One more note:
I am showing the MT4 way.
MT4 is, probably the most commonly used trading platform.
There are other trading platforms and trading mechanisms.
My concept works anywhere there is a chart representing Price Action in Time.
It requires only either the Bar Chart or the Candlestick chart.
You can not see High and Low values on the Line chart.
The Line chart is useless for indentifying Consolidation Zones like the PTECZ.
My choice is the Candlestick chart, because I see Price Action more clearly
on the Candlestick chart than on the Bar chart.
And, the purpose of this thread is not to widen the traders' horizon as of
the variety of trading methods, but to present Price Action in Day Trading by Dadas.
I am showing the MT4 way.
MT4 is, probably the most commonly used trading platform.
There are other trading platforms and trading mechanisms.
My concept works anywhere there is a chart representing Price Action in Time.
It requires only either the Bar Chart or the Candlestick chart.
You can not see High and Low values on the Line chart.
The Line chart is useless for indentifying Consolidation Zones like the PTECZ.
My choice is the Candlestick chart, because I see Price Action more clearly
on the Candlestick chart than on the Bar chart.
And, the purpose of this thread is not to widen the traders' horizon as of
the variety of trading methods, but to present Price Action in Day Trading by Dadas.
Trade the facts, not opinions.