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Trader Dale - daily trading levels

  • #5,121
  • Feb 8, 2017 8:08am Feb 8, 2017 8:08am
Quoting XxixixX
usd/jpy: Flat on runners at b/e eur/usd: Flat on runners at b/e At least got some meat, ready for the next bus.
I am waiting for EU at fibo re 261.8 to short
  • #5,122
  • Feb 8, 2017 8:12am Feb 8, 2017 8:12am
EU getting closer
  • #5,123
  • Feb 8, 2017 8:15am Feb 8, 2017 8:15am
[Цитата=CrocodileRex;9538562]{Цитата} как вы получите +20 пунктов, а у нас -12 пипсов? Вы говорите здесь другая система?[/Цитата]
Not points, and pips 2 points
  • #5,124
  • Feb 8, 2017 8:29am Feb 8, 2017 8:29am
eurusd got 2,5 close and made 7 pip reaction.. I guess it is still valid for entry..
  • #5,125
  • Feb 8, 2017 8:31am Feb 8, 2017 8:31am
Quoting FX-Flux
{quote} Tested but the EA Took the trade
Surprised the EA did not take that UJ trade.
I am using Seven62's EA with its default settings.
Congratz for those who won that trade.
  • #5,126
  • Feb 8, 2017 8:33am Feb 8, 2017 8:33am
Keep in mind we have NZD news later in the session, which may cause many of the larger players to be sidelined. Pretty evident so far today has not been that much follow through, seeing lots of whip and chop or what some refer too "Shake and Bake".
  • #5,127
  • Feb 8, 2017 8:38am Feb 8, 2017 8:38am
EU tested.
  • #5,128
  • Feb 8, 2017 8:41am Feb 8, 2017 8:41am
mine got 1,7 pips close and retraced 7,7.. I guess it has been tested..
  • #5,129
  • Feb 8, 2017 8:42am Feb 8, 2017 8:42am
Yes my EU trade also tested by EA
  • #5,130
  • Feb 8, 2017 9:48am Feb 8, 2017 9:48am
Just a thought (maybe it was suggested before).

Dale's levels are pretty accurate, I think by now we all know that. But some levels do get tested 2-3 pips away and make an 8~+ pip reaction. What if we added a smaller position size 2-3 pips away from the original level? Pros / cons?
  • #5,131
  • Feb 8, 2017 10:13am Feb 8, 2017 10:13am
Quoting Rfs199
Just a thought (maybe it was suggested before). Dale's levels are pretty accurate, I think by now we all know that. But some levels do get tested 2-3 pips away and make an 8~+ pip reaction. What if we added a smaller position size 2-3 pips away from the original level? Pros / cons?
Backtest this idea with my ea - post results
  • #5,132
  • Feb 8, 2017 10:39am Feb 8, 2017 10:39am
Quoting Cane321
{quote} Surprised the EA did not take that UJ trade. I am using Seven62's EA with its default settings. Congratz for those who won that trade.
It did take it but closed it at +1

Im with FX-Pro btw so my quotes might have been different
So many in the Commercial section want to make me rich! :o
  • #5,133
  • Feb 8, 2017 10:58am Feb 8, 2017 10:58am
EUR / USD the Price stopped at the level of the Dale. Looking for the opportunity to go in a little plus! Always if the price quickly are unable to go to victory, then you need to go in a little plus! sorry my English...using a translator
  • #5,134
  • Feb 8, 2017 1:37pm Feb 8, 2017 1:37pm
Seems like a losing day all round... market didn't move much today - to be fair.
  • #5,135
  • Feb 8, 2017 3:13pm Feb 8, 2017 3:13pm
Hi folks, This system doesn't work for me. Since January I've had more losers than winners and my account is down 11%. Unfortunately I cannot babysit my trades and so miss out on closing early or moving to BE as required.

I think that a scalping system such as this needs a hands-on approach such as a full time trader can do.

No disrespect to Dale who I think is extremely generous with his help and signals and is doing a great job.

May your pips be mostly green.
  • #5,136
  • Feb 8, 2017 3:21pm Feb 8, 2017 3:21pm
Quoting jvfx
Hi folks, This system doesn't work for me. Since January I've had more losers than winners and my account is down 11%. Unfortunately I cannot babysit my trades and so miss out on closing early or moving to BE as required. I think that a scalping system such as this needs a hands-on approach such as a full time trader can do. No disrespect to Dale who I think is extremely generous with his help and signals and is doing a great job. May your pips be mostly green.
Speaking as someone else who decided to do limit orders as equally I cannot watch them, I don't believe Dale has said anywhere that this is the best way to trade his levels. I take my trades in the belief that on the odd occasion I can catch the trade either before it happens or have a moment to see how the market is behaving or stop the trade at any time when I spot a post from Dale or someone else throwing out a warning. In general I say it works if you follow the guidelines. Perhaps try his longer term swing trades that he publishes?
Take 1 step forward, two small steps back
  • #5,137
  • Feb 8, 2017 3:36pm Feb 8, 2017 3:36pm
Hi guys!
My today's trading: usd/cad - loss, usd/jpy - profit, eur/usd - no trade.
I will be posting levels for tomorrow in few minutes!
  • #5,138
  • Feb 8, 2017 3:44pm Feb 8, 2017 3:44pm
Quoting jvfx
Hi folks, This system doesn't work for me. Since January I've had more losers than winners and my account is down 11%. Unfortunately I cannot babysit my trades and so miss out on closing early or moving to BE as required. I think that a scalping system such as this needs a hands-on approach such as a full time trader can do. No disrespect to Dale who I think is extremely generous with his help and signals and is doing a great job. May your pips be mostly green.
January was quite a good month, just the end of it was a bit harder. Can you elaborate how did you trade your levels? Did you trade all of the levels I posted (with limit orders) or did you trade just some of them?
I suggest you try Sevan's EA, or you can trade with 20/20 pip SL/PT with limit orders.
Let me know please how this works for you!
  • #5,139
  • Feb 8, 2017 3:44pm Feb 8, 2017 3:44pm
Quoting Trader-Dale
Hi guys! My today's trading: usd/cad - loss, usd/jpy - profit, eur/usd - no trade. I will be posting levels for tomorrow in few minutes!
How did you get profit on UJ? Did you get in late and get a better price?
So many in the Commercial section want to make me rich! :o
  • #5,140
  • Feb 8, 2017 3:45pm Feb 8, 2017 3:45pm
Do you think the AUD/USD prediction is still valid for tonight?
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