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Trader Dale - daily trading levels

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  • Post #3,361
  • Quote
  • Jan 11, 2017 10:44am Jan 11, 2017 10:44am
  •  rabhni
  • | Joined May 2011 | Status: Member | 115 Posts
Lost EU...entered 15 mins before the news....
 
 
  • Post #3,362
  • Quote
  • Jan 11, 2017 10:45am Jan 11, 2017 10:45am
  •  majrou666
  • | Joined Jul 2016 | Status: Member | 197 Posts
Quoting Trader-Dale
Disliked
USD/CAD +10 pips profit. Did you guys take it? 11.1. cad profit.png;2135547 {image}
Ignored
Thanks Dale. Finally took 17 pips of the market
 
1
  • Post #3,363
  • Quote
  • Jan 11, 2017 10:59am Jan 11, 2017 10:59am
  •  m.miso
  • | Joined Dec 2016 | Status: Member | 22 Posts
Hi Dale. Did you trade USDCAD? It was during the macro news: Crude Oil Inventories
 
1
  • Post #3,364
  • Quote
  • Jan 11, 2017 11:00am Jan 11, 2017 11:00am
  •  lKeithStone
  • | Joined Oct 2015 | Status: Possessed | 263 Posts
Futures levels (yellow) I'm interested in.
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  • Post #3,365
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  • Jan 11, 2017 11:00am Jan 11, 2017 11:00am
  •  NaughtyPip
  • Joined Aug 2010 | Status: Member | 1,282 Posts
Quoting NaughtyPip
Disliked
{quote} i ended up selling it but for a tiny risk compared to usual, because of news. Gonna see if we can get down to 1.326.. probably not gonna happen before trump though
Ignored
liquidity gap filled - shame it was small risk but hey ho

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  • Post #3,366
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  • Jan 11, 2017 11:02am Jan 11, 2017 11:02am
  •  Rfs199
  • | Joined Nov 2016 | Status: Member | 205 Posts
Quoting m.miso
Disliked
Hi Dale. Did you trade it? It was during the macro news: Crude Oil Inventories
Ignored
I was wondering the same thing. I didn't take this one due to the red news. I thought it would affect the USD in some way.
 
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  • Post #3,367
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  • Jan 11, 2017 11:06am Jan 11, 2017 11:06am
  •  davwattsg
  • | Joined Jan 2017 | Status: Member | 33 Posts
My broker gave 1.32925 HIGH on the UC so I miss this entry.

AU stopped out -12 pips ouch!

Learning... learning... learning...
 
1
  • Post #3,368
  • Quote
  • Jan 11, 2017 11:08am Jan 11, 2017 11:08am
  •  radaway
  • | Joined Sep 2016 | Status: Membership cancelled | 284 Posts
Quoting Rfs199
Disliked
{quote} I was wondering the same thing. I didn't take this one due to the red news. I thought it would affect the USD in some way.
Ignored
me too ..following golden advice from the captains of the industry (Holy bible on the 1st page) : Never trade during significant macroeconomic news. Close all intraday trades at least 3 minutes before the announcement no matter if they are in open profit or losing.
 
2
  • Post #3,369
  • Quote
  • Jan 11, 2017 11:12am Jan 11, 2017 11:12am
  •  Rfs199
  • | Joined Nov 2016 | Status: Member | 205 Posts
Quoting radaway
Disliked
{quote} me too ..following golden advice from the captains of the industry (Holy bible on the 1st page) : Never trade during significant macroeconomic news. Close all intraday trades at least 3 minutes before the announcement no matter if they are in open profit or losing.
Ignored
Yeah. Maybe there are some news that aren't impactful enough for some pairs although they're listed as "high impact"? Right now, for me is red = avoid (following the rules). But I'd like to know if there's anything else that we should take into consideration .

Thanks in advance!
 
 
  • Post #3,370
  • Quote
  • Jan 11, 2017 11:24am Jan 11, 2017 11:24am
  •  XxixixX
  • Joined Aug 2015 | Status: Member | 287 Posts
Quoting NaughtyPip
Disliked
Possibilities on USDCHF. It kind of looks like we may miss out on a few good setups with the news coming... d0fe2340c70c493d917e22e610e63fa8.png;2135494 {image}
Ignored
Looking at this on a 4hr time frame seeing a level around 1.0255 for a short. Once a bearish candle can form on the 4hr chart will look to short with a target of 1.0180 or once a green candle is formed on the pullback to that level will exit. The stop will be if a green candle forms after we have entered again on the 4hr time frame.
 
