Trader Dale - daily trading levels

No thanks, I can make spreadsheets too. Based on "what if" theory.
I mean real acc, myfxbook or TE.

Since this is now a commercial thread, i will summarize my "review" about this paid system before anyone made up their mind to subscribe for the signal:-

 

1. There is NO proven record if this system is ever profitable. There is NO trade explorer, not even a demo one. Dale mentioned that he was using ICmarket but he never put up his trade explorer here nor myfxbook. It takes only 1 minute to setup and even a 5 year old can do it. It's just people don't have the record to prove it. Don't believe what others told you about the winning percentage unless you see yourself through a LIVE trade explorer (thank god for this to filter out winning and losing traders in a fast way). He was using a spreadsheet to record down all his winning/losing trades which can be easily modified. Also, no offense ziggy, the spreadsheet you created just looks good but it is not practical. It is like those spreadsheet where you start with a $1000 account and after 25 winning trades with a 2% risk, you can become a billionaire. No it's not practical and it's not real. I believe you are a good guy but still, you got used by dale for your good heart. Or maybe, you are actually with dale together in this, well, who cares now anyway since this is already commercialized.
2. Trade dale is coy and mostly post results when they are winning. Some losing ones he ignored. Either it was tested too early (well, some of them are according to his rule) but it was too subjective. If you subscribe to his signal, be aware that this will be one of his excuse also. He can say he didnt take this signal because it was tested earlier. Thus, marginally reducing his losing percentage and got you scratching your head wondering if it is his signal or your own problem. Yet, you pay on for another new month. Another excuse is there will be red news coming up, and when it's winning, it will be translated as this news is not important. When it's losing, i avoided it because of red news. Back to the first point, trade explorer shows everything which is NADA.
3. Ignores most negative comments even though it's targeting directly towards him and will trigger even the most patience people. Very carefully planned and highly manipulative. It seems like he is polite and good manner but in fact, it's too fake. Highly intelligent but in the end, he's out to get your money

Will i pay for his service? No. Because it is too expensive and it does not guarantee any return at all. Most of all, i don't approve of his method of selling the service. Too coy and manipulative from the beginning. These kind of people will smile infront of you and stab you in the back and pretend nothings happened.

If it's $0.99, yea, i will pay for it. Come on people, $99 per month? Not to mention you still have to pay for tradingview unless you want to follow blindly his signal and don't know why he took those trades.

That is my personal review about this signal service. Bash me all you want but this is a open forum and i can express my comments freely.

Let's talk about today AUDUSD move down, it left there spike's volume during the day.
Where are you considering to place a short, if any? In your opinion are all three good levels, or as a general rule is it better to consider only today POC?
I am thinking about 0.7487 (POC) and maybe 0.7473 (VAL)...
of course we have to see and wait what will happen after FOMC this evening...

Hello everyone,

I have been following Dale when I could as in the workday I have a real job that I like. I just like trading as a passion and money management is the key. I beleive market profile is a strategy that is consistent in terms of probability theory and the levels that Dales choses are the ones that equal to 0 in the Gaussian curve so most probable for a reaction especially if match S/R level, Fibo levels or Channel lines, trend lines. My accout is in small profit but not as good as Dale claims to be.

I am the one that kept asking Dale to open a MAM/PAMM accout or multi managed accout so we can properly invest in him and he would get a fee (e.g. 20-30%) as any other real Money Manager does. He never replied to me about this and for this reason I start to think he does not want to expose himself too much for some reason. He is afraid of managing other people money, he does not want this big responsability he prefers to sell a service unaffordable for many of his followers without showing any real MYFXbook accout certified result, for this I am suspicious.


Bye

But you said if it was cheaper ($0.99), you'd buy it. Even though according to you it has no proven track record, no guarantee that it's profitable, that the results aren't realistic, that he isn't honest about his losing trades, that he's fake and that he is "the kind of people will smile infront of you and stab you in the back and pretend nothings happened."
If I had that view of someone or someone's product / serivce I wouldn't even take it if it was free.

You make it seem like a money issue more than anything else, but then again, money is relative.

You don't need trading view. To be honest I don't get why anyone would need the signal service after reading this thread from the start. So i tend to think that those who are complaining still haven't got it.

Do yourselves a favour, stop whinging and actually do some hard work like ziggy did and go through each and every setup and analyse the chart. You don't need a futures feed, this works perfectly on spot. Read all Dales posts and ziggys. And if after going through all the trades and posts, you still don't get it, then trading is not for you, you're not wired up for it. It's that simple.

Just to add my 2 cents to Dales decision. I`m as well left with mixed feelings and without doubt this was his intention from the beginning. He started his marketing campaign all over the trading forums not just on ff around October... see links below.

www.trade2win.com/boards/forex/219188-trader-dale-intraday-levels-daily.html

www.trade2win.com/boards/members/565220-trader-dale.html

www.myfxbook.com/members/TraderDale99

www.myfxbook.com/members/TraderDale99/trader-dale/1874650

https://www.earnforex.com/forum/threads/trader-dale-intraday-signals-from-profi-trader.22546/

https://futures.io/traders-hideout/40806-trader-dale-intraday-levels-daily.html


Hats off to the great marketing plan. On one forum he says he's from US, the other says Czech and on ff it's Switzerland I guess only the Nigerian prince is missing. I wonder where he pays taxes. Anyway it was a good experience with a bitter end. Thanks Dale or Ondrej or whoever you are

