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Trader Dale - daily trading levels

  • #6,221
  • Mar 13, 2017 4:05am Mar 13, 2017 4:05am
Hi Dale,

I have been lurking through this thread for a while now. I appreciate the work you are doing. I have one question for which I hope you find the time to answer. How often are your levels reached? I don't mean exactly on the day you post them, but do you have any stats on that?

Thanks in advance for the answer.
  • #6,222
  • Mar 13, 2017 4:42am Mar 13, 2017 4:42am
Quoting Millsreel
Hi Dale, I have been lurking through this thread for a while now. I appreciate the work you are doing. I have one question for which I hope you find the time to answer. How often are your levels reached? I don't mean exactly on the day you post them, but do you have any stats on that? Thanks in advance for the answer.
There was an excel posted by ziggy few days back. It should help you get the answer
  • #6,223
  • Mar 13, 2017 6:30am Mar 13, 2017 6:30am
Good afternoon all, is there any forecast for eurjpy?
  • #6,224
  • Mar 13, 2017 6:34am Mar 13, 2017 6:34am
Dale and others - you always say you love a quick sharp reaction at your levels. Can I ask - if price hits your level and you take a trade and you don't get the quick reaction ie price just wanders up and down slightly for ages - do you consider closing the trade because it is kind of a tested level now which could go either way?
Always look for reasons not to take a trade
  • #6,225
  • Mar 13, 2017 6:49am Mar 13, 2017 6:49am
Quoting Jako
Dale and others - you always say you love a quick sharp reaction at your levels. Can I ask - if price hits your level and you take a trade and you don't get the quick reaction ie price just wanders up and down slightly for ages - do you consider closing the trade because it is kind of a tested level now which could go either way?
check the document posted by Dale on How to exit a trade. I think it is added to post #1
  • #6,226
  • Mar 13, 2017 8:28am Mar 13, 2017 8:28am
Quoting Millsreel
Hi Dale, I have been lurking through this thread for a while now. I appreciate the work you are doing. I have one question for which I hope you find the time to answer. How often are your levels reached? I don't mean exactly on the day you post them, but do you have any stats on that? Thanks in advance for the answer.
In my humble opinion. As much as any other prediction of hitting a sweet spot, but when they do hit, and there is always a few a week, they are pretty spot on. Why not try the levels on a daily basis in a demo account? I have been following Dale almost since the beginning and seen month after month great results. I think you will be surprised if you follow the rules laid out by Dale
Take 1 step forward, two small steps back
  • #6,227
  • Mar 13, 2017 8:57am Mar 13, 2017 8:57am
Quoting Jako
Dale and others - you always say you love a quick sharp reaction at your levels. Can I ask - if price hits your level and you take a trade and you don't get the quick reaction ie price just wanders up and down slightly for ages - do you consider closing the trade because it is kind of a tested level now which could go either way?
In my newly formed opinion, if it is taking a long time then i personally start to look at what the market is doing at that time. I take the approach that eventually the level exhausts as it swings around it over a period of time.
Take 1 step forward, two small steps back
  • #6,228
  • Mar 13, 2017 11:21am Mar 13, 2017 11:21am
Hello guys, I have quite a busy day today. I will reply to your questions as soon as I can.
Btw. Did you take profit on aud/usd now?
  • #6,229
  • Mar 13, 2017 11:38am Mar 13, 2017 11:38am
i got it. thanks. EURUSD is still valid right??
  • #6,230
  • Mar 13, 2017 11:46am Mar 13, 2017 11:46am
Quoting Trader-Dale
Hello guys, I have quite a busy day today. I will reply to your questions as soon as I can. Btw. Did you take profit on aud/usd now?
I did.
  • #6,231
  • Mar 13, 2017 11:48am Mar 13, 2017 11:48am
Quoting kar2wlan
i got it. thanks. EURUSD is still valid right??
congratz! It is.
  • #6,232
  • Mar 13, 2017 11:48am Mar 13, 2017 11:48am
Quoting Traffex
{quote} I did.
Nice!
  • #6,233
  • Mar 13, 2017 11:51am Mar 13, 2017 11:51am
Quoting Trader-Dale
Hello guys, I have quite a busy day today. I will reply to your questions as soon as I can. Btw. Did you take profit on aud/usd now?
Nope. My EA is set to trade the Forex level and it was 0.2 pips away. As soon as I manage to get it to trigger on the futures level i will be happy!
So many in the Commercial section want to make me rich! :o
  • #6,234
  • Mar 13, 2017 12:02pm Mar 13, 2017 12:02pm
Hi Dale,

yes, i got the au trade.
last week i had 5 Trades 4 Winner an 1 BE
  • #6,235
  • Mar 13, 2017 12:10pm Mar 13, 2017 12:10pm
Quoting Trader-Dale
Hello guys, I have quite a busy day today. I will reply to your questions as soon as I can. Btw. Did you take profit on aud/usd now?
Nice and quick! Triggered by EA.
  • #6,236
  • Mar 13, 2017 1:46pm Mar 13, 2017 1:46pm
Hi Dale, didn't you consider AUDUSD level as tested? It turned 3,6pips sooner and made more than 23pips reaction so I didn't trade it
  • #6,237
  • Mar 13, 2017 2:00pm Mar 13, 2017 2:00pm
Quoting Trader-Dale
Hello guys, I have quite a busy day today. I will reply to your questions as soon as I can. Btw. Did you take profit on aud/usd now?
I did, although had (little)concerns that it was tested already. But turned on the point.
Thanks, Dale.
  • #6,238
  • Mar 13, 2017 2:03pm Mar 13, 2017 2:03pm
Quoting Trader-Dale
Hello guys, I have quite a busy day today. I will reply to your questions as soon as I can. Btw. Did you take profit on aud/usd now?
Would be awesome if you could explain why you still took the trade
  • #6,239
  • Mar 13, 2017 4:33pm Mar 13, 2017 4:33pm
EU short @ 1.0706
So many in the Commercial section want to make me rich! :o
  • #6,240
  • Mar 13, 2017 5:20pm Mar 13, 2017 5:20pm
Intraday levels for 14.3.2017
I use PT 10 pips, SL 12 pips.
Happy trading
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