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Trader Dale - daily trading levels

  • #7,801
  • May 20, 2017 9:03am May 20, 2017 9:03am
So how would this look for Monday? Levels in green
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So many in the Commercial section want to make me rich! :o
  • #7,802
  • Edited 9:25am May 20, 2017 9:14am | Edited 9:25am
You wait till stock market to open 930 est and see where price is and then trade according to PA
  • #7,803
  • May 20, 2017 10:10am May 20, 2017 10:10am
Merging profiles when they are all in relevant PA territory is also an option.

Here is the entire weeks action merged into one for a mature profile;

Attached Image


Which put a very clear TPOC at 73.00

I think it's difficult to argue that it was not a relevant inflection point;

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GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #7,804
  • May 20, 2017 10:14am May 20, 2017 10:14am
Quoting The Cableguy
Merging profiles when they are all in relevant PA territory is also an option. Here is the entire weeks action merged into one for a mature profile; {image} Which put a very clear TPOC at 73.00 I think it's difficult to argue that it was not a relevant inflection point; {image}
so that was a weekly profile?
So many in the Commercial section want to make me rich! :o
  • #7,805
  • May 20, 2017 10:39am May 20, 2017 10:39am
I think a merge is ok if there's an inside day otherwise use yesterday's then day before that and maybe even day before that. Look at chart I posted Friday I traded off the extremes then looked at day before that for target and setup to go short from target area
  • #7,806
  • May 20, 2017 10:50am May 20, 2017 10:50am
Yes, i think time decay must have influence, as news events unfold, levels from a few days ago, may have different relevance to current.

Notice how one days value highs eg become the next days POC, often the levels stay relevant, but with either lesser or greater importance.
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #7,807
  • May 20, 2017 10:52am May 20, 2017 10:52am
All I can say CG these levels coupled with price action around them like 2b or 123 are unbelievable
  • #7,808
  • May 20, 2017 10:56am May 20, 2017 10:56am
Quoting Divergence
All I can say CG these levels coupled with price action around them like 2b or 123 are unbelievable
Am in complete agreement D and also, profiling previous action just makes so much sense... Of course, this week's been a little bit mental, mind! )
GoFundMe -stage-4-glioma-brain-cancer-fighter (link in my profile)
  • #7,809
  • Edited 11:18am May 20, 2017 11:07am | Edited 11:18am
Yep
  • #7,810
  • May 20, 2017 11:09am May 20, 2017 11:09am
With the political stuff moving the market price opened out side of the extremes making it easier to hold to other levels to the tune of 380 and I did it in 3 days total time at computer 1.5 hours to make the coin
  • #7,811
  • May 21, 2017 6:28am May 21, 2017 6:28am
Quoting Divergence
All I can say CG these levels coupled with price action around them like 2b or 123 are unbelievable
2b 123??
So many in the Commercial section want to make me rich! :o
  • #7,812
  • May 21, 2017 6:41am May 21, 2017 6:41am
Quoting FX-Flux
{quote} 2b 123??
Those are patterns
  • #7,813
  • May 21, 2017 9:33am May 21, 2017 9:33am
Look to short EC, GC and UC on Monday guys
  • #7,814
  • May 21, 2017 11:58am May 21, 2017 11:58am
Quoting sevan62
Dear traders, here is updated EA version. This trade manager may help you to take care of significant levels, execute and look after the trades, secure profit and so on. In this version: Ziggy's SL moving algorithm (https://www.forexfactory.com/showthread.php?p=9587757#post9587757) added. Lets assume we are talking about a long trade. Once a trade is entered, and any closed 5 min bar has a closing value both above the entry point and above the high point of the previous closed 5 min bar, then EA would move SL to the lowest point reached...

Hi Sevan,

does the EA have to run on 5 min charts for Ziggy's alternative method moving SL to work?

Many thanks buddy.
  • #7,815
  • May 21, 2017 12:56pm May 21, 2017 12:56pm
@Divergence I see you live in the Carolinas. Whereabouts? I'm born and raised in the Carolinas. Right now, I'm in the Charlotte area.

Also, I was looking at your thread in the commodity section for trading on the NASDAQ and I noticed all of your YouTube video links are down. Is there a place to access them?
  • #7,816
  • May 21, 2017 2:13pm May 21, 2017 2:13pm
For the coming sessions my picked levels again....

ps. Don't follow my levels blind, I'm still learning...
Attached Image
You can manage risk, but you can't manage the return
  • #7,817
  • May 21, 2017 2:36pm May 21, 2017 2:36pm
Quoting marinecorps
@Divergence I see you live in the Carolinas. Whereabouts? I'm born and raised in the Carolinas. Right now, I'm in the Charlotte area. Also, I was looking at your thread in the commodity section for trading on the NASDAQ and I noticed all of your YouTube video links are down. Is there a place to access them?
After the hounding i took I just deleted them now those people are left with nothing to profit with
  • #7,818
  • May 21, 2017 2:43pm May 21, 2017 2:43pm
Quoting kenlionheart
{quote} Hi Sevan, does the EA have to run on 5 min charts for Ziggy's alternative method moving SL to work? Many thanks buddy.
Hi kenlionheart,
EA may run on any TF chart. It calculates SL move price basing on M5 independently to which TF chart it is attached to.
BR, alex
  • #7,819
  • May 21, 2017 2:45pm May 21, 2017 2:45pm
Quoting Divergence
{quote} After the hounding i took I just deleted them now those people are left with nothing to profit with
That is such a shame that people feel the need to do that.

Here's to a good week of trading all.
Take 1 step forward, two small steps back
  • #7,820
  • May 21, 2017 4:31pm May 21, 2017 4:31pm
Quoting Divergence
{quote} After the hounding i took I just deleted them now those people are left with nothing to profit with
Trading is a lonely job. I was there when you shared your room and understand what you mean. Thank you by the way, I really enjoyed your approach, besides your vapor sound
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