Trader Dale - daily trading levels | Page 258 | 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

  • #5,141
  • Feb 8, 2017 4:04pm Feb 8, 2017 4:04pm
Quoting FX-Flux
{quote} How did you get profit on UJ? Did you get in late and get a better price?
I didn't enter at a better price. It made +10 pips even with spread easily.
  • #5,142
  • Feb 8, 2017 4:05pm Feb 8, 2017 4:05pm
Intraday levels for 9.2.2017
I use PT 10 pips, SL 12 pips.
Happy trading
Attached Image (click to enlarge)
Click to Enlarge Name: 9.2.fx.png Size: 5 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 9.2. print.png Size: 60 KB
  • #5,143
  • Feb 8, 2017 4:10pm Feb 8, 2017 4:10pm
Quoting Trader-Dale
Intraday levels for 9.2.2017 I use PT 10 pips, SL 12 pips. Happy trading 9.2.fx.png;2179058 9.2. print.png;2179057 {image} {image}
Thank you Dale
Take 1 step forward, two small steps back
  • #5,144
  • Feb 8, 2017 4:21pm Feb 8, 2017 4:21pm
Quoting swingtrade65
Tomorrow Idea EURCAD: Long 1.4098 Stop: 1.4068 TGT : 1.4210 Trail 25 pips
That would have been the perfect trade if we did it as a short :-)
Take 1 step forward, two small steps back
  • #5,145
  • Feb 8, 2017 4:22pm Feb 8, 2017 4:22pm
Quoting januszo
r{quote} Try to follow levels posted here with mentioned indis.after a while it is more clear why.
Thanks, am trying to create my own levels but I find the indi's (no offence to the people that created them) slows down my machine quite a bit, are you using the indi's to successfully?
Take 1 step forward, two small steps back
  • #5,146
  • Feb 8, 2017 4:24pm Feb 8, 2017 4:24pm
Quoting DrBeercan
{quote} That would have been the perfect trade if we did it as a short :-)
Absolutely......you never know which way they will go.
Plan, Prepare, Execute, Repeat
  • #5,147
  • Feb 8, 2017 4:45pm Feb 8, 2017 4:45pm
Quoting DrBeercan
{quote} Thanks, am trying to create my own levels but I find the indi's (no offence to the people that created them) slows down my machine quite a bit, are you using the indi's to successfully?
you can find source below which creates MP charts, you can make it not updating chart every tick.
ay-MarketProfileDWM.v1.31.rev1(nmc).mq4
  • #5,148
  • Feb 8, 2017 5:07pm Feb 8, 2017 5:07pm
Hi radaway, hope this is what you wanted for UJ analyse. Finally I always check M1 TF.
Attached Image (click to enlarge)
Click to Enlarge Name: Image 1.png Size: 45 KB
  • #5,149
  • Feb 8, 2017 5:14pm Feb 8, 2017 5:14pm
Quoting Trader-Dale
{quote} I didn't enter at a better price. It made +10 pips even with spread easily.
Here is the chart (FXCM - may they rest in peace) easy profit during red line minute 30.
Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYM30-Dale+10UJ.png Size: 49 KB
  • #5,150
  • Feb 8, 2017 5:55pm Feb 8, 2017 5:55pm
Hi Dale, how strategy for swing trade? And how if you give us level for gbpusd and xauusd seen good move????
  • #5,151
  • Feb 8, 2017 6:18pm Feb 8, 2017 6:18pm
I have same problem like jvfx. That can not babysit the market. I still can not use sevan's EA. EA installed but did not work. Order price, SL, TP never show up.
  • #5,152
  • Feb 8, 2017 9:05pm Feb 8, 2017 9:05pm
TP on UJ
  • #5,153
  • Feb 8, 2017 10:49pm Feb 8, 2017 10:49pm
Quoting Rfs199
TP on UJ
Is the Uj trade you are refering to sell at 112.33? If it is I missed it. I only saw now that the new levels was posted earlier.
  • #5,154
  • Feb 8, 2017 10:52pm Feb 8, 2017 10:52pm
Quoting Nicolaas82
{quote} Is the Uj trade you are refering to sell at 112.33? If it is I missed it. I only saw now that the new levels was posted earlier.
Yes. In fact the UJ level @ 111,83 also hit TP, but that happened 6 minutes after Dale posted his levels and couldn't catch it .
  • #5,155
  • Feb 8, 2017 11:00pm Feb 8, 2017 11:00pm
Quoting Rfs199
{quote} Yes. In fact the UJ level @ 111,83 also hit TP, but that happened 6 minutes after Dale posted his levels and couldn't catch it .
Thanks for the reply Rfs199. The 111.83 level wasn't reached on my platform. turned 0.5 pips before the level. But tested now.
  • #5,156
  • Feb 8, 2017 11:32pm Feb 8, 2017 11:32pm
Quoting Trader-Dale
{quote} 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!
Hi Dale,

