Disliked{quote} Dear Trader-Dale, would you please mind to reply? Great thanks.Ignored
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Disliked{quote} Dear Trader-Dale, would you please mind to reply? Great thanks.Ignored
DislikedHello my friends! Here is my Daily levels commentary for 30.3.2017. I hope you will like it! https://www.youtube.com/watch?v=8kPEQB7XUQUIgnored
Disliked{quote} Dear Trader-Dale, would you please mind to reply? Great thanks.Ignored
Disliked{quote} I enter the level with market order just when it is hit. I dont wait for any confirmation 80-90 % of the time. Only for example when the market runs like crazy and I want a confirmation or a better entry I wait for a huge volume to appear on orderflow.Ignored
Disliked{quote} Hi Chary-Mary, obviously I cannot really answer for Dale, but over the course of the thread I think I can say how Dale approaches his entry. He will have an alarm set before the level is reached and when triggered will look to enter as price touches/breaches the level. If prior to that touch there has been a test, or there is macro news pending then he will let the trade pass. If price is really steaming heading into the level, say 20 pips or similar over a minute or two he will step aside. I don't think he looks at the orderflow to make...Ignored
DislikedGood morning guys!! I was wondering about this point yesterday: Why do you think the levels have a higher winning ratio in the Asian sessions, even that we are placing limit orders there?? Placing limit orders means that we are still giving a second try to the levels already tested and also we are ignoring macro news ( even there are less macro at this time ), but still we are not taking into account the 2 main rules for trading the levels and we are getting excellent results... I would really appreciate your thoughts about this matter. Happy trading!!...Ignored
DislikedGood morning guys!! I was wondering about this point yesterday: Why do you think the levels have a higher winning ratio in the Asian sessions, even that we are placing limit orders there?? Placing limit orders means that we are still giving a second try to the levels already tested and also we are ignoring macro news ( even there are less macro at this time ), but still we are not taking into account the 2 main rules for trading the levels and we are getting excellent results... I would really appreciate your thoughts about this matter. Happy trading!!...Ignored
Disliked{quote} morning Manquito, in actual fact the Asian period is no better & no worse than any other time, and for many traders will actually prove to be worse for the simple reason that on many platforms the spread will widen overnight bringing the stop loss that much closer & the PT that much further away. This chart below uses a straight 20 pip stop & 20 pip PT....{image}Ignored
Disliked{quote} morning Manquito, in actual fact the Asian period is no better & no worse than any other time, and for many traders will actually prove to be worse for the simple reason that on many platforms the spread will widen overnight bringing the stop loss that much closer & the PT that much further away. This chart below uses a straight 20 pip stop & 20 pip PT, it is inclusive of spread and in principle could have been achieved by anyone. I accept it avoids both news & tests throughout, so your point about trading trading irrespective of tests &...Ignored
Disliked{quote} It shows that the theory i.e. markets are comparatively fairly more predictable during Asian Session has some sort of life. To me, the reasons may be low volatility, and huge involvement of range traders.Ignored
DislikedNew EU level created - 1.0756? Short....? Any thoughts? Edit: Just took it - up 6 pips so far..... Edit: Closed at +20 pips. Thank you Dale for the principles you have taught. I'd be keen to still know if you would have considered it as a good level.Ignored
Disliked{quote} Congratts Jako... But, I think you might have meant 1.0746 instead (short term support coupled with price shooting down with enough volume to let it considered as a valid entry point)... I don't see 1.0756 being triggered so far... Cheers...,!Ignored
DislikedHallo all together and sorry for my bad english, it is not my mother language. Im new here i have a demo account witn MT4 and i learn to trade Forex. This thread is a good job, thanks from me. Im reading your thread, im on p. 17 now. Today i have tried to start sell/buy-Limit orders for eurusd, usdcad and usdjpy, but they did not start. Why??? i don't know... I send you my MT4-screen. Coud you explain me?? Many thanks vvm {image}Ignored
DislikedHello my friends! Here is my Daily levels commentary for 30.3.2017. I hope you will like it! https://www.youtube.com/watch?v=8kPEQB7XUQUIgnored
DislikedDale (or anyone please - especially Ziggy [no offence to anyone else]) - can I ask (what I think is an important) question about testing levels.....? Sometimes if you just watch the 30 minute chart you cannot tell it's been tested because on the same candle it has moved up and down. And then you can only see it's been tested by going down to the 5/15 minute chart. So my question is - do you consider it tested if on the 30 min chart you cannot see it - because the price action as a whole on the chart has not tested the level? Or would you consider...Ignored