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Trader Dale - daily trading levels

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  • Post #7,241
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  • May 1, 2017 5:16pm May 1, 2017 5:16pm
  •  Trader-Dale
  • | Membership Revoked | Joined Sep 2016 | 1,511 Posts
Hello guys,
I am glad for your kind words. Thanks
*I would be careful on usd/jpy short trades. this market looks like it is ready to shoot up. But it is just my opinion, I am not betting my money on that
On the other hand there is still the gap from last week. I think it could be filled during FOMC on Wednesday though...
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  • Post #7,242
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  • May 1, 2017 5:17pm May 1, 2017 5:17pm
  •  TooSlow
  • Joined Mar 2012 | Status: Trader | 10,831 Posts
Quoting Trader-Dale
Disliked
IMPORTANT Hello guys, you may have noticed that I have changed my website a bit and added a Members Area. I will now be publishing my levels (intraday + swing) only there and take care of my members as much as I can there. You are all very welcome to my members area. HERE (www.members.trader-dale.com/forex-trading-course/) Nothing better than to have my favourite guys from forex factory there! Really! If you are wondering whether I will still run this thread - Yes I will but I won't be able to spend that much time here since I...
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Have you forsaken the dependent ones?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
4
  • Post #7,243
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  • May 1, 2017 5:21pm May 1, 2017 5:21pm
  •  shimmering
  • | Commercial Member | Joined Apr 2011 | 552 Posts
Dale, are you no later no longer going to publish your levels here?
  • Post #7,244
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  • May 1, 2017 5:50pm May 1, 2017 5:50pm
  •  pipps
  • Joined Jul 2013 | Status: Member | 171 Posts
Quoting shimmering
Disliked
Dale, are you no later no longer going to publish your levels here?
Ignored
apparently not. He does as most members here do...create a system that works, get others dependent on it (although he has explained in detail how to establish the levels), and then set up a website to be able to earn income by charging them for the info. I figured this was likely to happen and I did warn some that they should learn how to figure out the levels because IF he decided to charge OR if something happened to him, then the dependent traders would be helpless. NEVER be dependent on anyone else to tell you where/when to trade. That is not trading as an excellent trader. That is trading as an 'employee'.

With that said, it is sad for many that he has chosen this route but i fully understand why. It does take a lot of time to create a good system, and to support others in the pursuit of excellent trading. I found Dales site through one of my students so I have been monitoring the system for the past few months and it is quite workable with good results. Personally I will stick with my system but for anyone NOT having a successful system of at least 65% win trades, then you will not go wrong by taking one of his memberships. Education does cost. Not much is free. Please learn that. When you see the potential of returns, you will understand that the investment in your education is minimal. My students make several times Dales yearly subscription fee within three months of trading starting with a $200 account.

Please also understand that I have never met Dale. I have not communicated with him. I have posted only once or twice here. I have NO vested interest in his venture. I do however have a belief that he is an honest person and as i said before his results are good.

I just wish there were more people that do not feel the need to charge for their system. I toyed with charging my group of traders for my expertise but decided against it. I make enough from trading.
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  • Post #7,245
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  • Edited at 6:13pm May 1, 2017 6:01pm | Edited at 6:13pm
  •  richie69
  • | Joined Apr 2016 | Status: Member | 6 Posts
Quoting jmtini
Disliked
{quote} Do please continue to post your levels. I think it would be nice to keep this thread going and people who want to can share their levels. If anyone wants I can share my divergence signals too
Ignored
I usually don't take those trades blindly. I am looking for some confirmation from order flow as well (or waiting for some huge pending limit order). another thing is that I don't have strict TP/SL. I use to split position into 2 smaller ones and close one after the first reaction (before the first pullback) and the second part I use to keep with tighter SL (behind the new pivot low/high created after the pullback). If there is something wrong in order flow (aggressive sellers when I am long and vice versa), I quit it earlier. so those levels are some kind of "point of interest". I am not sure what would be profitability if those are taken blindly. however, I am expecting at least some kind of reaction there. for 6J it worked out nicely today. however, I took it with a smaller position because there was a rotation under the level and I was expecting slow, steady move to the level without any rotation or strong pullback. I am trying to adjust each trade to the market's conditions. so I use those levels a bit different way. maybe I will post something sometimes, but not daily. I don't trade every day. there is also plenty of good ideas already.
today I also took short for 6A (based on strong sellers' activity from the past). for tomorrow I will keep an eye for levels attached. good luck all.
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  • Post #7,246
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  • May 1, 2017 6:03pm May 1, 2017 6:03pm
  •  manimashin
  • | Joined Aug 2016 | Status: Member | 37 Posts
Quoting Trader-Dale
Disliked
... I made this step because I feel it would be better to have smaller and closer community of traders to commit myself to...
Ignored
This is a lie. You took this step so that you can make money from people. Guys, although Dale signals are sometimes right, you have to ask yourself this question - are you in profit following his signals? How much money have you made this past month of April for example, following his signals?
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  • Post #7,247
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  • May 1, 2017 6:29pm May 1, 2017 6:29pm
  •  manimashin
  • | Joined Aug 2016 | Status: Member | 37 Posts
Common sense is - if you are making thousands or at least hundreds of dollars a month using Dale signals then giving him 100$ shouldn't be a big problem.
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  • Post #7,248
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  • May 1, 2017 6:37pm May 1, 2017 6:37pm
  •  Not-KPMG
  • Joined Jun 2015 | Status: Member | 14,501 Posts
Quoting manimashin
Disliked
{quote} This is a lie. You took this step so that you can make money from people. Guys, although Dale signals are sometimes right, you have to ask yourself this question - are you in profit following his signals? How much money have you made this past month of April for example, following his signals?
Ignored
Dale, you are great guy. Accurate, polite, helpful. Good help for many. Thanks!!!

