UC long 1.32796 anyone? damn! tested!

Trader Dale - daily trading levels

New EU level created - 1.0756? Short....? Any thoughts? Edit: Just took it - up 6 pips so far..... Edit: Closed at +20 pips. Thank you Dale for the principles you have taught. I'd be keen to still know if you would have considered it as a good level.

Trader Dale - daily trading levels

Thanks Dale - when would you consider a level tested on swing trades?

Trader Dale - daily trading levels

Great video! Thank you so much Dale. I hope you don't mind if I ask one question.... 57 seconds into the video on the EU chart you pinpoint where the buying activity within the sideways action started at 1.0633. How do you see that particular price ...

Trader Dale - daily trading levels

USD CAD 1.333- tested

Trader Dale - daily trading levels

Dale - I'm curious why you didn't put EU 1.0667 long (or thereabouts) as a level. You put an equivalent level of 0.76470 on AU ie an area of indecision in an uptrend followed by renewed upward momentum?

Trader Dale - daily trading levels

Dale would you consider EU Level 1.0704 tested? Looks tested now - so frustrating.

Trader Dale - daily trading levels

Dale and others - you always say you love a quick sharp reaction at your levels. Can I ask - if price hits your level and you take a trade and you don't get the quick reaction ie price just wanders up and down slightly for ages - do you consider ...

Trader Dale - daily trading levels

Thanks Sanaulhaq - that's very helpful. Can I ask what you think of 120.88 as well on EURJPY?

Trader Dale - daily trading levels

Sanaulhaq - are you sure you didnt mean 120.88 on EURJPY?

Trader Dale - daily trading levels

Yes - 121.88 maybe UJ will reach there in 100 years time

Trader Dale - daily trading levels

Dale - so I can better understand - I'm looking at AUD USD and seeing a level at 0.75482. Is that a good level? Is that a test?

Trader Dale - daily trading levels

I like it - (for what it's worth) - I wonder what Dale, Ziggy and the other pros think?

Trader Dale - daily trading levels

I'm not sure everyone here will agree but I find from experience that a strategy which involves taking profits earlier than originally intended ultimately can work against you. Emotions of fear and greed are interfering with the trade management. ...

Trader Dale - daily trading levels

Dale would you consider 1.0543 a good level for EU long as there was strong buying activity there following a small downward correction?

Trader Dale - daily trading levels

Missed it by 0.9 pips

Trader Dale - daily trading levels

Right - so it shouldn't be on the table then?

Trader Dale - daily trading levels

Hi Dale - You've put 1.0598 again? Is that right? Hasnt that level given already?

Trader Dale - daily trading levels

Closed EU at +12. Great call Dale

Trader Dale - daily trading levels

I'm in EU but I went for a 14 pip SL above the swing high and a corresponding 14 pip TP

Trader Dale - daily trading levels