Price Action in Day Trading by Dadas | Page 102 | Forex Factory

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Price Action in Day Trading by Dadas

  • #2,021
  • May 19, 2013 9:53pm May 19, 2013 9:53pm
Hi Dadas, could u pls send indi to me as well. thanx

Quoting Dadas
Guys! Stop asking me to send you the PTECZ_Trader on the thread! Read the User Manual and follow accordingly. I said I will not post this indicator, only email it to the interested ones!
  • #2,022
  • May 19, 2013 11:17pm May 19, 2013 11:17pm
Quoting Smoko
Hi Dadas, could u pls send indi to me as well. thanx {quote}
pls downloda usermanual in the post #1 ... dont request in the forum.
  • #2,023
  • May 19, 2013 11:37pm May 19, 2013 11:37pm
hi Dadas

thanks again for the indicator work fine then have too put my brain too work out many thanks
sincerely
ellenbrook
  • #2,024
  • May 20, 2013 3:42am May 20, 2013 3:42am
Quoting abliriu
{quote} Thank you for the quick response I can see better now, I see that the price just moved 100 pips and retraced these 100 on your W1 PTECZ, does that mean one should have entered long in the bottom of the PTECZ? Plus, it had breakthrough the D1 PTECZ, but retraced on W1 and again is inside the D1 PTECZ, so it means W1 PTECZ is more important? how could one enter early and seize the retrace oppurtinity in this case, or was it too risky, because it moved really fast. My questions may be stupid and may have been asked before, sorry for that...
Yes, the moves were very fast.
To take a Short one would have had to be ready to enter just at the Market Open Time
having made the analysis, first. Tight SL, know your Risk, Enter.

For going Long back Up, was too risky.
Unless, again one acted upon the long rejection Candle Wick/Shadow,
but the SL had to be much wider, then.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpym5.png Size: 66 KB

However, if someone were acting upon the M1 PTECZ, it could have been possible!
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpym1.png Size: 67 KB
Trade the facts, not opinions.
  • #2,025
  • May 20, 2013 4:18am May 20, 2013 4:18am
Dadas
you make me subscribe to FF
that's all i've been looking for... Price Action ...
Thanks for enlightening me with your methodology, it helps me understanding PA, understanding market (even still confused, and that's why i keep read this thread back and forth again...and again...and again...)
just keep posting ..

terima kasih, thank you

regards
emiratez
  • #2,026
  • May 20, 2013 4:20am May 20, 2013 4:20am
I have noticed a small bug in the PTECZ_Trader with colors.
In 1 case the D1 PTECZ Rectangle will show in MN PTECZ Color.
This issue has been corrected.
Hope it does not bother you a lot in the Trial Version!
Trade the facts, not opinions.
  • #2,027
  • May 20, 2013 4:30am May 20, 2013 4:30am
Quoting Dadas
I have noticed a small bug in the PTECZ_Trader with colors. In 1 case the D1 PTECZ Rectangle will show in MN PTECZ Color. This issue has been corrected. Hope it does not bother you a lot in the Trial Version!
Hi Dadas

i did send you a email in weekend and waiting for reply and PTECZ_Trader Trial

Good Trading Week
  • #2,028
  • May 20, 2013 4:35am May 20, 2013 4:35am
Quoting mactrader9
{quote} Hi Dadas i did send you a email in weekend and waiting for reply and PTECZ_Trader Trial Good Trading Week
And I did send you a copy.

I have sent a copy to everyone whose email I received.
I have not received any error reply, so I assume everyone got their copy.

If not, then it is not my fault.

For this reason, I also said to contact me on SKYPE, because I send you receive, then.
Trade the facts, not opinions.
  • #2,029
  • May 20, 2013 4:42am May 20, 2013 4:42am
Quoting Dadas
{quote} And I did send you a copy. I have sent a copy to everyone whose email I received. I have not received any error reply, so I assume everyone got their copy. If not, then it is not my fault. For this reason, I also said to contact me on SKYPE, because I send you receive, then.
I will do Dadas but i am about to go went long from azia open contact you later on Skype keep up YOUR way of
Trading and thinking

OK greetz
  • #2,030
  • May 20, 2013 5:00am May 20, 2013 5:00am
So, I did receive 2 postmaster reports that the message could not be delivered.
One case has already been solved by SKYPE.
The other is Zamani.
Quote
Your message has been enqueued and undeliverable for 1 day
to the following recipients:

Recipient address: zamani.....
Reason: unable to deliver this message after 1 day

The mail system will continue to try to deliver your message
for an additional 6 days.

