eur/usd +10 pips profit. Plenty of time to take the trade right?{image}
Trader Dale - daily trading levels
- #683
- Oct 21, 2016 7:13am Oct 21, 2016 7:13am
- | Membership Revoked | Joined Sep 2016 | 1,511 Posts
NEW LEVEL: usd/jpy short 104.08
- #686
- Oct 21, 2016 7:39am Oct 21, 2016 7:39am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
Oups, crazy CAD went just through it, hasn't came back for our profits, ...never mind, most of the trades are successful 
Member
- #689
- Oct 21, 2016 7:47am Oct 21, 2016 7:47am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
Bad, bad economic news from Canada.
The spike went through too violent.
Dale's strategy haven't got any chance in situations like that.
Never mind, we're warned for the next time ...and we'll take a careful look on the calendar, guys (as we did other times)
The spike went through too violent.
Dale's strategy haven't got any chance in situations like that.
Never mind, we're warned for the next time ...and we'll take a careful look on the calendar, guys (as we did other times)
Member
Bad, bad economic news from Canada. The spike went through too violent. Dale's strategy haven't got any chance in situations like that. Never mind, we're warned for the next time ...and we'll take a careful look on the calendar, guys (as we did other times)
- #692
- Oct 21, 2016 8:05am Oct 21, 2016 8:05am
- Joined Dec 2015 | Status: Trader | 14,257 Posts
{quote} Yup, I was thinking not to trade this because of very bad news, but when it paused at 1.3295 for a while I thought of giving it a shot, and my stop got hit instantly, lol
Dummit! I use to watch the calendar very close but this time I failed, ..my eyes were closed, ..was distracted
If I would been aware of Canadian ec. data I wouldn't trade CAD at all for sure!
...yeah, I'll nail it next time
Member
iam sorry guys, it didnt cross my mind that you would try to catch this trade. Never ever trade intraday trades during macro news. I think that I wrote it somewhere here. When I trade after macro news is when i see that the situation has calmed. Usually not sooner that about 30 minutes after macro news. If the macro news spikes so much and you go 2 minutes after release -thats suicide. You can be gratefull if your stop loss order doesn't have a slippage.
- #696
- Oct 21, 2016 10:01am Oct 21, 2016 10:01am
- | Membership Revoked | Joined Sep 2016 | 1,511 Posts
new level: eur/usd 1.0888 intraday short. The reason is heavy institutional orders there. This combined with strong selling pressure makes this a good level for a a pullback to the selling trend.
{quote} interesting read .. do you expect EU to retrace to 1.0888 again before going down, because the way i see , it`s next target is 1.0855 and 1.0820 atleast and may reach 1.0790 at best
Best of luck all, I'm done for the day/week - nice week all round and especially nice on your levels thanks Dale
. Have a great w/end Cheers ziggy
- #699
- Oct 21, 2016 12:39pm Oct 21, 2016 12:39pm
Had an unfortunate event today. I put limit order for CAD but seems I forgot to put stop loss. 
. Went to wash the car and came back to news and spike. I've gone down -30 [because of my own fault/forgetfulness] as it looks like it will not be coming down today.
Thanks Trader Dale. I'll be more careful next time.
What a way to end the weekend.
However, have an awesome one you all. At least I live to trade another day....Monday
. Went to wash the car and came back to news and spike. I've gone down -30 [because of my own fault/forgetfulness] as it looks like it will not be coming down today.Thanks Trader Dale. I'll be more careful next time.
What a way to end the weekend.
However, have an awesome one you all. At least I live to trade another day....Monday
- #700
- Oct 21, 2016 1:51pm Oct 21, 2016 1:51pm
- | Membership Revoked | Joined Sep 2016 | 1,511 Posts
Had an unfortunate event today. I put limit order for CAD but seems I forgot to put stop loss.
Have a nice weekend guys