What more can people ask for???

All,
what's with complaining etc?? If he wants to sell a service - buy or not buy -your choice. Ehh what's the problem? Were you better or smarter 6 months ago??
Say thanks at least
Beware of robber banks (RB), bad advisors. ;)
Der Trader All Time Pips: 52,970
  • Post #7,249
  • Quote
  • May 1, 2017 8:16pm May 1, 2017 8:16pm
  •  fxmojo16
  • | Joined Feb 2017 | Status: Junior Member | 1 Post
Silent reader here.

I appreciate everything you did Dale and Ziggy and Sevan who made all the EAs and updates afterwards. Although I was late to the party (two month in), I read every single post in the forum and was practicing but not quite getting what you got. But when the videos came, it was like all the pieces of the puzzle just fell into place.

You even mentioned step by step of how to get those levels in those videos and I truly appreciate it.

I tried and failed and failed and failed but eventually got it because I knew this day would come and I totally understand why. And here is my two cents:

Most of us say if Dale can make money why does he charge. Well, because of his time. I think TIME has been so disposable or wasted by most of us that it does not appear to be a commodity anymore until we are out of it. Maybe that's why we hear all those life changing stories when people swear to change their lives when they are about to die. All of us know any of these phrases, time is money, you cannot go back to even a second earlier, time is priceless and etc.

So, yes. Time is money and we all had Dale's time and attention for the past 7 months. Call it a scheme to get subscribers, call it Marketing as I do (pretty smart I might add because he proved himself before asking for anything, how many people out there you know would do the same? besides the 30 days money back guarantee?)

Plus, everything you want to know is already in this forum, you just have to spend YOUR TIME and get the levels YOURSELF and if you want Dale's TIME, you now have to purchase the commodity.

Peace to everyone and put the work and TIME behind it. You will get it.
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  • Post #7,250
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  • May 1, 2017 8:47pm May 1, 2017 8:47pm
  •  sciborg
  • | Joined Apr 2012 | Status: Member | 6 Posts
I have been following this thread since the beginning. And since the beginning I always thought eventually Dale would turn this into some type of paid membership at his website when he built it. And I think it's 100% smart and fair.. Dale is offering a service that he proved to us for 7 months for FREE. He now has turned this free service into a paid service, you either buy it or you don't. A lot of us in this thread have made money from Dale and some haven't.

Those that dont want to pay for the service, there should be enough info in this thread to learn it on your own, I would suggest learning no matter if you pay for the service or not. It's always better to know how your trading..

