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Trader Dale - daily trading levels

  • #2,321
  • Dec 20, 2016 1:39pm Dec 20, 2016 1:39pm
Quoting ziggy
{quote} I've noted the same thing, and on a file that I prepared!!! I know for 100% certain there was nothing wrong with the file I loaded, what I don't know is if there is anything wrong with it now. Perhaps tomorrow if Dale wishes he can "destroy" the file that is there & I'll provide a dead certain 100% safe file
Thanks Ziggy
Looking forward to seeing the safe versions
  • #2,322
  • Dec 20, 2016 1:43pm Dec 20, 2016 1:43pm
Quoting steel777
{quote} Thanks Ziggy Looking forward to seeing the safe versions
afaik theres nothing wrong with the files.
I d/l them, got the *beep* message , ignored and opened the doc.
nothing ..absolutely clean..but wont know why the message.
all-in-all..safe
  • #2,323
  • Dec 20, 2016 1:43pm Dec 20, 2016 1:43pm
Quoting tony1200
{quote} ok thanks,,,i didn't know if it was still valid due to the price rising above .7254 for the second time?,,,,i thought maybe the 12 point SL was only in effect til price breaks entry point for the 1st time...
Quick answer of how I see it, assume you are talking of Aussie. The range for the entire day has been approx 35 pips, having breached the level it offered up 7 pips and moved against. Now what we are looking for is professional selling interest, and to be honest it isn't really that evident. So, how would I trade this now - well first my stop would be just above the recent high point or if taking a more conservative approach it would be just above the high of the day. If you get an opportunity to bank say 5 pips now, then why not take it , conserve your capital and wait for a more reactive level. It may well work out but it sure is taking it's time, the longer we are in the market the longer we place ourselves at risk. The alternative is to hang on regardless, but there isn't anything saying to you " this is going well".

Seeya tomorrow, cheers ziggy
  • #2,324
  • Dec 20, 2016 1:46pm Dec 20, 2016 1:46pm
Quoting ziggy
{quote} I've noted the same thing, and on a file that I prepared!!! I know for 100% certain there was nothing wrong with the file I loaded, what I don't know is if there is anything wrong with it now. Perhaps tomorrow if Dale wishes he can "destroy" the file that is there & I'll provide a dead certain 100% safe file
What are the chances your antivirus knows what a .ex4 file is?
So many in the Commercial section want to make me rich! :o
  • #2,325
  • Dec 20, 2016 1:48pm Dec 20, 2016 1:48pm
Quoting adrian w.
Did you guys tightened stops to BE on audusd short? It has done around 7 pips.. still running
sorry, seeing this too late
but I pulled out after 6 pips , hope you did too .
queer noone talked much about this one here

*Guyz: maybe its a good idea that folks do broadcast when they are pulling in/out of ongoing cycles ? just a check-check-double-check thingy...afterall we are all involved in this. what say folks ?
  • #2,326
  • Dec 20, 2016 1:51pm Dec 20, 2016 1:51pm
I exited AUDUSD in the green.

Quoting radaway
{quote} queer noone talked much about this one here
That rhymes
So many in the Commercial section want to make me rich! :o
  • #2,327
  • Dec 20, 2016 1:57pm Dec 20, 2016 1:57pm
Quoting radaway
{quote} sorry, seeing this too late but I pulled out after 6 pips , hope you did too . queer noone talked much about this one here *Guyz: maybe its a good idea that folks do broadcast when they are pulling in/out of ongoing cycles ? just a check-check-double-check thingy...afterall we are all involved in this. what say folks ?
Out at BE
  • #2,328
  • Dec 20, 2016 3:33pm Dec 20, 2016 3:33pm
Quoting FX-Flux
{quote} What are the chances your antivirus knows what a .ex4 file is?
I'm pretty sure thats it. cuz the files(I d/l) are just kosher clean.
  • #2,329
  • Dec 20, 2016 4:06pm Dec 20, 2016 4:06pm
Quoting tony1200
{quote} maybe take the short to POC ,,,,.7235?
At that time POC "Point of Control" many times acts as a magnet for prices to return too. Days like today prices tend to chop around and since this is the upper range on a day like today, I am looking for prices to head back to that area. So far it has not and it slowly drifting upwards into what some call the "Drift of death or Drift of pain".
  • #2,330
  • Dec 20, 2016 5:06pm Dec 20, 2016 5:06pm
AUDUSD Short @0.7254 Stopped Out.
  • #2,331
  • Dec 20, 2016 5:07pm Dec 20, 2016 5:07pm
Quoting radaway
{quote} afaik theres nothing wrong with the files. I d/l them, got the *beep* message , ignored and opened the doc. nothing ..absolutely clean..but wont know why the message. all-in-all..safe
Â
But you did get a Virus message??
And i suppose others too...
Â
I would go to www.VirusTotal.com (http://www.VirusTotal.com) and check it thoroughly. Just in case.
Report back please.
VirusTotal .....
It's not as dangerous as it sounds....
Beware of robber banks (RB), bad advisors.
  • #2,332
  • Dec 20, 2016 6:49pm Dec 20, 2016 6:49pm

I wouldn't trade that level in A/U for several reasons although it doesn't matter and you have to accept some stoplosses in a good strategy. But the reason that I wouldn't sell there is that first, the trendline was broken and there was a chance that the trend was about to change, at least temporarily. Another scenario which can be somehow true or maybe not is that I saw a strong and big support in daily chart that the price hit it and it might cause a push back. I did something else related to MP which is of course unorthodox regarding to the strategy you use in this thread. I changed profile timeframe in the MP indicator to M to see if the created low at 0.7222 is an important level or not and it is a VPOC with 2 pips lower which is of course nothing in daily scale although it seems to be tested once, it's a strong support and combination of these two might keep that level useful for the second test. Anyway, the second part that I wrote is just a hypothesis and isn't in line with what Dale has said so far, just some thoughts.


