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Trader Dale - daily trading levels

  • #6,061
  • Mar 7, 2017 2:40am Mar 7, 2017 2:40am
Quoting Trader-Dale
take care, aud rate decision in asian session.
Thank You Dale. !
Maybe that could be the reason no AU trades at all.
Its safer that way.

Thx. again !
  • #6,062
  • Mar 7, 2017 2:43am Mar 7, 2017 2:43am
Quoting sanaulhaq
Anyone into EU? Only 1 pip away from PT.. Long test of patience!!!
I'm in EU but I went for a 14 pip SL above the swing high and a corresponding 14 pip TP
Always look for reasons not to take a trade
  • #6,063
  • Mar 7, 2017 2:44am Mar 7, 2017 2:44am
I had +6 in EU and I moved my SL for 2nd trade to try and achieve my +10 but was stopped for a small profit. I think two things challenged this trade. It occurred around market open. There was a battle between buyers and sellers. Probably if I left it the trade would of hit +10 but I have something else to focus on :-(
Take 1 step forward, two small steps back
  • #6,064
  • Mar 7, 2017 2:47am Mar 7, 2017 2:47am
Quoting brink
{quote} I expect it to be a non-event. They will wait for FED to move
Possibly, I looked at a couple of trades and there was clear indecision. Then Dale published his Asian session and being late I went for those.
Take 1 step forward, two small steps back
  • #6,065
  • Mar 7, 2017 2:53am Mar 7, 2017 2:53am
EURUSD to TP!
got +7.2 pips average, closed half +4.6 and other +10
  • #6,066
  • Mar 7, 2017 2:53am Mar 7, 2017 2:53am
EURUSD +10 Done!
  • #6,067
  • Mar 7, 2017 3:09am Mar 7, 2017 3:09am
Closed EU at +12. Great call Dale
Always look for reasons not to take a trade
  • #6,068
  • Mar 7, 2017 3:10am Mar 7, 2017 3:10am
eur/usd +10 pips profit. Congratulations for all who took it. I think this trade was pretty clear, is there anybody who struggled with trading this one?
Did anybody trade Ziggy's method and went for 20 pips? If Iam correct now would be +20 pips profit!
Attached Image
  • #6,069
  • Mar 7, 2017 3:12am Mar 7, 2017 3:12am
Quoting FX-Flux
New level EU Short @ 1.0599?
you got it right mate! Good job!
  • #6,070
  • Mar 7, 2017 3:16am Mar 7, 2017 3:16am
I have just published updated levels for today. AUD/USD included.
Attached Image (click to enlarge)
Click to Enlarge Name: 7.3. update print.png Size: 187 KB
  • #6,071
  • Edited 3:33am Mar 7, 2017 3:21am | Edited 3:33am
Quoting Trader-Dale
eur/usd +10 pips profit. Congratulations for all who took it. I think this trade was pretty clear, is there anybody who struggled with trading this one? Did anybody trade Ziggy's method and went for 20 pips? If Iam correct now would be +20 pips profit! {image}
Actually I follow Ziggy's suggestion for +20 (moving the SL to new Swing High beforehand). However, I typically use one of his "adapted" approaches and reduce the positions size, when I think it makes sense (or when I'm to scared to loose my gains again ). This time I was concerned with the VAL from yesterday (@1.0583 thought it would provide too much of a resistance) and closed the trade in 3 steps with +10, +12, +14.
cheers
  • #6,072
  • Mar 7, 2017 3:23am Mar 7, 2017 3:23am
Quoting Trader-Dale
I have just published updated levels for today. AUD/USD included. {image}
Great, thanks!
  • #6,073
  • Mar 7, 2017 3:26am Mar 7, 2017 3:26am
Quoting HemDir
{quote} Actually I follow Ziggy's suggestion for +20 (moving the SL to new Swing High beforehand). However, I typically use one of his "adapted" approaches and reduce the positions size, when I think it makes sense (or when I'm to scared to loose my gains again ). This time I was concerned with the VAL from yesterday (@1.0583 thought it would provide too much of an resistance) and closed the trade in 3 steps with +10, +12, +14. cheers
nice approach. thanks for your comment mate!.
  • #6,074
  • Mar 7, 2017 3:32am Mar 7, 2017 3:32am
Quoting Trader-Dale
I have just published updated levels for today. AUD/USD included. {image}
Hi Dale - You've put 1.0598 again? Is that right? Hasnt that level given already?
Always look for reasons not to take a trade
  • #6,075
  • Mar 7, 2017 3:45am Mar 7, 2017 3:45am
Quoting Trader-Dale
{quote} nice approach. thanks for your comment mate!.
You are welcome.
To be perfectly honest, I'm not so sure how effective that is and whether I would recommend to not follow strict rules. It's more that despite the evaluation/analysis results of Ziggy (which at least for me are pretty clear towards the 20/20 with SL moved to Swing High if eligible), I obviously still do not really "accept" the reduced win rate of 42% (according to Ziggy's spreadsheet) and/or +20 sometimes seems to be a huge move, given the character of your trading Dale (quick, precise, fast in/fast out).
cheers
  • #6,076
  • Mar 7, 2017 3:58am Mar 7, 2017 3:58am
Quoting Jako
{quote} Hi Dale - You've put 1.0598 again? Is that right? Hasnt that level given already?
Jako, It is an updated table with AUD levels. So EU level of 1.0598 is tested
  • #6,077
  • Mar 7, 2017 4:07am Mar 7, 2017 4:07am
Quoting brink
{quote} Jako, It is an updated table with AUD levels. So EU level of 1.0598 is tested
Right - so it shouldn't be on the table then?
Always look for reasons not to take a trade
  • #6,078
  • Mar 7, 2017 4:10am Mar 7, 2017 4:10am
Quoting Jako
{quote} Hi Dale - You've put 1.0598 again? Is that right? Hasnt that level given already?
sorry, totally I forgot to delete the level. Thanks very much for letting me know
  • #6,079
  • Mar 7, 2017 4:18am Mar 7, 2017 4:18am
euro considered tested? million dollar question here.
  • #6,080
  • Mar 7, 2017 4:18am Mar 7, 2017 4:18am
Both Aud long and eur long look tested now.
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