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Trader Dale - daily trading levels

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  • Post #5,341
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  • Feb 14, 2017 3:21am Feb 14, 2017 3:21am
  •  tniazi
  • | Joined Jan 2017 | Status: Member | 9 Posts
Quoting CrocodileRex
Disliked
{quote} You shouldn't be doing any trading if you don't even know this. Complete all lessons on www.babypips.com (http://www.babypips.com). Trust me, i am saving you a lot of money if you are not a troll here.
Ignored
Agreed Sir. I will go through all lessons on babypips.com. Thanks for sharing.
 
1
  • Post #5,342
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  • Feb 14, 2017 3:31am Feb 14, 2017 3:31am
  •  Trader-Dale
  • | Membership Revoked | Joined Sep 2016 | 1,511 Posts
Intraday levels for 14.2.2017
I use PT 10 pips, SL 12 pips.
Happy trading
*New document about Position Management is attached here:
http://www.forexfactory.com/showthread.php?p=9162014#post9162014
Attached Image (click to enlarge)
Click to Enlarge

Name: 14.2. levels.png
Size: 220 KB
 
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  • Post #5,343
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  • Feb 14, 2017 3:51am Feb 14, 2017 3:51am
  •  Jako
  • | Joined Dec 2016 | Status: Member | 110 Posts
Dale - would you consider EU tested?

When to consider levels tested is one of the hardest things I find....
Always look for reasons not to take a trade
 
1
  • Post #5,344
  • Quote
  • Feb 14, 2017 3:51am Feb 14, 2017 3:51am
  •  luckybay
  • | Joined Feb 2016 | Status: Member | 24 Posts
E/U looks like it was tested. 3pips before 10pips reaction. What is your opinion?
 
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  • Post #5,345
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  • Feb 14, 2017 3:52am Feb 14, 2017 3:52am
  •  mtorr
  • | Joined Sep 2016 | Status: Member | 24 Posts
Greetings everyone I have EU tested at 1.0633 we all know it is we just want it not to be so we can trade it... like Jako quotes up above "always look for reasons not to take a trade"
 
 
  • Post #5,346
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  • Feb 14, 2017 3:59am Feb 14, 2017 3:59am
  •  Trader-Dale
  • | Membership Revoked | Joined Sep 2016 | 1,511 Posts
I think that eur is still ok to trade. My data show that price was 5 pips away which I consider not tested.
aisan trade AUD/USD - I was lucky enough to wake up in the night and saw at my phone, that Iam already 7,5 pips in profit, so i moved my SL and went to sleep again. I ended up -3 pips (I moved my SL above high of the reaction).
 
 
  • Post #5,347
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  • Feb 14, 2017 4:04am Feb 14, 2017 4:04am
  •  Jako
  • | Joined Dec 2016 | Status: Member | 110 Posts
Quoting Trader-Dale
Disliked
I think that eur is still ok to trade. My data show that price was 5 pips away which I consider not tested. aisan trade AUD/USD - I was lucky enough to wake up in the night and saw at my phone, that Iam already 7,5 pips in profit, so i moved my SL and went to sleep again. I ended up -3 pips (I moved my SL above high of the reaction).
Ignored
Dale do you dream of bars, pips, S&R levels when you sleep?
Always look for reasons not to take a trade
 
2
  • Post #5,348
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  • Feb 14, 2017 4:07am Feb 14, 2017 4:07am
  •  mtorr
  • | Joined Sep 2016 | Status: Member | 24 Posts
Some people count sheeps others count pips while they sleep!
 
1
  • Post #5,349
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  • Feb 14, 2017 4:09am Feb 14, 2017 4:09am
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 14,961 Posts
Quoting Jako
Disliked
{quote} Dale do you dream of bars, pips, S&R levels when you sleep?
Ignored
 
He does!!!!!  We know
 
Happy Valentines all
Attached Image
Beware of robber banks (RB), bad advisors.
 
