How about this possible trade. I didn't take it. PETZ formed on H4 in upward direction, entry off M15 on retrace ?
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DislikedYes,its hit the 60pips!Infact it has moved up over 100pips today here from my chart.As for the difference on our charts,could it be because of time zone?my MT4 time is London time +2.thanks!Ignored
DislikedGood Parsfx. This is not a prediction but the logic. There are other inform needed right. You can see LH. Is part of the method? Logic Logic Logic Great tradeIgnored
DislikedHow about this possible trade. I didn't take it. PETZ formed on H4 in upward direction, entry off M15 on retrace ? {image}Ignored
DislikedDadas can you mark your enter and exit points of your trades on the chart so that we can see actual trades made from your sistem.Ignored
DislikedWhat a bout this Trade ..... Sell "EUR/JPY" @ 130.40 S.L : 130.85 T.P : 128.80 http://img7.imageshack.us/img7/745/eurjpy.jpgIgnored
DislikedDadas can you mark your enter and exit points of your trades on the chart so that we can see actual trades made from your system?Ignored
DislikedHere's a trade I just entered (CADJPY) after a PTECZ on the Daily and I entered off the 4HR chart. This is my 1st trade according to Dadas method so i have no idea how much its according to the rules or not. One thing I would appreciate comments on is: I would like to use this method on higher Tf's as tried in this trade. My plan is to use the Daily as my starting point and then use the 4Hr as the Tf from which I will id my entries. If I don't wanna go lower than 4Hr for my entries, would it be okay to only start at the Daily or should it be better...Ignored
DislikedDadas, All I can say is WOW!!!!! Thank you very much for your reply. I never expected to get such a detailed response...it more resembles a training course then just a comment or reply. It amazes me that you find the time and patience to educate fellow traders in such a thorough manner. You have inspired me to study deeper into your teachings. It will take me a while just to absorb the post above. let alone all your posts. Thanks againIgnored
DislikedI did not get off to a good start with this thread. Your dismissive attitude to two other traders who were starting similar threads was the main cause.Ignored
DislikedThen when I saw there were discrepancies in your early posts, especially terminology, I posted my views accordingly.Ignored
DislikedYou have not made a friend here, but I am interested in the continuation of this thread.Ignored
DislikedFake outs, and some very vicious ones, are the biggest problem with trading out of consolidation zones. Your examples all show the good outcome of breakouts from consolidation zones but based on retrospective analysis.Ignored