Trader Dale - daily trading levels | Page 421 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Pinbar trader EA - Trading pinbars off weekly S&R levels 435 replies

Are you a trend trader or a counter-trend trader? 29 replies

RS levels and physic levels are in indicator (created) 3 replies

IkonFX Viking Trader or Pfgbest Viking Trader? 2 replies

Attachments: Trader Dale - daily trading levels
Exit Attachments

Trader Dale - daily trading levels

  • #8,401
  • Jul 7, 2017 3:29pm Jul 7, 2017 3:29pm
Quoting Bestof27
{quote} Hi sevan62 I m having a try at your EA Just an idea, it could be interesting to have an optional alert a few pips before the level is reached, in case we want to monitor the trade ourself.
Hi Bestof27,
I'll add it in the next EA version but just now you may use standard Alarm servise out of the MT4 box.
Attached Image (click to enlarge)
Click to Enlarge Name: Выделение_003.png Size: 69 KB
BR, alex
  • #8,402
  • Jul 7, 2017 4:59pm Jul 7, 2017 4:59pm
Quoting sevan62
{quote} Hi Bestof27, I'll add it in the next EA version but just now you may use standard Alarm servise out of the MT4 box. {image}
Yes but the mt4 alarm is not very convenient when setting multiple alarms.
I m looking forward to testing your next version. And congretulations for what you have already acheived
  • #8,403
  • Jul 7, 2017 5:14pm Jul 7, 2017 5:14pm
Quoting sevan62
{quote} Hi Bestof27, I'll add it in the next EA version but just now you may use standard Alarm servise out of the MT4 box. {image}
Haha I was going to say
So many in the Commercial section want to make me rich! :o
  • #8,404
  • Jul 8, 2017 2:16am Jul 8, 2017 2:16am
Quoting januszo
Guys is Ziggy sl algo usefull to you?Better Than be/after few pips?{quote}
To be honest I turned Ziggis SL off (false), I prefer SL to be moved to BE when +10 in profit and set TP to +12.
I used to be stopped out quite often before, only to see the price is turned in my favour again and would have reached TP.
  • #8,405
  • Jul 8, 2017 9:18am Jul 8, 2017 9:18am
1. Just trade one level per pair. If buy level is triggered, sell level is canceled and vice versa.
2. The levels is valid until 16:00 GMT+3.
3. TP/SL just suggestion.
Attached Image
Follow the flow of water in a stream
  • #8,406
  • Jul 8, 2017 9:43am Jul 8, 2017 9:43am
Quoting spynoza
1. Just trade one level per pair. If buy level is triggered, sell level is canceled and vice versa. 2. The levels is valid until 16:00 GMT+3. 3. TP/SL just suggestion. {image}
Why do you cancel the other level?
So many in the Commercial section want to make me rich! :o
  • #8,407
  • Jul 8, 2017 12:54pm Jul 8, 2017 12:54pm
Quoting FX-Flux
{quote} Why do you cancel the other level?
1. Limit my trading, certainly reduce the risks.
2. My long and short levels tend to have significant distances, so if both levels are triggered in one day it means there is a big movement, it seems risky to trade second level.
Example: UC 07.07.2017, long and short level is triggered, short level hit TP, if I also take long level it seems hit SL.
Follow the flow of water in a stream
  • #8,408
  • Jul 8, 2017 3:41pm Jul 8, 2017 3:41pm
Quoting fxdude1
{quote} To be honest I turned Ziggis SL off (false), I prefer SL to be moved to BE when +10 in profit and set TP to +12. I used to be stopped out quite often before, only to see the price is turned in my favour again and would have reached TP.
Yesterday i took long EC in two halves.

Difference between entry was like 1.46614 and second 1.46624.
First one went to tp 20 ,second got be after 10pips.

On the other side sometimes second trade gets better price.
And ends with tp,
while first ends with be.


There are two steps that we may find separate:
1.Find price level.
2.Position management.
  • #8,409
  • Jul 9, 2017 2:55am Jul 9, 2017 2:55am
Quoting spynoza
{quote} 1. Limit my trading, certainly reduce the risks. 2. My long and short levels tend to have significant distances, so if both levels are triggered in one day it means there is a big movement, it seems risky to trade second level. Example: UC 07.07.2017, long and short level is triggered, short level hit TP, if I also take long level it seems hit SL.
Wow, I see a rule here.
Best it would be to check its significance with coded EA.
From my first checks it looks like UC is having 60-70 pip move that is following level hit.

Since I usually keep all levels at one plate,
rule for me would be :
when level is hit invalidate opposite levels within 70 pips. [all within 70 pips on opposite side of current bid ask]

