Trader Dale - Volume Profile Trading Blog

This article is a part of “ Stock trading with Volume Profile ” 3-part miniseries. Here are links to all related posts: Stock Trading With Volume Profile #1 (NIKE) Stock Trading With Volume Profile #2 (APPLE) Stock Trading With Volume Profile #3 (TESLA) In today’s post, I am going to talk about  Tesla (TSLA)  stock. This stock and revolutionary company is now very popular. It’s price  skyrocketed (pun intended) in 2020 from $80 to $500.  Isn’t that crazy for a regular stock? Crazy or not, here is the Tesla on a Daily chart: TESLA: Support around 300.00 There is a pretty interesting zone in the chart. It is a  heavy volume area which got formed in July around 300.00. I think that those heavy volumes that you can see on the  Flexible Volume Profile  were  volumes of strong buyers . Those buyers were adding to their longs there, creating those heavy volumes. Then they pushed the price even higher , into a crazy strong uptrend. Now there is a rotation which gets tighter and tighter. But wh

  APPLE: Volume Profile Analysis This is a second part of an article dealing with stock trading with Volume Profile. You can read the previous part here:  How To Trade Stocks with Volume Profile (NIKE Analysis) In my previous article, I was talking about stock trading with Volume Profile. The analysis I did in that article was on the sportswear company Nike. In this article, I will continue on what I showed you the last time and do another analysis, this time on  Apple . A couple of days ago Apple revealed their new  iPhone 12 . I admit I quite like it – especially the new camera. But do I buy their stock just because I like their new iPhone? Absolutely no. I buy an iPhone because I want to make calls, text, use a camera, use some apps, etc … that’s it. I buy Apple stock because I want to make money on it. Those are two different things and you should approach them differently. You first look at the chart, the numbers, and only then maybe on their new shiny product (which does not real

  How To Trade Stocks with Volume Profile (NIKE Analysis) In today’s analysis, I will give you a quick guide on  analyzing and trading stocks with  Volume Profile .  I am going to focus on  long-term investments , not day trading. Pick a high-quality stock The first thing you need to do is make sure that you pick high-quality stock for your trading. The rule of thumb is to  pick any company that is listed in any of the prestigious stock indices like S&P 500, Dow Jones, Euro Stoxx,…  Those stocks are called “Blue-chips”. The main reason for picking Blue-chips is that those companies are  more stable, more predictable,  and very importantly they have  good liquidity. NinjaTrader 8 platform has those stocks listed by default here: For today’s analysis I picked  Nike – a strong sportswear company  that needs no introduction. I did not pick this company because I would be a huge fan of their products, but simply because it is a  big company with a good market share and liquidity. I want