Price Action in Day Trading by Dadas | Page 88 | Forex Factory

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Price Action in Day Trading by Dadas

  • #1,741
  • May 9, 2013 9:15am May 9, 2013 9:15am
Without sounding like Iīm kissing a certain body part of Dadas, but canīt people see that heīs actually trying to take us to the next level? Maybe as a person and therefore as a trader as well.

Iīll stick to the improvement as a trader since anything else would be beyond this occasion. Can you be offended by some of Dadasīs responses? Yes I assume you can. I got responses that some would consider harsh (maybe Iīll get some in the future). But than on second thought, I think to myself yeah actually heīs right. Trading is very different from most occupations. Thereīs no one else to blame. If you made a mistake itīs you and ONLY you screwed up. I think Iīm starting to get the PTECZ now, including the part that we must free ourselves, it starts to make sense now. Did anybody watch the videos uploaded here? If not watch them and think about some of his responses again and what that means in conjunction to PTECZīs
  • #1,742
  • May 9, 2013 9:20am May 9, 2013 9:20am
Quoting Christianfx
... Yes I assume you can. I got responses that some would consider harsh (maybe Iīll get some in the future). But than on second thought, I think to myself yeah actually heīs right. Trading is very different from most occupations. Thereīs no one else to blame. If you made a mistake itīs you and ONLY you screwed up. I think Iīm starting to get the PTECZ now, including the part that we must free ourselves, it starts to make sense now. Did anybody watch the videos uploaded here? If not watch them and think about some of his...
Thank you for understanding!
Trade the facts, not opinions.
  • #1,743
  • May 9, 2013 9:32am May 9, 2013 9:32am
Quoting Christianfx
Trading is very different from most occupations.
Thereīs no one else to blame.
If you made a mistake itīs you and ONLY you screwed up.
Yes, that is a very important realization, one of the most important for any Trader!
It is not The Price, it is not The Market, it is not your Broker!

It is You, and only You!
Trade the facts, not opinions.
  • #1,744
  • May 9, 2013 9:35am May 9, 2013 9:35am
Quoting Dadas
{quote} I broke your integrity with 3 questions. The Market destroys your integrity without any questions. I wish you all the Best and Profit!
No, you questioned my integrity - you are not qualified to break it.

Along with countless others who have been trading any length of time, I am only to aware of how brutal the market can be.

But trading with integrity- i.e. The method used produces repeatable profitable trading opportunities, the use of discipline, RR and MM should give one at least a a chance for long term success.

All the above are easy to say but damn difficult to learn.

Still learning, as I am sure you are.

Thank you for you last sentence.

Let this be the end.
  • #1,745
  • Edited 10:23am May 9, 2013 10:10am | Edited 10:23am
Somehow that is how it works.
Some negative vibrations or bad ghosts attack.
Maybe it is the Ego revenge, or something else.

Put together, such a day should not be Traded!

First, I started messing with scalping, though it is not my style.
Then, I got posting. Missed the Entry at the Top.

I should have stopped at that moment, but no, I saw a Break Down
and repeated 2xShort. Did not Close bigger Profit, just moved SL to
secure Profit and got just that!

But, I got "tough" and amongst the autobob issue I Entered 2xShort again.
The Market asked no questions. Took me out on SLs.

Well, I repeated 2 more scalps and got out at +2.8 Pips.
Attached Image (click to enlarge)
Click to Enlarge Name: xauusd-m1-fxsalt-ltd.png Size: 72 KB


Whose fault was that?

Only mine! I did not follow my own rules.

If I had Entered Short at the Top in the first place, I would have gotten +120 Pips.

But, still somehow when the bad vibes are around, they attract other bad vibes!

And, the Trades on the chart tell the story, like reading a Diary!

And, my first 3 Shorts were the ones that should have stayed until the initial TP.
They were the right Short Entries at the Top.
Trade the facts, not opinions.
  • #1,746
  • May 9, 2013 10:41am May 9, 2013 10:41am
Was the Method wrong? NOPE!
Was the Market against me? NOPE!
Was my Broker against me? NOPE!

Who was against me? Myself! Or, My Self!
Trade the facts, not opinions.
  • #1,747
  • May 9, 2013 11:40am May 9, 2013 11:40am
Quoting Dadas
{quote} I do not understand where you get your general conclusions from. I am posting in English. You do speak English in Toronto, Canada. I've been there, I had no problems communicating in English. Look at the above Trade: Post# 1,626 You have got to read Price Action, read the signs, the signals. PTECZs, TBCZs, CSCZs are the "territorial signs", like Zones where the Price can Potentially react. You have got to watch Price Action in and around those Zones. You have...
Sorry Dadas, I had some lacking in basics when I posted that response! I have no question now. I will definitely post if I get confused in future...
  • #1,748
  • May 9, 2013 11:52am May 9, 2013 11:52am
And, you know what?

I didn't get the H4 Support PTECZ right.
Attached Image (click to enlarge)
Click to Enlarge Name: xauusd-h4-fxsalt-ltd.png Size: 62 KB

Attached Image (click to enlarge)
Click to Enlarge Name: xauusd-m1-fxsalt-ltd.png Size: 73 KB
Trade the facts, not opinions.
  • #1,749
  • Edited 12:17pm May 9, 2013 12:06pm | Edited 12:17pm
@Christianfx,

I really appreciate your great support,
but you do not need to be so concerned about those
guys with big, big Egos who pop up from time to time.