From 10 January to 31 January I took 37 trades of which 19 were winners and 18 losers resulting in a nett loss since the losers are bigger than the winners.
From 1 February to date I have taken 14 trades of which only 4 were winners.

Thank you for your suggestions on what to try in future.
  • #5,157
  • Feb 8, 2017 11:38pm Feb 8, 2017 11:38pm
Quoting jvfx
{quote} Hi Dale, From 10 January to 31 January I took 37 trades of which 19 were winners and 18 losers resulting in a nett loss since the losers are bigger than the winners. From 1 February to date I have taken 14 trades of which only 4 were winners. Thank you for your suggestions on what to try in future.
How could he possibly answer such vague results? If it's not profitable, try the strategy on demo and analyse what is happening and where you are going wrong. Perhaps you're not moving to BE quick enough, maybe you're entering trades where the level was almost tested before making it more likely to fail, there are a number of variables. Dale may be here to help but not hold you're hand.

Usually it is not the strategy but the trader himself who makes a system work or fail.

edit: I just looked at your previous post and you identify the problem yourself, you don't "babysit" the trade and move it to BE quick. That is your answer. you joined FF in 2007??
  • #5,158
  • Feb 8, 2017 11:48pm Feb 8, 2017 11:48pm
Quoting oztrader79
{quote} How could he possibly answer such vague results? If it's not profitable, try the strategy on demo and analyse what is happening and where you are going wrong. Perhaps you're not moving to BE quick enough, maybe you're entering trades where the level was almost tested before making it more likely to fail, there are a number of variables. Dale may be here to help but not hold you're hand. Usually it is not the strategy but the trader himself who makes a system work or fail. edit: I just looked at your previous post and you identify the problem...
Hi Oz,

Thank you for your comments but I am aware of what you are saying. I am not expecting hand-holding since the success or failure of any strategy is entirely up to me, no one else.

Yes I joined in 2007 but do not trade the systems here except for Dale's which is an entirely new concept for me viz. looking at volume, etc.

More green pips to you.
  • #5,159
  • Feb 9, 2017 12:14am Feb 9, 2017 12:14am
Quoting jvfx
{quote} Hi Oz, Thank you for your comments but I am aware of what you are saying. I am not expecting hand-holding since the success or failure of any strategy is entirely up to me, no one else. Yes I joined in 2007 but do not trade the systems here except for Dale's which is an entirely new concept for me viz. looking at volume, etc. More green pips to you.
I don't trade this system either, but from what I can see because it is a type of scalping you need to monitor the trade. If not, an alternative would be to get an EA or other external program (like myfx used to have) which when a trade is open can be set to BE after 6 pips, this would eliminate many losses in this system. People who can't be at the monitor for long periods should really trade 4hr minimum, but better still daily candles.
  • #5,160
  • Feb 9, 2017 2:08am Feb 9, 2017 2:08am
Quoting Trader-Dale
Intraday levels for 9.2.2017 I use PT 10 pips, SL 12 pips. Happy trading 9.2.fx.png;2179058 9.2. print.png;2179057 {image} {image}
Dale, hello,

thank you very much for the levels.
Do you consider the eurusd level and usdjpy level (111.83) already wasted (it got around 3 pips close and reacted during CET nigh) or will you trade it?
thank you
4 traders viewing now