Someone asked me to explain, here, why I am taking those trades. I can't explain every case, that would take me too much time amd hassle. But, I can show you one example of a Trade I took yesterday and why. SILVER image The day before yesterday ...

Price Action in Day Trading by Dadas

EURCAD image

Price Action in Day Trading by Dadas

EURUSD image

Price Action in Day Trading by Dadas

USDSEK image

Price Action in Day Trading by Dadas

Yup! You can SKYPE.

Price Action in Day Trading by Dadas

So, how did my Cable Trade go? I watched PA and saw suspicious reaction, so I hedged it. Got SL on Short, Closed Profit on Long. PipTracker shows the final result. image I did that on the D1 chart only. The H1 is only to better show you the Trades.

Price Action in Day Trading by Dadas

Of course, you will get best results if you only Enter on Swings, like PTECZ or Range Bars, not in the middle.

Price Action in Day Trading by Dadas

Instead of making your life tough and trying to solve a mystery, why don't you do it the easy way? 1. Take the D1 chart, 2. Have your Daily Average and Weekly Average Levels plotted, 3. Have your Trading Platform plotted, 4. Trade what you want, DT ...

Price Action in Day Trading by Dadas

So, to sum up: GBPUSD: 1. Monthly-wise, in Range after Bearish Trend, 2. Daily-wise, at the Top part of retrace towards Resistance. EURGBP: 1. Monthly-wise, in Range after Bullish Trend, 2. Daily-wise, on the way down to Support, not yet there. ...

Price Action in Day Trading by Dadas

eurusd image image

Price Action in Day Trading by Dadas

eurgbp image image

Price Action in Day Trading by Dadas

First of all, you forgot that we don't predict!!! Second, you have a strange way of plotting CSCZ??? Like, you plot the Resistance CSCZ at Support and Support CSCZ at Resistance??? GBPUSD image image

Price Action in Day Trading by Dadas

image

Price Action in Day Trading by Dadas

You're, actually, doing a pretty good job! Yes, you need a lot of chart-hours, a lot!

Price Action in Day Trading by Dadas

Well, whatever! You ask, you get! The attached versions can be applied in as many instances as there are Timeframes on MT4

Price Action in Day Trading by Dadas

To help you guys who have PTECZ identifying issues, I have written new versions of Daily_Range_Stats.mq4 and Custom_Range_Stats.mq4 They, now include lines to identify Current Potential High and Low Levels according to Average Range. These lines are ...

Price Action in Day Trading by Dadas

Bedayan, Your problem is in identifying the swing levels and platforms (consolidations). I told you about the averages and I gave you the indicator. You don't need all PTECZ levels. And, you need to learn Price Action and the Market Structure. You ...

Price Action in Day Trading by Dadas

Oh, I understand, perfectly, believe me. As for your indi, I just introduced a simple solution which works. Other than that, I have no time to dwell with your code and I don't intend to. Your lights are totaly useless and carry no vital information. ...

Price Action in Day Trading by Dadas

If you read the first 3 pages, you should know. If you haven't, that's where you start - from the begining.

Price Action in Day Trading by Dadas

The simplest works the best: image

Price Action in Day Trading by Dadas