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Dadas replied Sep 26, 2013This is like By-The-Book from Sam Seiden!
Supply - Demand Trading in it's best!
Price Action in Day Trading by Dadas
- Dadas replied Sep 26, 2013
Due to so called "objective issues" I wasn't Trading a lot, today. But, I got this Trade just now: image image
Price Action in Day Trading by Dadas
- Dadas replied Sep 26, 2013
So, I am doing my instruments scan. And, I found an opportunity, and got +8 Pips. image image
Price Action in Day Trading by Dadas
- Dadas replied Sep 26, 2013
Yeah, ultimately, colors are some kind of induced information. And, we know that Trend is a relative term! Heiken Ashi invented a variation of Candle charts which show all Candles in a Trend in one Color, however if you overlap Heiken Ashi over ...
Price Action in Day Trading by Dadas
- Dadas replied Sep 25, 2013
Yes, there is a reason. Though the Trend Candles are clear as far as color is concerned, the other Candles, PTECZ and Churn Candles have started to introduce a certain confusion to my brain. At a certain point I started seeing ie. some Green Candles ...
Price Action in Day Trading by Dadas
- Dadas replied Sep 25, 2013
Can one be proud of +1 Pip? image I am absolutely proud of this +1 Pip! This is the closest Entry I could get by Sell Stop. How did I do it? By manually trailing the Sell Stop with the retracing Price. Consider the time and what Market usually ...
Price Action in Day Trading by Dadas
- Dadas replied Sep 25, 2013
And, thus, back to EaglePip: What's Support, what's Resistance? What's Supply, what's Demand? Where are your Zones and what do they mean? I hope you can start to understand, now?
Price Action in Day Trading by Dadas
- Dadas replied Sep 25, 2013
So, you see, Guys, the Method does not change! It Evovles! You, either do your homework properly and know what's going on, or, otherwise, you're only guessing.
Price Action in Day Trading by Dadas
- Dadas replied Sep 25, 2013
So, it's obvious to ask yourself: "What's holding the Price, here?" A look at D1: image And find the H4 PTECZ at that level! You've got the answer: image
Price Action in Day Trading by Dadas
- Dadas replied Sep 25, 2013
OK, so I got Trail Stop. image Still, I am absolutely satisfied!
Price Action in Day Trading by Dadas