Trader Dale - Volume Profile Trading Blog

  Day Trading the EUR With Volume Profile – Weekly Trading Ideas 30th November 2020 *Disclaimer:  Presented opinions, trades and trading ideas on the markets and charts is not advice nor a trading recommendation. It is general information and it is for educational purposes only. If you would like to learn to  trade with Volume Profile  and to  trade with me  every day, then join my  Trading Course!                                     Click the button below to get more information: Trading Course TAGS:  weekly ideas

Hello guys, in my previous stock-trading article I was talking about Tesla and the most important long-term Supports there. If you missed the article, then you can read it here: TESLA: Volume Profile Analysis #1 It has been almost a month since I wrote that article, and there has been some quite turbulent development since! From $400 per stock, Tesla skyrocketed to $550 . And that’s just within a few days! This new and crazy up move gave us one very important information. It is that the triangular rotation in which the price moved since September has actually been a  volume accumulation area. Volume Profile analysis What I expect happened there, was that  Buyers were building up their Long positions in this rotation.  When they finished, they pushed the price into a new strong uptrend. This is what I call the “ Volume Accumulation Setup “. It tells us that there were  strong Buyers around 425.00  (this is  Point of Control  of the rotation area). Those Buyers will want to defend their

Hello guys, there were some wild movements on the NZD in the Asian session today. This created some new trading opportunities and in this analysis, I would like to have a look at one of them. This one is on the  EUR/NZD. Volume Profile analysis Before the strong sell-off in today’s Asian session started, there was  a price channel formed . It was forming more than one whole day. I used my  Flexible Volume Profile  to look into this area and I discovered that there were pretty massive volumes traded within this channel. The heaviest volumes were traded at 1.7088 . This is the  Point Of Control  of this rotation area. From there, the price went into the sell-off. What does this tell us? This tells us, that there were strong sellers building up their short positions within that rotation area.  After they have entered their positions, they pushed the price aggressively downwards. Big trading institutions  need time to enter their positions. That’s why they do it in a rotation, which allows

  *Disclaimer:   Presented opinions, trades and trading ideas on the markets and charts is not advice nor a trading recommendation. It is general information and it is for educational purposes only. If you would like to learn to  trade with Volume Profile  and to  trade with me  every day, then join my  Trading Course!                                     Click the button below to get more information: Trading Course TAGS:  weekly ideas

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  DAX: New All-time High Coming Soon? Hello guys, today I am going to focus on a  long-term analysis of DAX. DAX is a stock index which consists of the  30 biggest companies listed on the Frankfurt Stock Exchange.   It does not represent just those 30, but the whole German industry as also other German companies, and their stocks are very tightly knit with DAX. Simply put – if DAX goes down, then the majority of German companies go down as well (not just the 30). Here is a list of companies DAX consists of: Price Action analysis Let’s start with a simple Price Action analysis. In here, I will focus only on one thing –  comparing strength of Buyers with the strength of Sellers.  This could give us an idea of where DAX could be heading next! What matters the most is the aggressivity of Buyers vs. Sellers. Aggressive Buyers or Sellers  create strong trends and strong rejections of higher or lower prices. Let’s have a look at the chart below. In there, I compared aggressivity of Buyers (bl