I appreciate your honesty. The broker doesn't care about negative reviews because when other brokers were caught with unfair practices they were still able to grow. When does PaulDaemon come to work? Do you guys work in shifts?

Broker is real regulated SCAM!

Good. Then it's time for the broker to find a proper excuse and stop talking about irrelevant topics.

Broker is real regulated SCAM!

They keep saying that they closed his position because it was "too big". I don't see a clear answer anywhere. Was his position within margin requirements or not?

Broker is real regulated SCAM!

Why you never answer to any question? Did he use the leverage allowed by the broker at the moment of opening the position or not?

Broker is real regulated SCAM!

It seems you have something in common with the broker mentioned in the news story above. In Europe a person is innocent until proven guilty, in your mind it's the opposite, not sure why. What negative balance? I thought we are talking about a 7.5k$ ...

Broker is real regulated SCAM!

Here is a story that I think should give you credit for using those words..."no customer ever made a profit" url You are so right with what you said now as well.

Broker is real regulated SCAM!

Good observation. I'll use a simple concept known as proof by contradiction: In logic, proof by contradiction is a form of proof, and more specifically a form of indirect proof, that establishes the truth or validity of a proposition. It starts by ...

Trader Dale - daily trading levels

I would be very happy for that to be the case and if so in the following months we should see traders having positive results with their own levels. If that happens I'll redo my backtesting using reversal tick charts. Until then good luck everyone. ...

Trader Dale - daily trading levels

Since I am using more reversal/range/p&f charts including footprint charts I confirm you are right and I paid attention to this aspect as well.

Trader Dale - daily trading levels

It can't be since this situation of pre-testing a level and not appearing on a 15 min candle doesn't happen very often. And even though there is a previous reaction the level still works many times. Actually I said what I had to say and my work is ...

Trader Dale - daily trading levels

You are right but why didn't the broker close the trade on Friday to avoid this problem? The broker had this choice. Why wait for weekend when the market will be closed anyway? Wasn't the risk manager at work? Was it a mistake? There should be no ...

Broker is real regulated SCAM!

You are right. I used closed candles. Let's assume a 5% more wins for this detail. It wouldn't go beyond 60% winners with a 1:1 RR. In backtesting I ignored the bid/ask spread but in live trading we pay more than 10% for the total cost of a trade if ...

Trader Dale - daily trading levels

If market sentiment and other subjective things account for such a big edge then market profile is not needed. The questions remains, how can one find levels with good accuracy? How do we know the proper level for a consistent edge is not 3 pips or ...

Trader Dale - daily trading levels

I did but I used only 15 minutes charts. It's true that the results would have been a little bit more accurate with 1 min charts. My focus was on the edge, if it's real and what is it. If an edge is present it should show itself disregarding various ...

Trader Dale - daily trading levels

Thank you for your question. Before I answer, you might find it relevant to know something about my experience with market profile. Since lKeithStone mentioned FT71 I will tell you I was one of his first followers back in 2010. I talked with him a ...

Trader Dale - daily trading levels

I will address you a question as well: Why didn't the broker close the position on Friday at the market close? The answer is very simple: they waited to see how the referendum might play out. When they realized they'll lose money they cancelled the ...

Broker is real regulated SCAM!

Thank you. Your observation is very important, that TraderDale trades in a manner where accuracy is the critical component. The question remains, how can such accurate levels be found? Finding POC reversal areas is very easy, but an area is not ...

Trader Dale - daily trading levels

I am more interested in trading than dealing with bad attitudes. Below is a chart from Risk_Surfer, isn't the setup identical with the one posted previously by swingtrade65? Brainstorming is a good activity.

Trader Dale - daily trading levels

Of course not. The goal is to focus on TraderDale system and learn something useful from him. Unfortunately the thread was cluttered with bad ideas which in some way it makes TraderDale happy because it's obfuscating his system. He's smart and ...

Trader Dale - daily trading levels

That's correct. It's one of the hypothesis I tested, using previous high volume areas. Another hypothesis is the one described by XxixixX, where you choose previous beginnings of strong moves. They both give you the illusion of a good system. ...

Trader Dale - daily trading levels