Easter in the UK starts tomorrow, I know that both the US & Japan don't take Easter Friday as a holiday but if you intend leaving any orders open best make sure what your broker is doing, mine is shut all day tomorrow. Personally I'll not be trading ...

Trader Dale - daily trading levels

It's your choice when you close them down, but you do want to close them before the macro news items are released. You can reopen any orders that haven't been triggered during the news period once the volatility has died down

Trader Dale - daily trading levels

don't forget we have some big news items in 35mins time, I will not enter any fresh trades until that info is out.

Trader Dale - daily trading levels

taken -20 on EU, just so you know I don't only post good stuff

Trader Dale - daily trading levels

I'm not sure I understand you divergence, what I am saying is that if I took 200 trades and risked £100 on each one, then I'd have £6,000 profit to show for it - I'd say that was pretty good. I'd have 200 trades at £5 per pip, 132 would have won ...

Trader Dale - daily trading levels

I've been asked about strike rates etc regarding 20/20 and 12/10, firstly I have to say my data is black or white, it does or it doesn't. I hope you've all listened to Dales commentary, assuming you have you'll know that yesterday on the 12/10 ...

Trader Dale - daily trading levels

didn't read, heard on ransquwark - url it's costly but as it happens

Trader Dale - daily trading levels

yep - saying $ is getting too strong - stay out of the way edit - now saying China not a currency manipulator............. obviously doesn't want them dumping their bazillions of USD and has some good things to say about Yellen, but probably wont ...

Trader Dale - daily trading levels

Hi PC That's correct, the longest period I have between a level being put up and actually traded is 43 days, price got as far as 340 pips away from the level, when it eventually did return it went 2 pips past and then retreated for 50. Of course ...

Trader Dale - daily trading levels

Hi DatNgo - I've just answered the same question to pipcruiser so hopefully you've seen it

Trader Dale - daily trading levels

no PC, this involves no management except if your trade gets 20 pips up on the chart, but hasn't PT'd because of spread, then move the stop to BE. The trade management approach was/is an idea to be able to reduce risk as soon as possible, it came ...

Trader Dale - daily trading levels

That's great azm1, 2-3% is sensible, 10% clearly isn't but it gets the point across Making it your own is key - but I know a large number of people have moved on out of this thread without ever having made it work for them, and that is a great ...

Trader Dale - daily trading levels

As 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 ...

Trader Dale - daily trading levels

The Yen trade is getting close - a word or warning, there is talk of 150,000 Chinese troops amassing on Korean border, the Dow has lost approx 140 points in the last hour and the yen is regarded as a safe haven. You could call this a macro news ...

Trader Dale - daily trading levels

Well done Something you should consider is that the profile will look identical for a 24 hour period if it is on a 1 min timeframe or 24 hour timeframe, it is a record over a period of the volume of trades carried out during that entire period, ...

Trader Dale - daily trading levels

I have considered using a form of staking plan, but do not find it necessary - something to keep in mind if anyone explores the possibility is that it is not unusual to have more than 1 trade open at a time, so you cannot rely on a strict chrono ...

Trader Dale - daily trading levels

Hi Jako, what I do is have an alarm 6 pips in front of the level, when it pings I switch my chart to a 5 min chart and set another alarm 14 pips above the level. I can then both see the action and get a warning if my test rules get activated. For ...

Trader Dale - daily trading levels

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 ...

Trader Dale - daily trading levels

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 ...

Trader Dale - daily trading levels

it was the one you took 20 pips on late yesterday

Trader Dale - daily trading levels