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pipsandbits replied Dec 18, 2016So ATM my levels are: (Of course , I will reconsider them if there is a big gap on Monday) eurusd: 1,0509 S 1,0433 B 1.0415 B usdjpy: 115.85 B 115.44 B
Trader Dale - daily trading levels
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pipsandbits replied Dec 18, 2016Here I used same method I posted before, but this time with usdjpy. Blue boxes, too width, I will not trade. Even having good important levels. White lines with good levels, touched, so expired. I traded 118.40, but not 117,47, I missed that one. ...
Trader Dale - daily trading levels
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pipsandbits replied Dec 18, 2016I try to explain it better. From the yellow boxes I draw, just consider the 3 narrow boxes. Why simple, just 7, 5, and 4 pips width each. It means that when price will touch the box zone I expect some reaction. Forget the huge yellow box on the top, ...
Trader Dale - daily trading levels
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pipsandbits replied Dec 18, 2016I had an idea, and I would like to share with you. I used all my MP indicators ( 3 ) + 2 TPO indicators + 1 level sensor. And I draw an horitz. line in each important level that indis showed me on the chart. I used the data from at least a week, on ...
Trader Dale - daily trading levels
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pipsandbits replied Dec 15, 2016Today was a digestive day after Fed news. I guess tomorrow or Monday will show something... let's see if dollar continues cocky or not.
Trader Dale - daily trading levels
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pipsandbits replied Dec 14, 2016All of us read a lot of rules, strategies and bases about risk:reward. Somewhere 1:2, others 1:3, 1:1.5, .... At the end of the day, the most important thing is to find a high % of winning trades. Then having a good money management, is not a ...
Trader Dale - daily trading levels
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pipsandbits replied Dec 13, 2016I guess is the "rule" SL 12 pips and TP 10pips
Trader Dale - daily trading levels
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pipsandbits replied Dec 13, 2016I didnt see audusd touching the level, and decided to skip the level, because I saw some kind of small reaction and support. And then after more than 30min touched the level and almost reached the TP. Easy to get some green pips . I didnt pull the ...
Trader Dale - daily trading levels
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pipsandbits replied Dec 13, 2016Facing 1,24x soon. And maybe after Fed 1,22. I know that Fed decision is mostly in price now, so knowing the rate hike in advance, except if there isn't a surprise cannot see 1,28 / 1,29
Cable Update (GBPUSD)
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pipsandbits replied Dec 12, 2016gbpusd sell 1,2676 SL 1,2781 TP 1,2427 . Time to drop...
Cable Update (GBPUSD)
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pipsandbits replied Dec 12, 2016Just what we see... One question Dale. I saw that depending of the day you post levels in each pair, sometimes in one side (short or long), and others in both. It's because you expect a direction when you post in one side, or just because you detect ...
Trader Dale - daily trading levels
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pipsandbits replied Dec 12, 2016Nice trade on usdjpy. Great Dale! Sniper Dale!
Trader Dale - daily trading levels
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pipsandbits replied Dec 12, 2016eurusd had some reaction at 1,0604 droping 10 pips. Then continued until 1,06138. Didnt reach 1,0615. Still with the finger on the trigger...
Trader Dale - daily trading levels
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pipsandbits replied Dec 12, 2016I think that 116 level has a really strong resistance. I expect some rejection there.
USD/JPY Discussion
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pipsandbits replied Dec 11, 2016Eurusd now 1,0567. So no big gap I expect. Anyway this week the butcher comes to the scene.
EURUSD
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pipsandbits replied Dec 9, 2016Thanks! I will read about orderflow.
Trader Dale - daily trading levels
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pipsandbits replied Dec 9, 2016Hi Dale. Using price action, and MP indicators and S&R, I can define a level quite similar to yours, but not so accurate like you find them. I guess it is due to the fact that my MP indicators are based on my broker data. Also I find some other ...
Trader Dale - daily trading levels