ktp I'll try to answer your question, Dadas will correct me if I'm wrong, you aren't plotting the PTECZs correctly see attached charts. As Dadas has said in the past you need to know where you stand "globally", what this means is looking for PTECZs ...

Price Action in Day Trading by Dadas

For got about this one exited at H4 PTECZ The USD/CHF trade I entered on 25th April is still running

Price Action in Day Trading by Dadas

Exited this trade at D1 PTECZ

Price Action in Day Trading by Dadas

I've had a bit a time today to do some lower TF trading. Market in the end reached the top station (M5 PTECZ) but after the bearish engulfing candle I was happy to exit and not take the risk of a reversal.

Price Action in Day Trading by Dadas

Looking for an inside candle on H4 AUD/JPY to go short from W1 PTECZ

Price Action in Day Trading by Dadas

Short on USD/CHF H4 Chart Entry I've cleaned up my charts by only marking the most recent PTECZs at swing points for the four TFs I'm looking at.

Price Action in Day Trading by Dadas

Hi Ray, I haven't been trading this recently, not because it does't work, but because i have been looking at other things. Set the indicators up as described in post 68, above, and do some back testing trading this using day charts only takes a few ...

Mechanical Trading - Is it possible?

As it stands now I would agree with you but when I was taking the trades the market was looking bearish

Price Action in Day Trading by Dadas

Entered short on USD/JPY. Market is at a weekly swing high and PTECZ level that was last visited in April 2009

Price Action in Day Trading by Dadas

Had two losing trades on EUR/USD unlucky with my SL just being hit both times. This isn't stop hunting, today and yesterday the market didn't have enough liquidity to keep moving down so it gets pushed up to a point where there are Sell Limit orders ...

Price Action in Day Trading by Dadas

When you think about it by finding PTECZs at swing points they aren't PTECZs they ARE Trend Ending Consolidation Zones and as such, when found on the higher TFs, become significant areas of supply and demand. GBP/USD W1 Chart Thank you Goldenequity ...

Price Action in Day Trading by Dadas

Take a look at GBP/USD, with PTECZ taken from swing points on the higher TFS it works very well when looking for PA on the lower TFs

Price Action in Day Trading by Dadas

Short on AUD/USD analysis from top down

Price Action in Day Trading by Dadas

Hi Sam, Yes you can and also the PTECZs from higher TFs,

Price Action in Day Trading by Dadas

Hi Sam, If I'm wrong I'm sure Dadas will correct me. You need to mark, on your charts, any other PTECZ from the higher TFs because the train is likely to stop at these stations and you don't know until the train gets there what it will do, see ...

Price Action in Day Trading by Dadas

This was an exercise to test the value of using PTECZ at swing points from the top down... GBP/JPY

Price Action in Day Trading by Dadas

Dadas, could you give me the candle index please, too make sure I've got the correct PTECZ.

Price Action in Day Trading by Dadas

Hi Phi1ipp, No I'm not offended, I've got thick skin . Check post 1116 page 75 where I first posted the trade, the weekly chart shows a pull back from the longer term down trend. There was a daily inside candle formed on the 18th April, at short ...

Price Action in Day Trading by Dadas

I'll be watching it along with about nine other pairs.

Price Action in Day Trading by Dadas

Hi Phi1ipp, Check my post 1143 on page 77 for reasons for taking the trade. It would have been ok as an intraday trade using the H4 chart for entry and setting SL and TP but i was aiming for too big a TP.

Price Action in Day Trading by Dadas