Trader Dale - Volume Profile Trading Blog

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: Have you ever had a level that looked just perfect, but the price still went straight through it? That’s usually not random. It’s a stop hunt. The big players are hunting for liquidity. In other words, they’re hunting for your stop-loss. In this video, you’ll learn how to spot it before it happens so you don’t get caught in a bad trade. I’ll show you two trades. One wins, one fails. Your job is to guess which one will be the winner and which one will be the loser. So let’s get started. You can see the two trades. The first one is right here, based on a heavy volume zone and this green line, which is potential support. The second trade again has a volume profile with a heavy volume zone here, an...

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: Okay, so today we are going to talk about a swing trade that we took on USD/CAD that fits right in line with our general methodology that can be used in swing trading or in day trading. Okay, so let’s start off by giving a little narrative on how we built into this trade. At the beginning of last year, we had tapped in and taken out two major areas of liquidity, the highs from March 2020 and then the highs from January 2016. This started to set the stage. We had an accumulation right here for a while that led to a manipulation move into those areas to grab liquidity. Now here’s where things get interesting and where the market really gives us direction on what to do. If you notice, on the way h...

Video Transcript: Are you trading with VWAP or anchored VWAP and not getting consistent results? Then this video will help you. I’ll show you how to combine VWAP and Volume Profile together to create strong trading combos that reveal clean and reliable support and resistance zones. This will not only increase your win rate, but it will also improve your trading consistency, which I think is very important. So let’s get to it. VWAP represents the trading position of the average trader, and many market participants use it as a reference point for their trade entries. Now imagine you want to enter a short trade on this chart. Price is dropping and you want to enter a short position. Where is the best place to enter? It’s not wise to enter randomly or at the current daily low. The logical entry point is where the average market participant sold. You want to sell at fair value, not at the daily low. That fair value is represented by VWAP, shown here as the blue line. When price pulls back t...

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: Hey everyone, it’s Dale here. Welcome to this video where I’ll show you the best Volume Profile levels to trade this week. We’ll take a look at  EUR/USD, AUD/USD,  and also at  GBP/USD . So, let’s get to it. What you see before you, this is the NinjaTrader 8 platform with my custom-made Volume Profile and VWAP indicators. And this is a 30-minute chart of  EUR/USD . There was quite a strong trend here on Friday, and I want to trade this. I want to participate in this trend, and what I do is I use the Volume Profile like this to look at how volumes were distributed in that trend, and I want to trade from heavy volume zones. There’s a heavy volume zone standing out in here. This...