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: In this video, I’m going to talk about SMT and then the first order block that gets formed after an SMT, and how we can leverage it for our own trading advantage. All right, so for SMT, let’s first take a pair of correlated assets. In this case, on the left side of the screen, you see ES, the S&P E-mini futures, and on the right side, it’s NASDAQ, the NQ (NDX00 futures). The correlation is extremely high. So first, let’s look at the SMT here. You can see ES making a higher low, while NQ is making a lower low. This is a clear case of SMT. Now, what I want you to focus on in this video is the first order block that gets formed. If you look at the price delivery from here, we have a series of ...

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 new video from a new series called Best Trade of the Week. I decided to start this series to show you the reality of trading—not just the theory but the real trades I took. Every week I’ll pick one trade, not necessarily the one that made the most money, but the most interesting one from the previous week, or a trade where you can learn something. Today is the first video in this series, and what I want to show you is a trade I took last week on  USD/CAD . What you see before you is the NinjaTrader 8 platform with my custom-made Volume Profile and VWAP indicators, and you’re looking at the 30-minute timeframe of  USD/CAD . I want to talk ab...

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. Today we are going to cover trades on the  EUR/USD , then the  AUD/USD , and also on the  GBP/USD . So let’s check them out. What you see before you is the chart of  EUR/USD  on the 30-minute time frame. This is the NinjaTrader 8 platform with my custom-made Volume Profile and VWAP indicators. What I want to talk about here is a support at  1.1596 . The support is here, and let me now tell you why I think this should be a strong support and why the price should react to it. If you look just at the price action in this area, you can see that the price made a rather strong rejection of lower prices—...

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, let’s take a look at today’s price action on the  ES . We’ll start with the daily. Coming off this all-time high rotation and selloff into the day, we were right in the middle of that. The question was, are we going to break higher or break lower? We had two POCs that we were working off—the current week POC and the prior week POC—and the question was whether we were going to reclaim them or not. We ended up reclaiming, given this big bullish expansion on the day, instead of failing, breaking down, and retesting the lows. That bullish scenario clearly played out today. Let’s dip down to the 1-hour. You can see Tuesday’s selloff, yesterday’s sideways chop, and overnight action. Th...