Trader Dale - daily trading levels | Page 423 | 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

  • #8,441
  • Jul 12, 2017 4:32pm Jul 12, 2017 4:32pm
Hello guys.
I am REALLY glad you liked the webinar. I was trying to give you as much as possible to start using my method and market profile (even if you don't sign-up). So hopefully there was something new and useful to you (even though you are probably familiar with lot of the things I mentioned)
There will be a recording for all who signed up. If you didn't sign up and you want the recording just shoot me an email at: [email protected].
Right now I can give you a .ppt presentation I used for the webinar.
Happy trading!
-Dale
Attached File(s)
File Type: pptx Trader Dale webinar presentation.pptx   3.0 MB | 1,820 downloads
  • #8,442
  • Jul 12, 2017 4:46pm Jul 12, 2017 4:46pm
Quoting HappyMe
{quote} I tried to record the webinar.....Unfortunately the recording went wrong .......... In first he was telling about the smart money About the MarketProfile About price-action in combination with the Market Profile Volume and level-picking He had some examples Ofcourse he explained what his website is ad what you can find on it. There also was a discount for 6 months (available untill friday 14th) And answering many questions.... For me it was a solid talk and so I find it very usefull!!
I screen shot the levels he posted :-) Sorry Dale I couldn't resist :-)

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 175 KB


He is going to send out a recording I believe.
Take 1 step forward, two small steps back
  • #8,443
  • Jul 12, 2017 4:55pm Jul 12, 2017 4:55pm
Quoting DrBeercan
{quote} I screen shot the levels he posted :-) Sorry Dale I couldn't resist :-) {image} He is going to send out a recording I believe.
Yes, there will be a recording.
No problem with the screenshot
  • #8,444
  • Jul 13, 2017 12:13am Jul 13, 2017 12:13am
Quoting Trader-Dale
{quote} Yes, there will be a recording. No problem with the screenshot
I Dale

I attended your very interesting webinar.
I wonder why you didn't consider the short 1.1457 level on EU (cumulation, strong rejection of higher prices and aggressive selling) in your 13/07 levels
  • #8,445
  • Jul 13, 2017 1:57am Jul 13, 2017 1:57am
Darn it. USDJPY blown out by spread. Oanda. Enough said!
GBPUSD Short was over tested and I should have gone for the level above. Lesson there is how many times a level was touched over a period equals the success rate.
Take 1 step forward, two small steps back
  • #8,446
  • Jul 13, 2017 2:17am Jul 13, 2017 2:17am
Quoting DrBeercan
Darn it. USDJPY blown out by spread. Oanda. Enough said! GBPUSD Short was over tested and I should have gone for the level above. Lesson there is how many times a level was touched over a period equals the success rate.
I had that level too 1.2809. One above 1.28177 was traded before, but held better.
  • #8,447
  • Jul 13, 2017 2:21am Jul 13, 2017 2:21am
Quoting fxdude1
{quote} I had that level too 1.2809. One above 1.28177 was traded before, but held better.
EURUSD
Long 1.14356.
Short 1.1468

USDJPY
Long 112.53
Long 112.34
  • #8,448
  • Jul 13, 2017 12:18pm Jul 13, 2017 12:18pm
Quoting fxdude1
{quote} EURUSD Long 1.14356. Short 1.1468 USDJPY Long 112.53 Long 112.34
Good to see, I had a mammoth day today so didn't get anywhere near the markets and cancelled my orders in the end. One of them I believe had held but ah well. Will apply new energy on Sunday as I have the day off tomorrow.
Take 1 step forward, two small steps back
  • #8,449
  • Jul 13, 2017 1:04pm Jul 13, 2017 1:04pm
Quoting DrBeercan
{quote} Good to see, I had a mammoth day today so didn't get anywhere near the markets and cancelled my orders in the end. One of them I believe had held but ah well. Will apply new energy on Sunday as I have the day off tomorrow.
EURO Bears were determined today and raced passed both levels. Never mind, will have them on our side on the way up. Busy day in the office, so didn't pay much attention what was happening...Have a good weekend.
  • #8,450
  • Jul 13, 2017 1:48pm Jul 13, 2017 1:48pm
There was bunch of sl hunting/ position liquidation into sl area on en,au,an. So few calm days we ll have i think.
  • #8,451
  • Jul 13, 2017 5:37pm Jul 13, 2017 5:37pm
Some USDCAD levels for tomorrow. The 1.2780 is also 38.2 Fib retracement level, will be interesting to see how that pans out.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 172 KB
  • #8,452
  • Jul 13, 2017 11:48pm Jul 13, 2017 11:48pm
AU short 0.7752
Follow the flow of water in a stream
  • #8,453
  • Jul 14, 2017 8:10am Jul 14, 2017 8:10am
Hello guys,
who wants recording of my webinar?
If you want it, shoot me an email: [email protected]
Happy trading!
  • #8,454
  • Jul 14, 2017 10:15am Jul 14, 2017 10:15am
Nice beating on au isnt It?
  • #8,455
  • Jul 14, 2017 11:52am Jul 14, 2017 11:52am
Hi Guys:

