Price Action in Day Trading by Dadas | Page 117 | 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

  • #2,321
  • May 27, 2013 5:34am May 27, 2013 5:34am
Quoting Dadas
{quote}Finally, you are getting there!Just a few little adjustments for MN chart:{image}You see, the PTECZ for current Level should be historical, first.Then, the current ones.So, maybe you don't need to use TBCZ if you have historical PTECZ.Sometimes you need to look very far back on lower Tfs.Sometimes, there isn't any history or the Price is at All Time Level,then you must use what is current.
Thanks Dadas,your comments encourage me to learn more.Like I said,I did take the trade and its already on GREEN now!Please I'm still expecting the PIPTRACKER I PM you about.Cheers!
If you dont stand for something,you 'll fall for anything.
  • #2,322
  • May 27, 2013 5:36am May 27, 2013 5:36am
Quoting darko40
{quote}In my opinion MN PTECZ should be so:{image}
Maybe so:
Attached Image (click to enlarge)
Click to Enlarge Name: Darko40.png Size: 97 KB

If I can not see more to the left.
Trade the facts, not opinions.
  • #2,323
  • May 27, 2013 5:39am May 27, 2013 5:39am
Hi Dadas

Thanks for sharing. This is exactly what it wanted to learn!

Cheers
  • #2,324
  • May 27, 2013 5:42am May 27, 2013 5:42am
Quoting finaclefx
{quote} Thanks Dadas,your comments encourage me to learn more.Like I said,I did take the trade and its already on GREEN now!Please I'm still expecting the PIPTRACKER I PM you about.Cheers!
I quess you can't keep up, heh?
I posted it just yesterday Post# 2,293
Trade the facts, not opinions.
  • #2,325
  • Edited 5:57am May 27, 2013 5:46am | Edited 5:57am
Now, a small test.
Why is Market slow, today?


Anybody???
How can you expect any results if you do not know what is going on?
Trade the facts, not opinions.
  • #2,326
  • May 27, 2013 5:58am May 27, 2013 5:58am
Public holiday in the US
  • #2,327
  • May 27, 2013 6:00am May 27, 2013 6:00am
Which is why I didn´t feel so bad waking up late
  • #2,328
  • May 27, 2013 6:03am May 27, 2013 6:03am
Quoting Christianfx
Public holiday in the US
Correct!

Bank Holiday GBP
Bank Holiday USD


If you are not following the news,
but you see the Price behave like this,
it is only logical to check out the news events!

Either it is Holiday, or the Market is waiting for impact Data!


And, you are going to sit there wondering why Price is not going to your Potential Stop!
And, you are going to sit there wondering why you are not getting your Pips!


You know who I am reffering to, I hope!
Trade the facts, not opinions.
  • #2,329
  • May 27, 2013 6:04am May 27, 2013 6:04am
Hello

Bank holiday and is Monday, ussually Monday the market is slow.


Regards
Enter Signature
  • #2,330
  • May 27, 2013 6:10am May 27, 2013 6:10am
Quoting Dadas
Now, a small test.Why is Market slow, today? Anybody???How can you expect any results if you do not know what is going on?
there is no data release for today.

and

UK and US bank holiday.
  • #2,331
  • May 27, 2013 6:54am May 27, 2013 6:54am
Is this how it suppose to look like your system?
Attached Image (click to enlarge)
Click to Enlarge Name: audnzd.png Size: 82 KB
  • #2,332
  • May 27, 2013 7:01am May 27, 2013 7:01am
Quoting Dadas
Now, a small test.Why is Market slow, today? Anybody???How can you expect any results if you do not know what is going on?
Hi Dadas,
Here is why the market is slow today.
Attached Image
  • #2,333
  • May 27, 2013 7:29am May 27, 2013 7:29am
Quoting Trader2000
Is this how it suppose to look like your system? {image}
Everything looks OK.
Use the FX_NVATC_Default.tpl in Post# 1!
Then put the PTECZ_Trader on that template!
Input your prefferences, read the User Manual in Post# 1!
Trade the facts, not opinions.
  • #2,334
  • May 27, 2013 8:01am May 27, 2013 8:01am
Quoting Dadas
Now, a small test.Why is Market slow, today? Anybody???How can you expect any results if you do not know what is going on?
The first thing every trader should do at the beginning of the trading day is checking the FF news calendar! Spending additional 10 min to read a few news sides is also a good idea to get a feel for the market sentiment.
  • #2,335
  • Edited 9:04am May 27, 2013 8:15am | Edited 9:04am
Quoting MCFly
{quote} The first thing every trader should do at the beginning of the trading day is checking the FF news calendar! Spending additional 10 min to read a few news sides is also a good idea to get a feel for the market sentiment.
Especially when there are very good tools here on FF.
You just have to use your own "filter" to filter out the junk!
This one is my favourite!
http://www.forexfactory.com/showthread.php?t=415499


Though, the first version was just what I needed, just the news alert!
http://www.forexfactory.com/showthread.php?t=310910
Trade the facts, not opinions.
  • #2,336
  • May 27, 2013 8:18am May 27, 2013 8:18am
Quoting Dadas
Now, a small test.Why is Market slow, today? Anybody???How can you expect any results if you do not know what is going on?

Its because of the bank holiday in UK and US! Hope I'm close,Dadas!
If you dont stand for something,you 'll fall for anything.
  • #2,337
  • May 27, 2013 8:28am May 27, 2013 8:28am
However, as far as Market Sentiment is concerned,
everyone who has read the whole thread, should know my opinion!

We know which is Market Sentiment, which is Not!
Trade the facts, not opinions.
  • #2,338
  • May 27, 2013 8:30am May 27, 2013 8:30am
Quoting finaclefx
{quote} Its because of the bank holiday in UK and US! Hope I'm close,Dadas!
Correct!

How are your Pips?
Trade the facts, not opinions.
  • #2,339
  • May 27, 2013 9:20am May 27, 2013 9:20am
Hi Dada , I would like to post my chart ... How do you make the trade visualisation on Metatrader 4 ( the arrows that define entry and exit point ? )
Thanks !
  • #2,340
  • May 27, 2013 9:28am May 27, 2013 9:28am
Quoting numoon
Hi Dada , I would like to post my chart ... How do you make the trade visualisation on Metatrader 4 ( the arrows that define entry and exit point ? )Thanks !
You go down, to the MT4 Terminal and click on the Account History Tab.
You Drag the Closed Order to the chart and Drop it on the chart.


TaDaaaaaaaaaa!


But, you know what?
Before you start using MT4 as your basic Trading Tool, you read the Manual, first!


Now, that is really an Enlightening thought, isn't it?
Trade the facts, not opinions.
2 traders viewing now