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Trader Dale - daily trading levels

  • #3,221
  • Jan 10, 2017 7:57am Jan 10, 2017 7:57am
I'm seeing a new level on audusd - shorts at 0.7356...
  • #3,222
  • Jan 10, 2017 8:00am Jan 10, 2017 8:00am
Quoting shimmering
{quote} Should I be adding the spread to the given levels for longs?
I am adding the spread to the long levels. So I buy when the bid price reach the level.
  • #3,223
  • Jan 10, 2017 8:03am Jan 10, 2017 8:03am
Quoting ziggy
{quote} I know nothing about EA's so sorry can't help, but if you want the profile on your chart it needs to go into your indicators file.
Thanks Ziggy
Always look for reasons not to take a trade
  • #3,224
  • Jan 10, 2017 8:04am Jan 10, 2017 8:04am
Quoting shimmering
{quote} Should I be adding the spread to the given levels for longs?
it will be broker dependant, my broker applies half the spread on entry and half on exit, if using limits to enter just use the level Dale provides, you are doing fine. On EU I took the view I had missed the train and that it had turned prior to my entry being triggered, if I had been at my screen I would have been filled as I would have taken a market order as price touched the line in this case, often that can result in a better than limit entry, but sometimes worse. Swings and roundabouts and overall it won't make any difference, just on the occasional trade it will make a difference.
  • #3,225
  • Jan 10, 2017 8:05am Jan 10, 2017 8:05am
Quoting NaughtyPip
I'm seeing a new level on audusd - shorts at 0.7356...
Hi Naughty,
Spot on.
My chart says 0.7358
Akif,
  • #3,226
  • Jan 10, 2017 8:07am Jan 10, 2017 8:07am
Quoting akift
{quote} Hi Naughty, Spot on. My chart says 0.7358 Akif,
It's interesting - that is the M30 50SMA.
  • #3,227
  • Jan 10, 2017 8:08am Jan 10, 2017 8:08am
Quoting NaughtyPip
I'm seeing a new level on audusd - shorts at 0.7356...

I have exactly the same
  • #3,228
  • Jan 10, 2017 8:08am Jan 10, 2017 8:08am
Quoting akift
Hi Januszo, You are most probably right. But i still think those 2 huge red Wide Range Bars on 30 min chart (probable stop hunt as you point out) have enough fuel for a 10 pip reaction down. Akif,
BTW that 1.3250 level on USDCAD worked perfectly.
More than enough fuel.

Akif,
  • #3,229
  • Jan 10, 2017 8:26am Jan 10, 2017 8:26am
I am in AUDUSD at 0.7358
Akif,
EDIT: I'll dump it at 0.7350 (8 pips only)
  • #3,230
  • Jan 10, 2017 8:31am Jan 10, 2017 8:31am
Quoting akift
I am in AUDUSD at 0.7358 Akif, EDIT: I'll dump it at 0.7350 (8 pips only)
I'm in as well.
  • #3,231
  • Jan 10, 2017 8:32am Jan 10, 2017 8:32am
My need to manage limits and/or spread made my EU just hit +10. I read all succeeded time ago today I´ll study why I just hit the profit.

I put L and SL for UC when wake up and certaintily I place a wrong SL -4pips. Did you ever sleep?

Thanks all participating, I´m learning a lot.
Regards from Mexico
  • #3,232
  • Jan 10, 2017 8:34am Jan 10, 2017 8:34am
Quoting akift
I am in AUDUSD at 0.7358 Akif, EDIT: I'll dump it at 0.7350 (8 pips only)
i got stopped hehe, i guess the new poc forming underneath was a warning sign
  • #3,233
  • Jan 10, 2017 8:37am Jan 10, 2017 8:37am
Quoting NaughtyPip
{quote} i got stopped hehe, i guess the new poc forming underneath was a warning sign
I am stopped out too.
Naughty your POC is calculated by Futures or Forex?
Because my POC was already at 0.73477.
BTW, I am planning to short it again at 0.73736
Akif,
  • #3,234
  • Jan 10, 2017 8:39am Jan 10, 2017 8:39am
Quoting akift
{quote} I am stopped out too. Naughty your POC is calculated by Futures or Forex? Because my POC was already at 0.73477. BTW, I am planning to short it again at 0.73736 Akif,
forex, yes i had the same poc
  • #3,235
  • Jan 10, 2017 8:43am Jan 10, 2017 8:43am
Quoting shimmering
{quote} My EU trade is still going
Nice one - trust you have now got a nice PT
  • #3,236
  • Jan 10, 2017 8:43am Jan 10, 2017 8:43am
Quoting akift
{quote} BTW, I am planning to short it again at 0.73736 Akif,
Missed by 1 pip.
Damn I am gonna take a break and wrestle with my son for a quick refreshment.
Green pips guys.

Akif,
  • #3,237
  • Jan 10, 2017 8:54am Jan 10, 2017 8:54am
yen is looking ripe for either a breakout or a bear trap edit, or even the CAD !!!!!

Attached Image (click to enlarge)
Click to Enlarge Name: 2017-01-10_1451.png Size: 113 KB
  • #3,238
  • Jan 10, 2017 8:59am Jan 10, 2017 8:59am
Quoting dragonexpert
{quote} Still holding with trailing
Good job! are you still in?
  • #3,239
  • Jan 10, 2017 9:04am Jan 10, 2017 9:04am
Quoting Trader-Dale
{quote} Good job! are you still in?
Closed mine at 1.3200 having taken half after 10 pips. That's what I call a reaction
Never argue with a fool; onlookers may not be able to tell the difference.
  • #3,240
  • Jan 10, 2017 9:08am Jan 10, 2017 9:08am
I see the Donald is due to give a press conference tomorrow................... could be a bit of whipsawing going on as every word, or gesture, prompts a reaction. It's not been unknown for him to be a tad unpredictable has it Wouldn't you want to know what side of the market his "friends" will be taking

http://www.cantuoggi.it/site/wp-cont...rump-lead2.jpg
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