There is only one way to learn. It’s through action.
- Joined Jun 2016 | Status: Sharing EUR/USD Ideas and Insights | 9,227 Posts
Looking for profitable short term trades ...|
Pinbar trader EA - Trading pinbars off weekly S&R levels 435 replies
Are you a trend trader or a counter-trend trader? 29 replies
RS levels and physic levels are in indicator (created) 3 replies
Disliked-12 for me on the EU. My approach is to ignore the news and what will be will be, one day it will work in your favour. Another it will not.Ignored
Disliked{quote} i would enter with same SL and exit at whatever market is ready to give, say 5 instead of 10. like UJ right nowIgnored
DislikedHello Dale , thanks for your help , Can you tell : what time any level you mention every day get invalid . I mean ,until what time we can enter the trade? THANKS.Ignored
Disliked{quote} I think the entry was 104.75 (see above) ...nothing is perfect!Ignored
Disliked{quote} Hi All I just now exited half of my position in AU @0.7615 with VERY GOOD PROFIT....!!!! Thanks to DALE......!!! I set the rest of the position to run till TP @0.7692 set SL @0.7667 ------------- By the way DALE I just now entered USDCAD short trade @1.3385 - 1.3395 range with SL @1.3407 wold like to know if you have some facts about this trade to say.... I still dont have where to take profit but I only know weel 1.3400 wold be great barrier to go above due to past records.... Have very good day all I got ot go out for while... but waiting...Ignored
Disliked{quote} It shouldn't have been traded when you see that the market tests it twice 3 and 2 pips before the level its very risky to enter for the 3rd time. if there was only the 1st test, then it would not be that risky to take it but the 2nd test should have warned you not to take it anymore. {image}Ignored
Dislikednew swing level: aud/usd swing short 0.7660, SL 70 pips, PT 70 pips {image}Ignored
Disliked{quote} Would you somehow buy this 2 times tested level? EDIT: AUDUSD +70 thank you.Ignored
Disliked{quote} I would like to take this opportunity to thank Dale for sharing his knowledge on market profile and his unique trading strategy (I am more accustomed to the conventional moving average, Elliot wave, MACD, ...etc. ) I have been trading NZDUSD and AUDUSD for the past few weeks and so I am quite familiar with the price movement for this 2 currency pairs. When I read that Dale has recommended that it is a good opportunity to short AUDUSD, I somehow can understand where he is coming from, although I am using a different trading approach and perspective...Ignored
DislikedHi Guys, My excel file attached - there are some things you need to know about this file. 1. I have used FXCM mt4 chart to get my data from, although I actually trade on a non MT4 broker 2. I have set this up so that if the chart itself makes +10, the stop becomes break-even, that means that if the trade misses it's PT by the spread it becomes a BE trade. 3. You can change the stop loss level in cell K2 4. You can change the PT level in cell L2 This spreadie assumes entries to be right on the level, in practice because I am using market orders many...Ignored