hi civilpes - if you let me know exactly how you define success rate I'll apply it to my stats. my criteria for a compoundable approach requires 3 things 1. A reasonable strike rate - I know not everyone uses this criteria, but I prefer little and ...

Trader Dale - daily trading levels

I was happy to enter despite the reaction, it's within my tolerance and these 2 screen shots perhaps help to explain why I'm ok with trading it. It might not work out but I'm perfectly happy with whatever comes image image

Trader Dale - daily trading levels

Dale uses the futures chart, if that gets to the level he trades it. It sometimes means Dale will get a PT where the spot market never reaches the level - doesn't happen often

Trader Dale - daily trading levels

I don't trade on FXCM, but do use their MT4 platform for charts & records - I trade with core spreads and those spreads can be got at their minimum trade level of £1 per pip.............. and as it's spread betting under current rules it's not ...

Trader Dale - daily trading levels

Hi Manquito, 1. Includes Asian session from the beginning of Dale posting 2. This data assumes the use of limit orders for entry, where short trades are taken at the level given and long trades at the level + my spread Eu 0.7, AU 0.8, Cad 1.0, Yen ...

Trader Dale - daily trading levels

Hi HappyMe, for long trades I add my spread to the level as on FXCM MT4 (even tho I don't trade on MT4 or fxcm) that is how their pricing works, I was actually filled on the first visit and that was very lucky as I think it must have been right at ...

Trader Dale - daily trading levels

Cheers DrB, ggodluck to those Lillywhites.......... I think you've a much better chance of a final appearance than the gunners have but stranger things have happened

Trader Dale - daily trading levels

nice going Iena, my PT missed by the spread - still time tho edit +1

Trader Dale - daily trading levels

anyone going for less than 20 on the Cad trade should have had it by now +20 missed by the spread so it will now either be +20 or +1 for me, either way a great end to the week thanks Dale - trust you are well on the mend now Cheers Ziggy

Trader Dale - daily trading levels

took a bit of time, but +20 EU thanks Dale

Trader Dale - daily trading levels

I know this is stating "the bleedin obvious" but whatever you do by the end of the day do make sure you have no pending or open orders on anything which might be affected by the euro, the first round of the french election is due out on Sunday pm, ...

Trader Dale - daily trading levels

Dale uses the futures market when determining his levels, so is able to see "inside" the candles & volume we see on the spot forex market. Having seen a strong movement away from the lower congestion/accumulation zone price as you note pulls back. ...

Trader Dale - daily trading levels

personally I'm sticking with the one level which I see as being within the accumulation zone, for me the 98 level could be a good call as it was a rejection level so could now form support, it has the BRN going for it - I'd just prefer to see it ...

Trader Dale - daily trading levels

Hi Jako - if you go over to Dales web site you'll see he has a level at 1.3383.............. so I recon you can say you are pretty spot on

Trader Dale - daily trading levels

if you pop over to Dales web site you'll find his levels have bee posted

Trader Dale - daily trading levels

Hi Michelrio, You are asking if the results would be improved if "tested" levels were excluded. Please bear in mind that my results are based on past results and in terms of the big picture the sample size is pretty small, having said that past ...

Trader Dale - daily trading levels

took a long time but EU level short 1.0735 given on 31/3 paid out 20 overnight, worst it got to was 1.07355 so half a pip!! You could have said it was tested before being triggered but in the grand scheme of the move up I was happy to take it on. ...

Trader Dale - daily trading levels

well done - I was thinking more along the lines of anyone who was short when all the stops between 1.2800 and 1.2900 were removed in less than 1 minute, there will have been some horrible slippage on those stop orders!!

Trader Dale - daily trading levels

sorry to hear that Dale, hope you recover soon - markets will still be here............. ps, anyone who was short on cable is probably also pretty sick!!

Trader Dale - daily trading levels

The moving of the stop loss is a way of reducing risk, usually but not always, it is an alternative approach where the main purpose is to get risk reduced - it came about because I was/am aware that so folks are taking mighty big risks with their ...

Trader Dale - daily trading levels