In this article, I’m going to break down exactly how I trade my levels so you can start putting the rules to use in your trading. Some of the rules require a bit of practice, but the details below will point you in the right direction. Here we go! How I Enter My Trades Some time […]
How I Enter & Manage My Trade Setups – Trader Dale Read More »
Today’s ECB rate decision = a big day for the Euro! My plan was to be very careful about the Euro and only trade the EUR/USD before the rate decision event. The best option is to avoid trading it at all today, but there was a really nice long level which I couldn’t resist taking!
Today I took a long trade from 113.91 on the USD/JPY. This level was based on the volume accumulation day trading strategy. There was a pretty significant daily point of control ( a place where most of the volumes were accumulated throughout the whole day). There was also a weekly point of control at the
Trading the weekly POC (usd/jpy) Read More »
There was a nice swing trade I took on the EUR/USD recently. I took a long trade with 87 profit target and 87 stop loss from 1.1756 which is a rather significant level. The reason behind this level from which we got long, was a strong point of control which illustrated strong buying activity would
Swing Trading the POC – EUR/USD Live Trade Setup Read More »
Mondays are sometimes a bit slow. But not yesterday. There were 6 trades from which 4 were in the late US session. Here they are: EUR/USD 1.1807 short This trade was based on volume cumulation setup. Even though there was pretty strong buying activity, the sellers finally became more aggressive and pushed the price lower
Trading a busy US session – 16.10.2017 Read More »
Hello guys, September is over so it is time for the monthly statistics. Let’s start with the intraday trades: INTRADAY TRADES There were 38 trades in total, which is in average roughly 2 trades per day. There were 24 winning trades, 10 losing trades and 4 trades that ended around break even. The overall result
Market Profile Trading Strategy – September 2017 Trade Recap Read More »
Hello Guys, My friend and a great trader Ziggy wrote an amazing article in the member’s section, and he was kind enough to agree to publish his work here for you. This article deals with a slightly more advanced technique of securing your position, by moving your SL with dynamic trade management. This type of trade
Advanced Trade Management – How To Manage Your Day Trades Read More »
Hello guys, I wrapped up an interview with 52traders.com recently. It is a website which has published interviews with trading gurus like Larry Williams and Andrea Unger, and a few days ago, myself as well. In the 70 minute interview I talked about: My background and how I started How to quit your job and start
Interview for 52traders.com Read More »
Hey Guys, In September 2016 (exactly a year ago) I started publishing my trading levels in my Forex Factory Thread, on the Trader Dale Facebook Page, and after that on the www.trader-dale.com website. I have been collecting data since I started publishing those levels, and now I can show you the entire years worth of trade
1 Year Trade Analysis – Day Trading Market Profile Read More »
If you’re in the process of learning to trade forex, then I would highly recommend this training video. Over 45 minutes, I break down the 3 most profitable trade setups I use, and how you can begin using them too. https://youtu.be/JVmv9x33hpA
Market Profile Webinar – Learn to Day Trade Forex Read More »
Hello guys, August is now over and I can say it was a bit of a tough month to trade. Let’s have a look at the statistics: INTRADAY TRADES There were 47 trades in total. 27 were winners, 17 losers and 3 ended around break even. My overall result was +62 pips profit. I am
Market Profile Trading Strategy – August 2017 Trade Recap Read More »
What a day! We have been really busy, and happily, all trades ended in a profit. That’s what I call a successful day! Well, every day when you stick to your rules is a successful day, so let’s call this an EXTRA successful day, alright? Lets have look at the trades: EUR/USD 1.1874 LONG I
1 Trading Strategy, 5 Profitable Trades – Market Profile Trade Analysis Read More »
https://youtu.be/NjgFhN0Xezo This video walks through our long-term analysis of the CHF/JPY. I also break down how you can use market profile to select the highest probability turning points in the market. Enjoy, Trader Dale
CHF/JPY: Market Profile Long-Term Analysis Read More »
Hello guys, This training article is going to break down how I analyze the markets from a long-term point of view. My swing trade levels are always based on the exact analysis we are going to cover here. Let’s have a look at how I set up for a trade, step by step. Trade Analysis Requirements
Market Profile: Long-Term Swing Trading Analysis Read More »
AUD/USD 0.7903 LONG This long level was based on a weekly POC. The weekly POC is where the most volume during the week was processed, at a particular price level. I waited for a pullback to the POC and went long from there. You can see that the reaction was immediate and strong! Here is a
Trading The Weekly Point Of Control (POC) – AUD/USD Long Read More »
I was asked in an interview that I was doing recently, to provide the framework for my complete trading strategy. I decided to put it all together in this article. Volume Cumulation Strategy The main idea behind this strategy is to identify whether the large market participants are long or short. Currency Pairs EUR/USD, AUD/USD,
Full Trading Strategy: Volume Cumulation Strategy Read More »
Did you see the latest episode of Game Of Thrones (S07E06)? One particular thing that Tyrion said fit perfectly with today’s trading session. He said, “Sometimes doing nothing is the hardest thing to do.” He was so right! Members of my course already know what I am talking about, right guys? 🙂 Yes, it is
Profitable Traders Know When To Do Nothing! Read More »
Here are two trades that I took today. Both on the AUD/USD, and both against a strong trend. Still, me and members of my Market Profile Course managed to pull a nice profit from these setups! AUD/USD 0.7837 SHORT This level was hit during the Asian session which I trade using simple limit orders. If I were
Counter Trend Day Trading Strategy – Market Profile Trades Read More »
Hello guys, my friend and exceptional trader Ziggy wrote another great article. It is about finding the best PT/SL. He published it into my Pro Forex Course forum but I think that you will also hugely benefit from reading it. Here it goes! -Dale Finding the sweet spot As there are some new members of
Finding the sweet spot – by Ziggy Read More »
Hello guys! I did a live Market Profile webinar on 12th July 2017. In this webinar I presented (among other things) my trading strategy including three Market Profile setups that I use in my trading every day. If you are interested in my style of trading and in the exact methodology I use you can
Market Profile webinar Read More »
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.
This presentation is for educational purposes only and the opinions expressed are those of the presenter only. All trades presented are NOT TRADED IN A LIVE ACCOUNT and should be considered hypothetical.