 
  • Post #3,371
  • Quote
  • Jan 11, 2017 11:38am Jan 11, 2017 11:38am
  •  devonian
  • | Joined Jun 2012 | Status: Member | 35 Posts
Anyone looking at 1.0536 for a short eu?
 
 
  • Post #3,372
  • Quote
  • Jan 11, 2017 11:44am Jan 11, 2017 11:44am
  •  NaughtyPip
  • Joined Aug 2010 | Status: Member | 1,282 Posts
Quoting devonian
Disliked
Anyone looking at 1.0536 for a short eu?
Ignored
do you have chart with profile?

ps no trades while trump is speaking for me
 
 
  • Post #3,373
  • Quote
  • Jan 11, 2017 11:51am Jan 11, 2017 11:51am
  •  NaughtyPip
  • Joined Aug 2010 | Status: Member | 1,282 Posts
Anyone seeing potential upcoming swing setups on usdcad and audusd?
 
 
  • Post #3,374
  • Quote
  • Jan 11, 2017 11:54am Jan 11, 2017 11:54am
  •  ziggy
  • Joined Feb 2009 | Status: Member | 604 Posts
Quoting radaway
Disliked
{quote} me too ..following golden advice from the captains of the industry (Holy bible on the 1st page) : Never trade during significant macroeconomic news. Close all intraday trades at least 3 minutes before the announcement no matter if they are in open profit or losing.
Ignored
I missed Cad by 1 pip on entry, but the news you speak of can have a big impact on USD/Cad, Cad can move a lot on crude news so in order to be safe it's best not to trade that pair on Crude inventories data, to be honest unless there is a massive shock it has little effect on the other 3 pairs we look at. Looks like the Donald knows how to shake things up
 
2
  • Post #3,375
  • Quote
  • Jan 11, 2017 11:56am Jan 11, 2017 11:56am
  •  devonian
  • | Joined Jun 2012 | Status: Member | 35 Posts
eu short 1.0536 worked nicely +10 could have been 20 if id held
 
 
  • Post #3,376
  • Quote
  • Jan 11, 2017 12:02pm Jan 11, 2017 12:02pm
  •  dragonexpert
  • | Membership Revoked | Joined Feb 2016 | 590 Posts
taking both position and closed with small profit. Up and down while uncle trump speak.
Risk comes from not knowing what you're doing.
 
 
  • Post #3,377
  • Quote
  • Jan 11, 2017 12:03pm Jan 11, 2017 12:03pm
  •  NaughtyPip
  • Joined Aug 2010 | Status: Member | 1,282 Posts
Quoting devonian
Disliked
eu short 1.0536 worked nicely +10 could have been 20 if id held
Ignored
You still didn't say why you went short there - I don't see it.., also you are trading at a time that makes the result of your trade completely random and high risk. Just sayin...
 
2
  • Post #3,378
  • Quote
  • Jan 11, 2017 12:04pm Jan 11, 2017 12:04pm
  •  ziggy
  • Joined Feb 2009 | Status: Member | 604 Posts
hahahaha - you've got to love it, Dow sheds 150 points in 20 mins once DT started, and is now up 100+ in another 20 mins, what do you recon on dow 20000 before the day is done, whatever your views are you have to admit it looks like an interesting time ahead
 
 
  • Post #3,379
  • Quote
  • Jan 11, 2017 12:15pm Jan 11, 2017 12:15pm
  •  Trader-Dale
  • | Membership Revoked | Joined Sep 2016 | 1,511 Posts
It was OK not to trade usd/cad because of the data. As Ziggy says CAD is quite dependant on oil. Otherwise this macro isn't that much high impact and sometimes I trade during its release.
I didn't go AUD long because I considered it already tested.
 
3
  • Post #3,380
  • Quote
  • Jan 11, 2017 12:16pm Jan 11, 2017 12:16pm
  •  devonian
  • | Joined Jun 2012 | Status: Member | 35 Posts
Quoting NaughtyPip
Disliked
{quote} You still didn't say why you went short there - I don't see it.., also you are trading at a time that makes the result of your trade completely random and high risk. Just sayin...
Ignored
Just seemed like a logical place to me look at the chart

https://charts.mql5.com/13/718/eurus...aderfx-llc.png
 
 
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