Price Action in Day Trading by Dadas | Page 141 | 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

  • #2,801
  • Jun 18, 2013 11:04am Jun 18, 2013 11:04am
Quoting Dadas
{quote} When you are going to be stubborn and insist that the scenario must be the way you want it to be, you are likely to get headshots. On EURUSD the Price is above the MN PTECZ. I do not think the Bulls are going to give up just because you want them to. There is a war going on! {image}
pretty big head shot.....
i will short op sell at there too dadas....tp should support below despite at week chart we can see bullish engufling...
M30 or smaller tf show long shadow at upper(rjection at resistance).... mean seller on the move...but after the PA visit PTECZ at support (possibly just make lower high)
from what i think buy at support is the best probabilty within the movement upward...
CMIIW
  • #2,802
  • Jun 18, 2013 12:17pm Jun 18, 2013 12:17pm
hiii dadas...iam not trying to be wise or smarter...
just wanne draw eurousd chart and analysis what happened on P.action case....
after saw... i realize something.... my trading open position, because what i think is market always play with human pscycologically...
big trader always play maybe hunt your SL


Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm30.png Size: 69 KB

Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm1.png Size: 47 KB


thx
  • #2,803
  • Jun 18, 2013 12:33pm Jun 18, 2013 12:33pm
Quoting Red Herring
Is it set up and the visualization ok? or I need to do more! Dadas have blocked the 'edit option' for this thread after making a post, thats why...
I have not blocked anything.

I do not have the power to block "Edit" in the posts.

It is probably your browser issue.
Trade the facts, not opinions.
  • #2,804
  • Jun 18, 2013 12:42pm Jun 18, 2013 12:42pm
spot a something on nzdusd....
6:45pm
NZD

Current Account




-0.64B
-3.26B
(for information only)

Error : exceeds qouta (lol)
before news release, i saw price already making HH and higher low....
break up on H4 PETCZ, PA retest after breaking i just took short buy there.....
thx
  • #2,805
  • Jun 18, 2013 12:52pm Jun 18, 2013 12:52pm
Quoting gembel
hiii dadas...iam not trying to be wise or smarter... just wanne draw eurousd chart and analysis what happened on P.action case.... after saw... i realize something.... my trading open position, because what i think is market always play with human pscycologically... big trader always play maybe hunt your SL {image} {image} thx
Well, OK, but what is the logic to Buy at the Top?
You are asking for SL.
DR is 89 on my chart, which is just right.
Go Long on such DR from London and NY sessions is scuicide.
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-06-18_195042.png Size: 45 KB

It is detective work.
Where is your picture from MN to H4?
This would explain a lot!
Trade the facts, not opinions.
  • #2,806
  • Jun 19, 2013 2:04am Jun 19, 2013 2:04am
Quoting Dadas
{quote} When you are going to be stubborn and insist that the scenario must be the way you want it to be, you are likely to get headshots. On EURUSD the Price is above the MN PTECZ. I do not think the Bulls are going to give up just because you want them to. There is a war going on! {image}

yes i know that important level. but generally s-r levels not break first attempt. i collect that pips. from now on i am more careful to short enteries. not short.
  • #2,807
  • Jun 19, 2013 8:00am Jun 19, 2013 8:00am
hiii..just got back from work...
very excited to watch market...

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm5.png Size: 48 KB

rectangle asia session range.....
just see first low today morning at yellow PTECZ...PA getting push up, making lower high, i see a breakup on blue PTECZ near euro session...
i got something here, must patience to see what gonna happen and trade at small time frame..., agresive op buy will result SL...
then after PA being up again.. just op buy, willl see PA react on US session....
just short buy, tp at the nearest resistance..
happy trading all.....
  • #2,808
  • Jun 19, 2013 8:18am Jun 19, 2013 8:18am
Quoting Red Herring
Is it set up and the visualization ok? or I need to do more! Dadas have blocked the 'edit option' for this thread after making a post, thats why...
Hi :
I meet same problem like you but Now it's ok by Dades help.
You must set the Pass_Code to the "Follow the PTECZ".

