadas

So, guys, we have travelled a long way since March 2013. Seems so not long ago, yet, seems likes eons away. I know the answers, now. Is Profitable Trading possible? Yes, it is. What is the secret? It is our Ego, and only our Ego! Do you understand ...

Price Action in Day Trading by Dadas

Yes, attached please find the original version and my own remake. In the m-Candles_ZoneCandle_Style.mq4 I have added a little function to Plot Open/Close Lines of 3 specified Tf Candles back according to TfBar (the Tf you want the Candles from) and ...

Price Action in Day Trading by Dadas

So, let's analyze the EURUSD situation on Friday from M15 perspective: Before the Bullish Break Out: image 1. W1 BO Long Resistance, 2. Price went Down from that Level and got stopped at that Level, 3. No signs of Bullish Srength, signs of Bearish ...

Price Action in Day Trading by Dadas

So, the Price can always go Down or Up. If Trend is Bullish, it is more likely to go Up. If you've got the BO Lines, just look if Price is Breaking them and in which direction. image Does that mean you will never make mistakes? Of course you will ...

Price Action in Day Trading by Dadas

image

Price Action in Day Trading by Dadas

OK, pipsane, so what's your issue here? Where is the trade? Where is your analysis? Why did you get stopped? Where did you Enter? Which direction? Why there? Why this SL and not another? Where was your target? Where is your plan? What you have ...

Price Action in Day Trading by Dadas

This is a known issue, it has been happening since the begining and I can't help it. Try using a different browser. This has worked for others.

Price Action in Day Trading by Dadas

I have shown you my analysis many times. I will show you once more, the latest upgrade of the Follow the PTECZ method. 1. Determine Trend and Price Position: image Trend: Bears Price Position: Near Bottom image Trend: Bears Price Position: Near ...

Price Action in Day Trading by Dadas