If you trade like me, you'll be homeless and broke within a week.
Goldilocks All Time Return:
69.5%
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
DislikedHello guys! New levels for 11.4. are HERE (http://trader-dale.com/daily-levels/)Ignored
DislikedHello guys, the eur/usd short we are approaching is 1.0624-1.0625. There was a slight difference between forex and futures yesterday when I was making my levels. You may want to shift this level a bit higher because of that.Ignored
Disliked{quote} Hi Dale, Would you be so kind to explain the reason for choosing the level Short USDJPY @ 110.13 When I zoomed out the chart, it appears that 110.13 are strong support levels. The only plausible explanation I could think of, is that you expect the strong support levels to become resistance, hence placing the short at 110.13? {image}Ignored
DislikedHi, i believe EU 1.0624 could be tested, has a 8pip drop, anyone considering otherwise?Ignored
DislikedHi, i believe EU 1.0624 could be tested, has a 8pip drop, anyone considering otherwise?Ignored
Disliked{quote} It's 1.0622 not 1.0624. With my broker, ask price did not touch the 1.06220 in Forex quotes, so it did not get filled. Buy price however did touch the level, so it is considered tested now.Ignored
DislikedThanks for amazing response Ziggy! That indeed puts things into perspective and shows there are many ways to adjust this amazing strategy. I will definitely consider your input. My thought process is to rather get 10 pips and get out. For me its always 2-3% risk per trade for now so it does not make difference in regards to money made just that 10 pips is 'faster'. But it also means faster losses of course. I would assume people trade with consistent amount of risk for each trade otherwise it would seem irrational. So it boils down to how people...Ignored
DislikedAs some will know I have some time constraints for both trading & posting these days, but today I am able to trade up to around 15:00 I was happy to take the EU trade at the originally posted level as my personal criteria for a test hadn't been breached, I also trade for a 20 pip PT which has just been banked, thanks Dale. A question above regarding length of time a trade is open, if you are trading with a 12 pip stop that can be problematical, I use a 20 pip stop and all the evidence I have, and I've recorded every trade in this thread, is that...Ignored
DislikedHi Ziggy, great post as usual. Is these numbers using your Money Management reducing the SL as price moves in your favor as previously described? Thanks PC {quote}Ignored
Disliked{quote} Hey Ziggy, Were the results in the graph using the alternative stop moving method?Ignored