Price Action in Day Trading by Dadas | Page 197 | Forex Factory

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Price Action in Day Trading by Dadas

  • #3,921
  • Jul 23, 2014 2:42pm Jul 23, 2014 2:42pm
Quoting ioms
Hello Dear Dadas! I have a question for you... Is there an optimal ratio between the Trading TF and PTECZ TF? Or this makes no sense and better use the PTECZ at the same TF where you trade? ie for example, if we trade on the M15, then we look price behavior in relation to PTECZ formed on H4...etc. table PTECZ_TF -> Trading_TF MN -> MN MN -> W1 W1 -> D1 D1 -> H4 D1 -> H1 H4 -> M30 H4 -> M15 H1 -> M5 H1 -> M1 Sincerely, ioms
PTECZ_TF -> Trading_TF

MN -> W1 -> D1 -> H4 -> H1 -> M30 -> M15 -> M5 -> M1

This is the only ratio.
Trade the facts, not opinions.
  • #3,922
  • Jul 23, 2014 5:18pm Jul 23, 2014 5:18pm
Quoting Dadas
Look at this, safrash: {image} This is the true picture of the market. This picture only proves your trading is pure luck.

What you say master? Where pure luck? Trend is down from March 2014, wait retrace after rejection from support level and enter with pattern. All this. Many professional traders addicted to his theory, do not make a mountain out of a molehill.
  • #3,923
  • Jul 23, 2014 5:34pm Jul 23, 2014 5:34pm
Quoting safrash
Where pure luck? Trend is down from March 2014...
Yes, and you have some special insider info that trend is going to continue???
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH1.png Size: 29 KB

So, I am sorry to say, but whatever you think, your Entries were not good market thinking.
The only reasons for your success is the fact that trend continued.
When trend stops and starts consolidating, you will be very surprised at your losses.

I don't wish for you to lose.
I just know how this works.
Trade the facts, not opinions.
  • #3,924
  • Jul 23, 2014 6:00pm Jul 23, 2014 6:00pm
Quoting Dadas
{quote} Yes, and you have some special insider info that trend is going to continue??? {image} So, I am sorry to say, but whatever you think, your Entries were not good market thinking. The only reasons for your success is the fact that trend continued. When trend stops and starts consolidating, you will be very surprised at your losses. I don't wish for you to lose. I just know how this works.
This is my analyze
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_analyze.png Size: 113 KB
  • #3,925
  • Jul 24, 2014 12:49am Jul 24, 2014 12:49am
Quoting safrash
{quote} this is my analyze {image}
Attached Image (click to enlarge)
Click to Enlarge Name: attachment.php.png Size: 109 KB

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

Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDDaily1.png Size: 29 KB
Trade the facts, not opinions.
  • #3,926
  • Jul 24, 2014 9:47am Jul 24, 2014 9:47am
Hello Dadas
Every day Pure luck +58 pips
Attached Image (click to enlarge)
Click to Enlarge Name: gmpusd_h1.png Size: 106 KB
  • #3,927
  • Jul 24, 2014 10:12am Jul 24, 2014 10:12am
Quoting safrash
Hello Dadas Every day Pure luck +58 pips {image}
You know, I read a story of one guy who made over $1M from $1000.
He never lost a trade.
But, then, when things went against him, he kept on adding trades, and he lost it all.

