Do you want ME to help YOU with your trading? Learn my proven Volume Profile & Order Flow trading strategies! Get my proprietary indicators and start making progress. We even set the indicators up for you so you can hit the ground running TODAY! Start Learning to Trade Now! Video Transcript: Hello everyone, it’s Dale here with a new weekly trading ideas video. What you see before you is the NinjaTrader 8 platform with my custom-made Volume Profile and VWAP indicators, and this is a 30-minute chart of the AUD/USD . I want to talk about a resistance which formed here, and it is at 0.6565 . Now, the reasoning behind this strong resistance is this: if you look here in this area and use the Volume Profile, you can see that there are pretty heavy volumes formed here, right? And from this zone—and this is important—a strong sell-off started. This is telling us that the sellers who were active here were actually sellers accumulating their short positions, and then they pushed th...
I am a professional trader with 10+ years of trading experience. I trade using Volume Profile which is a tool that shows you where institutions accumulate their positions and what their intentions are.