{quote} Indeed, Dale do you trade it even if it turns a bit sooner but you see the aggressive price turn on chart? Thanks.
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Dale uses the futures chart, if that gets to the level he trades it. It sometimes means Dale will get a PT where the spot market never reaches the level - doesn't happen often
I was happy to enter despite the reaction, it's within my tolerance and these 2 screen shots perhaps help to explain why I'm ok with trading it. It might not work out but I'm perfectly happy with whatever comes
Dale, for the Aussie short are you look at at Monday's profile or Today's profile?
If Monday's profile then it don't understand it it much because despite being a B profile PA was still bullish, as for today's profile it makes a bit a sense because of the strong drop from today's POC could still have pending shorts left there
{quote} UGH. once again, stopped out at -12 on USD/JPY. I've yet to ever get a profit from Dales picks.
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Where on earth did you guys see a short on USDJPY?
Sorry, not picking on you in particular burntcandle, but really the trend was so bullish there was no viable short trade unless one is a madcap scalper!
Some of the picks are OK but one really has to affirm the trade with sound technical analysis because the idea is to go against the prevailing trend up to that point
{quote} Where on earth did you guys see a short on USDJPY? Sorry, not picking on you in particular burntcandle, but really the trend was so bullish there was no viable short trade unless one is a madcap scalper! Some of the picks are OK but one really has to affirm the trade with sound technical analysis because the idea is to go against the prevailing trend up to that point
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no worries. Do you look at Dales daily picks? 110.95 short for JPY was on his daily for 4/25. So was 110.65, but that didn't fair any better.
Use ea to manage trade.if it hurts use smaller position. {quote}
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You are correct, I could have grabbed up 5pips, that's as close as mine got. But I had just read Ziggys 20/20. And he states not to adjust your SL, let it go. I had a 10 pip SL, and I was going to let it ride. Got burned.
{quote} no worries. Do you look at Dales daily picks? 110.95 short for JPY was on his daily for 4/25. So was 110.65, but that didn't fair any better. edit: His daily levels, not picks (sorry Dale)
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They are good. I suppose eventually the AU and UC and UJ levels will be hit again - looking at the daily chart they are significant levels. But not today - that's almost definite. Maybe if tomorrow the Yen is strong then UJ will be on for a short I would think
Trader Dale - daily trading levels
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