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Trader Dale - daily trading levels

  • #4,641
  • Edited 9:29pm Jan 30, 2017 7:09pm | Edited 9:29pm
Is this our current level today?
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  • #4,642
  • Jan 30, 2017 7:55pm Jan 30, 2017 7:55pm
Quoting ziggy
{quote} Well I use the levels Dale posts and have a lot to be thankful for, not only is my bank balance improved but so has my understanding and ability to find good trading locations, if you are unable to do the same you could either stick around and maybe find how to make good use of the info, or move on to something else that suits you better. But simply trying to find fault with something others are making good use of isn't going to help anyone.
I will shut my mouth up if you and dale publically provide verifiable track records.

The truth is, 0 out of 20 profitable traders I know would spend hours marketing on different FX forums, FB, and trader's view. Only service providers, or, more explicitly, scammers would do that.
  • #4,643
  • Jan 30, 2017 7:57pm Jan 30, 2017 7:57pm
Quoting Avail
{quote} WTF, Trade and follow the rules. Is their a little discretion - of course but experience ie screen time will fill that gap. Its easy to see Dale is a pro. If he starts a signal or educational service, Great! I'm all in. Really hoping this happens. Traders like Dale are very rare.
GL
  • #4,644
  • Jan 30, 2017 8:15pm Jan 30, 2017 8:15pm
Quoting fakebuster
{quote} I will shut my mouth up if you and dale publically provide verifiable track records. The truth is, 0 out of 20 profitable traders I know would spend hours marketing on different FX forums, FB, and trader's view. Only service providers, or, more explicitly, scammers would do that.
what the heck is wrong with you? He publish the trades way in advance and we all know it. That's the reason all the morons never asked for TE or myfxbook link.. If you have taken all the trades Dale has given since last September, you would be rich by now. Dale has shown that retail traders can make money, which is a major psychological boost for most of us here. Even if He goes commercial, what's wrong with it? He has a proven track record of last 4 months. Most of his trades are so accurate, many of us have never seen anything like it. Good luck to You and get the F out of this thread..
  • #4,645
  • Edited Jan 31, 2017 1:53am Jan 30, 2017 9:15pm | Edited Jan 31, 2017 1:53am
Quoting fakebuster
Be careful when following his set-ups. His trading rules are never consistent. Today will be 3 SLs if you follow his rule, strictly. However, he only brags his winners. 1. When the price level pre-tested 3.5 pips away, for example today's USDCAD, and the final trade ends-up hitting SL, he will say that he did not trade this. In contrast, when the price level pre-tested 3.5 pips away, and the final trade ends-up hitting TP, he will brag about the winner. 2. When the trade ends with a winner, he always make a lucrative graph showing that you could...
Before I get called sheep for "defending the guru" and being told that I'm afraid that he'll leave the thread: This is not a salty response to you. But we have a rather healthy environment with Ziggy, akift, radaway (and others to name a few) that have been here for a while. Even sevan62 came up with an EA to work with Dale's levels. It's sad to see negativity come to this thread, but I think this is a problem with forex factory.

With this being said, I feel I need to point some things out for the newcomers (if they want to believe me or not that's up to them):

"He only brags about his winners" He also posts his losses as well. Even by making mistakes on my end at the beginning with extra losing trades, I've yet to have a negative week with Dale's levels.

"if the trade was lost, he will blame the spikes, trading hours, and other factors, just like today's second EURUSD level." He stated beforehand that he had around a 70% win rate. His levels are not going to be 100% accurate, and it's not always because of "spikes, trading hours or other factors". That'd be delusional. Also, many times he will tell us beforehand if he's avoiding any levels (tested levels, news, etc.)

"In fact, if you follow strictly the rules in the first thread and back-test his levels, the profit factor is very close to 1.0 (which means not profitable)" Ziggy here has done some backtesting, and sorry, but that's not the case.

"If I never stand out, he will likely to start his "couching", "education", or "signal services" soon." It's been 5 months and Dale's been posting levels every single day (no exception) here and on tradingview and answering questions (related to his levels and/or market profile), asking nothing in return. I don't know what his plans are for the future, but as of now you can't really call him a scammer. If those are his intentions, that's going to happen either way, with you replying to this thread or not. Obviously you are free to speak out since it's a forum though.

