Trader Dale - Volume Profile Trading Blog

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. In this video, I’ll show you my best trade of the week. I’ll do a complete walkthrough from A to Z, exactly how the trade went, including stop-loss placement, take-profit placement, position management, everything. Let’s get to it. This is a daily chart of the EUR/GBP, and the platform is TradingView. So, let me first start with the reasoning behind this trade and why I actually took this trade. Okay. So what I saw here on this daily chart was, first, this rather strong sell-off on the EUR/GBP . So what I’ve done is I used the profile here, the volume profile, to look into the volumes and how the volumes were distributed there. What I saw here at the beginning of...

Video Transcript Have you ever been stopped out of a perfectly good trade by just a tiny wick, only to watch the price immediately reverse and move in your direction? Well, that used to happen to me a lot. So, I started using what I call the alternative stop-loss method. I use it for all my swing trades because it helps me avoid getting kicked out too early and, in many cases, turn a potential loser into a winner. Let me now show you exactly how this works. Take a look at this example here. We have this heavy volume zone followed by this sell-off here. So, you’d want to trade from the beginning of that heavy volume zone. That means somewhere in here would be a short. The stop-loss would be behind a barrier, and the barrier is this heavy volume zone. So, normally, the stop would be somewhere in here. But what I do, and what this alternative stop-loss method is all about, is that when a candle, if a candle, just wicks past my stop-loss like in here, I don’t close the trade. I only close ...

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, everybody. Dan with Funded Trader Academy here, and in this video, I want to cover the failed breakdown trade. Okay, so this setup has a few key elements: an entry model and a trigger, and we’re going to cover that today using the DeltaFlow Order Flow tool on TradingView. So let’s start with an initial framing of the day. We’re going to go back to September 25th, and I’m going to show you the elements of a failed breakdown. Okay, so we start off just by framing our day. We’ve got a couple of volume profiles here just to kind of track the movements, volume, and imbalances on the day, and we’re watching the Asian session here, the London session surge, and this pre-market...