Hello my friends! Here is an idea for a swing trade on NZD/CAD. Now It looks quite a risky trade to go against so strong selling activity. Nevertheless I took the trade. It is based mostly on price action and market profile. Good luck and happy trading Dale
NZD/CAD swing trade Read More »
I wrote a new blog post about psychology and turning a good day into a bad day. You can read it HERE. Enjoy!
Sometimes there are days when the market does exactly what you want. For example today’s EUR/USD. Both my short and long levels were hit, the market made quick and precise reaction and I took 2 nice profits. There was no uncertainity nor too much nervousness about it. Just two clean and quick profits. Have a
Don’t let a good day turn into a bad day! Read More »
Good news! Iam now again able to continue in my activities at my Forex Factory thread.
Forex Factory working again Read More »
I was temporary suspended from Forex Factory. I think it was probably because I mentioned my website there. I will have their” verdict” within 24 hours. I will keep you updated.
Forex Factory suspension Read More »
Those wishing for a bit of education have a look at my TradingView profile (https://www.tradingview.com/u/Trader_Dale/#published-charts) there are all my levels with a brief commentary.
February was one of the more tough months. There were 34 intraday trading levels that were hit. 22 were winners, 10 losers and 2 trades ended around break even. All in all +97 pips profit (January was over 160 pips). It was not just less pips but also more difficult trading. Some levels were hit
Hello guys, I think that it will be safer not to trade intraday levels today (Trump effect, BOC rate statement,..). I will post new levels in the evening (before asian session). Take care
Check out new article about Alternative approach to trading my intraday levels! Thanks to my friend Ziggy who wrote it.
Here is an article written and kindly provided by my friend Ziggy. He is a professional trader and this is his alternative way to approach trading my intraday levels. I really like this method and I strongly recommend trying it! Thanks Ziggy! You can thank him in the new forum on my webpage! An alternative
Alternative approach – by Ziggy Read More »
Hi guys! Here is my idea for a short trade on NZD/USD. I have made a little contest asking you if you can spot this trading level yourselves. I would like to congratulate you because so many of you found the level themselves. There were some few pip differences but they don’t matter much in
NZD/USD swing trade idea Read More »
Hello guys! Here is my long term prediction for EUR/USD. I hope you like it! Remember it is a long term prediction and lot of factors can change. This is how I see EUR/USD now. Feel free to comment and leave your opinion below!
EUR/USD long term prediction Read More »
Hello my fellow traders! My facebook friends voted for a prediction/analysis of USD/JPY So here it is! Remember it is a long term prediction and lot of factors can change. This is how I see USD/JPY now. Feel free to comment and leave your opinion below!
USD/JPY long term prediction Read More »
I think there is a nice opportunity in AUD/USD for a swing long trade. My long level is 0.7595, SL 0.7510, PT around 0.7680. Have look at my position management article if you are not sure how to trade this Happy Trading Dale
AUD/USD swing idea Read More »
Hello my friends! I would like to summarize my trading in January and tell you some of my observations as well as some news. Here we go! There were about 34 trading opportunities this month. I exclude levels hit in macro news or levels that were discarded because they were tested few pips sooner. There
My trading in January 2017 Read More »
Hello my fellow traders! I would like to welcome you to my new webpage! The reason that led me to do this was that I wanted to build a strong, friendly and helpfull community of traders and help them become professionals. Here you will have all usefull information easily accesible in one place. You will
SL For every swing trade I use different SL. It is because I search the chart for the best place for the stop loss order. When I publish a new swing level I also mention where my SL is (usually in the Swing Video Commentary). However, there are more ways how to exit a losing
Position management – Swing trades Read More »
SL/PT There are many ways how to trade intraday trades. Here are some good ones 10/12 approach I use PT 10 pips, SL 12 pips. Reasons for this are: It simply suits me to trade with RRR around 1:1 Even when the market goes in a strong trend against your position it could make small
Position management – Intraday trades Read More »
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.
This presentation is for educational purposes only and the opinions expressed are those of the presenter only. All trades presented are NOT TRADED IN A LIVE ACCOUNT and should be considered hypothetical.
