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Attachments: Trader Dale - daily trading levels
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Trader Dale - daily trading levels

Just like Dale has repeatedly mentioned. His method is not a holy grail but the probability is high enough to support an upward sloping equity curve. In my opinion Dales method is simple, he looks for an area where there would be a reaction of at least 10 pips. Some of those areas leads to reversals but he has mentioned that his psychology is not built to hold on for home runs. We are at liberty to twerk the method to suit our personalities but we must remember we wont most likely get the same win ratios.
If you are new just follow the owners manual and you will be fine.
Quoting Trader-Dale
{quote} Iam not sure what you want me to modify. Could you please explain if I have something wrong?
Post #1 is allowed to the modify so the thread starter can add updates, revisions, etc... at a later date.
My request is for you to put your formulas, methods, rules, indicators, templates, etc... in Post #1.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
Quoting TooSlow
{quote} Post #1 is allowed to the modify so the thread starter can add updates, revisions, etc... at a later date. My request is for you to put your formulas, methods, rules, indicators, templates, etc... in Post #1.
I believe part of his formula is psychology in market,,,,its tough to explain,,,,please keep in mind Trader Dale doesn't have to share his wisdom!
Quoting TooSlow
{quote} Post #1 is allowed to the modify so the thread starter can add updates, revisions, etc... at a later date. My request is for you to put your formulas, methods, rules, indicators, templates, etc... in Post #1.
"My trading levels are based mostly on Market profile, orderflow and price action" from post 1, no formula, no indicators, no templates. Everything else that has developed in the thread has come about because we are all trying to get a better feel for this style of trading, many people have posted attachments etc to try to emulate what Dale does on an MT4 type of platform, including myself.

Dale must have said 100 times he uses, MP, PA & OF to find levels, which he does from futures charts, He posts the levels he is interested in trading every day, with screen shots of the chart, and generally at the end of the month posts his results.... which are mighty impressive. I have kept a spreadsheet running for every level posted and can personally vouch for the accuracy of the levels.............. so honestly, I don't think Dale needs to do anything more than he is already doing.

Cheers Ziggy
Is this a trade in the making? Long from 85.85
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USD still celebrating rate hike....
Trading is always about trader and never about indicator(s).
Quoting ruma29
USD still celebrating rate hike....
yes,,,,,it doesn't look like we will reach any of the levels for todays trading,,,,
Quoting rabhni
Is this a trade in the making? Long from 85.85 {image}
I haven't picked up on any aussie news, but the way it's tanking suggests something more than a liquidity drive to me, falling against everything. Good luck if you take it on, certainly worth observing
Quoting ruma29
USD still celebrating rate hike....
.........
Quoting ziggy
{quote} I haven't picked up on any aussie news, but the way it's tanking suggests something more than a liquidity drive to me, falling against everything. Good luck if you take it on, certainly worth observing
Was going to demand level at 0.7271 on daily chart...might continue next week. many other pairs are doing similar things.
A few Dax trades for me today, turned out nicely despite it being quadruple whitching day. Nothing on the FX charts tho. The big winddown starts next week, thin liquidity and short term volatility likely to take greater effect as the week moves on. Not yet sure when I'm calling a halt to trading, but when I do that'll be it until 2017. I'll be interested to hear what all you hardecore trading junkies are planning

I'm done for the week, have a great w/end folks and see you next week.

Cheers Ziggy
Quoting radaway
{quote} .........
Hmmmmm.....
Quoting ziggy
A few Dax trades for me today, turned out nicely despite it being quadruple whitching day. Nothing on the FX charts tho. The big winddown starts next week, thin liquidity and short term volatility likely to take greater effect as the week moves on. Not yet sure when I'm calling a halt to trading, but when I do that'll be it until 2017. I'll be interested to hear what all you hardecore trading junkies are planning I'm done for the week, have a great w/end folks and see you next week. Cheers Ziggy
was certainly not a thrifty week this one.
on just a side note , the eur/usd is slightly beginning to twinge as I write

G'weekend to you too mate & All here.
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Quoting Trader-Dale
Intraday levels for 16.12.2016 PT 10 pips, SL 12 pips. Happy trading {image} {image}
Trying to figure out how Dale looks at the futures market profile and incorporates that into the spot levels, im wondering why he posts the market profile for the actual spot forex pairs we're trading, not the futures contracts. Is there a way to overlay the market profile from the futures contracts onto the spot charts on tradingview? If so, could someone cast some light on how to go about doing that?
Quoting ziggy
He posts the levels he is interested in trading every day, with screen shots of the chart, and generally at the end of the month posts his results.... which are mighty impressive. I have kept a spreadsheet running for every level posted and can personally vouch for the accuracy of the levels.............. so honestly, I don't think Dale needs to do anything more than he is already doing. Cheers Ziggyte} "My trading levels are based mostly on Market profile, orderflow and price action" from post 1, no formula,...
Do you want a fish or to learn how to fish?
I would like to learn how he fishes.
Do not want to be dependent.


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My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
TooSlow.Try
Find price levels byyourself and compatre with levels posted here as a reference.
Then u can judge if u know How to get that fish.
Speaking of keeping levels for multiple days as long as theyre still fresh, that AUDUSD level @.7376 has the chance to be a monster runner if price returns early next week, now that price has broken through daily demand below. If that does happen, i'll probably leave a 3rd of my risk on for something around .7254 as a final target, see if price can test the daily demand level below the one it just broke.
Quoting TooSlow
{quote} Do you want a fish or to learn how to fish? I would like to learn how he fishes. Do not want to be dependent. {image}
soooo true,,,,,however, he don't need to explain anything! offering up a winning system isn't good enough???
sometimes its better to just watch and listen,,,
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