Price Action in Day Trading by Dadas | Page 186 | Forex Factory

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Price Action in Day Trading by Dadas

  • #3,701
  • Jun 2, 2014 6:22am Jun 2, 2014 6:22am
Quoting Dadas
{quote} Yes, this is my latest style. Let them think they are fooling you by a falsie. You be patient and take the advantage. But, ultimately the market will show you if you did everything right.
Ok, I will turn off option
  • #3,702
  • Jun 2, 2014 6:29am Jun 2, 2014 6:29am
So it is possible Enter Short early
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  • #3,703
  • Jun 2, 2014 6:46am Jun 2, 2014 6:46am
Quoting safrash
So it is possible Enter Short early {image}
And why shouldn't it be?
It's only about your style of trading.
Trade the facts, not opinions.
  • #3,704
  • Jun 2, 2014 7:04am Jun 2, 2014 7:04am
Quoting Dadas
{quote} And why shouldn't it be? It's only about your style of trading.
Ok, what we must do in this situation, entering after closing will be very later
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  • #3,705
  • Jun 2, 2014 7:11am Jun 2, 2014 7:11am
Quoting safrash
{quote} Ok, what we must do in this situation, entering after closing will be very later {image}
You have answered your own question.
Why can't you do exactly what your answer suggests?
Don't trade this one, find another one.
Trade the facts, not opinions.
  • #3,706
  • Jun 2, 2014 9:15am Jun 2, 2014 9:15am
Hi Dadas
What is SellStop_Line on the Script?
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  • #3,707
  • Jun 2, 2014 9:30am Jun 2, 2014 9:30am
Quoting safrash
Hi Dadas What is SellStop_Line on the Script? {image}
Safrash, FO!
I have hundreds of scripts that I don't use any more.
The script you are using I don't even remember, now.
Figure it out for yourself.

I create my scripts, then I forget them, because I don't need them.
If I need some script, I write it in a couple of minutes.

If you don't know what kind of orders you have available in MT4,
and you don't know how to use them, I will teach you for $500 - interested?
Trade the facts, not opinions.
  • #3,708
  • Jun 2, 2014 10:01am Jun 2, 2014 10:01am
Quoting Dadas
{quote} Safrash, FO! I have hundreds of scripts that I don't use any more. The script you are using I don't even remember, now. Figure it out for yourself. I create my scripts, then I forget them, because I don't need them. If I need some script, I write it in a couple of minutes. If you don't know what kind of orders you have available in MT4, and you don't know how to use them, I will teach you for $500 - interested?

111_Draw_HILLOBAR_Zone
I did not asked about orders on MT4, only script
  • #3,709
  • Jun 2, 2014 10:07am Jun 2, 2014 10:07am
Quoting safrash
{quote} 111_Draw_HILLOBAR_Zone I did not asked about orders on MT4, only script
SellStop is a type of order.
BuyStop is a type of order.
Trade the facts, not opinions.
  • #3,710
  • Jun 2, 2014 10:29am Jun 2, 2014 10:29am
Quoting Dadas
{quote} SellStop is a type of order. BuyStop is a type of order.

This lines means doing Pending Orders Buy or Sell, ok thanks
  • #3,711
  • Jun 2, 2014 3:16pm Jun 2, 2014 3:16pm
Quoting Dadas
@markup I understand, now your safer-side, more moderate approach. Just use the H4 PTECZ, then. {image}
Hello Dadas
How can we understand and not enter short in bearish candle 12 may 7;00 and wait reverse then enter short?
  • #3,712
  • Jun 2, 2014 3:54pm Jun 2, 2014 3:54pm
Quoting Dadas
@parsfx What is smarter to take? Long at retrace or Short at Trend? {image} In other words: Price may be inside H4 Consolidation, so you get lucky both ways. But, if Price has stronger Bearish tendency, you are safer at Short on top.

Short at Trend
  • #3,713
  • Jun 2, 2014 4:31pm Jun 2, 2014 4:31pm
Quoting Dadas
{quote} I keep repeating this over and over. I can't do anything about it. I can't edit that post any more. I can help you by SKYPE.
Fair enough mate. As I was reading from Post #1 as you suggested yourself, I'm not quite sure how I was to know that you had already repeated yourself over and over.

I appreciate the offer to Skype. Thank you.

