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Trader Dale - daily trading levels

  • #21
  • Sep 27, 2016 6:00am Sep 27, 2016 6:00am
usd/jpy profit +10 pips
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  • #22
  • Sep 27, 2016 6:07am Sep 27, 2016 6:07am
Quoting Trader-Dale
Hello my friends! In this thread I will post my daily predictions on intraday trading levels. My trading levels are based mostly on Market profile, orderflow and price action. You are all welcome here to trade them and I would love some feedback from you on how you like them and if you trade them sucessfully.

Following.. Thanks for your contributions

I agree with HappyMe very much.. I think you should use this thread to start providing guidelines for learning your method since Forex is not centralized and volume is not visible in its entirety to every trader, hence the not accurate MP..

Cheers
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #23
  • Sep 27, 2016 6:09am Sep 27, 2016 6:09am
Quoting HappyMe
Hi Dale, Very good idea!! I will follow it. You said: "My trading levels are based mostly on Market profile, orderflow and price action" I would like to know how you come to those levels. Is there a way to explain or read about the method you are using?
Hi,
I really don't want to sound secretive, but there are so many things I consider while making my levels it really isn't just a simple method. But if you want to know more about market profile or orderflow, try to find some videos on youtube. At least you can see how they work and what is the basic logic behind.
  • #24
  • Sep 27, 2016 6:10am Sep 27, 2016 6:10am
Quoting TudorIoan
Good idea to start your own thread, Dale! I'll follow your trading ideas, experimental mode first. Keep it updated, please! I'll be around.

Nice to see you excited about something Tudor
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #25
  • Sep 27, 2016 6:11am Sep 27, 2016 6:11am
Quoting baherhosni
{quote} Following.. Thanks for your contributions I agree with HappyMe very much.. I think you should use this thread to start providing guidelines for learning your method since Forex is not centralized and volume is not visible in its entirety to every trader, hence the not accurate MP.. Cheers
ok. I can give you few tips You are absolutely right about that forex isn' centralized and volumes are inaccurate there. Thats why I use futures and then calculate the level values into forex.
  • #26
  • Sep 27, 2016 6:16am Sep 27, 2016 6:16am
Quoting Trader-Dale
{quote} ok. I can give you few tips You are absolutely right about that forex isn' centralized and volumes are inaccurate there. Thats why I use futures and then calculate the level values into forex.
There you go!!

That was TIP#1 guys..

use futures and then calculate the level values into forex

Probably using ratios right? now your "talken"
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #27
  • Sep 27, 2016 6:24am Sep 27, 2016 6:24am
Quoting Trader-Dale
{quote} ok. I can give you few tips You are absolutely right about that forex isn' centralized and volumes are inaccurate there. Thats why I use futures and then calculate the level values into forex.

Thats great Dale,I'm happy you explained your volume calculations,tick volume is not good.
  • #28
  • Sep 27, 2016 6:25am Sep 27, 2016 6:25am
Quoting baherhosni
{quote} Nice to see you excited about something Tudor
Come on, Baher lol
Dale has nice statistics this month. Why shouldn't we check out his tips?
I'm following carefully, in the safe mode (better demo), small volumes the next few weeks and if the succesfull rate remains almost the same, maybe I'll start the big money relying on this
Well, we should be aware the risk to depend on him until we'll became very rich people LOLOL
Member
  • #29
  • Sep 27, 2016 6:37am Sep 27, 2016 6:37am
Quoting TudorIoan
{quote} Come on, Baher lol Dale has nice statistics this month. Why shouldn't we check out his tips? I'm following carefully, in the safe mode (better demo), small volumes the next few weeks and if the succesfull rate remains almost the same, maybe I'll start the big money relying on this Well, we should be aware the risk to depend on him until we'll became very rich people LOLOL

Ok buddy
I honestly don't doubt Dale's methodology, after all it is still about finding the right RS levels to trade right?

Dale's method is hopefully a scientific method to some prefer levels than others..

There was this other trader who was concerned about "volume zones" (he called it) a while ago, but he was just marketing for hos blog and not sharing, so I got angry with his for that reason..

