well I'm going to be over this one like a rash given the volume previously traded here, but my stop is going to be above the highlighted highs
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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
DislikedI just don't want Dale's levels to get to the wrong people or do something that could potentially hurt their accounts unless they're 100% sure they know what they're doing.Ignored
DislikedTrader Dale got his level correct again I know you have a few dissers and idiots on T2W who think its all a scam etc - but from what I have seen so far over the last 2 months is a professional trader who as worked out both S & R and supply and demand levels and is very accurate.Ignored
DislikedI don't understand 1.0615 was never reached unless your spread was very big?Ignored
Disliked{quote} Hi Dale, Thank for sharing. I have a question about VPSV indicator you are using. Does it change value of the volume row when you change time frame? For example, if you change TF to 5 min or 1 hour, do those rows change a bit or exactly same to TF 30 min? Thank you.Ignored
Disliked{quote} hi Trader Dale, could you plz explain this to me. I am talking about Post# 1540. thanks.Ignored
Disliked{quote} wasn't reached for me either Dk, but you have to say the level was deadly accurate, but for the want of 1 pip we'd all be sitting pretty, I'm sure some will have taken it anyway, I was sorely tempted but when it dropped down I wasn't going to chase it. Have to leave it as one that got away - there will always be othersIgnored
Disliked{quote} There was 2nd test which I usually don't trade but there was an activity that I saw in orderflow that indicated that there still is good level to trade even for 2nd test, so I took it. Basically I think there were large limit orders filled there.Ignored
Dislikedjust created an account to say: thank you trader Dale! your different approach is very helpful and the results are just impressiveIgnored
DislikedDale I really like what I have been reading, and I will be checking for your signals and testing if I can trade like everyone here, Thanks for all your info and time in this forum. RovingmuttIgnored
Disliked{quote} the results are impressive... consistent, amongst the best results ive seen on here, if not the best... consistent results could easily yield more confidence... taking lets say a 500 account and risking 10% as an example and winning net of 10 trades in a month takes you to about 8700 in 3 months... now i dont want to put anything into people's heads but the results are there, 10% on a 500 account is 50 - most people will trade risking more than that anyway around here on their usual account so i see no harm in trying... btw - starting from...Ignored
Disliked{quote} Hello Sxy, RRR 1:1 means that the Reward Risk Ratio is 1 to 1. Means if you are risking 10 pips then you are targeting 10 pips as well. Similarly if you risk 20 pips then you target 20 pips. so the ratio remains 1 to 1. Dale always suggests 12-pip stop loss and a 10-pip target. And if you are new to Forex then you can start with trading Micro lot (0.01). Hope it helps KhalidYIgnored
Disliked{quote} While risk management is up to the individual, I don't know if everyone who's reading this thread knows how to manage risk propperly. I guess this is alright on small accounts, but I personally wouldn't recommend this later on. Imagine risking 10% on a 50k account. How would you feel if you lost 5k on a single trade one day? What if you lost 2 in a row and lost around $10k in one day? Yeah, you might still get it back later on, but what if (for whatever reason) the stop doesn't trigger? (ie: an unexpected event). High risk trading is not...Ignored