Is there no way for you to post this info contained in POST #5 on your own website with images?
Healthy, Wealthy & Steady!!
  • #3,714
  • Jun 2, 2014 10:27pm Jun 2, 2014 10:27pm
Quoting SunnyFx2002
{quote} Fair enough mate. As I was reading from Post #1 as you suggested yourself, I'm not quite sure how I was to know that you had already repeated yourself over and over. I appreciate the offer to Skype. Thank you. Is there no way for you to post this info contained in POST #5 on your own website with images?
Don't take it hard!
You must understand what I feel being repeatedly aksed the same question.
Man, look at the dates!
You want me to go back a year or more and find the same situation on the charts?

I suggest an excercise for you that will bring you much more worth.
You do it! Find the picture on the chart by reading with understanding,
even if it takes you line-by-line carefull analysis.

Believe me, you will get tons more from one excercise like that, than from 1000 pictures.

See the solution in your problem.
You see a problem and you get discouraged.
The solution is always hidden in the problem!
Be greatfull for your problems, c/z they wouldn't exist if there weren't a solution already.
Trade the facts, not opinions.
  • #3,715
  • Jun 2, 2014 10:49pm Jun 2, 2014 10:49pm
Quoting safrash
{quote} Hello Dadas How can we understand and not enter short in bearish candle 12 may 7;00 and wait reverse then enter short?
How can I answer your question?
Maybe a picture would help?

Anyway, generally there are 2 good ways to trade:
1. Enter after important BO from some important BO Level and count on trend continuation;
2. Enter as soon as you see any Swing signals, Short at Top, Long at Bottom.

Of course, there are other methods in between.

I prefer and I am working on Entering as soon as possible, c/z my Risk is then the smallest.
My Risk/Reward must be from 1:5 to 1:10.
My StopLoss must be near minimum broker allows.

This type of trading requires very good chart reading abilities.
It is, usually, almost impossible for a newbi, c/z they get frustrated very easily.
Plus, they don't have the required skills which you can only get with experience.

You are still at the point of "I don't know, I'm not sure".
There is nothing to know, and you can never be sure!
All you must do is Trade!
Trade the facts, not opinions.
  • #3,716
  • Jun 2, 2014 11:24pm Jun 2, 2014 11:24pm
Quoting Dadas
{quote} Don't take it hard! You must understand what I feel being repeatedly aksed the same question. Man, look at the dates! You want me to go back a year or more and find the same situation on the charts? I suggest an excercise for you that will bring you much more worth. You do it! Find the picture on the chart by reading with understanding, even if it takes you line-by-line carefull analysis. Believe me, you will get tons more from one excercise like that, than from 1000 pictures. See the solution in your problem. You see a problem and you get...
Sunny, I'll give you a hint.
It was in February 2013.
The chart setup, that is.
Trade the facts, not opinions.
  • #3,717
  • Edited 12:36am Jun 3, 2014 12:17am | Edited 12:36am
Quoting Dadas
{quote} Sunny, I'll give you a hint. It was in February 2013. The chart setup, that is.
Excellent. I will take up the challenge.

Edit: Yep, got it. That hint really helped, maybe this is the way forex really should be taught

Cheers.
Healthy, Wealthy & Steady!!
  • #3,718
  • Jun 3, 2014 1:44am Jun 3, 2014 1:44am
Here are a few notes I made.

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Healthy, Wealthy & Steady!!
  • #3,719
  • Jun 3, 2014 1:50am Jun 3, 2014 1:50am
Hello Dadas
What can you say about Economic Calendar, I watched not good enter befour news?
  • #3,720
  • Jun 3, 2014 2:17am Jun 3, 2014 2:17am
Quoting SunnyFx2002
{quote} Excellent. I will take up the challenge.
Edit: Yep, got it. That hint really helped, maybe this is the way forex really should be taught Cheers.
The best, and perhaps the only way to really learn is through experience and experiment.
How many times did you actually listen to your parents' do's and don't's until you have experienced?
The role of a wise parent (teacher) is to guide, not instruct.
They should allow you to experience the effect of touching the candle flame safely, but adequtely
for you to draw your own conclusions how damaging or safe that experience can be.

That which you have really understood by yourself, becomes your own.
Thus, you will never forget it!
Trade the facts, not opinions.
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