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...