Trader Dale - Volume Profile Trading Blog

Video Transcript: Hello everyone, it’s Dale here, and in this video, I’d like to talk about stop-loss trailing. I’ll give you some pointers and tips on how to use it to maximize your gains. By stop-loss trailing, I mean moving your stop-loss in the direction of the trend you are participating in. For example, let’s say you entered a trade here, going short. As the downtrend progresses, you secure your trade by moving the stop-loss, locking in your gains as you go. This is what I mean by trailing a stop-loss. Now, stop-loss trailing works best in scenarios where the market moves consistently in one direction without significant pullbacks. In such cases, you can ride the trend, move the stop-loss, secure your trade, and potentially gain a significant profit. Let me give you an example of an ideal scenario: a nice, steady trend with no major pullbacks. However, the problem with this is that such scenarios are rare. Markets don’t often behave like this. In fact, you rarely see a strong tre...

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. The chart in front of you is  USD/JPY , and it’s a 30-minute chart. In this video, I want to discuss a support level formed at  152.89 . The reason behind this level is mostly a Volume Profile setup. Let me show you—if you look into the recent uptrend in this area, you’ll see a zone where heavy volumes were traded. Because this is an uptrend, it indicates that buyers were adding to their long positions here before pushing the price even higher. This is an important zone for buyers, which we can identify throu...

Part 1: What is Trailing Stop Loss? The concept behind trailing  Stop Loss  is simple: after entering a trade, you keep moving your stop loss as the market moves in your favor. This allows you to secure your position repeatedly, ensuring that you capture most of the trade’s potential profits. Ideally, you aim to catch a trend and ride it as long as possible, adjusting your Stop Loss to lock in gains along the way. It’s a method to gain the maximum from a big market movement while keeping losses under control. So, that’s the theory. But how’s the reality? Part 2: The Longer You Stay, The Bigger the Risk While staying in a trade can yield significant profits, it also comes with increased risks. The longer you’re in the trade, the more you expose yourself to unpredictable factors such as changes in market sentiment, macroeconomic news, or sudden volatility  spikes . These unforeseen events can quickly turn a profitable trade into a losing one. The essence of trailing your st...