By the way I think 0.7292 is a strong level for going short and there is an accurate resistance around there if the price gets to that point.


Regarding to the virus, I saw that message when I wanted to download the files. I scanned them but nothing destructive was detected.

  • #2,333
  • Dec 20, 2016 6:53pm Dec 20, 2016 6:53pm
Quoting Not-KPMG
{quote} But you did get a Virus message?? And i suppose others too... I would go to www.VirusTotal.com (http://www.VirusTotal.com) and check it thoroughly. Just in case. Report back please. VirusTotal ..... It's not as dangerous as it sounds....
A) yup I got the virus msg.
B) even the system admin did'nt come & complain . Mostly he is the 1st guy to come to my desk and winge bla bla bla...you got an infected file..bla bla bla
C) so it must be fine...'cuz the guy involved in 'B' is my 'acid test'
  • #2,334
  • Dec 20, 2016 8:02pm Dec 20, 2016 8:02pm
Quoting steel777
I went to download files from post 1 to better understand Dale`s approach . BTW thanks Dale for all the effort and time you spend here . My system says these files are malicious , virus , whatever that means . Has anyone else encountered this ?
I had the same problem but I managed to fix it. Seems Google is blocking the downloads thinking it has a virus. Anyway here is what I did:

1- Went to the "Customize and Control" tab ( you can find the tab on the top right corner of the screen)
2- Go to "settings" then on the bottom of the page click"Advanced Settings"
3- Under "Privacy" uncheck "Protect you and your device from Dangerous Websites".

That's it. Try downloading now. But after downloading I suggest you do the same procedure and check the box again to protect your device.

Hope it works for you as well.
  • #2,335
  • Dec 20, 2016 11:27pm Dec 20, 2016 11:27pm
Quoting KhalidY
{quote} I had the same problem but I managed to fix it. Seems Google is blocking the downloads thinking it has a virus. Anyway here is what I did: 1- Went to the "Customize and Control" tab ( you can find the tab on the top right corner of the screen) 2- Go to "settings" then on the bottom of the page click"Advanced Settings" 3- Under "Privacy" uncheck "Protect you and your device from Dangerous Websites". That's it. Try downloading now. But after downloading I suggest you do the same procedure and check the box again to protect your device. Hope...
I had the same problem with this. After downloading several indicators off this thread, my mt4 hanged. I had to delete the dalelevels and the market profile indicators from my indicator folder and restart my mt4.

Does anyone have the same problem? Do these files really have virus?
  • #2,336
  • Dec 21, 2016 12:05am Dec 21, 2016 12:05am
Quoting CrocodileRex
{quote} I had the same problem with this. After downloading several indicators off this thread, my mt4 hanged. I had to delete the dalelevels and the market profile indicators from my indicator folder and restart my mt4. Does anyone have the same problem? Do these files really have virus?
I guess you have some problem because you use many indis at the same time. Try less and you will see.
  • #2,337
  • Dec 21, 2016 12:30am Dec 21, 2016 12:30am
Quoting pipsandbits
{quote} I guess you have some problem because you use many indis at the same time. Try less and you will see.
Thanks for the reply. You might be right. I have the market profile indicators loaded on all 20 pairs. It might be the reason it hanged. Does the market profile indicator consume a lot of cpu usage?
  • #2,338
  • Dec 21, 2016 12:36am Dec 21, 2016 12:36am
Thanks for indi in #1 post. But when I download it, chrome block and consider it as a virus.
Risk comes from not knowing what you're doing.
  • #2,339
  • Dec 21, 2016 1:13am Dec 21, 2016 1:13am
For those who use riv_ay-MarketProfileDWM.v131-2.ex4 on first page,
You should change your timeframe to match this parameter DailyProfileDataTf before adding the indi, because it use data from that timeframe to calculate.
Otherwise it will delay your mt4 a huge time to download data => mt4 freeze.
Same reason when you reopen your mt4 with another timeframe, maybe now you have more than one chart => more delay => more freezing
  • #2,340
  • Dec 21, 2016 1:36am Dec 21, 2016 1:36am
Quoting CrocodileRex
{quote} Thanks for the reply. You might be right. I have the market profile indicators loaded on all 20 pairs. It might be the reason it hanged. Does the market profile indicator consume a lot of cpu usage?
there have been a few posts which may be the answer, something I found is that the MP indicators don't seem to like stock indices, I think that may be because these close at 2100 uk time & dont reopen until 0700. If you have them loaded to any instrument that isn't an fx pair take it off & see if it makes a difference
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