Of course I do not know anything about a Guy who has visited the thread
a couple of times, just posted here for the first time, hasn't posted a lot generally,
there is no information about him on his profile, he hasn't posted a single question,
not a single chart, not a single analysis. No, I know nothing about this Guy.

You and some others, here, are putting their hearts and souls into doing whatever it takes
to become a successful Trader. You are ready to take my harsh words "on your chest"
and think what message I want to relate to you.

Others have been trading for 4-6 years and are still looking for their method.
They are still unable to understand anything.

I throw in a question or two, I throw them a challange, a test.

We do not need to be distracted by those who refuse to understand!

The process is violent, but it quickly draws out the truth behind the person.
Either they stay, or they go.

Those who stay are worth my time and my devotion.

For a while you see the results, the posts.
They dissapear together with their authors.

I do not need to waste my time on those who do not want my help.

And, though I am not free of emotion, somehow I lead this thread with full awareness
of what I am doing. What's more, I usually have the answer before the questions appears.
It is almost like I am somehow sending the question to the mind of someone who will ask it.
But, I have already had that dialog in my mind, a couple of hours earlier, or the day before!

Same with this post. It has been with me for a longer time just waiting for the opportunity
to be written down and posted!
Trade the facts, not opinions.
  • #1,750
  • May 9, 2013 12:45pm May 9, 2013 12:45pm
Oh Shhhhh..., I have just realised something!

I have become PTECZ addicted!
Trade the facts, not opinions.
  • #1,751
  • May 9, 2013 1:11pm May 9, 2013 1:11pm
The young woman:
Attached Image

The old woman:
Attached Image

Both contexts on one image:
Attached Image


Surprisingly, or maybe not, most people see the old woman more easily.
It is like we are mostly pessimists!

You can learn to see the young woman by changing the thinking.
The eye of the old woman is the ear of the young woman.
The chin of the old woman is the neck of the young woman.
The nose of the old woman is the chin of the young woman.
The mouth of the old woman is the necklace of the young woman.

But, the goal is to see both women at the same time without the necessity
to change the thinking. This takes time and charts analysis helps a lot.
And, this ability helps a lot at chart analysis and seeing what is going on.

There are people who refuse to see the other context.
They say that it is not valid!
Trade the facts, not opinions.
  • #1,752
  • May 9, 2013 2:19pm May 9, 2013 2:19pm
every currency get crazy because of breakout of usd-jpy 100 level.
  • #1,753
  • May 9, 2013 2:32pm May 9, 2013 2:32pm
I would call today a day of missed opportunities.
Well, I got +20 Pips at the end.
Got this one according to the rules!
Attached Image (click to enlarge)
Click to Enlarge Name: xauusd-m1-fxsalt-ltd.png Size: 58 KB
Trade the facts, not opinions.
  • #1,754
  • May 9, 2013 2:35pm May 9, 2013 2:35pm
Quoting P.Action
every currency get crazy because of breakout of usd-jpy 100 level.
That is possible, but, for us Price Action Traders with PTECZ
that should not have any meaning. Price is showing all the time.
It is just me, who is not following the rules.
When I put my mind in the right place, the result comes instantly!
Trade the facts, not opinions.
  • #1,755
  • May 9, 2013 2:58pm May 9, 2013 2:58pm
Quoting Dadas
I would call today a day of missed opportunities. Well, I got +20 Pips at the end. Got this one according to the rules! {image}

Today. mine is +93 and 1 SL -11 pips. %2 risk
  • #1,756
  • May 9, 2013 3:00pm May 9, 2013 3:00pm
Quoting Dadas
{quote} That is possible, but, for us Price Action Traders with PTECZ that should not have any meaning. Price is showing all the time. It is just me, who is not following the rules. When I put my mind in the right place, the result comes instantly!
yeah i know. i input the rules to my orders. i wait break to consolidation area and pull back. after that enter the movement. especially GBP-USD currency was very clear today.
  • #1,757
  • May 9, 2013 3:20pm May 9, 2013 3:20pm
Quoting Christianfx
Did anybody watch the videos uploaded here? If not watch them and think about some of his responses again and what that means in conjunction to PTECZīs
What videos?
We always have a choice to be right or kind,be kind you will learn more.
  • #1,758
  • May 9, 2013 3:28pm May 9, 2013 3:28pm
Quoting emailpat
{quote} What videos?
Post# 237
Trade the facts, not opinions.
  • #1,759
  • May 9, 2013 4:00pm May 9, 2013 4:00pm
Thanks Dadas was supposed to remind myself to go back and watch when I had TIME - so NOW must be the TIME
We always have a choice to be right or kind,be kind you will learn more.
  • #1,760
  • May 9, 2013 4:01pm May 9, 2013 4:01pm
I would advise everybody to start from the following movies:

"What The Bleep Do We Know, Down the Rabbit Hole"
"The Secret"
"Beyond the Secret"


You know where to find them.
Where all the films are, usually.
Trade the facts, not opinions.
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