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  • Post #5,350
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  • Feb 14, 2017 4:34am Feb 14, 2017 4:34am
  •  Trader-Dale
  • | Membership Revoked | Joined Sep 2016 | 1,511 Posts
Quoting Jako
Disliked
{quote} Dale do you dream of bars, pips, S&R levels when you sleep?
Ignored
If I have an open position I dream about it in about 80-90 % cases. I dream about all scenarios - many dreams but different scenarios. Maybe it is a good unconcious training but I would prefer sleeping without trading
 
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  • Post #5,351
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  • Edited 6:30am Feb 14, 2017 6:15am | Edited 6:30am
  •  DrBeercan
  • | Joined Aug 2016 | Status: Member | 399 Posts
Quoting Trader-Dale
Disliked
{quote} If I have an open position I dream about it in about 80-90 % cases. I dream about all scenarios - many dreams but different scenarios. Maybe it is a good unconcious training but I would prefer sleeping without trading
Ignored
In my early days of IT when I did oncall duties I dreamt of network issues and server issues. I now have filled that space with candle bars and green pips! :-)
I have AU open and have left it as I see it bounced off resistance and we I believe we are in a ranging market.
Edit: AU wasn't to be. Next!
Take 1 step forward, two small steps back
 
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  • Post #5,352
  • Quote
  • Feb 14, 2017 6:33am Feb 14, 2017 6:33am
  •  Fxentropy
  • Joined Feb 2015 | Status: Who Dares Wins | 1,710 Posts
Quoting Trader-Dale
Disliked
{quote} If I have an open position I dream about it in about 80-90 % cases. I dream about all scenarios - many dreams but different scenarios. Maybe it is a good unconcious training but I would prefer sleeping without trading
Ignored
Hey Dale,

I like your style and i like your approach ... I hope you will stay like that and the commercial tag will never appear on your nickname

Sincerely, Keep it up mate - FXE
"What would you attempt to do, if you knew your success was a certainty?"
 
 
  • Post #5,353
  • Quote
  • Feb 14, 2017 6:39am Feb 14, 2017 6:39am
  •  radaway
  • | Joined Sep 2016 | Status: Membership cancelled | 284 Posts
au from early morning went a SL .
 
 
  • Post #5,354
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  • Feb 14, 2017 6:46am Feb 14, 2017 6:46am
  •  januszo
  • | Joined Jan 2016 | Status: Member | 463 Posts
Quoting DrBeercan
Disliked
{quote} In my early days of IT when I did oncall duties I dreamt of network issues and server issues. I now have filled that space with candle bars and green pips! :-) I have AU open and have left it as I see it bounced off resistance and we I believe we are in a ranging market.
Ignored
Standard orderflow book strategy :
Open trade and let it go into support/resistance area or open it there and wait for a bounce.
20pip SL .
 
1
  • Post #5,355
  • Quote
  • Feb 14, 2017 9:14am Feb 14, 2017 9:14am
  •  suirad0
  • Joined Mar 2010 | Status: Member | 191 Posts
there are days when your day job heads have day off and you're all alone at the office and you can trade all day in and out but market isn't reaching any levels
 
 
  • Post #5,356
  • Quote
  • Feb 14, 2017 9:29am Feb 14, 2017 9:29am
  •  Trader-Dale
  • | Membership Revoked | Joined Sep 2016 | 1,511 Posts
Quoting radaway
Disliked
au from early morning went a SL .
Ignored
I secured my position when I saw it +7,5 in open profit. I took -3 pips there.
 
1
  • Post #5,357
  • Quote
  • Feb 14, 2017 9:30am Feb 14, 2017 9:30am
  •  pipsandbits
  • | Joined Nov 2016 | Status: Member | 121 Posts
Quoting suirad0
Disliked
there are days when your day job heads have day off and you're all alone at the office and you can trade all day in and out but market isn't reaching any levels
Ignored
In a few minutes Yellen will talk. Maybe it will shake the market a bit
 
1
  • Post #5,358
  • Quote
  • Feb 14, 2017 9:34am Feb 14, 2017 9:34am
  •  pipsandbits
  • | Joined Nov 2016 | Status: Member | 121 Posts
Quoting Trader-Dale
Disliked
{quote} I secured my position when I saw it +7,5 in open profit. I took -3 pips there.
Ignored
Me too. BE. Do you think is safe to keep the levels you shared during Yellen speech?
 
1
  • Post #5,359
  • Quote
  • Feb 14, 2017 9:43am Feb 14, 2017 9:43am
  •  radaway
  • | Joined Sep 2016 | Status: Membership cancelled | 284 Posts
Quoting Trader-Dale
Disliked
{quote} I secured my position when I saw it +7,5 in open profit. I took -3 pips there.
Ignored
I wish Dale I too was awake in the middle of the night like you to see to that
Attached Image
 
 
  • Post #5,360
  • Quote
  • Feb 14, 2017 9:54am Feb 14, 2017 9:54am
  •  Trader-Dale
  • | Membership Revoked | Joined Sep 2016 | 1,511 Posts
Quoting radaway
Disliked
{quote} I wish Dale I too was awake in the middle of the night like you to see to that {image}
Ignored
I was very lucky this time.
 
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