Trader Dale - Volume Profile Trading Blog

Video Transcript: Hello everyone, it’s Dale here. Today, I’d like to talk about advanced take-profit placement. Let’s start with a little quiz to see where you’re at. Alright, so if you look at this picture here, this is a picture of a swing trade I took recently, and I have a little question for you. This was the trade entry based on those heavy volumes here, and this was the long trade entry, right? So I went long from there. Now, my question is: where should the take-profit for this trade be? Look at the Volume Profile, look at the price action, and tell me what the ideal take-profit for this trade should be. If you’ve been following me for some time, then you know that I like to place my take-profit before a strong barrier. And because I trade with Volume Profile, that strong barrier is, in most cases, a heavy volume zone. That’s the barrier. In this case, we have a strong barrier right here—this is a heavy volume zone, and this is the beginning of that heavy volume zone. So, in th...

Video Transcript: Hello everyone, it’s Dale here. In today’s video, I’d like to show you a very powerful VWAP setup that you can easily implement into your own trading. First, I’ll do a little drawing so you can understand the concept of the setup. Then, I’ll show you a snippet from yesterday’s live trading room where I was commenting on this exact trading setup live. Finally, I’ll show you how the trade played out. If you stay until the end, I’ll also share a little extra tip on how to make this VWAP setup even more powerful using Volume Profile. So, let’s get started. First, let me begin with the drawing. Since this is a VWAP setup, we first need to draw a VWAP. I’ll draw a yellow VWAP line. Since this setup is based on the first VWAP deviations, I’ll also draw the first VWAP deviations in gray. It could look something like this. Alright, those are the first VWAP deviations. Now, let me draw the candles. Since this is a setup you trade when there’s a trend, the candles need to move a...

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 Volume Profile and VWAP indicators. The chart in front of you is the  ES , which represents futures for the S&P 500 index. This is a 30-minute chart, and as you can see, the market opened with a significant gap right here. When there’s an opening gap like this, I use a very powerful strategy that I’d like to show you. The strategy works as follows: First, the market needs to open with a gap. Next, you need to identify a heavy volume zone that formed before the gap. Using the Volume Profile, you can analyze the trend area and look for a significant vo...

Video Transcript: Have you ever looked at a chart and wondered what is really happening beneath the surface? In this video, I’ll show you how to uncover the hidden truth behind market moves using Volume Profile. We’ll break down the four most important Volume Profile shapes: the D-shaped profile, the P-shaped profile, the B-shaped profile, and the thin profile, and discover what they reveal about market sentiment, institutional activity, and, most importantly, key trading opportunities you can take advantage of. You’ll learn exactly how to trade each shape effectively, how to spot areas for high-probability trades, and how to track the footprints of big institutional traders. Plus, I’ll share my favorite trading setup. So let’s get started with a little quiz to see where you are at right now. Here’s the first question: take a look at this profile right here and tell me—will the price go up or down? Let me show you. After a little rotation, the price went downwards, and the reason was t...