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: Point of Control is a strong Volume Profile level. But what if price completely ignores it and shoots straight through it? That failed Point of Control can actually give you a new trade — a reversal from the same level, but from the other side. Let me show you how it works. So, if Point of Control fails, that means there is a change of sentiment, and what you can do is take a reversal trade. A reversal trade means that you trade the same Point of Control again, but from the other side. Let me show you. It will be easier if I do a little drawing here. Take a look at this profile. Nice D-shaped profile, right? The price moves away from that Point of Control. That is the Point of Control line. It ...
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’ll show you the strongest Volume Profile levels to trade this week. Let’s get started. What you see before you is the NinjaTrader 8 platform with my custom-made Volume Profile and VWAP indicators. Today, I want to take a look at a couple of swing trades. That means we’ll be looking at the daily time frame. Let’s start with AUD/CAD . Here is a daily chart of AUD/CAD, and what I want to talk about is a newly formed support at 0.9795 , this blue line. Let me show you the reasoning why I think that this is a strong support where the price will react. If you take a look just at the price action, you can see that the price was moving upwards, then there ...