Well, I'm currently a member because I wanted to try it out (bash me if you want, call me a sheep or something along those lines, tbh I don't care much). But I do know that you're making some wrong assumptions. The "service" isn't only about the signals and I wouldn't be taking it if that was the case. So not bashing, just pointing a few things out:

1. You're "revewing" something you haven't actually tried (since you said you didn't pay for it). Like you said, you can express your comments freely, but this isn't a review.
2. "Not to mention you still have to pay for tradingview unless you want to follow blindly his signal and don't know why he took those trades." While it's true that you have to pay for the tradingview membership if you want to look at volume in the tradingview charts, every day he uploads a video explaining why he takes each and every one of his levels. This why I say your review isn't actually a review.
3. "It is like those spreadsheet where you start with a $1000 account and after 25 winning trades with a 2% risk, you can become a billionaire." Except that you don't and nobody expects that. Not every trade is a winner and as Dale stated "There would have to be perfect trading conditions with no slippages" for these things to happen.
4. Dale posts his losers as well. He doesn't hide them. People will believe what they want to believe. Even sometimes he'd say "I didn't take this because it was a retest but it would've end up in profit", and those didn't appear at the end of the month. I'll post something that was said a while back by Lookleft: "Remember trading is discretionary so no matter how accurate Dale's levels are you should always look at price action. With the news and price momentum there wasn't much that was going to stop it." If you expect to have the same results as Dale just by following signals blindly, then you're on the wrong path. Dale's style is intraday with a somewhat tight stoploss and levels can and will get tested sometimes, so you have to look for that, news and price momentum. The closer you look at this, the better your results will be. Unfortunately, it's not a set and forget if you're looking for that.

What I'm starting to believe is that people want everything to be too easy.

I'm not saying this service is good / bad because it's too early to tell. Followers of this thread have lost and won money. I know this hasn't worked out for everyone, but this has worked for me, and that's why I decided to try it out and I'm paying basically with money I've earned using it.

I might give a more in-depth review at the end of the month if someone's interested, but so far it seems to be delivering.

I also have joined Dale's new membership for 1 reason and 1 reason only.. I have made enough money from his thread here to pay for a few months at minimum at his new site. I have always used Dale's call's as a place for me to examine and then use my OWN discretion if I will take the trade or not. I do NOT BLINDLY follow anyone's trades, I only use it as a reference point, so to speak.

I have also really appreciated Sandmann's and Ziggy's post in this thread and learned alot from them and other's here.

Sandmann I really hope you at least stay here at FF and we can all still work together on this method .. I have alot of appreciation for your posts here.

Please use common sense when reasoning with others. Would you buy his service if it was $9999 per month? It's quite clear he is after the money. $0.99 is too cheap and he won't earn much after all his efforts of marketing. $9.90 is just meh. $99 is just right. He would need about 100 subscribers and he would be earning $10k per month. The way i see it, there are already two here.

Did you guys look at sandman's posts? Did you see the links he posted? So many other forums for his marketing scheme. Oh, there's a myfxbook link too. I took a quick glance at it and it didn't seem like he's using his own method also. I have no energy to verify his trades but if he is not trading his own method, then why should you? People with such great skill in marketing will surely post their winning results from myfxbook. well unless they don't have a winning record.

I'm done reasoning with you guys. It's your money, do whatever you guys want with it. I'm just stating the facts for other interested parties.

Thanks mate. I think you hit the spot exactly - use some of the money I helped you earn for a membership.

And no, I wouldn't pay $9999 because I wouldn't be able to afford it. He's charging $99, which is reasonable unless you're barely making ends meet (in which case I don't know why you'd be trading). As I said, I earned it using his method, therefore I don't mind. For those who tried using Dale's method / levels and didn't work, maybe this isn't for you.

IMPORTANT !
Hello guys,
I really like that people are discussing their levels, market profile and ideas here. I go through this thread every day I read the posts and also try to contribute with my own ideas, sometimes with some level that I consider good or link to my past trades or articles. I really like the friendly and helping community here.
It makes me sad that that there are people who don't really stick to the trading topics and going all personal and aggressive.
Even though I extremely hate deleting comments/banning etc. I will do it because I want this thread to remain nice and friendly. From now on I will ban everybody who doesn't stick to friendly tone and trading topics. I am sorry for being so strict about it but I feel that it is necessary.
*If you think that "absolutely free speech" would be better please PM me and I won't be banning anybody.

The outburst was expected when it changed to commercial, but hopefully this will keep the thread friendly.

Thanks Dale

Dale. You are nice guy.

In fact you are too nice. Helping all these people....

Not banning anyone yet, even TooSlow...?? Come on. It's time!!!

I suggested "strong arm" months ago thread would have been so clean...

As to the paid service and new site - would you publish a current result or account in a PAMM or myfxbook etc..?? Put a link if you have done. I might sign on!! Easy profit as I witnessed.

Thanks again.

I just wrote one comment about Ondrej Branek strategy and he deleted my comment

Funny

I have the same tools as him

I just want to say Dale has helped me and my trading, his method is profitable, and when i can i will sign up.
thanks Dale

Here are my thoughts that led me to trading those two levels.
I would just add that I don't consider VAL and VAH support/resist zones. I don't watch/trade them.
Also - if price is balanced it doesn't necessarily mean that the market is waiting for new info. It could mean that one side of the market (for example sellers) is cummulating their positions (slowly and not too aggresively so they don't reveal their presence/intentions).


I hope it is clear enough

USDJPY long @ 112.34

YES! I also have it