Anyway, keep up the good work!
Trade the facts, not opinions.
  • #3,928
  • Jul 24, 2014 10:59am Jul 24, 2014 10:59am
Quoting Dadas
{quote} You know, I read a story of one guy who made over $1M from $1000. He never lost a trade. But, then, when things went against him, he kept on adding trades, and he lost it all. Anyway, keep up the good work!
Have a nice day, Master and successful trades
  • #3,929
  • Jul 24, 2014 11:02am Jul 24, 2014 11:02am
Attached Image (click to enlarge)
Click to Enlarge Name: [DAX30]M5.png Size: 49 KB
Trade the facts, not opinions.
  • #3,930
  • Edited Jul 26, 2014 5:30am Jul 25, 2014 9:58am | Edited Jul 26, 2014 5:30am
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm15.png Size: 45 KB
  • #3,931
  • Jul 31, 2014 9:21am Jul 31, 2014 9:21am
Attached Image (click to enlarge)
Click to Enlarge Name: [DAX30]M5.png Size: 33 KB
Trade the facts, not opinions.
  • #3,932
  • Jul 31, 2014 3:16pm Jul 31, 2014 3:16pm
Quoting Dadas
{image}
But one buy and two sales have made ​​prior to 15:00 (New York time), and the grid of levels formed only from this time?
Or at the moment of transactions, the central levels were from via different base time?

Is this the technique of level distribution with the base opening time of the European and American markets....?
I think it's can be a good idea, because it can clearly show how far the market has gone and whether it's already time to turn back or not...
What do you think about this Dear Dadas?

ioms
  • #3,933
  • Jul 31, 2014 4:52pm Jul 31, 2014 4:52pm
Quoting ioms
{quote} But one buy and two sales have made ​​prior to 15:00 (New York time), and the grid of levels formed only from this time? Or at the moment of transactions, the central levels were from via different base time? Is this the technique of level distribution with the base opening time of the European and American markets....? I think it's can be a good idea, because it can clearly show how far the market has gone and whether it's already time to turn back or not... What do you think about this Dear Dadas? ioms
It's not what I think, but what I know.
Thanks to great inspiration from Hercs, I have finally been able to put order to my trading.
I have always been wanting and trying to make an indicator from my scripts.
This never worked, because I lacked the one thing, the right context.
Finally, thanks to a little hint by Hercs, I found the right context!
What you see on the screenshot is the effect of the indicator in action.
You are correct, the 3 trades were made upon earlier indications.
Though, there are 3 Shorts, one was lost, the middle one.
Why would I go Long on a trend like this?
I am still developing on this new indicator.
Here is another example of the indicator at work:
Attached Image (click to enlarge)
Click to Enlarge Name: [DJI30]M5.png Size: 38 KB
Trade the facts, not opinions.
  • #3,934
  • Aug 1, 2014 2:34am Aug 1, 2014 2:34am
Attached Image (click to enlarge)
Click to Enlarge Name: [DAX30]M5.png Size: 34 KB
Trade the facts, not opinions.
  • #3,935
  • Aug 1, 2014 3:38am Aug 1, 2014 3:38am
Of course, there is still the need to use the script:
Attached Image (click to enlarge)
Click to Enlarge Name: [DAX30]M5_1.png Size: 41 KB
Trade the facts, not opinions.
  • #3,936
  • Aug 1, 2014 4:55am Aug 1, 2014 4:55am
Quoting Dadas
Of course, there is still the need to use the script: {image}
What is script, Master?
  • #3,937
  • Aug 1, 2014 6:49am Aug 1, 2014 6:49am
Quoting safrash
{quote} What is script, Master?
Script is a program which is installed into the MQL4 -> Scripts folder.
It works only once, when dropped onto the chart, or on a specific place of the chart.
Trade the facts, not opinions.
  • #3,938
  • Aug 1, 2014 6:57am Aug 1, 2014 6:57am
Quoting Dadas
{quote} Script is a program which is installed into the MQL4 -> Scripts folder. It works only once, when dropped onto the chart, or on a specific place of the chart.

Sorry, Master, my question was not correct, you know my English not good, I mean which script do this work
  • #3,939
  • Aug 1, 2014 7:04am Aug 1, 2014 7:04am
Quoting safrash
{quote} Sorry, Master, my question was not correct, you know my English not good, I mean which script do this work
Dadas_Secret_Weapon_Script
Trade the facts, not opinions.
  • #3,940
  • Aug 1, 2014 11:11am Aug 1, 2014 11:11am
Attached Image (click to enlarge)
Click to Enlarge Name: [DJI30]M5.png Size: 40 KB
Trade the facts, not opinions.
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