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: Good morning. This is David from Trader Dale, and this is the trade example of the week. Today we are going to look at a trade example on a currency pair in the London session. When we trade currencies, we typically like to trade and analyze correlated pairs together. So EUR/AUD and GBP/AUD are correlated pairs, meaning they will move in unison with each other. The reason we look at that is because we look for cracks in correlations. ICT may call it an SMT—it’s a divergence. You can see it right here, where in the London session GBP/AUD takes out the low of the previous day’s session, while EUR/AUD does not. That creates a divergence. Along with that divergence, we look f...
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. Welcome to this video where I’ll show you the strongest volume profile levels to trade this week. Let’s check out the first level, and it will be on the AUD/USD . What you see before you is a 30-minute chart of the AUD/USD. And what I want to show you here is a resistance which formed on Friday. This level, this red line, is that resistance at 0.7205 . And if you take a look at the price action here, then on Friday there was rather aggressive buying activity right here, then some sideways price action, and then the price started to drop. So this is something that I call a strong rejection of higher prices. Right? Now, if you look into this rejection wi...