There are a few here who did learn from this thread and are able to identify and trade their own levels succesfully. Hopefully many others will do so as well.
  • #4,646
  • Jan 30, 2017 9:36pm Jan 30, 2017 9:36pm
Quoting fakebuster
{quote} I will shut my mouth up if you and dale publically provide verifiable track records. The truth is, 0 out of 20 profitable traders I know would spend hours marketing on different FX forums, FB, and trader's view. Only service providers, or, more explicitly, scammers would do that.
Are you a service providers or scammer? Is this thread threatening your business so you have to create a new account just to disrupt the thread?
  • #4,647
  • Jan 30, 2017 10:06pm Jan 30, 2017 10:06pm
Quoting sevan62
I have a bit improved EA. In version 1.3 added: Automatic Lines drawing by EA. BreakEven function. Red News filter (not yet fully tested). Monster Move filter. Please read updated EA Manual before asking questions. Do not change TF of the chart EA attached to. dale13.jpg;2163569 DaleTM_v1.3.ex4;2163571 EA DaleTM.pdf;2163573 Please give some feedback who is using EA. Stay green. {image} {file} {image}
thankyou for sharing
onorebate
  • #4,648
  • Jan 30, 2017 11:33pm Jan 30, 2017 11:33pm
[quote=sevan62;9499979]I have a bit improved EA. In version 1.3 added: Automatic Lines drawing by EA. BreakEven function.

Thanks for the updated version
  • #4,649
  • Jan 30, 2017 11:49pm Jan 30, 2017 11:49pm
here is my 2 cents,

there is nothing wrong with dale offering a commercial service or whatever else he has in mind.

but to put the detractors at bay it needs a tradexplorer, or a verified myfxbook. after all its not rocket science to set one up.

and that would settle it once and for all.

i have seen countless of so called master traders on ff, with a religious type following for some time. but once pressed for some hard evidence,
that usually ended in tears.

so i challenge anybody who has mastered it, put up or shut up.
  • #4,650
  • Jan 30, 2017 11:50pm Jan 30, 2017 11:50pm
Quoting XxixixX
{quote} I am just curious why you post after the fact trades, what purpose does it serve nor are they related to this thread. Please enlighten us with why you do what you do.
Quoting XxixixX
{quote} Very focused on this trading and clients accounts as well. If I said what I made in pips today I am sure you would not believe it (Yes, it all based on the dynamics of this thread). My point is you post after the fact trades that is of no benefit to anyone. Please find one person that benefits from your postings.
your trading is not my business...I have no reason not to believe you ...make as much pips as you can...retail traders has same goal to make living from trading and enjoy life.Based on your comment yesterday I notice you don't know what is gap in market profile...learn...if you need...my trading has nothing to do with you or anyone else...and certainly yours and anyone else trading has nothing to do with me.

Again, don't spend your valuable time on me...instead enjoy trading and life....
  • #4,651
  • Edited 1:14am Jan 31, 2017 12:18am | Edited 1:14am
Quoting Gazilion
{quote} Its Great. Please explain me this. RED NEWS FILTER - is it mean Red news from Forex Factory calendar ? ANd how is it possible ? Must be platform open ? Thanks you much
It is simple mate. There is FFCal.ex4 indicator which parses FF Calendar web page, grab news from it and transforms them for further usage (display on screen or use by EA). EA is calling this indicator and gets news from it. I have no idea what platform are you asking for. EA needs FFCal indicator to be placed in \Metatrader 4\MQL4\Indicators folder. Nothing more. Please download it from my above post.

Quoting swingtrade65
{quote} I have used the EA with .05 lots since the day it was released. It has been my experience that it works exactly as advertised. I have used my own levels (very close if not exactly same as Dales on the Majors) and I have had excellent results with it. I am looking forward to letting this do the baby sitting for me. As a side not to fakebusters post above....Thanks but no thanks....move along anyone who has been here for more than 5 mins knows that the real heavy lifting in a method such as this is in finding the levels and your own comfort...
Thanks for your feedback buddy. And for testing and using EA also.
All the best for you.

