Price Action in Day Trading by Dadas | Page 113 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Price Will Tell - Supply/Demand Price Action Trading 1,858 replies

The Price is Right: Trading Price Action 219 replies

Price action at the core / tma intra day 5,016 replies

2 day price action 8 replies

Attachments: Price Action in Day Trading by Dadas
Exit Attachments

Price Action in Day Trading by Dadas

  • #2,241
  • Edited 6:31am May 26, 2013 6:15am | Edited 6:31am
Quoting Tok
http://www.forexfactory.com/attachme...1&d=1369556230 If you show this chart to any experienced trader, and tell them that the zones marked are when price may consolidate, they will laugh. Price does not consolidate for 90% of the chart as you have marked and been teaching in this thread...
PTECZ are not Zones where Price may Consolidate.
PTECZ are Zones where Price has Consolidated.


Yes, Price does Consolidate!
The whole Market is one big Consolidation!


If you do not need or do not understand my method,
I am not holding you, here.

You are free to take any other method you wish.


And, really, I do not care who laughs!
Laughing is good for your health!
Trade the facts, not opinions.
  • #2,242
  • May 26, 2013 6:18am May 26, 2013 6:18am
Quoting Tok
Not to mention, that if price was going to consolidate as much as your chart marking shows, then how is anyone going to make good pips? It wouldn't be possible, since price would be inside pTECZ 90% of the time..
We, here are making very good Pips using this idea!
Just take a look at my PipTracker on the left!
Attached Image (click to enlarge)
Click to Enlarge Name: xauusd-h1-fxsalt-ltd.png Size: 77 KB
Trade the facts, not opinions.
  • #2,243
  • May 26, 2013 6:27am May 26, 2013 6:27am
Quoting Tok
Not to mention, that if price was going to consolidate as much as your chart marking shows, then how is anyone going to make good pips? It wouldn't be possible, since price would be inside pTECZ 90% of the time..
Please reffer to Post# 3 where I show examples of Consolidations.

They may be anything from a few ticks, to thousands of Pips.
You can Trade inside PTECZs and outside PTECZs.

What you post is only evidence, that you have not read the whole thread,
and you have not understood what Consolidation is.


And, BTW, there are very experienced Traders on this thread,
who are using my method and understand what I am talking about!


And, yes, they are laughing, because they are making Big Green Pips!
Trade the facts, not opinions.
  • #2,244
  • May 26, 2013 6:43am May 26, 2013 6:43am
@Tok,

Dear Tok,

There are two possibilities:
1. You need my help and want to learn to make Profit over Loss at Forex Trading,
2. Your mission is to prove that what I am teaching is wrong, because you can not understand it.


If case 1 is true, then I will do my best to help you.


If case 2 is true, then, obviously your IQ is still not sufficient to understand how the Market Works!


If neither of the above cases is true, than , maybe you need psychological assitance!


Reassuming, either stay and learn my method the way I teach it,
or look for luck elsewhere!
Trade the facts, not opinions.
  • #2,245
  • May 26, 2013 6:45am May 26, 2013 6:45am
Quoting Dadas
@Tok, Dear Tok, There are two possibilities:1. You need my help and want to learn to make Profit over Loss at Forex Trading,2. Your mission is to prove that what I am teaching is wrong, because you can not understand it. If case 1 is true, then I will do my best to help you. If case 2 is true, them, obviusly your IQ is still not sufficient to understand how the Market Works! If neither of the above cases is true, than , maybe you need psychological assitance! Reassuing, either stay and learn my method the way I teach it,or look for luck elsewhere!...

I have been following EXACTLY what you have been teaching in your first posts.

Yet, you say its wrong?


Attached Image (click to enlarge)
Click to Enlarge Name: PTECZ6.png Size: 28 KB


These are ALL Equal body candles, or candle shadow consolidation zones.






If I am wrong, pull up your own chart, and mark your own zones to show me what i am doing wrong. If you can't even do that, I'll gladly switch to another system, where there are more than 2 people getting results.
  • #2,246
  • May 26, 2013 6:52am May 26, 2013 6:52am
Quoting Tok
{quote} I have been following EXACTLY what you have been teaching in your first posts. Yet, you say its wrong? {image} These are ALL Equal body candles, or candle shadow consolidation zones. If I am wrong, pull up your own chart, and mark your own zones to show me what i am doing wrong. If you can't even do that, I'll gladly switch to another system, where there are more than 2 people getting results.
PTECZ is PTECZ!

You asked me to check if your PTECZ are correct.

Yet, you show me a variety of different Consolidation Zones and call them PTECZ.

Then, they are not correct!
If you had asked me to check wheather your Consolidation Zones are plotted correctly,
I would say they were!

You asked if your PTECZs were plotted correctly - they were not.
Some were PTECZs, other were not PTECZs!
Trade the facts, not opinions.
  • #2,247
  • May 26, 2013 6:57am May 26, 2013 6:57am
Quoting Dadas
{quote}PTECZ is PTECZ! You asked me to check if your PTECZ are correct. Yet, you show me a variety of different Consolidation Zones and call them PTECZ. Then, they are not correct!If you had asked me to check wheather your Consolidation Zones are plotted correctly,I would say they were! You asked if your PTECZs were plotted correctly - they were not.Some were PTECZs, other were not PTECZs!
I see...

I must be confusing the two then.

Can you explain the difference for me?
  • #2,248
  • May 26, 2013 6:57am May 26, 2013 6:57am
Quoting Tok
If I am wrong, pull up your own chart, and mark your own zones to show me what i am doing wrong. If you can't even do that, I'll gladly switch to another system, where there are more than 2 people getting results.
This, my Man is pure ingnorance and impudence!!!

I have posted, in this thread, many hundreds of my own charts, plotted by my own self!

