Learn how Trader Dale locates the best trading opportunities by conducting thorough market analysis!
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 […]
This screenshot is from my friend “Sandmann” from my Forex Factory thread. Here you can see my last 5 levels that I published for USD/JPY. As he said “USD/JPY is working wonders lately”. Agreed it really does – 5/5 trades were profits!
USD/JPY is working wonders lately Read More »
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
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
USD/JPY 111.34 long The last trade of the month. Market made 11 pip reaction so if your spread was below 1 pip (hopefully it was- I have now 0,2-0,3 on USD/JPY) you should have a profit there.
USD/JPY 111.86 short Even though there was a strong counter trend the market made a more than 10 pips reaction to my short level. In cases like this (strong counter trend and end of day) it is better to go just for 10 pips and don’t be too greedy. This was the only trade today.
USD/CAD 1.3332 long This level was hit during asian session and the market went 8 pips against it. After that it turned and made the +10 pips profit. This was the only trade today.
EUR/USD short from 1.0752 This was the first trade of the day and it was hit in the asian session. It was very strong level and I was very surprised when I saw there was no reaction to it and resulted in -12 pip SL. It was also quite weird that the market was in
There were two nice trades today. First was EUR/USD short from 1.0768. At first the market went 8 pips against the entry but then made a strong reversal and gave +10 pips profit and +20 pips profit to those who traded using Ziggy’s method. Right now the market made over 35 pips in the direction
Today was a really busy day. There were 6 trades today. Lets have a look at all of them: EUR/USD long 1.0633: Very quick and precise reaction. Good trade with +10 pips profit AUD/USD long 0.7545 The market went 5 pips against my position, then went in the right direction and made quite a long
14.3. – 6 trades today! Read More »
There was very precise and quick +10 pips reaction to the level. The market wasn’t able to go higher today, my level was the high of the day. Cool! If you traded my method then it was +10 pips profit for you. If you traded using Ziggy’s Alternative approach and had a bit of patience,
13.3. AUD/USD short 0.7592 Read More »
If you took this intraday level, set 10 pips PT and -12 pip SL it would ended in full stop loss. However I took almost full profit (+9.2 pips). Here are my thoughts that led me to trade the level as I did. there is a long rotation few pips before my short level. Market
9.3.2017 EUR/USD short 1.0555 Read More »
This trade was a bit tricky. The reason was that there was a slight difference between Forex and Futures prices. The price touched my level at Futures but didn’t touch it at Forex. As you probably already know I watch futures and trade Forex so I took the trade. There was very precise qnd quick
7.3.2017 eur/usd long (1.0557) Read More »
Today’s first trade was eur/usd short from 1.0598. It was a nice and clear trade because there weren’t any factors that would make you think whether to take it or not. Thare was also quite a lot of time to enter the trade. I took the trade and got out with +10 pips profit. If
7.3.2017 eur/usd short (1.0598) Read More »
Unfortunatelly the price turned 1 pip sooner and made quite a strong reaction (over 15 pips). I consider this level already tested and won’t trade it anymore. If you aren’t familliar with this approach (discarding levels when the price turns sooner) I suggest you read this article: Basic rules for intraday trades. Happy trading! Dale
7.3.2017 aud/usd long (0.7583) 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.
