Trader Dale - daily trading levels
- #566
- Oct 18, 2016 6:12am Oct 18, 2016 6:12am
- | Membership Revoked | Joined Sep 2016 | 1,511 Posts
usd/jpy long 103.82 intraday.
- #575
- Oct 18, 2016 8:37am Oct 18, 2016 8:37am
- | Membership Revoked | Joined Sep 2016 | 1,511 Posts
NEW intraday level: eur/usd short 1.1000. High institutional orders were filled there during macro news. Combined with strong selling reaction activity that makes a good place for short.
- #576
- Oct 18, 2016 10:14am Oct 18, 2016 10:14am
- | Membership Revoked | Joined Sep 2016 | 1,511 Posts
usd/cad level:
if you don't have a profit there (my quotation shows +9,9 pips move from the level), you should have secured the position by moving SL to 1. high of the reaction (1.3130) or 2. at break even (1.3127).
No way a trade is a loss when the market already moved 9.9 pips in your direction.
Another good reason to sit, watch and use market orders instead of limit orders
if you don't have a profit there (my quotation shows +9,9 pips move from the level), you should have secured the position by moving SL to 1. high of the reaction (1.3130) or 2. at break even (1.3127).
No way a trade is a loss when the market already moved 9.9 pips in your direction.
Another good reason to sit, watch and use market orders instead of limit orders
- #577
- Oct 18, 2016 11:02am Oct 18, 2016 11:02am
usd/cad level: if you don't have a profit there (my quotation shows +9,9 pips move from the level), you should have secured the position by moving SL to 1. high of the reaction (1.3130) or 2. at break even (1.3127). No way a trade is a loss when the market already moved 9.9 pips in your direction. Another good reason to sit, watch and use market orders instead of limit orders
There is only one way to learn. It’s through action.
usd/cad level: if you don't have a profit there (my quotation shows +9,9 pips move from the level), you should have secured the position by moving SL to 1. high of the reaction (1.3130) or 2. at break even (1.3127). No way a trade is a loss when the market already moved 9.9 pips in your direction. Another good reason to sit, watch and use market orders instead of limit orders