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Dadas replied Sep 21, 2013BUY STOP / SELL STOP I want to encourage all of you to really, really start thinking and using Stop Pending Orders! We all know and realise from our own experience how important psychology is in Trading. Just think about it..., you open a Market ...
Price Action in Day Trading by Dadas
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Dadas replied Sep 20, 2013Repeated the same trick with Sell Stop @ H1 Close and +16 Pips. image
Price Action in Day Trading by Dadas
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Dadas replied Sep 20, 2013I just looked and realised that I have just more than doubled this account since exactly 4th Sept.
Price Action in Day Trading by Dadas
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Dadas replied Sep 20, 2013So, I got my piece of pie on GOLD, after all +33.3 Pips! image When H4 Closed, I figured out the Trend was strong, so I waited for Price to retrace up a bit and placed Sell Stop @ H4 Open. It worked just great! I figured that if Price was to go ...
Price Action in Day Trading by Dadas
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Dadas replied Sep 20, 2013I got engaged into scalping today. Oh, well, so didn't see the great Trade that was there on GOLD. Anyway, +5 Pips on EURUSD added. image The Trade on GOLD worth 90 Pips was a classic setup! image image
Price Action in Day Trading by Dadas
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Dadas replied Sep 20, 2013As for your obvious timezone related issues, I would suggest that for DT you ought to Trade the Tokyo session. That's when something happens, at least enough to Trade. And, sometimes the math is in favour of Tokyo, so there is more to get. On the ...
Price Action in Day Trading by Dadas
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Dadas replied Sep 20, 2013This is a follow up on the previous EURUSD Trade. image I was planning to Long @ Open, but missed it, so Shorted at Top. Took a quick +4 Pips. Yes, this is scalping, but you don't need to go lower than H1!
Price Action in Day Trading by Dadas
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Dadas replied Sep 20, 2013At this moment this Trade got Closed at SL. It was at +16 Pips, and I am still looking for repeating the Short, only now from H4 if Price retraces to my previous Entry level. image And a very quick one on EURUSD: image I saw the situation, ...
Price Action in Day Trading by Dadas
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Dadas replied Sep 20, 2013Here is my running Trade that illustrates the recent Body_ATR_Levels Trading. image I managed to Enter Short near Daily Open Price (Blue dotted line). TP according to Body_ATR_Levels. At the moment SL is @ BE, so no sweat.
Price Action in Day Trading by Dadas
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Dadas replied Sep 20, 2013Hi fx-greg! Thanks a lot for your support! I read you were looking for a script, so I wrote one for you! It will plot you 2 lines in the distance of OFFSET_PIPS variable from Bid, which you can change in the script by modifying it. Also, you can ...
Price Action in Day Trading by Dadas
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Dadas replied Sep 20, 2013Hello EaglePip! Generally, I see you are getting the huntch of it! However, the Body_ATR_Levels show you the Market Volatility in the chosen Period of Time, ie. 5 Candles by default, calculated on the Closed Candles. So, as you see, the Volatility ...
Price Action in Day Trading by Dadas
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Dadas replied Sep 20, 2013Hi Ena! Yes, I understand! Especially the "Mighty" PTECZ_Trader can be quite a challange for anyone new! It's a very good thing that you are doing the manual job, and so, learning better! Don't worry, the whole secret in reading the charts with ...
Price Action in Day Trading by Dadas
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Dadas replied Sep 19, 2013My trades, today: image image The Trades are not so good, mainly because I was developing and testing, thus not being fully concentrated on the charts, but all of them would have reached TP, as you can see by the TP level markings.
Price Action in Day Trading by Dadas
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Dadas replied Sep 19, 2013So, as you know me, I spent my day on Trading and Developing. Thus, I expanded the latest Body_ATR_Levels.mq4 by some interesting features. Now, Body_ATR_Levels.mq4 contains: A. 2 static Lines: 1. From current Candle Open Up in the distance of the ...
Price Action in Day Trading by Dadas
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Dadas replied Sep 18, 2013Hi Bedayan! Hope you will share your charts with trades, here! That's the way I can help you and others can benefit, too.
Price Action in Day Trading by Dadas
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Dadas replied Sep 18, 2013Well, actually, it is now, and I was right!
Price Action in Day Trading by Dadas
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Dadas replied Sep 18, 2013Today I traded GOLD and EURUSD on H1 charts. I wasn't looking for Big Pips, only for what was available at the moment. image On EURUSD I was playing out yesterday's trade. image image And, this time I didn't close "too early", because I was ...
Price Action in Day Trading by Dadas
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Dadas replied Sep 18, 2013So, here is the Ultimate Secret to this Market Trading! I have written a very simple indicator which plots only 2 lines. It is called: Body_ATR_Levels.mq4 It finds the highest Open or Close value of the Bars_For_ATR number. It finds the lowest Open ...
Price Action in Day Trading by Dadas
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Dadas replied Sep 18, 2013Market is doing the normal - the FOMC meetings 17&18, they are deciding what to do next with the USD, print more or stop. I have some thoughts about this situation, Thursday and Friday will show if I am right. Monday was, actually very good for me, ...
Price Action in Day Trading by Dadas
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Dadas replied Sep 15, 2013Objects in MQL must be given specific names. So, they are recognised by their names, given by the programmer. Thus, as long as the HILOBAR_Zones are created given the same names as in the deleting script, the deleting script will do it's job. ...
Price Action in Day Trading by Dadas