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Price Action in Day Trading by Dadas

  • #1,941
  • May 17, 2013 2:54am May 17, 2013 2:54am
Quoting darko40
{quote} Dadas all indicators are on page 1.
Hi Dark040,

Thanks but I am using all this indicators from firt page.Neither of them showing the values which are showing in your chart right hand side bottom.Can you please check.Please see below screenshot.I have marked with yellow which I am asking for.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 54 KB
  • #1,942
  • May 17, 2013 3:00am May 17, 2013 3:00am
Quoting bedayan
{quote} Hi Dark040, Thanks but I am using all this indicators from firt page.Neither of them showing the values which are showing in your chart right hand side bottom.Can you please check.Please see below screenshot.I have marked with yellow which I am asking for. {image}
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-05-17_095812.png Size: 174 KB
my dream Australia.....
  • #1,943
  • May 17, 2013 3:18am May 17, 2013 3:18am
Hi Dadas and traders,

Could you share us your new indicator plz Dada's. We are all impatient.

I have try like everyone to take yours previous indicators too adapt them too look like the new but its hard and take lot of time... and very frustrating

It will be terribly more profitable to have the new one and work on it, than waisting time to work with 4 or 5 indicators and trying too look like the new one. So can you share us plz, even if we know that only an indicator on progress... like the others by the same way

Or if you dont, can someone share us his template with all the old indicators look like the new.

Would be very gratefull

I wish you all many grenn pips
Bottomless wonders spring from simple rules, which are repeated without end
  • #1,944
  • May 17, 2013 3:23am May 17, 2013 3:23am
If you can not just trade zone indicators PTECZ!! On one side all the necessary utility to be run. .
my dream Australia.....
  • #1,945
  • May 17, 2013 3:38am May 17, 2013 3:38am
Quoting limprobable
Hi Dadas and traders, Could you share us your new indicator plz Dada's. We are all impatient. I have try like everyone to take yours previous indicators too adapt them too look like the new but its hard and take lot of time... and very frustrating It will be terribly more profitable to have the new one and work on it, than waisting time to work with 4 or 5 indicators and trying too look like the new one. So can you share us plz, even if we know that only an indicator on progress... like the others by the same way Or if you dont, can someone...
Hi,

New indicator already been shared.I think dadas forgot to mentioned that.In the First post first two indicator is the indicator.
  • #1,946
  • May 17, 2013 4:01am May 17, 2013 4:01am
Before I go on answering to your posts, I want to show you something.

You know that yesterday I had a bad day.
I lost a lot of Pips, then tried to save my account by Trading bigger Lots.

I did everything against my rules.

But, I know what I am doing and I analyse the charts all the time.

So:
Attached Image (click to enlarge)
Click to Enlarge Name: xauusd-m1-fxsalt-ltd.png Size: 85 KB

+184.4 Pips closed this morning.

If you do not know what you are doing, you should not try this!
Trade the facts, not opinions.
  • #1,947
  • May 17, 2013 4:21am May 17, 2013 4:21am
Quoting ellenbrook
Dadas hi thanks for the great system and your valuable time and effect ,do you have time too sleep,or trading? you are a very busy men,anywhere has you suggested read and read again and again????but only braining peoples can get it ,i believed it will take me one year too figure out but a will persist.????????? many thanks
Hello and welcome,
Oh, I sleep regularly, min 7-9 hours.
I am one of those who sleep too much!

I Trade London and NY sessions, that is how they fit in my day.
Sometimes I catch some Pips before London session.

About the brainiacs, well, Forex and Trading is not for people who are unable to think.
They will only lose their money.
Unless they are lucky with the Follow other Traders' moves method.
But, they will never know what they are doing or what is happening with the Price.
They will still lose their money because of the psychological factor.
They will be afraid to lose more and close when Price will move in the opposite direction,
or they will not close and loose a lot of money hoping for Price to come back.

It is always wise to think and to know what you are doing!
In every action in your life!

If it must take you a year, then you are still good!
It takes some people 6 years and they still don't know what they are doing!

Others catch up after 2 years, for example.

And, yes, it must take minimum 2-3 years to learn to Trade successfully.

And, yes, some people will never learn, and Forex Trading is not suitable for them!