I wish everyone the best and hope we all make some $$$$$$
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  • Post #7,251
  • Quote
  • Edited at 9:23pm May 1, 2017 9:11pm | Edited at 9:23pm
  •  januszo
  • | Joined Jan 2016 | Status: Member | 463 Posts
Quoting TooSlow
Disliked
{quote} {image} Have you forsaken the dependent ones?
Ignored
Go loose yr time somewhere else, don't bring yr noisy spirit here, please.
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  • Post #7,252
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  • May 2, 2017 3:13am May 2, 2017 3:13am
  •  ziggy
  • Joined Feb 2009 | Status: Member | 604 Posts
Thanks Dale for sharing for free for 7 months, and even now anyone can go through this thread and find a great deal which will help them in their trading. I wonder if any who are angry would be prepared to share their work for 7 months and respond to many questions - it takes time and effort to do that. I echo the comments of those who appreciate all you've done here Dale. Great trading to you and I hope the spin off venture works really well. Cheers Ziggy
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  • Post #7,253
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  • May 2, 2017 4:51am May 2, 2017 4:51am
  •  caledonia
  • | Joined Apr 2016 | Status: Member | 135 Posts
Quoting ziggy
Disliked
Thanks Dale for sharing for free for 7 months, and even now anyone can go through this thread and find a great deal which will help them in their trading. I wonder if any who are angry would be prepared to share their work for 7 months and respond to many questions - it takes time and effort to do that. I echo the comments of those who appreciate all you've done here Dale. Great trading to you and I hope the spin off venture works really well. Cheers Ziggy
Ignored
Anger is a strong word. Disappointment is one that reflects my feeling. I signed up to Dales web site as soon as he started it. It was quite basic but the information was interesting. I downloaded the indicators to have a look see how they worked and to see if I could also see the daily levels. Then I came on here yesterday to see he had changed the web site and there was an email telling me the same thing. So I had a look and now all information has to be payed for. It seems I joined something that is now useless unless I pay. I can understand someone wanting to make money. I can understand someone selling expertise but why not be upfront about it from the beginning when he started the web site? He could have said then what his intentions were instead of people like me wasting time joining something that was going to be useless in a few weeks. Many people on here are novice traders reading hundreds of posts for hints and tips as to how to best read the market. No one starting out is making constant profit unless they are very lucky so having all the free information on here is a god send. Luckily I don't rely on this information just use it as a learning tool so its on wards and upwards.
But yes, disappointed is the word.

Unsubscribe button clicked
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  • Post #7,254
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  • May 2, 2017 4:59am May 2, 2017 4:59am
  •  ziggy
  • Joined Feb 2009 | Status: Member | 604 Posts
Understandable Caledonia, I know it's a big ask but if anyone were to want to learn the technique then reading this thread, using a profile tool they can practice their expertise without either having to pay for it or trade with real money - the past info is here and by practicing I recon at least 80% of the levels can be found - it would be time well spent to learn a trading skill - but yes I can understand the disappointment.
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  • Post #7,255
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  • Edited at 6:50am May 2, 2017 6:22am | Edited at 6:50am
  •  simond2002
  • Joined May 2012 | Status: ... | 1,937 Posts
Quoting ziggy
Disliked
I wonder if any who are angry would be prepared to share their work for 7 months and respond to many questions - it takes time and effort to do that.
Ignored
Are you kidding? There are plenty of examples of people who've shared their trading knowledge and experience in real time for years on this website without ever asking for a single penny. redsword11 was one such trader. The day "Trader-Dale" fished red's (and others') subscriber base to punt his own thread that has ultimately led to a paying website is, the day he stepped over the line. And that was early on in "Trader-Dale's" FF career.

We all want to make a living and regardless of whether or not "Trader-Dale's" version of market-profiling/signals has opened certain peoples eyes, the way he's gone about recruiting paying members for his website is parasitical. On his own website he's currently punting you as a friend and "professional trader". Were you aware of this title, "professional trader"? Did you personally agree to it? Is the title one that you bestow upon yourself?

@anyone who's listening. There are no free lunches in this game. If you want to be a trader then learn how to trade. That journey begins with a state of mind. Sure, pay for signals if you want, fund a live account even. But if somewhere down the line that all goes wrong and you end up losing money whilst remaining ignorant (in market terms) of why and how that was, then I'm afraid you only have yourself to blame.

If you're going to pay "Trader-Dale" then due diligence is imperative:

1. What is Trader-Dale's real full name?
2. What does Trader-Dale look like?
3. Are you paying your money to Trader-Dale or are you paying it to a company?
4. Can you trace the above?
5. Does the legal jurisdiction in which you live have legal jurisdiction in Trader-Dale's place of residence? In other words, if Trader-Dale defrauds you, can your legal representative issue an arrest warrant?

These are the most basic questions a person should ask themselves before parting with any money over the Internet. Personally, if you want to pay for a trading service I wouldn't pay money to "Trader-Dale" at all. The trader called, Charlie Burton over at Ezeetrader.com (ezeetrader.com/) would be a much better place to start looking, in my opinion. At the very least, Charlie and his partners seem to have relied upon their own hard work to build their client base and appear transparent in terms of the most basic questions listed above.
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  • Post #7,256
  • Quote
  • May 2, 2017 6:28am May 2, 2017 6:28am
  •  HemDir
  • | Joined Dec 2016 | Status: Member | 76 Posts
Quoting TooSlow
Disliked
{quote} {image} Have you forsaken the dependent ones?
Ignored
Well Mr. TooSlow,

