USDJPY +20 (the more I practice the luckier I get type of trade) Been watching this pair for a possible drop. Price had been unable to break the BRN (114.000) and started heading down slowly. Waited for the break of DOL before entry. Expected a slow ...

A very simple system - trade with arrow

Lots of BOJ announcements during tomorrows Asian session so be careful about leaving any pending orders of open trades on the JPY pairs.

Trader Dale - daily trading levels

And a happy new year to you Fg

A very simple system - trade with arrow

You need to look at all aspects of a trade. USDCAD had a couple of back stops in a RN, a daily pivot and past S/R so unless it acted as a freight train on the way up it had a lo to get through.

Trader Dale - daily trading levels

Thanks for the work sevan. Gave the EA a test run with small lots on a live account and worked like a dream on all 4 hits. Claimed 37 pips all together as I closed one of the EURUSD trades manually for 7 pips when price got hung up. I will admit ...

Trader Dale - daily trading levels

USDJPY and EURUSD have both hit the ADR so keep a close eye on it Boss Lady has run out of things for me to do so I'll try and join you tomorrow.

A very simple system - trade with arrow

Nice one pips. I've been stalking that one but Boss Lady had me on shopping duty today. I'll be looking for a continuation tomorrow.

A very simple system - trade with arrow

Anybody know what his forum user name is

Trader Dale - daily trading levels

Bit of basic PA stuff. If you see a candle with big momentum heading towards a level be very aware.

Trader Dale - daily trading levels

I was "Trumped" by the talk of the US oil pipeline.

A very simple system - trade with arrow

Don't you just hate it when that happens Price had been rejected from the BRN waited for the break below daily 34ema, RN and previous bull candle image

A very simple system - trade with arrow

You'll find it a far better learning experience if you do your own back testing. Go back over the levels Dale has posted and see what your results would have been based on the basic rules and what you see on the chart. Then compare your results with ...

Trader Dale - daily trading levels

Go to Dale's profile and you'll find it on the left hand side

Trader Dale - daily trading levels

Keep a close eye on the Brexit court ruling at 9.30am GMT

A very simple system - trade with arrow

You don't increase lot size when you scale in. I'll PM you a link to save clogging up the thread.

Trader Dale - daily trading levels

Lot size is always determined by the amount you are willing to risk on a trade (usually 2 or 3 % of account balance) and the calculated SL Here's a link to a useful calculator url Another method is to enter the trade with a small lot size and ...

Trader Dale - daily trading levels

Been watching this one myself. Daily 34ema and BRN just above are doing a good job. I'll probably take an entry on M15 and walk it up the TFs

A very simple system - trade with arrow

Dale gave a repeated warning in post #3815

Trader Dale - daily trading levels

The method works, it's the trader that fails Work on your entries, reduce the number of trades and only take high probability trades and you'll be fine.

TMS for M30 charts

No need to have lots of charts loaded. Set up one chart with the indicators then open the Market Watch window and drag another pair onto the chart and the chart will load that pairs data or use an indicator called Buttons that is freely available ...

Trader Dale - daily trading levels