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Tame the Market with Cumulative Delta & Volume Profile!

Video Transcript: Hey guys, it’s Dale here. In this video, I’d like to quickly show you how you can use Volume Profile and Cumulative Delta together for a very effective trade setup. I’ll demonstrate this using a trade I recently had on the  USD/CAD . What you see before you is the Canadian Dollar futures (6C) 30-minute chart. If you look at the Volume Profile, I have a cumulative Volume Profile that shows how volumes are distributed throughout the entire week. This is a weekly Volume Profile. The most important area in any Volume Profile is the Point of Control—this is the level where the heaviest volumes were traded. In this case, the Point of Control is here, within this heavy volume zone, which caught my attention. The blue line you see here represents a resistance level I wanted to trade from. It’s located at the beginning of the heavy volume zone where the Point of Control was formed. Once you identify this, you want to look for a pullback; that means waiting for the price to ret
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How to Use Volume Profile to Gain an Edge – USD/CAD Analysis

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 day trading analysis. Today, I’d like to talk about the  USD/CAD . What you see before you is the NinjaTrader 8 platform with my custom Volume Profile and VWAP indicators. This is a  USD/CAD  30-minute chart. There are a couple of levels here that I’d like to discuss. Let me first start with the short levels. The first short level is at  1.4070 . If you look at how the volumes were distributed throughout this week, you can see it on the cumulative profile—this is the Weekly Volume Profile. The Weekly Volume Profile shows that the Weekly Point of Control (POC) was right here. This means that the heaviest volumes for the week were traded at this level, an

What Is Prop Firm Trading? Your Gateway to Becoming a Funded Trader

Video Transcript: Hello, everyone! Sterling here from Trader Dale. This is the first video in a series on the basics of prop firms. We’ll cover what a prop firm is, the benefits associated with them, tax issues, how to pass an evaluation, and other commonly asked questions. Let’s get started. So, what is a prop firm? Simply put, a prop firm allows you to trade with someone else’s money. You don’t have to build an account over an extended period, which is a massive benefit. This makes it possible to replace income and treat trading as a realistic, viable job in a much shorter time frame. Now, why should you consider using a prop firm? Let’s compare two examples. In the first, you deposit $10,000 into an account and grow it at 5% per month. At this rate, it would take you 63 months—over five years—to achieve your first $10,000 month. In the second example, you join a prop firm and get a $150,000 funded account after passing an evaluation. At 5% monthly growth, that’s $7,500 per month. If

🎯 Top Volume Profile Levels to Trade This Week – 18th November 2024

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 Volume Profile and VWAP indicators. The chart displayed is the  EUR/USD  on a 30-minute time frame. I want to discuss a strong newly-formed resistance at  0.0576 . This resistance is based on the fact that the  EUR/USD  has started to rotate and is currently in a consolidation phase. For this reason, we can look for short opportunities from significant rejection levels like this. Since this level has already been tested, as shown by the reaction here, what remains is this strong rejection that has not yet been tested. This untested level represents a place