Be persistent and Follow the PTECZ!
Trade the facts, not opinions.
  • #1,948
  • Edited 1:42pm May 17, 2013 4:30am | Edited 1:42pm
Quoting bedayan
{quote} Hi Dark040, Thanks but I am using all this indicators from firt page.Neither of them showing the values which are showing in your chart right hand side bottom.Can you please check.Please see below screenshot.I have marked with yellow which I am asking for. {image}
What do you mean?

Custom_Zone_Candle_with_Index.mq4 has
Show_MN_PTECZ_Label true/false
Show_W1_PTECZ_Label true/false
Show_D1_PTECZ_Label true/false
Show_H4_PTECZ_Label true/false
Show_H1_PTECZ_Label true/false
Show_M30_PTECZ_Label true/false
Show_M15_PTECZ_Label true/false
Show_M5_PTECZ_Label true/false
Show_M1_PTECZ_Label true/false

When true it shows the chosen Label.
When false, it does not show.

Make sure the color is not the same as your chart background color!
Trade the facts, not opinions.
  • #1,949
  • May 17, 2013 4:51am May 17, 2013 4:51am
Quoting limprobable
Could you share us your new indicator plz Dada's. We are all impatient. I have try like everyone to take yours previous indicators too adapt them too look like the new but its hard and take lot of time... and very frustrating It will be terribly more profitable to have the new one and work on it, than waisting time to work with 4 or 5 indicators and trying too look like the new one.
Man, you have to be able and willing to work hard!
Otherwise no Indicator will help you, my new one won't help, either.
Darko40 is only using the PTECZ and Custom_Zone_Candle_with_Index.mq4, and Daily_Range_Stats.mq4.
He has not been Trading a very long time, and look how he is doing!

Quoting bedayan
{quote} Hi, New indicator already been shared.I think dadas forgot to mentioned that.In the First post first two indicator is the indicator.
Well, you are not correct or partially correct.
Yes, you can use the m-Candles_ZoneCandle_Style.mq4 together with
Custom_Zone_Candle_with_Index.mq4 to symulate the PTECZ_Trader,
but the PTECZ_Trader includes a couple of tools that can not be found anywhere else.
Trade the facts, not opinions.
  • #1,950
  • May 17, 2013 4:58am May 17, 2013 4:58am
Oh, and the birds would be plus 60 pipsów yet and is 27 so for today 61+27 =88 pipsów enough: )
a summary of tygodna PTECZEM 440 pipsów on plus 40 pipsów on minus ,mark i want to that entry is a small leaky SL maximum 15 pipsów zazwyczja 10 pipsów.I wish you all a pleasant rest and on Saturday will make a champion LECH
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy.armm5.png Size: 45 KB
my dream Australia.....
  • #1,951
  • May 17, 2013 5:06am May 17, 2013 5:06am
Quoting Dadas
{quote} Man, you have to be able and willing to work hard! Otherwise no Indicator will help you, my new one won't help, either.
I know that very well. i am an old man It is true for all kind of works. But i'm talking about productivity. When a good tool exist its better to work with it. I am waisting time to reinvent the same! Like in any other job...

I trade since several weeks with PTECZ. The new indicator or the template with the old look very fine. I just want to compare with mine and see if i trade better with them than i do actually. cause yes i am in green pip since i leran your method dadas.


But if dadas dont want to share the new indic (maybe we could ameliorte it together) or if anyone want to share his template, thats ok...

Ty ang good trade to all
Bottomless wonders spring from simple rules, which are repeated without end
  • #1,952
  • May 17, 2013 5:22am May 17, 2013 5:22am
Quoting limprobable
{quote} I know that very well. It is true for all kind of works. But i'm talking about productivity. When a good tool exist its better to work with it. I am waisting time to reinvent the same! Like in any other job... But if anyone want to share his template, ok, i will loose my time... Ty ang good trade to all
Can anybody explain step by step thaught process how you are taking the trades.Mainly I trade in daily chart.Suppose for example I find a PTECZ candle in Daily chart. What next you are trying to do?

are you looking for break out and retest of the PTECZ candle high or low with the trend?

or you are plotting the ptecz candle shadow from higher time frame and then looking for PTECZ candle in lower time frame at higher time fram PTECZ candle upper or lower shadow?