Regards.
  • #2,809
  • Jun 19, 2013 9:16am Jun 19, 2013 9:16am
Quoting Dadas
{quote} I have not blocked anything. I do not have the power to block "Edit" in the posts. It is probably your browser issue.
Sorry Dadas the message was sth like that and I can edit my posts all the time except in this case...however, sorry to bother you.
  • #2,810
  • Jun 19, 2013 11:46am Jun 19, 2013 11:46am
Dadas,

Image pasted is from the link below.

http://www.forexfactory.com/showthre...31#post6707731


Attached Image (click to enlarge)
http://www.forexfactory.com/attachment.php?attachmentid=1200754&stc=1&thumb=1&d=1369553962

Our Crimson CSCZ from PTECZ_Trader is showing us where the Price is in history (PTECZs).

Dadas,

A quick question - the horizontal red and green lines - what do they exactly represent? Historical what TF and is it only the shadows?

I have read the PTECZ-Trader manual and had no problems understanding except one place (Master_CSCZ_Tf = 5 means that the CSCZ will be plotted from M5 Candles) - is it that the 5 min PTECZ zone candle only showing the shadows?

Thanks, Sam
  • #2,811
  • Jun 19, 2013 12:08pm Jun 19, 2013 12:08pm
Quoting Dadas
This is my way to do it, the PTECZ way I teach: GBPUSD MN: {image} GBPUSD W1: {image} GBPUSD D1: {image} GBPUSD H4: {image} GBPUSD M30: {image} GBPUSD M5: {image} I see Shorts at Top and 1 Long at Bottom.
Hi Dadas,

I am studying the thread from which I am learning a lot and couldn'd find anywhere else!
I hope you don't mind a question on an old picture of yours.
In many cases I can spot several bars which can be PTECZ and I am not sure which one to select and if there is one preferred to the others.
I show you this W1 chart and the doubts.

Attached Image (click to enlarge)
Click to Enlarge Name: W1.JPG Size: 290 KB


Many thanks for your help
Puma
  • #2,812
  • Jun 19, 2013 12:57pm Jun 19, 2013 12:57pm
Quoting sam777
Dadas, Image pasted is from the link below. http://www.forexfactory.com/showthre...31#post6707731 Attached Image (click to enlarge) http://www.forexfactory.com/attachment.php?attachmentid=1200754&stc=1&thumb=1&d=1369553962 Our Crimson CSCZ from PTECZ_Trader is showing us where the Price is in history (PTECZs). Dadas, A quick question - the horizontal red and green lines - what do they exactly represent? Historical what TF and is it only...
that is your master timeframe's highest and lowest 15M candle shadows.

so you can look past that highest and lowest levels' reactions.

for example your master time frame weekly. you must find highest and lowest 15 minute candle. and draw that horizontal line. thickness is 15m candle cscz.

like in picture.
Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2013.06.19_20h51m27s_001_.jpg Size: 56 KB
  • #2,813
  • Edited 1:21pm Jun 19, 2013 1:11pm | Edited 1:21pm
Quoting gembel
hiii..just got back from work... very excited to watch market... {image} rectangle asia session range..... just see first low today morning at yellow PTECZ...PA getting push up, making lower high, i see a breakup on blue PTECZ near euro session... i got something here, must patience to see what gonna happen and trade at small time frame..., agresive op buy will result SL... then after PA being up again.. just op buy, willl see PA react on US session.... just short buy, tp at the nearest resistance.. happy trading all.....
Your language doesn't make any sence!

How can you Short Buy????????????


Buy = Long, Sell = Short.

How can Price "push up" making "lower High"?????????????