Quoting bluejack
{quote} what the heck is wrong with you? He publish the trades way in advance and we all know it. That's the reason all the morons never asked for TE or myfxbook link. If you have taken all the trades Dale has given since last September, you would be rich by now. Dale has shown that retail traders can make money, which is a major psychological boost for most of us here. Even if He goes commercial, what's wrong with it? He has a proven track record of last 4 months. Most of his trades are so accurate, many of us have never seen anything like it....
Please don't be so rude and so quick with conclusions about fakebuster. I support him partly. From one hand nobody here has to prove anything. From another hand verifiable track record is the best advertisement and attracting factor in trading I could imagine. Tell me how newcomer may determine if this thread is worth his attention or not? Should he read hundreds of pages and verify thousands of deals by all levels? TE (Trade Explorer) of myfxbook gives an answer at a glance. Believe me I've developed more than thousand different EA in my life, more than fifty by FF strategies which seemed to be winning. But no one of them become winning in reality with EA trading exactly by author's rules. Important that I was selecting strategies without or minimum discretionary. Some of them are uploaded on FF most are not.
That is why I state here that TE or myfxbook link is the best strategy approval as well as advertisement and attracting factor.
But anyway it is only YOUR choice to provide TE or myfxbook link or not.
BR, alex
  • #4,652
  • Jan 31, 2017 1:59am Jan 31, 2017 1:59am
Intraday levels for 31.1.2017
I use PT 10 pips, SL 12 pips.
Happy trading
*Basic rules about trading my levels and some mt4 indicators are here:
http://www.forexfactory.com/showthread.php?p=9162014#post9162014

Attached Image

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  • #4,653
  • Jan 31, 2017 2:09am Jan 31, 2017 2:09am
Any reason why you have dropped 7590 on the aussie Dale?
  • #4,654
  • Jan 31, 2017 2:20am Jan 31, 2017 2:20am
Quoting sevan62
{quote}

a) Please don't be so rude and so quick with conclusions about fakebuster.

Believe me I've developed more than thousand different EA in my life.......
Actually the way how fakebuster is presenting or writing the doubt, was not polite, so why people should handle him with silk gloves.
He just sign as a new memeber and attacking.

Quantity does not mean quality, You can develope billions of trading strategies which are allmost working (curve fitting) or other issues.....,
if not have solid idea, proofed method behind, which usually work also manual trading. no sense just "flip/test different oscilators". Its not make you words more plausible, if kicking bullet proof window thousand times. Maybe is time to watch problem from different viewpoint or angle.

Most of my trades are not Dale trades levels, but i monitor them, and do take some of them.
I am using market profile and auction market theory it works for me and this month I have made +7.5%.

Dale is showing to people, how to trade alternative way. There are no contradiction if planning trades, doing charts and saving them as journal, easy way quality control. not lot of extra work post them.

Can't say is there hidden agenda. Not need if he is doing dough, with his method.

sevan62 this is not attack against you. just some thoughts, which came my mind after reading words and just only words.
  • #4,655
  • Jan 31, 2017 2:20am Jan 31, 2017 2:20am
uC triggered
  • #4,656
  • Jan 31, 2017 2:27am Jan 31, 2017 2:27am
Quoting manimashin
uC triggered
Morning Manimashin.

Did you enter the trade manually? On my platform the price didnt reach the entry?
  • #4,657
  • Jan 31, 2017 2:28am Jan 31, 2017 2:28am
Quoting manimashin
uC triggered
Not in my broker. 1,31123 was the max reached. It showed some reaction, so Im not going to trade anymore. Anyway Dale's level accurate like we like. Great job!
  • #4,658
  • Jan 31, 2017 2:29am Jan 31, 2017 2:29am
Quoting pipsandbits
{quote} Not in my broker. 1,31123 was the max reached. It showed some reaction, so Im not going to trade anymore. Anyway Dale's level accurate like we like. Great job!
same here. got to 1.31128 only on my mt4.
  • #4,659
  • Jan 31, 2017 2:30am Jan 31, 2017 2:30am
Quoting Trader-Dale
Intraday levels for 31.1.2017 I use PT 10 pips, SL 12 pips. Happy trading *Basic rules about trading my levels and some mt4 indicators are here: http://www.forexfactory.com/showthread.php?p=9162014#post9162014 31.1. table.png;2164306 31.1. print.png;2164304 {image} {image}
Hi Dale,

USD/CAD not reached 0,5p to trigger the order, and the 8 recoil. In this case we assume that the test was carried out and no longer looking for sales of 1.3113?

thanks in advance
  • #4,660
  • Jan 31, 2017 2:30am Jan 31, 2017 2:30am
Quoting pipsandbits
{quote} Not in my broker. 1,31123 was the max reached. It showed some reaction, so Im not going to trade anymore. Anyway Dale's level accurate like we like. Great job!
This is the problem when I use limit orders...
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