Anyway, it is just talk without significance proofs.
  • #8,410
  • Jul 9, 2017 6:52pm Jul 9, 2017 6:52pm
eu
1.147
1.1421n
1.1384n
1.1366n
1.1352
1.1311
1.1273
1.1250
1.1183
1.1134
1.1112
1.0975
1.108

au
0.7728
0.7655n
0.7634n
0.7592n
0.757n
0.7556n
0.7537n
0.7491
0.7465
0.7406
0.7391
0.7372

echf
1.1025
1.1018n
1.0973n
1.0953n
1.0942n
1.0920
1.0907
1.0884
1.0834
1.0802n

eg
0.8902n
0.8854n
0.8834n
0.8815n
0.8798n
0.8780
0.8772
0.8738
0.8703
0.8682
0.8640
0.8604
0.8570




uj
114.07n
113.71n
113.45n
113.07n
112.55
112.07
111.95
111.7
111.42
111.23
111.04
110.82

ec
1.4816
1.4798
1.4771
1.4743
1.4720
1.4662n
1.4613

en

1.5748n
1.5696n
1.5648n
1.5631
1.5502n

audnzd
1.0528
1.0483n
1.0469n
1.0422n
1.0376
1.0326
  • #8,411
  • Jul 10, 2017 2:18am Jul 10, 2017 2:18am
Eg tp@8834 anyone?my ea messed up sth and no trade.
  • #8,412
  • Edited 7:51am Jul 10, 2017 3:05am | Edited 7:51am
USDJPY 114.299 tp a level from april MAY10 2017 (edit) sorry must check my dates more carefully, in my log didn't record dates only price level.
made a new google spreadsheet. Accuracy is everything in forex.

Old levels hold up really well, may be a way to archive levels can be very profitable(maybe in the EA)?
next levels, USDJPY 114.587 from 4h chart bit difficult to see in volume as 30 minute chart does't have the data anymore, and 115.378 high from the 10th of march


I also like the idea of the warning in the EA
  • #8,413
  • Edited 4:36pm Jul 10, 2017 6:51am | Edited 4:36pm
Quoting debier
USDJPY 114.299 tp a level from april 10 2017 Old levels hold up really well, may be a way to archive levels can be very profitable(maybe in the EA)? next levels, USDJPY 114.587 from 4h chart bit difficult to see in volume as 30 minute chart does't have the data anymore, and 115.378 high from the 10th of march I also like the idea of the warning in the EA
Yes I can see that level now on 1h chart as 114.298
Next, I have UJ 114.696 from 15.03.17 and
UJ 115.411 from 10.03.1.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 162 KB
Click to Enlarge Name: Screenshot2.png Size: 163 KB
  • #8,414
  • Jul 10, 2017 11:25am Jul 10, 2017 11:25am
I love calm monday trading.
  • #8,415
  • Jul 10, 2017 4:50pm Jul 10, 2017 4:50pm
Quoting fxdude1
{quote} Yes I can see that level now on 1h chart as 114.298 Next, I have UJ 114.696 from 15.03.17 and UJ 115.411 from 10.03.1. {image} {image}
Be careful of the 114.298. There is EXTREMELY weak high. I can almost guarantee that if the price gets near that level it will shoot past it.
  • #8,416
  • Jul 10, 2017 4:52pm Jul 10, 2017 4:52pm
Hello my friends! Don't miss this!!!

I would like to invite you to a special and FREE Market Profile webinar!

In this webinar you will learn:
- How I read and use Market Profile to track big institutions.
- What are the most important pieces of information Market Profile gives us.
- How I create my own trading levels.

SPECIAL BONUS: Three Market Profile trading setups I use every day in my own trading.

After this webinar you will be able to trade using Market Profile on your own!

The webinar takes place this Wednesday the 12th of July 2:00 PM Eastern (New York) / 6:00 PM Greenwich Mean Time

Sign up for the webinar here: https://morrissey.lpages.co/trader-dales-market-profile-webinar/

I am looking forward to seeing you there!
-Dale

PS. I apologize very much if this webinar gets full and you won't be able to join. We are doing it only for 500 people and almost 300 is
already taken.
  • #8,417
  • Jul 10, 2017 6:09pm Jul 10, 2017 6:09pm
My today's trading (quite tough one)
http://trader-dale.com/recent-forex-trades/
  • #8,418
  • Jul 10, 2017 6:59pm Jul 10, 2017 6:59pm
small crash on eu tomorrow

eu
1.1465n
1.1439n
1.1421
1.1409n
1.1366
1.1352
1.1311
1.1273
1.1250
1.1183
1.1134
1.1112
1.0975
1.108
au -nn
0.7728
0.7655
0.7634
0.757
0.7556
0.7537
0.7491
0.7465
0.7406
0.7391
0.7372
echf
1.1025
1.0986n
1.0973
1.0953
1.0942
1.0920
1.0907
1.0884
1.0834
1.0802
eg
0.8938n
0.8902n
0.8815n
0.8798n
0.8784
0.8771
0.8738
0.8703
0.8682
0.8640
0.8604
0.8570


uj
114.19n
113.71
113.45
113.07
112.55
112.07
111.95
111.7
111.42
111.23
111.04
110.82
ec
1.4812
1.4771
1.4743
1.4720
1.4662n
1.4613
en
1.5748n

1.5677n
1.559n
1.5502
audnzd
1.0528
1.0418
1.0376
1.0326
  • #8,419
  • Jul 11, 2017 1:39am Jul 11, 2017 1:39am
Morning guys,
USDJPY
EURUSD
GBPUSD
my levels, see screenshots. No inspiration on other pairs yet.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 170 KB
Click to Enlarge Name: Screenshot2.png Size: 135 KB
Click to Enlarge Name: Screenshot3.png Size: 152 KB
  • #8,420
  • Jul 11, 2017 3:59am Jul 11, 2017 3:59am
Quoting Trader-Dale
{quote} Be careful of the 114.298. There is EXTREMELY weak high. I can almost guarantee that if the price gets near that level it will shoot past it.
absolutely perfect Dale!
18 traders viewing now