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, welcome everybody. Let’s take a look at my Trade of the Week, which came yesterday. As you can see, to kick off the week on Monday, price rallied really high, back up and reclaimed that 7,000 level. Overnight, structure went sideways, and then yesterday was just a one-directional downward plunge right back down. Some pretty wild price action and volatility here. So yesterday’s trade of the day or Trade of the Week, I should say required some patience. As price was coming down, what I really wanted to see throughout the day didn’t develop. We ripped right through most of my key levels where I was looking for this particular kind of entry down here a failed breakdown at a key leve...
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. In this video, I want to show you a very powerful Order Flow concept called the failed auction. The failed auction can tell you if the current trend is likely going to continue or not. It can also tell you where the price is likely to go next, so let’s take a look at it. The concept I’d like to share with you is the failed auction, also called unfinished business. My software draws the failed auction lines automatically, like this red line, this red line, and this red line. What the failed auction is all about is that every footprint needs to have its high or low formed in a certain way. If you look, for example, at this footprint, then the high needs to look like ...