There are over 1492 attachments in this thread, mostly charts with PTECZs, TBCZs, CSCZ.
Trade the facts, not opinions.
  • #2,249
  • May 26, 2013 7:00am May 26, 2013 7:00am
For instance, what is the difference between the consolidation zones and the PTECZ i have plotted here?

http://www.forexfactory.com/attachme...3&d=1369556737
  • #2,250
  • May 26, 2013 7:09am May 26, 2013 7:09am
Quoting Tok
For instance, what is the difference between the consolidation zones and the PTECZ i have plotted here? http://www.forexfactory.com/attachme...3&d=1369556737
1. The Break Out Candle is not a PTECZ.
2. Those which are correct, are correct.
3. Sometimes I show you the better choice.

We use PTECZ - which has been defined and shown many times.
We use TBCZ - which has been defined and shown many times.
We use CSCZ - which has been defined and shown many times.
Based on the Zone concept, we use the Zone Candle.

If you want to do excercise, show me:
1. A chart where you plot important CSCZ only, which were meaningful for the Trend shift.
2. A chart where you plot important TBCZ only, which were meaningful for the Trend shift.
3. A chart where you plot important PTECZ only, which were meaningful for the Trend shift.
4. A chart where you plot important historical PTECZ only, which were meaningful for later S/R levels.
Trade the facts, not opinions.
  • #2,251
  • May 26, 2013 7:20am May 26, 2013 7:20am
Quoting Dadas
{quote}1. The Break Out Candle is not a PTECZ.2. Those which are correct, are correct.3. Sometimes I show you the better choice. We use PTECZ - which has been defined and shown many times.We use TBCZ - which has been defined and shown many times.We use CSCZ - which has been defined and shown many times.Based on the Zone concept, we use the Zone Candle. If you want to do excercise, show me:1. A chart where you plot important CSCZ only, which were meaningful for the Trend shift.2. A chart where you plot important TBCZ only, which were meaningful for...
These are CSCZ?

Attached Image (click to enlarge)
Click to Enlarge Name: CSCZ.png Size: 28 KB



And I have never heard of a TBCZ? What is this?
  • #2,252
  • May 26, 2013 7:32am May 26, 2013 7:32am
I have grate respect for Mr Dariusz Surdel aka. bcz he not only share his grate work but also keep us update. every time. as for his trading concept I totally agree with this one. No one knows what is coming next. but some sing and movement of price give us clue about potential move of price, but in which direction we simply don't know. the method of PTECZ give us a point potential trade area. the correct use of PTECZ is all about what we need. as I am trading for some time I come to know that simple candlestick charts and different pattern are enough for trading.
I did find some interesting facts about trading as some one says that market behave like human because it is operate by human. so I did study about patterns. and I found that old pattern repeat themselves. I use old patterns and if a new formation is match 70-80 of old one I go for it.
one of my old trading account base on this method is attached,
I have some gold position short above 1391 area.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: goldmicrom15.png Size: 33 KB
Click to Enlarge Name: n03.GIF Size: 52 KB
don't predict direction, but dance with flow of water
  • #2,253
  • May 26, 2013 7:34am May 26, 2013 7:34am
Quoting Tok
{quote} ..... And I have never heard of a TBCZ? What is this?
p9 Post # 135

1. The Trend Begining Consolidation Zone (TBCZ):
 It is the Candle of opposite direction, preceeding the BreakOut Candle .
It signifies, shows a Consolidation Zone from some lower Tf.
It is not labelled "Potential", because it is a fact, when the BreakOut Candle Closes.
  • #2,254
  • May 26, 2013 7:35am May 26, 2013 7:35am
Quoting Tok
And I have never heard of a TBCZ? What is this?
Attached Image
Trade the facts, not opinions.
  • #2,255
  • May 26, 2013 7:35am May 26, 2013 7:35am
These are PTECZ?

Attached Image (click to enlarge)
Click to Enlarge Name: PTECZ ex.png Size: 29 KB


And on the latest candle close, could price be going back into a downtrend perhaps at market open??
  • #2,256
  • May 26, 2013 7:39am May 26, 2013 7:39am
Quoting Tok
These are CSCZ? {image}
Yes and no.
Choose one Shadow, not a series of Shadows.
There is just one Shadow which is the important one.
Trade the facts, not opinions.
  • #2,257
  • May 26, 2013 7:46am May 26, 2013 7:46am
Quoting Dadas
{quote}Yes and no.Choose one Shadow, not a series of Shadows.There is just one Shadow which is the important one.
Ok thank you!

I am beginning to understand now.

WIth your help, I am confident we will get there?
  • #2,258
  • May 26, 2013 7:48am May 26, 2013 7:48am
Quoting Tok
These are PTECZ? {image} And on the latest candle close, could price be going back into a downtrend perhaps at market open??
Attached Image (click to enlarge)
Click to Enlarge Name: Tok2.png Size: 137 KB


Do you have the Candles from Saturday and Sunday?
We don't make predictions!
We watch/read PA.
Trade the facts, not opinions.
  • #2,259
  • May 26, 2013 7:52am May 26, 2013 7:52am
some testing of skill with PTECZ at one time it was 2000% but soon come to that point where it was start but 250% i not bad too. yes it is demo account.
Attached Image (click to enlarge)
Click to Enlarge Name: no4.GIF Size: 55 KB
don't predict direction, but dance with flow of water
  • #2,260
  • May 26, 2013 7:58am May 26, 2013 7:58am
Quoting Tok
WIth your help, I am confident we will get there?
Yes, you will get there when I don't have to think for you!

Be precise at what you are asking!

Don't ask me to "invade" your mind and know what you mean!
Trade the facts, not opinions.
1 trader viewing now