Is this correct now Dadas? image

Price Action in Day Trading by Dadas

After studying this chart: image I think I understand.

Price Action in Day Trading by Dadas

Dadas, Is this correct PTECZ? image

Price Action in Day Trading by Dadas

Dadas, Would these be correct PTECZ? image

Price Action in Day Trading by Dadas

Interesting. So from PTECZ, we then switch to a lower time frame, and look for entries in the form of bearish/bullish PA candlestick formations? And then enter the trade?

Price Action in Day Trading by Dadas

So do you suggest we just use the custom zones indicator? The "All-in-one" indicator is way too cluttered.

Price Action in Day Trading by Dadas

And not to mention, my indicator doesn't look like what Dadas is posting. My PTECZ are hollow lines, with NO labels. There is no indication of which PTECZ is which TF.

Price Action in Day Trading by Dadas

I agree. It seems like everyone is doing something different, or throwing in their own spins. Its confusing and I can't even tell who is doing it right and who isn't. I think someone needs to explain CLEARLY, what you're supposed to do, in what ...

Price Action in Day Trading by Dadas

Dadas, What SL and TP do you recommend for each TF (Daytrading, scalping, ect)? Also, should we ALWAYS trade with the longer term trend, no matter what? Or is it ok to trade countertrends too? I know you said "Swim with the sharks", so I'm guessing ...

Price Action in Day Trading by Dadas

Dadas, What SL and TP do you recommend for each TF (daytrading, scalping, ect)?

Do you actually avoid news hours?

I have read the thread, and I enter trades when it hits the red resistance, but price just keeps going and hits my SL. I thought price was suppose to go down from there. As you said, sell high, buy low.

Price Action in Day Trading by Dadas

OK, I think I have been using this indicator incorrectly. I do not understand where I'm supposed to enter and exit trades, except for the colored areas on top and bottom (Which represent S/R?). Dadas, can you please explain how this works?

Price Action in Day Trading by Dadas

Thank you very much Dadas. Just made another winning trade too.

Price Action in Day Trading by Dadas

I never knew this. Thank you. image image

Price Action in Day Trading by Dadas

My past trades have all been cleaned up, but any I make from now on, I will post. Thank you again my friend.

Price Action in Day Trading by Dadas

Dadas, I asked for an email a couple of days ago, and received your indicator. I have been using it to scalp on the M5 charts, and I've only done a few trades, but I am extremely impressed. I look forward to working with you in the future my friend.

Price Action in Day Trading by Dadas

Can someone help me with the EA? Which files do I save in the EA section, and which ones are indicators?

D1 - 20 EMA & 50 EMA

As I said, everyone has changed the system and added indicators to suit themselves. This thread is no longer reliable for newbies.

Trading Made Simple

You may have been deviating from the rules of the system or morphing to suit yourself better. Or simply, just plain luck. Either way, following the rules of a system, the same people should at least profit nearly as much as each other. This system ...

Trading Made Simple

I've honestly lost count, but it is a decent amount. I have taken advantage of any good entry I have come across, going WITH the trend. It just doesn't work. Maybe on a 1H chart people will have more success. Or not. Who knows.

Trading Made Simple