Trader Dale - daily trading levels | Page 239 | 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

  • #4,761
  • Feb 1, 2017 4:03am Feb 1, 2017 4:03am
Dale,

I dont want to sound like a broken record but I really would like your idea on EU swing.
Shall we hold on or cut the losses now. Or are you already out of it?
Thanks.
  • #4,762
  • Feb 1, 2017 4:16am Feb 1, 2017 4:16am
Quoting akift
Dale, I dont want to sound like a broken record but I really would like your idea on EU swing. Shall we hold on or cut the losses now. Or are you already out of it? Thanks.
You are still in mate? I would quit it if I were you. FED is near and there are very strong buyers present now. Did you enter 0764 as I wrote in TV? If you did there was about 140-150 pips possible profit. Did a good trade turn bad?
  • #4,763
  • Feb 1, 2017 4:17am Feb 1, 2017 4:17am
akift fyi i'm watching structure setup at lvls 1.078 and if broken 1.075 to buy
  • #4,764
  • Feb 1, 2017 4:33am Feb 1, 2017 4:33am
Quoting Trader-Dale
{quote} You are still in mate? I would quit it if I were you. FED is near and there are very strong buyers present now. Did you enter 0764 as I wrote in TV? If you did there was about 140-150 pips possible profit. Did a good trade turn bad?
Well I got orders from both of the levels. (1.0713 also). I didnt move the SL or take partial profit. (trying to be disciplined in my senses)
Yeah it is very painful to see a good trade turned into bad.
Thanks for advise. I will look for a way out.

Akif,
  • #4,765
  • Feb 1, 2017 4:53am Feb 1, 2017 4:53am
Quoting akift
{quote} Well I got orders from both of the levels. (1.0713 also). I didnt move the SL or take partial profit. (trying to be disciplined in my senses) Yeah it is very painful to see a good trade turned into bad. Thanks for advise. I will look for a way out. Akif,
whatever happens quit before FED.
  • #4,766
  • Feb 1, 2017 5:10am Feb 1, 2017 5:10am
Hello All,

I am new in Forex and learning from all of you by reading and analyzing your comments. My account is of $500, i was wondering if i can earn 3 to 4 dollars on daily basis?. If yes can i get signals from here?. Thanks in advance.

Regards,
Tariq
  • #4,767
  • Feb 1, 2017 5:19am Feb 1, 2017 5:19am
Quoting Trader-Dale
{quote} whatever happens quit before FED.
Thanks for the reminder, all limit orders set to expire just before. Back to the day job!
Take 1 step forward, two small steps back
  • #4,768
  • Feb 1, 2017 5:34am Feb 1, 2017 5:34am
Quoting DrBeercan
{quote} Thanks for the reminder, all limit orders set to expire just before. Back to the day job!
Well I see the next move coming after employment report. Hoping for a good one so that I can get some profit on AUD trade and close it
  • #4,769
  • Feb 1, 2017 5:38am Feb 1, 2017 5:38am
Does anyone know of any script or EA that will copy your existing limit orders and resume it AFTER news?

For example, now i have ten pending limit orders opened but i want to close them all before the FED news and resume them after the news came out. It would be a hassle to manually reenter all limit orders at the same level if you guys know what i mean.

Thanks!
  • #4,770
  • Feb 1, 2017 5:50am Feb 1, 2017 5:50am
Quoting brink
{quote} Well I see the next move coming after employment report. Hoping for a good one so that I can get some profit on AUD trade and close it
Yes indeed and it will need watching, which I can't do, so I am taking a break today :-)
Many profits to you all who can continue :-)
Take 1 step forward, two small steps back
  • #4,771
  • Feb 1, 2017 5:57am Feb 1, 2017 5:57am
Quoting CrocodileRex
Does anyone know of any script or EA that will copy your existing limit orders and resume it AFTER news? For example, now i have ten pending limit orders opened but i want to close them all before the FED news and resume them after the news came out. It would be a hassle to manually reenter all limit orders at the same level if you guys know what i mean. Thanks!
Yep, here you go: http://www.forexfactory.com/showthread.php?p=9504761#post9504761

edit it uses market orders not limit orders but has the same effect.
  • #4,772
  • Feb 1, 2017 5:59am Feb 1, 2017 5:59am
Be carefull guys of the FED today!
Here are some US economy data so you can get a picture what to expect. This picture is taken from Kathy Liens page.