Anyway, I trust your sense, so will follow along too.
I still need a trading break soon!!! "Loose some to win more" --Baher A.
  • #30
  • Sep 27, 2016 6:42am Sep 27, 2016 6:42am
Quoting baherhosni
{quote} Ok buddy I honestly don't doubt Dale's methodology, after all it is still about finding the right RS levels to trade right? Dale's method is hopefully a scientific method to some prefer levels than others.. There was this other trader who was concerned about "volume zones" (he called it) a while ago, but he was just marketing for hos blog and not sharing, so I got angry with his for that reason.. Anyway, I trust your sense, so will follow along too.
..yep, sounds reasonable.
Keep it up the good work, Dale!
Member
  • #31
  • Sep 27, 2016 6:44am Sep 27, 2016 6:44am
Quoting TudorIoan
{quote} ..yep, sounds reasonable. Keep it up the good work, Dale!
ok. thanks guys
  • #32
  • Sep 27, 2016 6:53am Sep 27, 2016 6:53am
Quoting Trader-Dale
{quote} ok. thanks guys
You're very welcome! Just make us rich LOL
Member
  • #33
  • Sep 27, 2016 9:35am Sep 27, 2016 9:35am
Dale - great call on USD/CAD again dude! Good trades +10 Thanks so much man!!! I've traded for years but being able to use my style and have your support lines has really helped me put in better entries!
  • #34
  • Sep 27, 2016 9:40am Sep 27, 2016 9:40am
Love to see people succeed by way of their own creativity. Especially us little guys. Great work Dale, I haven't really looked at your stuff but will now. It pays to keep an open mind in this business!

Good luck bro!
If you're not in the 5% yet it's because you have to try 95% harder.
  • #35
  • Sep 27, 2016 9:41am Sep 27, 2016 9:41am
Quoting baherhosni
{quote} There you go!! That was TIP#1 guys.. use futures and then calculate the level values into forex Probably using ratios right? now your "talken"
This is brilliant. It makes completely sense. I never understood how some people claim to trade VSA using the "volume" provided by their broker. Non sense. But this approach of using the real volume from the Futures is a pretty good idea.
I'll be following and hopefully learn something from you. I already did today!
Cheers
  • #36
  • Sep 27, 2016 9:45am Sep 27, 2016 9:45am
Quoting livetotrade
Dale - great call on USD/CAD again dude! Good trades +10 Thanks so much man!!! I've traded for years but being able to use my style and have your support lines has really helped me put in better entries!
You are very much welcome! It is good idea to use my levels as support and trade your own style that suits you!
  • #37
  • Sep 27, 2016 9:46am Sep 27, 2016 9:46am
Quoting Dr.Octagon
Love to see people succeed by way of their own creativity. Especially us little guys. Great work Dale, I haven't really looked at your stuff but will now. It pays to keep an open mind in this business! Good luck bro!
Hi,
Iam glad you like what I do and that you decided to follow
  • #38
  • Sep 27, 2016 9:47am Sep 27, 2016 9:47am
Quoting keen246
{quote} This is brilliant. It makes completely sense. I never understood how some people claim to trade VSA using the "volume" provided by their broker. Non sense. But this approach of using the real volume from the Futures is a pretty good idea. I'll be following and hopefully learn something from you. I already did today! Cheers
Iam very glad to hear that you learned from me! Keep it up mate!
  • #39
  • Edited 10:15am Sep 27, 2016 10:04am | Edited 10:15am
Since you are so nice guys today with such a positive feedback, here is a BONUS short level for eur/usd: 1.1208 short. PT 10, SL12 as always.
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Watch out for FOMC member Fisher - dont trade during his speech!
  • #40
  • Sep 27, 2016 12:18pm Sep 27, 2016 12:18pm
Quoting Trader-Dale
Since you are so nice guys today with such a positive feedback, here is a BONUS short level for eur/usd: 1.1208 short. PT 10, SL12 as always. {image} Watch out for FOMC member Fisher - dont trade during his speech!
Hi Dear Trader-Dale,
can u please give me answer from my attach picture ?
thanks
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Any broker, same result
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