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Trader Dale - daily trading levels

  • #2,941
  • Jan 5, 2017 3:48am Jan 5, 2017 3:48am
In my chart audusd got 1 pip above the first level and reacted around 8 pips, I consider the level invalid too.
  • #2,942
  • Jan 5, 2017 4:15am Jan 5, 2017 4:15am
Correct guys. Aud turned sooner.
  • #2,943
  • Edited 5:26am Jan 5, 2017 4:40am | Edited 5:26am
Looking at EUR/AUD for a long at 1.4372. Stops are -12 / 1st target is +10 with stops moved to b/e / 2nd target is 1.4420. If price breaks above 1.4400 move stops to 1.4393 with either target getting hit or stop out on runners. Trade is good for EOD.
  • #2,944
  • Jan 5, 2017 4:52am Jan 5, 2017 4:52am
Quoting XxixixX
Looking at EUR/AUD for a long at 1.4372. Stops are -12 / 1st target is +10 with stops moved to b/e / 2nd target is 1.4420. If price breaks above 1.4400 move stops to 1.4393 with either target getting hit or stop out on runners.
Hi XxixixX, I am also watching it. I was long at GBPUSD at 1,2280 (prev. day POC) (SL/TP 20/20) took 6 pips and closed it. I should have let it run. It made about 40 pips.
  • #2,945
  • Jan 5, 2017 4:59am Jan 5, 2017 4:59am
Quoting majrou666
{quote} Hi XxixixX, I am also watching it. I was long at GBPUSD at 1,2280 (prev. day POC) (SL/TP 20/20) took 6 pips and closed it. I should have let it run. It made about 40 pips.
Was also in that trade and was able to grab +20. Good eye on catching that.
  • #2,946
  • Edited 5:26am Jan 5, 2017 5:02am | Edited 5:26am
Looking to short USD/CHF 1.0225 / stops at -12 / 1st Target is +10 / move stops to B/E with 2nd target at 1.0175. Keep in mind we have some key USD data points today so keep things on a tight leash, imho. Trade setup is good for EOD.
  • #2,947
  • Jan 5, 2017 5:33am Jan 5, 2017 5:33am
great call on AU long!!! +10 pips
  • #2,948
  • Jan 5, 2017 5:41am Jan 5, 2017 5:41am
Quoting XxixixX
Looking to short USD/CHF 1.0225 / stops at -12 / 1st Target is +10 / move stops to B/E with 2nd target at 1.0175. Keep in mind we have some key USD data points today so keep things on a tight leash, imho. Trade setup is good for EOD.
Looking at my composite profile I would say better level would be 1.0220 which was hit and correction was nearly 12 pips. I am not going to trade it.
  • #2,949
  • Jan 5, 2017 5:45am Jan 5, 2017 5:45am
The more agressive ones (or people with limit orders) have a nice +10 pips profit in aud/usd. (I myself didn't take it)
Attached Image (click to enlarge)
Click to Enlarge Name: aud profit.png Size: 40 KB
  • #2,950
  • Jan 5, 2017 5:53am Jan 5, 2017 5:53am
Quoting Trader-Dale
The more agressive ones (or people with limit orders) have a nice +10 pips profit in aud/usd. (I myself didn't take it) {image}
why didn't you take this trade?
  • #2,951
  • Jan 5, 2017 6:10am Jan 5, 2017 6:10am
Quoting tony1200
{quote} why didn't you take this trade?
Because it turned away from that level without triggering just a couple of bars before. (Meaning it is already tested. But it looks like there were enough demand for another push)

Akif,
  • #2,952
  • Jan 5, 2017 6:34am Jan 5, 2017 6:34am
Quoting tony1200
{quote} why didn't you take this trade?
see T-Dale's Post 2,942 (http://www.forexfactory.com/showthread.php?p=9406336#post9406336)
  • #2,953
  • Jan 5, 2017 6:51am Jan 5, 2017 6:51am
Just downloaded the sierra chart app, and will try it out over the next few weeks, looks good
Every dog has his day
  • #2,954
  • Jan 5, 2017 6:57am Jan 5, 2017 6:57am
Quoting austineejo
...There is nothing wrong ....
You are writing rubbish and this will be last time I respond to you whatever you say after that : I just asked if those who are dependent on signal service every day said to Trader-Dale thank you every day since he is giving them opportunity to make money...I am not stopping anyone here to do whatever they want to do, to say whatever thy want to say ...not my business, not my problem.
  • #2,955
  • Jan 5, 2017 7:07am Jan 5, 2017 7:07am
Quoting tony1200
{quote} why didn't you take this trade?
I decided to be more conservative this time and considered it already tested. If somobody were more agressive it was still okay to take it.
  • #2,956
  • Jan 5, 2017 7:30am Jan 5, 2017 7:30am
Quoting ruma29
{quote} You are writing rubbish and this will be last time I respond to you whatever you say after that : I just asked if those who are dependent on signal service every day said to Trader-Dale thank you every day since he is giving them opportunity to make money...I am not stopping anyone here to do whatever they want to do, to say whatever thy want to say ...not my business, not my problem.
Good radiance to bad rubbish!!!
  • #2,957
  • Jan 5, 2017 7:38am Jan 5, 2017 7:38am
I am not able to watch the market the whole time. So I am thinking of using orders. How much will it impact my profitability? Like I would have traded the Aus/Usd earlier today. Bad example because it was a positive, but you know what I mean.

Thans
  • #2,958
  • Jan 5, 2017 7:38am Jan 5, 2017 7:38am
EURUSD long 1.051 ==>+27

AUDUSD long 0.7288 ==>+21
  • #2,959
  • Jan 5, 2017 7:38am Jan 5, 2017 7:38am
Hey all - I'm new to this - loving the service - Trader Dale thank you so much!

It's a shame there's some negative energy wafting around... let's try and keep things civil perhaps....?
Always look for reasons not to take a trade
  • #2,960
  • Jan 5, 2017 7:45am Jan 5, 2017 7:45am
NEW LEVEL: eur/usd1.0552 short. Hurry up
Attached Image (click to enlarge)
Click to Enlarge Name: eur update.png Size: 77 KB
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