Trader Dale - Volume Profile Trading Blog

  *Disclaimer:  Presented opinions, trades and trading ideas on the markets and charts is not advice nor a trading recommendation. It is general information and it is for educational purposes only. If you would like to learn to  trade with Volume Profile  and to  trade with me  every day, then join my  Trading Course!

  NZD/USD: Volume Profile and Price Action Analysis Hello guys, in today’s day trading analysis I will talk about a strong Resistance that has formed of NZD/USD . Last Wednesday, there was an F OMC meeting ( macro news ) which caused huge movements across all the Forex pairs. Mostly USD-related pairs. One of those was also the NZD/USD. Before the news, there was a rotation – calm before the storm. After the news came up, there was a strong action – a sell-off. This tells us one important thing: Big institutional Sellers were building up their positions in that rotation. Then they pushed the price aggressively downwards. Volume Profile Analysis If you use my Flexible Volume Profile and check out the area before the sell-off, you will see the massive volumes that got accumulated the...

  This video was a live one, so I just jumped straight into trade commentary without any explanation. Here is a little summary of the trade to make things clearer: I used Volume Profile and VWAP to identify a strong Resistance on JPY Futures. The setups I used to identify this Resistance were: Volume Profile – Accumulation Setup , and VWAP – Rotation Setup . I published this level over an hour in advance to members of my Trading Courses . When the price reached this Resistance I used Order Flow for trade confirmation. What the Order Flow showed me first was a divergence between Price and Delta . This was enough for me to enter the trade. Then there was a second confirmation – a huge Limit order appeared exactly at the Resistance. This told me, th...

  NZD/USD: Volume Profile And Price Action Analysis Hello guys, in today’s day trading analysis I would like to show you my thought on NZD/USD . On Friday, there was a strong macro news (NFP & Unemployment Rate in the US). Those are among the strongest macro news affecting the USD. After the news was released, all the USD-related Forex pairs made a huge jump as the USD weakened all across the board. One such strong move was also on NZD/USD. The activity during the news is definitely important, but what is also important is what happened before. Price Action Analysis Before the news release, there was a rotation. What happens in a rotation is that BIG trading institutions are entering their trades (slowly and unnoticed). In this case, I expect that those were strong Buyers, becau...