The deadline is fast approaching to join Trader-Dales 6 month Market Profile Trading Course and Daily Levels membership, I am still on the fence about joining. Thought I'd ask you guys what you think of Trader-Dales Market Profile trading method? Are you profitable trading his method? I have spent more than I care to say on courses that promised profitable trading but has yet to happen, hesitant to pull the trigger, just want to hear what you guys have to say.

thanks,
davek
  • #8,456
  • Jul 15, 2017 5:19am Jul 15, 2017 5:19am
Quoting davek
Hi Guys: The deadline is fast approaching to join Trader-Dales 6 month Market Profile Trading Course and Daily Levels membership, I am still on the fence about joining. Thought I'd ask you guys what you think of Trader-Dales Market Profile trading method? Are you profitable trading his method? I have spent more than I care to say on courses that promised profitable trading but has yet to happen, hesitant to pull the trigger, just want to hear what you guys have to say. thanks, davek
Hi

May be I 'll have a try during 1 month in September, there is not so much liquidity in august ....
  • #8,457
  • Edited Jul 16, 2017 3:27am Jul 15, 2017 12:11pm | Edited Jul 16, 2017 3:27am
Quoting davek
Hi Guys: The deadline is fast approaching to join Trader-Dales 6 month Market Profile Trading Course and Daily Levels membership, I am still on the fence about joining. Thought I'd ask you guys what you think of Trader-Dales Market Profile trading method? Are you profitable trading his method? I have spent more than I care to say on courses that promised profitable trading but has yet to happen, hesitant to pull the trigger, just want to hear what you guys have to say. thanks, davek
This kind of analysis opens up eyes i think.after getting it and practicing by yrself.
Is valuable tool in trader education.
Dales strategy base on retraces.
Breaking thru level and touching another then retrace.
One nice one i like is just opposite.but uses tools developed in this thread,HappyMe pivot indicator and market prifile with volumes.

It is about stop trades into stop losses.like 30 pips stoploss 30 pip tp trade.
Multiple other options open up i think.
  • #8,458
  • Jul 17, 2017 2:43pm Jul 17, 2017 2:43pm
Eu 1.1440 worked today!
  • #8,459
  • Jul 18, 2017 2:10am Jul 18, 2017 2:10am
nj&&uj too!
eu
1.1459n
1.1449n
1.1413n
1.1374
1.1348
au
0.7821n
0.7758n
0.7728

echf
1.1013
1.0994

eg
0.8864
0.8832
0.8750n

uj
113.25
113.02
112.50
  • #8,460
  • Edited 3:37am Jul 18, 2017 2:49am | Edited 3:37am
Quoting januszo
{quote} This kind of analysis opens up eyes i think.after getting it and practicing by yrself. Is valuable tool in trader education. Dales strategy base on retraces. Breaking thru level and touching another then retrace. One nice one i like is just opposite.but uses tools developed in this thread,HappyMe pivot indicator and market prifile with volumes. It is about stop trades into stop losses.like 30 pips stoploss 30 pip tp trade. Multiple other options open up i think.
Hi Davek,

Well I personally think he is doing a good job.....!! BUT just trading the levels is I not the solutions. It's just a start.... You have to look for a good exit strategy / Money management and know when not to trade(!) that will hold you from some gains, but more important hold you from loses/drawdown!

Always overlook the market by yourself....know why Dale is pointing to a level (and why not), Why he took a level or why not. Learn and practice and finally you can take the levels by yourself! I'm also in that stage at the moment.

Look at my "Trade Explorers" the Live one is a real live-account and is only working with an EA (with specific Rules)
The Demo one is a real Demo-account and also runs only with an EA... but this is my test account... for testing new EA versions.

The only thing I don't like on the Dale's rules are 10pip TP and 12pip SL, especially the 12pip SL! If you have a loser you not only loss those 12pips but also the commission. That together can eat your Balance and looks more bad then just 10TP to 12SL => I investigating why he chooses that TP and SL. I still programming an EA where we can check the past levels (also in combination with rednews moments). If the EA is ready I can start the investigation with the MT4 tester: "what are the best TP/SL settings in combination with my other Rules" (look in this thread for the 5 Rules I use at the moment). And maybe after the exercise I have to change some rules of mine...who knows.

Good luck!
You can manage risk, but you can't manage the return
5 traders viewing now