Trader Dale - daily trading levels | Page 81 | 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

  • #1,601
  • Dec 8, 2016 4:04pm Dec 8, 2016 4:04pm
Quoting Trader-Dale
So did you you guys take the 3rd winner today? {image}
Hi Dale
on post 1571 we learned that once a level is hit, It is not level to trade anymore. The 2nd aus/usd today seems a bit contrary to the post 1571 experience.
The key question is : 'when to' & 'when not to' (for the 2nd level) ?
or do we go for it- unless you mention otherwise on this thread ?
  • #1,602
  • Dec 9, 2016 2:39am Dec 9, 2016 2:39am
au7474 has just been visted with tp
  • #1,603
  • Dec 9, 2016 2:52am Dec 9, 2016 2:52am
Intraday levels for 9.12.2016
PT 10 pips, SL 12 pips.
Happy trading
Attached Image

Attached Image (click to enlarge)
Click to Enlarge Name: 9.12. print.png Size: 244 KB
  • #1,604
  • Dec 9, 2016 5:58am Dec 9, 2016 5:58am
Audusd done. Green pips. Eurusd had some reaction 2 3 pips before. I don't know if better not to trade. Dale?
  • #1,605
  • Dec 9, 2016 6:00am Dec 9, 2016 6:00am
Thanks Trader-Dale, my first pips on AU are at home
  • #1,606
  • Dec 9, 2016 6:01am Dec 9, 2016 6:01am
Quoting pipsandbits
Audusd done. Green pips. Eurusd had some reaction 2 3 pips before. I don't know if better not to trade. Dale?
I wont trade eur/usd long anymore. There still may be a reaction though but it is safer not to trade it anymore. the downmove is pretty strong.
  • #1,607
  • Dec 9, 2016 6:03am Dec 9, 2016 6:03am
aud/usd +10 pips profit now!
Quick and precise reaction. thats what i like. Do you guys have it?
Attached Image (click to enlarge)
Click to Enlarge Name: 9.12. aud profit.png Size: 42 KB
  • #1,608
  • Dec 9, 2016 6:07am Dec 9, 2016 6:07am
AUD/usd short still okay ?? or wait to move up
  • #1,609
  • Dec 9, 2016 6:12am Dec 9, 2016 6:12am
Quoting sucess4hasee
AUD/usd short still okay ?? or wait to move up
AUD/USD short already tested. See Dale's post above yours
Never argue with a fool; onlookers may not be able to tell the difference.
  • #1,610
  • Dec 9, 2016 6:13am Dec 9, 2016 6:13am
First post on this thread and first trade from this thread - AUD/USD thanks a lot Dale
  • #1,611
  • Dec 9, 2016 6:24am Dec 9, 2016 6:24am
Quoting majrou666
Thanks Trader-Dale, my first pips on AU are at home
Thats great!
  • #1,612
  • Dec 9, 2016 6:24am Dec 9, 2016 6:24am
Quoting Trader-Dale
aud/usd +10 pips profit now! Quick and precise reaction. thats what i like. Do you guys have it? {image}
love it thanks Dale +10 on half and +20 on the other half, I have swerved the EU entry.

Even I could spot where the aussie entry was good volume and a steep reaction from that volume, also the VPOC location (on my chart it was anyway) and right up in the value area, the high of yesterday was also not that far away as was the BRN, was sorely tempted to hold this one all the way down to about 7450 but pips in the bank are better than pips on the chart To be honest just one of those clear cut opportunities per day would be a dream
  • #1,613
  • Dec 9, 2016 6:26am Dec 9, 2016 6:26am
Quoting Prax
First post on this thread and first trade from this thread - AUD/USD thanks a lot Dale
Welcome mate and congratz! Shame you werent here yesterday. It was literally Christmas!
  • #1,614
  • Dec 9, 2016 6:28am Dec 9, 2016 6:28am
Quoting ziggy
{quote} love it thanks Dale +10 on half and +20 on the other half, I have swerved the EU entry. Even I could spot where the aussie entry was good volume and a steep reaction from that volume, also the VPOC location (on my chart it was anyway) and right up in the value area, the high of yesterday was also not that far away as was the BRN, was sorely tempted to hold this one all the way down to about 7450 but pips in the bank are better than pips on the chart To be honest just one of those clear cut opportunities per day would be...
Good trade right? Congratz! I was looking forward to trading this one. I also considered going for 20 pips but I didn't tempt my luck and took 10 pips.
  • #1,615
  • Dec 9, 2016 6:37am Dec 9, 2016 6:37am
Quoting Trader-Dale
{quote} Good trade right? Congratz! I was looking forward to trading this one. I also considered going for 20 pips but I didn't tempt my luck and took 10 pips.
Be careful with EU longs, there has been news about ESM is not going to give money for Italians Banks' Rescue Plan.
  • #1,616
  • Dec 9, 2016 6:39am Dec 9, 2016 6:39am
Quoting Lavanda
{quote} Be careful with EU longs, there has been news about ESM is not going to give money for Italians Banks' Rescue Plan.
Thanks for the news mate. Appreciate that.
  • #1,617
  • Dec 9, 2016 6:39am Dec 9, 2016 6:39am
Aussie short was a beautiful trade. Easy and simple. Well done Dale for these levels.
  • #1,618
  • Dec 9, 2016 6:39am Dec 9, 2016 6:39am
Quoting Trader-Dale
{quote} I wont trade eur/usd long anymore. There still may be a reaction though but it is safer not to trade it anymore. the downmove is pretty strong.
Thanks for the timely warning here Dale
  • #1,619
  • Dec 9, 2016 7:01am Dec 9, 2016 7:01am
Quoting Trader-Dale
{quote} Thanks for the news mate. Appreciate that.
After such a strong movement from EU? Haven't you got a new level for short below 1,0630?
  • #1,620
  • Dec 9, 2016 7:30am Dec 9, 2016 7:30am
Hi Dale. Using price action, and MP indicators and S&R, I can define a level quite similar to yours, but not so accurate like you find them. I guess it is due to the fact that my MP indicators are based on my broker data. Also I find some other levels, quite defined that sometimes work but less efficient than yours. The levels I find using my MP Indi are moved from yours from 2/3 pips until 10/12. So not enough accurate using an SL of 12 p and a TP of 10.What kind of extra tool I will need to improve?
18 traders viewing now