Market Analysis

Learn how Trader Dale locates the best trading opportunities by conducting thorough market analysis!

11.5.2017

USD/CAD short 1.3693 This trade was triggered during unexpected news saying that 6 Canadian bank’s ratings were downgraded. Unfortunately this happened in the asian session which I trade using limit orders so I took a SL there. Those trading asian session manually probably avoided this loss. USD/CAD short 1.3766 This trade was triggered 5 minutes

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26.4.2017

EUR/USD long 1.0892 The reaction to this level was extremely precise. Themarket didn’t go against this position not even a single pip. Then there was a 10,3 pips reaction to that level. Those with very low spreads and quick fingers could have banked a +10 pips profit there. Because this trade was so tight I

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24.4.2017

USD/CAD 1.3439 This was very strong long level and I was very surprised that there was almost no reaction to it. I took a loss there. I thought that very strong sellers were present there because there was almost no reaction to this level. For this reason I decided to enter a reverse position. I

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13.4.2017

AUD/USD 0.7526 short This level was hit after Trump’s unexpected remarks about USD being “too strong”. All USD pairs went pretty crazy at that moment. For that reason I decided not to trade anymore (and also because it was almost end of US session). However, if you took this trade it would end up probably

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12.4.2017

EUR/USD 1.0624 short I missed this trade by approximately 0,3 pip. Maybe with different broker there would be a bit different quotation. Some of you maybe got your trade executed. If your entry was filled It would be a nice and quick +10 or +20 pips (if using Ziggy’s approach) profit. EUR/USD 1.0616 short this

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6.4.2017

AUD/USD 0.7562 short Some of you guys told me that they quit this position before US Unemployment Claims news. As I wrote some time earlier on my Forex Factory thread – I don’t usually hold intraday trades during “red” macro news EXCEPT Unemployment Claims. The reason is that if you go back in history you

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5.4.2017

USD/JPY 110,97 short 1 pretty precise reaction to my level. I think there was nothing difficult about trading this one. USD/JPY 111,34 short 2 This level was hit before US ISM Non-Manufacturing PMI news. Some of you entered with smaller position, some quit this level earlier before the news. If you didn’t do anything with

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4.4.2017

What a great day today! 3 winning trades and no loss! USD/CAD 1.3447 short This level was 20 days old! Still I didn’t discard it because I thought this level was so strong that even after 20 days the market would remember it (as I said in today’s daily levels commentary video just before I

4.4.2017 Read More »