I actually looked at both - your thread and Dale's - and clearly decided to concentrate on Dale's thread. I strongly guess, this is - to the most part - due to my affinity to behaviour, respect, class and style ! Your sporadic comments here (which are in fact disrespectful towards the followers of this thread, so myself included ) - only in my personal opinion - as well as the partially presumptious treatment of your own followers, indicate some sort of missing focus on that area of human character (despite all your funny comments from Bruce Lee ).
I think it was you asking for a detailed description of the essentials of Dale's system. So, if you would have been an active part here, and given your "tremendous" level of knowledge and wisdom it would be easy as "1-2-3" to have figured it out in detail with the information provided gradually. And you see, maybe that's what happened to the "dependents". They/we may have got some significant insight and maybe, only maybe they/we are able to make use of it, somehow... independent .

I apologize to all others for the off-topic and know it is not goaloriented. However, that has been bothering me for quite a while.

Cheers and kind regards
  • Post #7,257
  • Quote
  • May 2, 2017 6:38am May 2, 2017 6:38am
  •  timos
  • Joined Sep 2012 | Status: Member | 1,056 Posts
Since the moment he mentioned his website, I saw this coming.

Guys,this was a well planned marketing.
His website was created 7 months ago,the same time he started offering his levels here.
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He claims to be from Switzerland as well but the above information's say the opposite.

Conclusion is yours and congratulations Dale for this smart marketing An ex-affiliate marketer
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  • Post #7,258
  • Quote
  • May 2, 2017 8:12am May 2, 2017 8:12am
  •  richi69
  • | Joined Oct 2016 | Status: Member | 12 Posts
I suspected something at the beggining, but I was hoping I was wrong. I think Dale was a student of one very valuable czech company which is providing (really great) tools and knowledge. I believe that initialz like LT, RD (aces in czech FX world) are well known for him. That's also the reason why I didn't share "my" levels. Those levels are not mine. I gained knowledge from the company to be able to determine them. Spreading some company's know-how without permission is just not right. so if anyone would like to continue the market profile way, I believe the better invested money would be to pay the company to give you required know-how than blindy following levels based on some rules. it's always better to "know how to fish" than to get piece of fish everyday.
regarding levels I published for today:
6B turned 2 pips sooner - I entered the trade sooner by those 2 pips -> ended in quick profit, no counter-move
6J - strong counter-move after I took the trade -> I was looking for exit point, hope for profit was gone after 8 pips of counter-move -> went out at BE (now it would be +8 pips profit)
conclusion: during yesterday and today there were 3 trades - 1 won, 1 BE, 1 turned sooner, but could be taken anyway.
I provided those levels only for education purposes to WATCH the market's reactions and learn from this.
3
  • Post #7,259
  • Quote
  • May 2, 2017 8:16am May 2, 2017 8:16am
  •  DrBeercan
  • | Joined Aug 2016 | Status: Member | 398 Posts
This is such a shame to see so many people make many comments on Dale having announced his intention to become commercial.
He has consistently provided a free service for quite some time. I would suggest if there is a heavy reliance on being provided a trading plan then is trading the right thing for that person. Learning self reliance is where people should be, being part of a group of people investing should also be a good place to be and I believe Dale has shown himself to be a reliable person to talk ideas through; unfortunately in this modern age time is valuable.
On a personal front, I won't be paying for a service right now as my style of trading whilst holding down a day job doesn't give me a return on my investment. But I won't rule out taking on a subscription with Dale in the future.
You have to ask yourself what can I achieve myself today and what do I need to achieve in my trading. When do I need help. If you can honestly answer that question and it results in 'I need help' then Dale can't be a bad mentor?
Anyway thank you Dale for all that you have provided so far, I do hope you drop by your thread regularly for a quick hello and check up on us all who hopefully will keep the thread alive.
Take 1 step forward, two small steps back
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  • Post #7,260
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  • May 2, 2017 8:19am May 2, 2017 8:19am
  •  TooSlow
  • Joined Mar 2012 | Status: Trader | 10,831 Posts
Quoting HemDir
Disliked
{quote} Well Mr. TooSlow, I actually looked at both - your thread and Dale's - and clearly decided to concentrate on Dale's thread. I strongly guess, this is - to the most part - due to my affinity to behaviour, respect, class and style ! Your sporadic comments here (which are in fact disrespectful towards the followers of this thread, so myself included ) - only in my personal opinion - as well as the partially presumptious treatment of your own followers, indicate some sort of missing...
Ignored
Have I posted anything false?
Sometimes truth and facts strike a nerve.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
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