Trader Dale thoughts on some larger profiles 4hr charts on usd/jpy (am long at 113.80) and the aud/usd (am short at .7495). Great setups imho, just curious your thoughts?

Trader Dale - daily trading levels

Trader dale has posted his monthly returns throughout this thread, I think you will find it will answer what you looking for very quickly, imho.

Trader Dale - daily trading levels

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 ...

Trader Dale - daily trading levels

You present an interesting idea that could be factored into adding to the current levels (another level of support and resistance). Seeing this added level, we have an idea where larger pools of money are waiting. Other benefits include added ...

Trader Dale - daily trading levels

Update: Flat EUR/GBP -12

Trader Dale - daily trading levels

I caught this one, the intraday POC has changed to .8683, so for myself looking to take +10 and will exit the trade completely. This will be a slow brew trade based on the time of day like watching paint dry.

Trader Dale - daily trading levels

I have found in my due diligence 30 min time frames have been more consistent with my trades hitting the +10 (at least and runners hitting their 2nd targets). I see the aud/usd level you mention, however it was created today and like to see levels ...

Trader Dale - daily trading levels

Very Nice!!!!, It was 1 pip shy of entry here, current sentiment candle is in your favor, 2nd target still in play at 1.0135.

Trader Dale - daily trading levels

image

Trader Dale - daily trading levels

Looking to long on EUR/GBP at .8671 / Stop -12 / !st target is +10 if hits move stops to B/E +1 / 2nd target is .8690. Looking to short USD/CHF ay 1.0179 / Stop -12 / 1st target is +10 if hits move stops to B/E +1 / 2nd target is 1.0135. The 2nd ...

Trader Dale - daily trading levels

I say if he says anything towards a specific county it may give some opportunity even at jab at Yellen.

Trader Dale - daily trading levels

Careful giving out stuff to Avery (a.k.a. Too Slow & Therumpledone) he has a habit of re-coding things and then asking for a donation for them.

Trader Dale - daily trading levels

Agreed, stopped out with +1, POC moved up to .9725 which price chopped around that area and stopped me out as it bounced.

Trader Dale - daily trading levels

Am short this 1st target is +10 / 2nd Target is .9705

Trader Dale - daily trading levels

Just my 2 cents on your levels: USD/JPY: looks good. EUR/USD: Looks iffy, price is drifting upwards. For myself I like to see price "explode" away from a level. AUD/USD: Looks good, keep in mind it needs to bust through .7300 which is added ...

Trader Dale - daily trading levels

Not sure yet on how much it could make, is why I was asking if anyone does that. Daily setups tend to be easier to see support and resistance along with the added confluence of fibs could make for some nice trades, however the stops are much wider ...

Trader Dale - daily trading levels

Just curious if anyone is doing this on a larger time frame basis what the results have been? For myself intra-day is working like a champ, would like to explore longer time frames (daily) and see if the dynamics are similar.

Trader Dale - daily trading levels

Just curious how much time do you like to see pass for new levels to be valid in your eyes? For example during much of the London session have the profile develop and look to trade into the US session.

Trader Dale - daily trading levels

Looking to short USD/CHF 1.0225 / stops at -12 / 1st Target is +10 / move stops to B/E with 2nd target at 1.0175. Keep in mind we have some key USD data points today so keep things on a tight leash, imho. Trade setup is good for EOD.

Trader Dale - daily trading levels

Was also in that trade and was able to grab +20. Good eye on catching that.

Trader Dale - daily trading levels