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- 22 Results (21 Replies , 1 Comment )
- workaholic replied Jun 20, 2017
Looks like there was a gap down on that candle, and I'm assuming the spread was quite larger than 0.0004 at the start of the new day. I know this happens quite frequently with Oanda where the spreads jump to 50-100 points at the 5:00PM (ET) hour due ...
- workaholic commented Mar 23, 2017
My understanding: once the Healthcare stuff is done, tax reform is up next, which is what the whole stock market run-up and USD valuation increase since the election has been all about. Plus, if Trump can get congress to pass Healthcare, it bodes ...
- workaholic replied Mar 20, 2017
Nice reaction to this swing level so far. I'm not in it, but wondering if anyone else caught the train?
- workaholic replied Mar 8, 2017
I expected a much stronger down move in EU after the news this morning, and I think the volatility has subsided enough to consider the 1.0523 level as back on the table. But use your best judgment when taking that trade (if we get there), as today's ...
- workaholic replied Mar 8, 2017
The next week or so should give clear direction for EU, and I'm thinking Dale's long term picture from Feb 9 might come to fruition. Thanks for the insight Dale!
- workaholic replied Mar 8, 2017
Today is ADP's version of NFP, which usually correlates relatively strongly with the Bureau of Labor Statistics numbers. I'm looking for > 199K today for increased probability of rate hike next week. Just a hunch though, take with large grains of ...
- workaholic replied Mar 6, 2017
Looks to me that it was tested earlier with strong reaction.
- workaholic replied Feb 9, 2017
I agree with the spirit of your post, but think it might have been taken just a bit too far. Probably because of Hajdi's use of the word "demand" when you were simply adding additional suggestions to another poster's earlier request. Truth is, ...
- workaholic replied Feb 9, 2017
Perfect example of why we should ALWAYS use SL. No naked trades. I might be asking for a scolding here, but I used Dale's first UJ Short level (112.33) as a support after it was solidly breached (before the trump jump) and based on 4h chart and rode ...
- workaholic replied Feb 7, 2017
I canceled my limit order, but will monitor the situation and possibly take a manual entry if it gets close again and the price action agrees with me. The only reason I'm making this exception is because of the latest "Frexit" news circulating ...
- workaholic replied Jan 25, 2017
I believe Dale has indicated that swing trades are OK during major news, except for Central Bank news. I'm in this one @ 0.85243. Good luck!
- workaholic replied Jan 25, 2017
You got it... I might increase my SL and lower my lot size over the next few months if he keeps this up.
- workaholic replied Jan 24, 2017
I would consider that one tested about 10 minutes ago. Tempting to short USD though, with trumps rhetoric lately. I'm staying out of it though.
- workaholic replied Jan 24, 2017
Hi yoko. I've been trading and watching forex charts for a long time (10+ years), so there is a lot of manual decision making in my trade setups. I do not blindly trade all levels Dale publishes, but I do consider them all as they approach their ...
- workaholic replied Jan 24, 2017
Got into UC long @ 1.3178, SL and PT both 20. Just barely missed getting stopped out there! Phew!! Edit: and SL...
- workaholic replied Jan 24, 2017
I, too, am grateful for Dale sharing his ideas/thoughts/process... As well as ziggy, akif, and all other constructive members sharing in this thread. Using approximately 50/50 mix of limit orders and manual entry based on Dale's levels, for the ...
- workaholic replied Jan 19, 2017
I took it for +17. Nice call Dale! Thank you
- workaholic replied Jan 11, 2017
Thanks Ziggy! I was referring to the 7343 buy target, but I get what you're saying. I've been dabbling for 10+ years with 1000s of hours of chart time, but have never found a set of indicators / trading rules which work for me over the long run. I ...
- workaholic replied Jan 11, 2017
I'm guessing he was referring to AU touching 7352 this morning before news and trump. It didn't get within 3 pips, but there may be other reasons why he considered it already tested.
- workaholic replied Jul 24, 2013
I'm relatively new to this system and still learning the ropes. I will probably try EJ in the near future, but right now just focusing on forcing myself to follow the rules. Still need to read up more on price action as well... I use MBTrading and ...