What about price action and S/R? Also, what about the 20/50 EMA? Or is that only to be used for your EA?

Third Screen Strategy - Dr. Alexander Elder

ok thanks.

Third Screen Strategy - Dr. Alexander Elder

The article refers to the second "phase" of the screening process, in which it talks about using 2-day moving averages if I remember correctly. I am attempting to use this strategy, follow a template by 100pipsaday, in which he has added in a 50 and ...

Third Screen Strategy - Dr. Alexander Elder

That was a great read, but I am confused regarding one thing. It discussed the moving averages used in the second phase or "wave", but I am confused as to what it indicates. Where does price have to be, in relation to the moving average, to confirm ...

Third Screen Strategy - Dr. Alexander Elder

I just read more into it. It seems I was fooled by the beginning "fluff". Very interesting stuff in here.

Third Screen Strategy - Dr. Alexander Elder

Hi guys, Which pages specify specifically how to use this system and enter/exit trades? I was reading the first page, but it seems to just be fluff. thanks.

Third Screen Strategy - Dr. Alexander Elder

Ok enough is enough. Not a single person in this thread is making good pips. Every other thread has many NEWBIES who have all learned to make profits off the system. Even the more experienced guys are losing in this thread. No wonder this thread has ...

Price Action in Day Trading by Dadas

And you are supposed to enter at the TOP OF THE SELL OR AT THE BOTTOM OF THE BUY. According to you, we should all enter in the middle of the trend, and get eaten by the big players. What kind of a system is this? A newbie can tell you that you're ...

Price Action in Day Trading by Dadas

You said earlier when I asked you, that it does not matter which direction the trend is going in.....

Price Action in Day Trading by Dadas

Just got stopped out again. Entered trade on the open of new bar, and got stopped out at 40 pip SL. Let's see what excuse Dadas makes this time... image

Price Action in Day Trading by Dadas

NZDUSD just closed above, then retraced and went below the trendline. Can anyone answer this?

Pip Guru Trendline (PGT) System

What if that subsequent bar closes below/above the trendline and back into the direction of the trend?

Pip Guru Trendline (PGT) System

So how am I supposed to know when to enter this trade? If I enter on a breakout candle, it'll just retrace and hit my SL, so PA doesn't work for this. You can't use PA to predict which way the price will go. Price will do what it wants. So I don't ...

Price Action in Day Trading by Dadas

Can you explain the entry/exits a bit better? I still don't understand what you mean. Price has to close outside of the trendline on 1HR, and then has to do what? Retrace back to the trendline before you open a trade? So if it open above trendline ...

Pip Guru Trendline (PGT) System

Can you direct me to some where I can study breakout candlestick patterns? I think this is where I am going wrong with my entry and exits.

Price Action in Day Trading by Dadas

Everytime I enter a trade my SL gets hit. I feel like I'm wasting my time learning this instead of another PA system.

Price Action in Day Trading by Dadas

I feel I should use another trading system. This one does not work well for me. No clear entry/exit signals, and to many false movements/retraces. There are more simple PA systems that give better results.

Price Action in Day Trading by Dadas

Dadas you have made no trades today because of the bad liquidity?

Price Action in Day Trading by Dadas

I'm sorry. Thank you Dadas. I saw that mistake before you posted it and changed it myself. I am learning well.

Price Action in Day Trading by Dadas

Dadas?

Price Action in Day Trading by Dadas