Went through all the posts but most of the cases how you identify the PTECZ candle and lotz of screenshots present.How exactly trading it not explained.Can you explain.If anybody willing to teach me.
  • #1,953
  • May 17, 2013 5:26am May 17, 2013 5:26am
Quoting limprobable
{quote} I know that very well. i am an old man It is true for all kind of works. But i'm talking about productivity. When a good tool exist its better to work with it. I am waisting time to reinvent the same! Like in any other job... I trade since several weeks with PTECZ. The new indicator or the template with the old look very fine. I just want to compare with mine and see if i trade better with them than i do actually. cause yes i am in green pip since i leran your method dadas. But if dadas dont want to share the new indic (maybe we could...
Try and be patient.
This is not a toy, it must work the way I want it to work!
Trade the facts, not opinions.
  • #1,954
  • May 17, 2013 5:30am May 17, 2013 5:30am
Quoting bedayan
{quote} Can anybody explain step by step thaught process how you are taking the trades.Mainly I trade in daily chart.Suppose for example I find a PTECZ candle in Daily chart. What next you are trying to do? are you looking for break out and retest of the PTECZ candle high or low with the trend? or you are plotting the ptecz candle shadow from higher time frame and then looking for PTECZ candle in lower time frame at higher time fram PTECZ candle upper or lower shadow? Went through all the posts but most of the cases how you identify the PTECZ candle...
bedayan,

Everything has been explained and shown in hundreds of chart examples
and many actual Trades, mine and others.

If you can not read what is on the chart, you will not be able to Trade!

The chart shows it all, no need to write.

Nobody can teach you anything if you do not learn to read the chart, the picture!
Trade the facts, not opinions.
  • #1,955
  • Edited 5:47am May 17, 2013 5:37am | Edited 5:47am
Quoting limprobable
{quote} I know that very well. i am an old man It is true for all kind of works. But i'm talking about productivity. When a good tool exist its better to work with it. I am waisting time to reinvent the same! Like in any other job... I trade since several weeks with PTECZ. The new indicator or the template with the old look very fine. I just want to compare with mine and see if i trade better with them than i do actually. cause yes i am in green pip since i leran your method dadas. But if dadas dont want to share the new indic (maybe we could...
This is my template Attachment
And may this template
Attached File(s)
File Type: tpl darko40.tpl   738 KB | 385 downloads
my dream Australia.....
  • #1,956
  • Edited 7:00am May 17, 2013 6:49am | Edited 7:00am
VERY IMPORTANT NEWS:

The latest version of MT4, which you might have or not yet,
has the new TP SL Drag & Drop tool already built in!

Be careful with your Trade Managers, delete them or you might lose money!

I have just updated my MT4 yesterday and today I opened my lvoe Trade Manager,
and wanted to move my default SL.
I clicked twice on the line and the Order Modify MT4 window poped up!
I could not move the line and my SL got executed!

Then I checked it out, and all you need to do is drag and drop the SL or TP line of MT4!

If you click twice, the Order Modify MT4 window pops up.

Get rid of the Trade Manager EAs!
Trade the facts, not opinions.
  • #1,957
  • May 17, 2013 7:13am May 17, 2013 7:13am
Thanks so much for the update
  • #1,958
  • May 17, 2013 7:23am May 17, 2013 7:23am
Quoting darko40
{quote} This is my template 1195215 And may this template {file}
Thanks Darko!
  • #1,959
  • May 17, 2013 7:27am May 17, 2013 7:27am
One of our friends, followers of my thread, has sent me his Statement Chart.
He has been Trading Forex for ca. 2 years, has broke several accounts.
He has read my thread 10 times.
Applied the PTECZ method and the chart tells the story:
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-05-17_120248.png Size: 8 KB

You can post your charts, if you like!
Trade the facts, not opinions.
  • #1,960
  • May 17, 2013 8:23am May 17, 2013 8:23am
http://charts.mql5.com/1/577/gbpusdm...g-point-of.png

Target all most achieved, two trades was done, one was [email protected] closed 1.5348.other is [email protected] still ruining sl now @1.5207
don't predict direction, but dance with flow of water
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