DislikedAn absolute beauty of a level I took just now. Serious supply coming in on the POC EDIT: USD/JPY {image}Ignored
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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
DislikedAn absolute beauty of a level I took just now. Serious supply coming in on the POC EDIT: USD/JPY {image}Ignored
Disliked{quote} nice trade but a tad risky given it came just as the FOMC minutes were released. I'm pleased for you and I hope you were aware of the releaseIgnored
DislikedI've been working through the data that I hold with a view to finding an alternative way of trading the levels which those who insist on taking big (relative to bank size) might be able to cut down the true risk whist also achieve rapid bank growth. I'm not saying this is the best way of trading Dales levels, but I am saying it is a way of being able to grow a small bank into something more useable and at the same time greatly reduce the risk of killing your bank. Hope you find it an interesting read Cheers Ziggy{file}Ignored
Disliked{quote} Brilliant Ziggy, this information is somehow surprising (at least for me). I wonder a bit how (and when) you keep track of all that data . Actually I have one (or a few) final questions, if you don't mind: 1. The important one: are you moving to the SL level (in case price develops to the RIGHT side) immediately with the first candle. Furthermore, do you make this dependent on the magnitude of the "development to the RIGHT side. If for example the move is only 1 or 2 pips in the RIGHT direction (let's say with the...Ignored
Disliked{quote} Absolutely, but the confluence with the fib level, supply (although not virgin) and stack of orders which just got tagged at the 113 area made it worth the risk. I took it on my IG account with a guaranteed stop. {image}Ignored
DislikedI've been working through the data that I hold with a view to finding an alternative way of trading the levels which those who insist on taking big (relative to bank size) might be able to cut down the true risk whist also achieve rapid bank growth. I'm not saying this is the best way of trading Dales levels, but I am saying it is a way of being able to grow a small bank into something more useable and at the same time greatly reduce the risk of killing your bank. Hope you find it an interesting read Cheers Ziggy{file}Ignored
Disliked{quote} I have just read your document mate. Thanks so much for your backtesting and extra work! It is really a great approach. Iam very tempted to try trading with those rules myself (I will probably give it a try and see!) I strongly recommend everybody to read this and I think that you should also try this! Thanks so much Ziggy. I really appreciate your effort!!!Ignored
Disliked{quote} You obviously have a good grasp of things, hope you didn't mind the question as sometimes it's nice to remind the less experienced of things that need to be consideredIgnored
Disliked{quote} you're really welcome Dale, I have the luxury of time which I know so many don't have, I also know how hard it can be to try and break into the cycle to get to a point where trading can make a difference to your life - if I'd had this knowledge and the modern day tools as a young man .............., just hope some younger members here (and some older ones) can break through the glass ceilingIgnored
DislikedI've been working through the data that I hold with a view to finding an alternative way of trading the levels which those who insist on taking big (relative to bank size) might be able to cut down the true risk whist also achieve rapid bank growth. I'm not saying this is the best way of trading Dales levels, but I am saying it is a way of being able to grow a small bank into something more useable and at the same time greatly reduce the risk of killing your bank. Hope you find it an interesting read Cheers Ziggy{file}Ignored
Disliked{quote} you don't pay any attention to macro news then? Australian Red news at 00:30, trade triggered at 00:30. I don't mean to sound harsh but unless you really have extremely good reason to trade at news time you may as well be in the casinoIgnored