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Trader Dale - daily trading levels

  • #1,481
  • Dec 2, 2016 7:47am Dec 2, 2016 7:47am
Quoting Trader-Dale
Tough luck. 1. trade SL. 2nd turned 1 pip sooner. Damn. {image}
hi Dale, thank you for your levels. I find your EUR/USD levels as a pretty strong ones (the first one again matched with mine) and I still believe we can see further movement upwards from this level no matter that it went against us. for today I was expecting the price will test higher highs than yesterday. Therefore I wanted to extend SL by 10 pips and keep a part of the trade a bit longer than for 10 pips profit, but unfortunately I was not near my computer and the trade hit SL (my fault). I opened the trade once again -> 16pips profit covered 12pips SL.
I am looking forward for AUD/USD short level. my level is 1.5 pips above yours, so I will take it with 50% more confidence than usual let's see how it will play with us this time. thanks Dale again
  • #1,482
  • Dec 2, 2016 8:00am Dec 2, 2016 8:00am
Quoting Trader-Dale
Tough luck. 1. trade SL. 2nd turned 1 pip sooner. Damn. {image}
I was lucky got it and banked 10 pips
  • #1,483
  • Dec 2, 2016 8:55am Dec 2, 2016 8:55am
Hi Guys i am a complete rookie so it is great to have all this information to hand, i was almost at SL with Eur/USD and managed to cancel the SL i then went onto take 10 pips more luck than good judgement but a profit all the same.
Thx to All especially Dale
  • #1,484
  • Dec 2, 2016 8:56am Dec 2, 2016 8:56am
aud/usd was nice
  • #1,485
  • Dec 2, 2016 9:10am Dec 2, 2016 9:10am
Quoting radaway
aud/usd was nice
that means that you either took it as the nfp major news item broke or you took it after it had already touched and made 10 pipis, you won this time radaway, and I'm certainly not going to tell you how you should trade, but if you are going to trade without regard for the news etc then I wish you well with doing so but you are certainly not stacking the odds in your favour. Cheers Ziggy
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  • #1,486
  • Dec 2, 2016 9:18am Dec 2, 2016 9:18am
Thx. ziggy
but my trade was @ 1330 hrs approx (dont think the news was out or ?) was certainly not after the new. lemme check
  • #1,487
  • Dec 2, 2016 9:23am Dec 2, 2016 9:23am
although the UJ stopped some 7 or so pips away from our level, I've seen a strong enough reaction away from the zone to convince me not to trade if the level is touched, I'd be interested to know how other experienced traders view this one........ especially Dale
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  • #1,488
  • Dec 2, 2016 9:26am Dec 2, 2016 9:26am
Quoting radaway
Thx. ziggy but my trade was @ 1330 hrs approx (dont think the news was out or ?) was certainly not after the new. lemme check
that is exactly as the news came out radaway

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  • #1,489
  • Dec 2, 2016 9:30am Dec 2, 2016 9:30am
Quoting ziggy
although the UJ stopped some 7 or so pips away from our level, I've seen a strong enough reaction away from the zone to convince me not to trade if the level is touched, I'd be interested to know how other experienced traders view this one........ especially Dale{image}
Not for me either, too big a reaction and the market is still suffering the after shocks of the news.
Never argue with a fool; onlookers may not be able to tell the difference.
  • #1,490
  • Dec 2, 2016 9:32am Dec 2, 2016 9:32am
Quoting austineejo
{quote} I was lucky got it and banked 10 pips
wow! congratz mate!
  • #1,491
  • Dec 2, 2016 9:42am Dec 2, 2016 9:42am
Quoting ziggy
although the UJ stopped some 7 or so pips away from our level, I've seen a strong enough reaction away from the zone to convince me not to trade if the level is touched, I'd be interested to know how other experienced traders view this one........ especially Dale{image}
I would personally take the trade. The volume that I wanted to trade wasn't tested yet. The thing I see risky in this trade is that when there is a trand on Friday, it is usually a strong one - sometimes without reactions to support/resist zones. Hovewer, it doesn't seem to be this case today.
  • #1,492
  • Dec 2, 2016 9:49am Dec 2, 2016 9:49am
Quoting Trader-Dale
{quote} I would personally take the trade. The volume that I wanted to trade wasn't tested yet. The thing I see risky in this trade is that when there is a trand on Friday, it is usually a strong one - sometimes without reactions to support/resist zones. Hovewer, it doesn't seem to be this case today.
thanks Dale......... think I'll still stand aside, in fact I think I'm done for the week Cheers Ziggy
  • #1,493
  • Dec 2, 2016 9:56am Dec 2, 2016 9:56am
Quoting ziggy
{quote} thanks Dale......... think I'll still stand aside, in fact I think I'm done for the week Cheers Ziggy
have a nice weekend buddy and thanx for your help.
  • #1,494
  • Dec 2, 2016 10:10am Dec 2, 2016 10:10am
[Цитата = Торговец-Дейл; 9311304]. {Цитата} есть хороший уик-энд приятель и спасибо за вашу помощь [/ цитата]
Dale,Hello! Great theme, I signed up, you're just done, such assistance to all of us. Good luck and greenery!
To learn how to swim , you first need to enter the water!
  • #1,495
  • Dec 2, 2016 10:29am Dec 2, 2016 10:29am
Hello everybody,

what about the AUDUSD second short @0.7478? is it still in play even it has turned back 8 pips before the level?

Thanks Dale for all you help and support, i think all of us really appreciate it.
  • #1,496
  • Dec 2, 2016 11:54am Dec 2, 2016 11:54am
Quoting Iena
Hello everybody, what about the AUDUSD second short @0.7478? is it still in play even it has turned back 8 pips before the level? Thanks Dale for all you help and support, i think all of us really appreciate it.
It is
  • #1,497
  • Dec 3, 2016 8:58am Dec 3, 2016 8:58am
Quoting ziggy
I might regret posting this, but I know some folks are struggling with stops and trade management etc. I am NOT making this as a recommendation, simply an observation. I haven't or wouldn't have taken any trades where any of the following applies: 1. the zone that the level is in has been tested 2. There is pending "red" news, or very recent "red" news - say 20 mins either side 3. I haven't traded any levels during the Asian session. Accepting those 3 point, if I had traded every other trade that hit the level, at exactly the level, and then just...
Ziggy/Dale, If we go with Dales report I see that we would have gotten 478 pips from (73 Wins, 21 fails and 2 BE) Sep 1st onwards.. I believe Dale's report doesn't include the trades from Asian session. Comparing this with Ziggy's report (I take that this include trades from Sep 1st onward as well), I see total pips are almost same (only a difference of 12 pips)

Can you please confirm this?

We would be better of trading with small stop loss (12 pips) as it won't be easy to handle bigger stops psychologically if we are babysitting a trade.

Thanks, Rabhni
  • #1,498
  • Dec 4, 2016 11:48pm Dec 4, 2016 11:48pm
in the last few weeks someone posted a color ma indi with/without steps. Ive searched posts and used search box but I dont seem to be able to find it , win10 decided to play up o/night and deleted it out of my down loads folder , I would Appreciate if anyone has the link ,thank you in anticipation SP
  • #1,499
  • Dec 5, 2016 1:48am Dec 5, 2016 1:48am
Intraday levels for 5.12.2016
PT 10 pips, SL 12 pips.
Happy trading

Iam not trading euro today.
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  • #1,500
  • Dec 5, 2016 2:00am Dec 5, 2016 2:00am
thanks for audusd
Risk comes from not knowing what you're doing.
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