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, good morning. This is David from Trader Dale, and today I am going to go over a trade that we took yesterday. I am mainly going to focus on how we developed the bias for that trade rather than the actual execution. The bias is going to be based on Candle Range Theory, candle science, or whatever it is called these days. It is the analysis of candles on higher timeframes and using them together to create a bias. Every candle on this screen, regardless of the timeframe, is going to tell you a story. Every candle has a body and a wick on both the upside and the downside. How long those bodies are, what color the bodies are, whether they are bullish or bearish, and how long the wicks are...
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: You can win more trades and still lose money. I’ve seen many traders with strategies that worked, yet they still ended up losing because of one hidden risk mistake they didn’t even know they were making. In this video, I’ll reveal that mistake and show you how to manage your risk the right way. So, let’s get to it. The problem that a lot of traders have is that they trade with the same position size. For example, they trade with one lot, but they don’t take the trading instrument and its volatility into consideration. In other words, if you are trading AUD/USD with one lot, where the average daily volatility is 70 pips, and GBP/JPY, where the average daily volatility is 200 pips, and you are st...