Skip to main content

Posts

Risk Management Made Simple (When to Increase & Decrease Risk)

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: Most traders don’t blow up because of their trading strategy, but because of money management. More specifically, because they change their risk at the worst time possible. So, in this video, I’ll show you exactly how much to risk, when to increase your risk, when to decrease it, and how not to mess it up. If you are growing a small account, then 5% sounds a bit aggressive, but if you really want to turn a small account into a big one, it’s difficult and risky. If you want to do it, you need to risk quite a lot, which I think 5% is more or less okay for this purpose. If, on the other hand, you have a huge account and you want to live off it, then you don’t want to risk too much. It could be, fo...
Post a Comment
Read more
Recent posts

🎯 Top Volume Profile Levels to Trade This Week on EUR/USD, USD/CAD & USD/JPY

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. In this video, I’ll show you the strongest volume profile levels to trade this week. Many markets opened with a gap, and today I want to show you how to trade in this situation. So what you see before you is the NinjaTrader 8 platform with my custom-made volume profile and VWAP indicators. This is a 30-minute chart of  EUR/USD . As you can see, the euro opened with a massive gap. The way I like to trade when the market opens with a gap is like this. What I want to look for is a heavy volume zone formed before the gap. So this is the gap, and I want to see heavy volumes before the gap. And that’s exactly what we see here on EUR/USD—those heavy volumes. So the ...
Post a Comment
Read more

Why You Keep Losing (Even If Your Strategy Works)

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: I’m going to show you why your strategy feels like it stopped working, even when it actually still does, and why most traders fail because of this, no matter how good their strategy is. Because even a perfect strategy doesn’t work if you can’t execute it. Now, let me ask you something. Would you trade this strategy? As you can see, the equity is going up. Looks pretty good, right? Now, what about this one? This one looks terrible. A losing strategy, right? But here’s the thing. These two are exactly the same strategy. Do you see it? The second one is just a zoomed-in part of the first one. The only difference is when you start trading it whether you start here or here and you have zero control ...
Post a Comment
Read more

Internal → External Liquidity Setup (Explained)

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: All right. Hello there, this is David from Trader Dale, and today we’re going to go over a quick trade that we actually did on Tuesday, April 7th, just to give you an idea of when this happened. This is actually on the day that I am recording this video, so if you want to go back to your charts, you can check it out yourself. So, the framework of this trade comes from our bread and butter, which is continuation trades from internal to external liquidity. Internal liquidity means 1-hour  fair value gaps  or 15-minute fair value gaps, or really any fair value gaps. It just depends on whether you are day trading or swing trading. As day traders, we are looking for what is going to happen ...
Post a Comment
Read more

What to Do When Your Trade Fails (Reversal Strategy)

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: What I want to show you here is what you can do if your trade fails and you get stopped out, because there is a way to get your money back. You would be surprised how often this actually works, so let me show you. This is called reversals. You use a reversal trade when a level fails. So take a look at this example. We have a volume accumulation setup, which is the number one setup that I was showing you. We have a rotation followed by a trend. What you do is draw a line at the beginning of the heavy volume zone, and that is your short level. The next step is to wait for the pullback and go short from there. Boom you just got stopped out, and here comes the reversal. You take that level, that sh...
Post a Comment
Read more