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Attachments: Trader Dale - daily trading levels
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Trader Dale - daily trading levels

USDCAD +10! closed just before news. great start for the week
managed to get 2 trades on this morning before I go off to do my meals on wheels service As per normal the levels are working like a dream - Thanks Dale

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Quoting workaholic
{quote} Nice reaction to this swing level so far. I'm not in it, but wondering if anyone else caught the train?

I'm in.

USDCAD level was spot on.
I'm still holding for 20 according to Ziggy's approach though. EURUSD was +20 as well! Great start of the week sofar.
UC +6 & +10! That was quick one! Thanks Dale.
Take 1 step forward, two small steps back
Hello guys! its cool you took the trades! Nice start of the week indeed!
Quoting Trader-Dale
Hello guys! its cool you took the trades! Nice start of the week indeed!
Thanks
Quoting workaholic
{quote} Nice reaction to this swing level so far. I'm not in it, but wondering if anyone else caught the train?
I'm in and looks good so far...
I made a new video - Daily levels analysis for 20.3.2017. Have a look and let me know if you like it guys!
https://www.youtube.com/watch?v=NOSQDWFcfNs
cool videos Dale, nice to put a voice to the thread

for anyone who hasn't watched, Dale is showing a "new" level on Aussie$ at 0.7705
Quoting ziggy
cool videos Dale, nice to put a voice to the thread for anyone who hasn't watched, Dale is showing a "new" level on Aussie$ at 0.7705
:-) thanks for the heads up a tad difficult to watch a video at work. Is that short or long?
Take 1 step forward, two small steps back
Quoting DrBeercan
{quote} :-) thanks for the heads up a tad difficult to watch a video at work. Is that short or long?
That'll be long - it is actually posted up on Dales site but hadn't really set up when the levels were posted here on FF last night, work can be a bugger like that, gets in the way of important things
Quoting ziggy
{quote} That'll be long - it is actually posted up on Dales site but hadn't really set up when the levels were posted here on FF last night, work can be a bugger like that, gets in the way of important things
:-) cheers, yeah so inconvenient that they expect me to work and not and spend my day working! Lol!
Take 1 step forward, two small steps back
Thanks Dale for the videos! its great to learn more about your levels.
Quoting Trader-Dale
Good evening guys! Intraday levels for 20.3.2017 I use PT 10 pips, SL 12 pips. Happy trading {image}
It was eu, uc tp.
Quoting Trader-Dale
I made a new video - Daily levels analysis for 20.3.2017. Have a look and let me know if you like it guys! https://www.youtube.com/watch?v=NOSQDWFcfNs
from these videos we can hear about following setup :
- sideways action followed by strong breakout - forms a level

Untill now I was playing only this one :
- untested high volume two opposite roughly equal candles followed by some drift in some direction after at least 3 hrs form a level..
Also there was a question where to put level : on the back front or the middle of those opposite candles.

Any other setups U guys play according to Dale methods?
Quoting januszo
{quote} from these videos we can hear about following setup : - sideways action followed by strong breakout - forms a level Untill now I was playing only this one : - untested high volume two opposite roughly equal candles followed by some drift in some direction after at least 3 hrs form a level.. Also there was a question where to put level : on the back front or the middle of those opposite candles. Any other setups U guys play according to Dale methods?
In my newly formed knowledge I generally look at previous confluent levels, I also use the areas as targets when the price is trending in the right direction coupled with strength. A few others use some of the tools posted here to find the areas, take a look at a document posted by Ziggy and published on Dales website. Correct me if I am wrong Dale, but he also uses futures to help him pin down the entry point with a bit more accuracy.
I have been using a tool called PZ_Market which also has some interesting levels highlighted, though I am still testing it when I can around work commitments.
If I am watching the entries Dale posts I also keep an eye on market strength and use that to decide if the trade is going to turn bad. The majority of the time I use limit orders (+6 and +10) and in the last two weeks I have entered 12 times, giving 9 wins and 3 losses. Some of the wins were partial where I jumped in whilst at work where I should of just left it run. I split my lot size between the two levels.
Is that what you were looking for?
Take 1 step forward, two small steps back
new levels posted by dale. euro got hit stoploss.
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Quoting CrocodileRex
new levels posted by dale. euro got hit stoploss. {image}
Ya..sl for EU.. now in AU. Lets see
I am using the rectangle indi posted here, comes very close to real volume when used with ECN broker.
Hello guys,
sorry for not posting levels for asian session, I totally forgot. Thanks CrocodileRex for posting them here
Here are todays levels:
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