All of you whose emails I have received today, must wait until Saturday!
Trade the facts, not opinions.
  • #2,031
  • May 20, 2013 6:29am May 20, 2013 6:29am
@Jurex,
I want to explain this Entry to Jurex, and also for the benefit of everybody:
Attached Image (click to enlarge)
Click to Enlarge Name: gold-m1-admiral-markets-as-2.png Size: 74 KB

Why I Entered Long in this situation:
1. Earlier, on Friday I had defined the Floor W1 PTECZ - Dark Blue.
2. This morning there was the H4 PTECZ and H1 PTECZ plotted by the PTECZ_Trader.
The box rectangles which I kept on the chart by PTECZ_Cleanup = flase.
3. The Price bounced off the Daily CSCZ - the Light Blue Zone at bottom.
Price was in the Bullish Trend inside the H4 PTECZ and Broke Up from it.
4. It was near the end of the H4 Candle and Price was bouncing Up off the bottom of the H1 PTECZ.
And, the H4 Candle was going Bullish, Break Up.
5. I set TP just below earlier H4 PTECZ Candle which I hope you can see on the left.
The one from Friday.

I did not Enter inside the H4 PTECZ, because I was not there to see the situation.

Currently the situation is as follows:
Attached Image (click to enlarge)
Click to Enlarge Name: gold-m1-admiral-markets-as-3.png Size: 75 KB
Trade the facts, not opinions.
  • #2,032
  • May 20, 2013 6:37am May 20, 2013 6:37am
Attached Image (click to enlarge)
Click to Enlarge Name: gold-m1-admiral-markets-as-4.png Size: 72 KB

+109 Pips
Trade the facts, not opinions.
  • #2,033
  • May 20, 2013 7:27am May 20, 2013 7:27am
And, that was yet another of my typical Close-too-early patterns.
But, if I am satisfied with the Pips, I do not like to wait.
However, the Potential is still there!
Attached Image (click to enlarge)
Click to Enlarge Name: goldm1.png Size: 73 KB

W1 PTECZ - Blue.
Trade the facts, not opinions.
  • #2,034
  • May 20, 2013 9:57am May 20, 2013 9:57am
Hy Dadas ...Thank you very much for the Ptecz trader....I have read the beggining of the user manual added the password but it seems to me it doesnțt shows.i am doing something wrong?

please forgive me if ițm annoying.It only shows label...?!â

I defined too the zones to follow..I gave H1,M30,H4 ,Daily ,Weekly, to be true.
  • #2,035
  • May 20, 2013 10:00am May 20, 2013 10:00am
Consistency:
Attached Image (click to enlarge)
Click to Enlarge Name: goldm1.png Size: 72 KB

Now, what happened, here:
First I Entered Long, but a little too high.
Thus, it took my SL. See how it works? The direction was good, the SL was too tight.
I Entered Long again, lower, this time widening my SL and TP (1:2 R/R).
Lost -30 Pips, Gained +78 Pips
+157 Pips
Trade the facts, not opinions.
  • #2,036
  • May 20, 2013 10:03am May 20, 2013 10:03am
Quoting feduana
Hy Dadas ...Thank you very much for the Ptecz trader....I have read the beggining of the user manual added the password but it seems to me it doesnțt shows.i am doing something wrong? please forgive me if ițm annoying.It only shows label...?!â I defined too the zones to follow..I gave H1,M30,H4 ,Daily ,Weekly, to be true.
It is a bit difficult to help when I do not see what you are doing!
Normally, you do just that, what you have written.
Put the PTECZ_Trader on your chart.
Input the password.
Read the whole User Manual first, and understand it.
Input the settings - work.

Otherwise you make me be rude to you!

How do you want to be successful at Trading if you do not even read and learn the whole User Manual?

I have said a thousand times!

Just read what is underneath each of my posts!
Trade the facts, not opinions.
  • #2,037
  • May 20, 2013 10:21am May 20, 2013 10:21am
Finally it shows.Thanks very much for support!
  • #2,038
  • May 20, 2013 11:17am May 20, 2013 11:17am
The PTECZs are always right!
I am not patient enough, or just not there!
I went to do smth else.
Attached Image (click to enlarge)
Click to Enlarge Name: goldm1.png Size: 73 KB

But, you have got to do other things, too.

Just to show the Potentials.
Trade the facts, not opinions.
  • #2,039
  • May 20, 2013 12:05pm May 20, 2013 12:05pm
And, this is the moment to recheck on the analysis.
Switch to H4 and things become clear:
Attached Image (click to enlarge)
Click to Enlarge Name: goldh4.png Size: 63 KB

We can clearly see why the Price Stopped at this Level.
The Master_CSCZ Crimson Zone shows the Level clearly in history.
And, the Blue Upper W1 PTECZ also shows the ceiling for now.
The Blue PTECZs have been plotted manually.
Trade the facts, not opinions.
  • #2,040
  • May 20, 2013 1:26pm May 20, 2013 1:26pm
Good news!

There have been so many requests for the PTECZ_Trader,
that I just couldn't keep you waiting until the weekend.

I mailed them out today, just now.
Trade the facts, not opinions.
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