Attached Image
  • #4,773
  • Feb 1, 2017 6:07am Feb 1, 2017 6:07am
Quoting Nicolaas82
{quote} Good morning everyone. I was thinking about what DrBeercan says about certain times of the day to trade. It makes sense to stay out of the market at certain times, but what is the disadvantage of doing that? Are the old hands in this forum trading only certain times or are the best way to make a decision as price comes to a level? I am trading Dales levels profitably so far on a live acc. I dont want to change the strategy with extra rules if not necessary. In the last 5 days we experienced sharp moves, but overall we are still profitable....
I would also add to my thoughts that I am not able to watch the market constantly so the advantage for me is not to be in a trade during high volatile times such as market open. This is my stop and think moment before I enter a trade as during these times the moves can be rapid. My personal suggestion is ask yourself at that moment in time opening your own trade is the market about to suddenly reverse due to a news report or a market opening elsewhere in the world. Sometimes you can see a move happening before an event and ride it for a quick scalp but at that moment is there enough momentum and strength of that currency to ride it to profit. I'm still learning myself but these are the questions and thoughts I put in place whilst my finger hovers over the mouse button. Happy trading :-)
Take 1 step forward, two small steps back
  • #4,774
  • Feb 1, 2017 6:10am Feb 1, 2017 6:10am
Quoting fakebuster
{quote} You will eat your words when the "furnitures" start to eat your account.
Once again...Put your Money where your mouth is
Open an account and start a TE.... after one month if you take every trade by the rules and lose money...we will listen to you
OTHERWISE, TAKE YOUR NEGATIVITY ELSEWHERE
Plan, Prepare, Execute, Repeat
  • #4,775
  • Feb 1, 2017 6:24am Feb 1, 2017 6:24am
there's NO holyGrail in fx
Attached Image(s) (click to enlarge)
Click to Enlarge Name: uj.png Size: 66 KB
Click to Enlarge Name: uj1.png Size: 80 KB
da n0o0b + $hit_Disturber
  • #4,776
  • Feb 1, 2017 6:26am Feb 1, 2017 6:26am
Quoting Trader-Dale
Be carefull guys of the FED today! Here are some US economy data so you can get a picture what to expect. This picture is taken from Kathy Liens page. kathy lien.png;2166828 {image}

Hi Dale,

Will you cancel all trades unless they trigger before 2pm (GMT-5) or a little earlier?
  • #4,777
  • Edited 6:55am Feb 1, 2017 6:41am | Edited 6:55am
Attached Image (click to enlarge)
Click to Enlarge Name: ucad.png Size: 65 KB


e/u = hmmm

thats Better
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.png Size: 59 KB
Click to Enlarge Name: eu1.png Size: 56 KB
da n0o0b + $hit_Disturber
  • #4,778
  • Feb 1, 2017 6:45am Feb 1, 2017 6:45am
Quoting Avail
{quote} Hi Dale, Will you cancel all trades unless they trigger before 2pm (GMT-5) or a little earlier?
I probably won't trade 2-3 hours before FED mate and I probably won't trade even after that.
  • #4,779
  • Feb 1, 2017 6:48am Feb 1, 2017 6:48am
Dale - can I ask - do you manually trade during Asian sessions given that it's the middle of the night for you - or do you place limit orders?
Always look for reasons not to take a trade
  • #4,780
  • Feb 1, 2017 7:02am Feb 1, 2017 7:02am
Quoting ziggy
Morning all, I won't be around much today as I have a personal matter that I must take care of. I've attached a word doc regarding how you might use Akif's lovely profile tool to help you find levels - this is for anyone who might be struggling to find levels themselves, but is not a substitute for using Dales levels. Cheers ZiggyLevel Finding.docx;2164410 {file}
--------------
hi ziggy , can this B used also for metals, oil ?
TIA for ur response m8 .
da n0o0b + $hit_Disturber
6 traders viewing now