This is total nonsence!
Trade the facts, not opinions.
  • #2,814
  • Jun 19, 2013 1:20pm Jun 19, 2013 1:20pm
Quoting Red Herring
{quote} Sorry Dadas the message was sth like that and I can edit my posts all the time except in this case...however, sorry to bother you.
You should be able to edit and even delete your posts for 24 hours.
Maybe there is something with your browser cache.
Try Chrome, or FireFox.
Strange things used to happen with my posts some time ago.
With this new version of FF things still don't work perfectly on IE8.
I get some issues and the moderators just advise to update the browser,
but for my system IE8 is the latest and can't be any more latest.
There is no other reason, just your system and browser.
Trade the facts, not opinions.
  • #2,815
  • Jun 19, 2013 1:28pm Jun 19, 2013 1:28pm
Quoting sam777
Dadas, Image pasted is from the link below. http://www.forexfactory.com/showthre...31#post6707731 Attached Image (click to enlarge) http://www.forexfactory.com/attachment.php?attachmentid=1200754&stc=1&thumb=1&d=1369553962 Our Crimson CSCZ from PTECZ_Trader is showing us where the Price is in history (PTECZs). Dadas, A quick question - the horizontal red and green lines - what do they exactly represent? Historical what TF and is it only...
If Trading_Master_Tf = 1440 & Master_CSCZ_Tf = 15
you see the CSCZ of M15 Highest High Candle & CSCZ of M15 Lowest Low Candle of the present Day.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm15.png Size: 82 KB
Trade the facts, not opinions.
  • #2,816
  • Jun 19, 2013 1:36pm Jun 19, 2013 1:36pm
Quoting puma
{quote} Hi Dadas, I am studying the thread from which I am learning a lot and couldn'd find anywhere else! I hope you don't mind a question on an old picture of yours. In many cases I can spot several bars which can be PTECZ and I am not sure which one to select and if there is one preferred to the others. I show you this W1 chart and the doubts. {image} Many thanks for your help Puma
Not only these 3 Candles are D1 PTECZs.
There are a lot of D1 PTECZs on that chart.
So, how can you make use of every PTECZ?
Is it possible? I don't know?
You select the one which best fits the current Price Level.

Other than that, I can not explain in one post.
I have already explained that in hundreds of examples.
Just take any example of the whole analysis by me, from MN to H4 or lower.
Do the same on your chart.

Either you will understand, or you will not.
I can only help by SKYPE session with you.
Trade the facts, not opinions.
  • #2,817
  • Jun 19, 2013 1:43pm Jun 19, 2013 1:43pm
Quoting P.Action
{quote} that is your master timeframe's highest and lowest 15M candle shadows. so you can look past that highest and lowest levels' reactions. for example your master time frame weekly. you must find highest and lowest 15 minute candle. and draw that horizontal line. thickness is 15m candle cscz. like in picture. {image}
And, there are many ways you can use that idea by different settings.
The PTECZ_Trader Unlimited Version offers even more interesting variations.
Trade the facts, not opinions.
  • #2,818
  • Jun 19, 2013 1:51pm Jun 19, 2013 1:51pm
Quoting Dadas
{quote} If Trading_Master_Tf = 1440 & Master_CSCZ_Tf = 15 you see the CSCZ of M15 Highest High Candle & CSCZ of M15 Lowest Low Candle of the present Day. {image}
Very Interesting LT CSCZ within the master - akin to tolerance idea in specifications. Thanks for that nugget as it opens up my imagination !!

Thx, Sam
  • #2,819
  • Jun 19, 2013 1:54pm Jun 19, 2013 1:54pm
All my tools, even the simplest ones available from Post# 1,
offer Powerful Price Action and Supply/Demand Analysis possibilities.

You, just have to think how to make use of them!
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpyh4.png Size: 87 KB

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 79 KB

Attached Image (click to enlarge)
Click to Enlarge Name: xauusdh4.png Size: 83 KB

Attached Image (click to enlarge)
Click to Enlarge Name: audusdh4.png Size: 71 KB

What you see on all these charts are just 3 Custom_Zone_Candle Indicators with 3 different settings.
Trade the facts, not opinions.
  • #2,820
  • Jun 19, 2013 2:06pm Jun 19, 2013 2:06pm
Quoting Dadas
{quote} And, there are many ways you can use that idea by different settings. The PTECZ_Trader Unlimited Version offers even more interesting variations.
yes. as i remember. every setting can be possible in that indi.
2 traders viewing now