EU level formed at 1.08585

Trader Dale - daily trading levels

Your volumes will be different if you use a different broker. But he doesn't use forex volumes for his daily levels anyway.

Trader Dale - daily trading levels

Dale had a trade explorer at one point. Don't you remember?

Trader Dale - daily trading levels

Did you not take the loss during Asian session?

Trader Dale - daily trading levels

Maybe something for you all to try so that you better your risk reward... look for your usual setup draw a fibonacci from high/low set your sell/buy at the 50% or 61% re-tracement. Move SL to low/high +/- 15 pips if the candle moved in your favour.

Monthly Profit - Daily Trading using SMA

AJ yes! One of my levels was tested though. I've tried EJ in the past but the levels never seem to respond.

Trader Dale - daily trading levels

I sold on the 15th

Monthly Profit - Daily Trading using SMA

I didn't. i was up 80% and then wiped it all out. I backtested afterwards to see what the issue was and i found that the Risk Reward Ratio has to be just right for it to work. Don't take huge candles as a signal for example.

Monthly Profit - Daily Trading using SMA

I don't think you should focus on number of pips. Better to ask the monthly profit %

Monthly Profit - Daily Trading using SMA

Dale, Have you have you ever experimented with doing your own Futures cross? Like to get EUR/JPY you do E6M2017/J6M2017??

Trader Dale - daily trading levels

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Trader Dale - daily trading levels

Since Dale may have forsaken us today. Why not use his video and come up wit your own levels? Take less risk per trade and Learn

Trader Dale - daily trading levels

CME for futures. I use FXPro to translate into forex.

Trader Dale - daily trading levels

url

Trader Dale - daily trading levels

url So you count how far the Futures level is from the Futures price and deduct/add that to the current Forex price? Interesting... I believe he trades Forex, as Futures is too expensive. Additionally, he mentions that he often triggers his forex ...

Trader Dale - daily trading levels

I set a sell limit at the 23 fib retracement of EJ. SL is +15 pips of previous high. Although I think this could be greatly reduced if we used some other method. Just to increase the R:R ratio, as I believe this was the drawback of this strategy.

Monthly Profit - Daily Trading using SMA

EU short @ 1.0706

Trader Dale - daily trading levels

Nope. My EA is set to trade the Forex level and it was 0.2 pips away. As soon as I manage to get it to trigger on the futures level i will be happy!

Trader Dale - daily trading levels

Morning Dale, Any reason you would disagree with my UJ level? Additionally, what is your method for converting from a futures level to forex? My technique is to compare the charts and find the approximate level. Its hard sometimes because the ...

Trader Dale - daily trading levels

Pre-empting dales levels for tomorrow.

Trader Dale - daily trading levels