Mine did just nick the level, & I'd like to say I traded it.......... but I'd be lying if I did, closed out the first one at BE a while back. image

Trader Dale - daily trading levels

only euro - with regard to NFP, I will wait until the volatility has subsided, as a point of note the US interest rate rise is a foregone conclusion now so I'd expect that unless there is a shock number it won't be like it can be!!

Trader Dale - daily trading levels

Thanks Dale, I just hope that anyone who tries it this way remains mindful of tests & macro news events!! Cheers Ziggy

Trader Dale - daily trading levels

only providing you take note of points 1. & 2. of my post, although I don't know for certain I feel pretty confident that trading the Asian session would have worked out well. I can tell you that had points 1. & 2. been ignored the result would be ...

Trader Dale - daily trading levels

I might regret posting this, but I know some folks are struggling with stops and trade management etc. I am NOT making this as a recommendation, simply an observation. I haven't or wouldn't have taken any trades where any of the following applies: ...

Trader Dale - daily trading levels

My stop hasn't been hit, so I am still long EU, there hasn't been much of a reaction either way yet, if this gets in front by 7-8 pips then at the very least I won't be taking a loss on it, if the stop is hit....... that's what I have stops for, ...

Trader Dale - daily trading levels

the zone had already been visited/tested - that is the time to delete the order, the earlier post I made with the chart on shows this, had there been a another short level higher up the page that 2nd level would still remain valid, that is the ...

Trader Dale - daily trading levels

we only need to delete the level that has either been tested or traded, all other levels remain valid until they have either been tested or traded, each level represents a stand alone level of activity which resulted in a significant move, so it ...

Trader Dale - daily trading levels

Hi Radaway, Dale did say earlier that the EU had been tested and that he was unlikely to trade it, the way to look at the levels is to think of them as a line in the sand within a zone, the zone will cover an area either side of the level. If you ...

Trader Dale - daily trading levels

luvvly jubbly Cad half off at +10 looking for a bit move on the balance or a +2 stop Thanks Dale image

Trader Dale - daily trading levels

thanks Dale - happy hunting

Trader Dale - daily trading levels

Hi Jinky, I would say you were trading at the time one day rolls over into the next, different brokers treat this in different ways, some will charge interest which in principle is you get the prevailing interest paid to you on the currency you have ...

Trader Dale - daily trading levels

Morning all, looks like a great day to be early, not so good if you're late!! Nice going Dale. Sadly I have missed all of these early(ish) entries as I have a bit of a birthday bash to celebrate, my lovely next door neighbour is 100 years old today ...

Trader Dale - daily trading levels

I dont think it would make any difference to me Dale as on the charts I use I don't have futures, we are all grateful for what you do, sometimes we miss things but I can't imagine anyone here has any complaints. Thanks Ziggy

Trader Dale - daily trading levels

that's interesting as it's 1.06333 on my fxcm feed, but my feed is a demo acct, I actually trade on a different platform but take my signals from fxcm

Trader Dale - daily trading levels

never quite got there for me Dale and I wasn't going to chase it - less than a pip away as well there is always tomorrow. I've still managed to grind out a profit on the day so alls well in my world

Trader Dale - daily trading levels

traders without stops ........................ sorry! image

Trader Dale - daily trading levels

what a beauty that Cad level would have been were it not for the macro news................ or maybe it was because of the macro news, if anyone did trade it then they are considerably better endowed than I am

Trader Dale - daily trading levels

no rabhni, those are trades on stock market indices and use a very different entry approach - I was really using that info as background for suggesting that low risk trading with a high strike rate can become a mind destroyer if you risk too much of ...

Trader Dale - daily trading levels

not sure how everyone else traded that yen move, if at all, got very close to the level and pulled away, touched the level and pulled away - that 113.000 BRN looked like a magnet & if touched was likely to go thru with a thrust - I took the decision ...

Trader Dale - daily trading levels