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Showing posts from September, 2024

Volume Profile Trading Ideas – 30th September 2024

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...

ORDER FLOW: How to Trade the Absorption Setup (Trade Entry Confirmation)

Video Transcript: Hello everyone, and in this video, I’d like to talk about order flow and one of my favorite confirmation setups in order flow. The confirmation setup is called the absorption, and I’ll show you an example of a trade I made a couple of days ago. I think this is the perfect example of how you can use the absorption setup to confirm your trade entry. So, let’s take a look at it. First, let me start by showing you the level I wanted to trade, and then I’ll show you the absorption setup. You’re looking at the  EUR/USD  30-minute chart, and I had a long level here, marked by this line. This was a long level based on a Volume Profile setup, focusing on those heavy volumes formed within this important rejection. So, this was the long level. What happened was that the price started to go into a sudden sell-off, and there wasn’t really any strong macro news behind this. I wasn’t really sure what was going on, but there was this sudden sell-off, this spike move. Because...

Volume Profile Trading Ideas – 23rd September 2024

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 you’re looking at is the  USD/CAD  30-minute chart, and what I want to talk about here is a resistance level. This one is at  1.3633 , and it is based on a Volume Profile setup called the Rejection Setup. A rejection is when the price moves in one direction, then suddenly reverses and goes the other way. What you need to see within such a rejection is a significant volume zone, like this one. This tells us that sellers became active here. As the price was moving up, sellers started to jump in, ...

EUR/USD: Volume Profile Analysis (+ Trade Recap); 19th September 2024

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 day trading analysis. Today, I’d like to talk about the  EUR/USD . First, a quick recap of a trade based on a prediction I made on Monday. This is TradingView, and here is the prediction I published. The support from the prediction was at  1.1000 , and here is how it went. This was the reaction, so it turned out to be a very nice trade, a quick one. I hope you all had the chance to trade it; it was a nice winner. Now, let me switch over to NinjaTrader and discuss the new trading idea on the  EUR/USD . This is the  EUR/USD  30-minute chart on the NinjaTrader 8 platform. There was a very nice reversal earlier today on the  EUR...