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 with a new weekly trading ideas video. What you see before you is the NinjaTrader 8 platform with my custom-made Volume Profile and VWAP indicators. The chart in front of you is Crude Oil futures, and it is set on a 30-minute time frame. Here, I’d like to talk about a newly formed resistance at 69.66 . If I use the Volume Profile over the recent selling activity in this downtrend zone, you can see a heavy volume zone that clearly stands out—this one. This indicates that sellers, who were pushing the price downward, paused here for a while and added their short positions before continuing to push the price lower. This heavy volume zone is important because se...
I am a professional trader with 10+ years of trading experience. I trade using Volume Profile which is a tool that shows you where institutions accumulate their positions and what their intentions are.