Trader Dale - Volume Profile Trading Blog

  Hello guys, yesterday, I did a video analysis on the EUR/USD. If you missed it, then you can watch it here: EUR/USD: Volume Profile, Order Flow, and Price Action Analysis Today, I would like to have a closer look at the  AUD/JPY . Since Monday, there has been an  uptrend on AUD/JPY . When there is a trend I always like to  trade pullbacks  to heavy volume zones. What I do is I use my  Flexible Volume Profile  and use it on the whole trend area. This nicely reveals the most important institutional trading zones. Those are the ones where the Volume Profile is the widest = heavy volume areas. The price tends to react to those heavy volume areas – they work as strong Support/Resistance zones. Why they work as S/R zones? Because the BIG guys ( institutional traders ) who were trading there in the first place defend those zones. They placed heavy volumes there before and this tells us that those zones are important for them. That’s why they defend them (by...

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  *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!

  Hello guys, in today’s day trading analysis I will have a closer look at the  AUD/CHF . This is actually my second one (on AUD/CHF) this week. I have already made an analysis of the AUD/CHF on Monday. Here is the  Prediction & Result: You can check out the original analysis here: Volume Profile Trading Ideas: Trading The Weekly Point Of Control AUD/CHF: Volume Profile Analysis Since the nice reaction to our Support from Monday, the AUD/CHF has been in a  steep uptrend . Trends like this often give nice trading opportunities. When I see such a trend I always use my  Flexible Volume Profile  indicator to look how volumes were distributed within the trend. What I look for are significant volume zones =  Volume Clusters . As you can see in the below, there is a  strong Volume Cluster around 0.6869. Such a place represents a strong Support. AUD/CHF; 30 Minute chart: What it tells us is that the strong  institutional  Buyers who were pus...

  *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!

  Hello guys, today I will have a closer look at the  NZD/JPY . Since the start of today’s Asian session, there has been a strong uptrend. It seems that strong  Buyers are pushing (manipulating) the price to go higher. What happened before this trend?  There was a rotation.  The price was moving in a tight price channel. Volume Profile Analysis I used my  Flexible Volume Profile  indicator to look into this whole area to see how volumes were distributed there. In the picture below, you can see that  there were heavy volumes traded (accumulated) within the rotation area.  From there the uptrend started. Those heavy volumes tell us that it were likely  BIG institutional traders  who were building up their Longs  slowly & unnoticed in that rotation. From there they manipulated the price upwards to make those Longs profitable. NZD/JPY, 30 Minute chart: This heavy volume zone starting around 78.94 is now important for them becau...

  Hello guys, yesterday, I posted here a video with a couple of trading ideas for this week. If you missed it, then you can watch it here: Volume Profile Trading Ideas – 11th October 2021 Today, I would like to show you one more. It is a day trading Support that has formed on  CAD/JPY . The first thing to catch my eye when I opened the CAD/JPY chart was the  strong uptrend . Trends are usually very nice opportunities to trade. The way I like to trade them is to  wait until a trend is established  – meaning that it is easily visible on a 30 Minute chart and it’s strong. Like in this case. Volume Profile Analysis Then I use my  Flexible Volume Profile  indicator to look into the trend area (only into the trend area).  I am interested in how volumes were distributed throughout the trend.  What I look for are heavy volume zones. I call them the “ Volume Clusters “. Such Volume Clusters represent strong Support/Resistances. In this case, there is ...