Trader Dale - Volume Profile Trading Blog

Video Transcript: Hello, everyone! It’s Dale here. Welcome to the next video from the  Recent Trades  series. In this video, I want to go over a trade I took yesterday on  USD/JPY . This trade was based mostly on a Volume Profile setup, so let’s check out the chart, and I’ll walk you through how the trade played out. This is the  USD/JPY  chart on a 30-minute time frame. Here, you can see this short level, which was based on a Volume Profile setup. Let me show you. If I use the Volume Profile over this area of recent activity, you can see that there’s a heavy volume zone that stands out. This setup is what I call the  Trend Setup , and I trade it when there’s a trend—like here. As you can see, my level is at the beginning of that heavy volume zone. From this place, there was an aggressive sell-off—boom, boom, boom! The market went into a strong downtrend, which indicated that strong and aggressive sellers were present and had placed most of their short posi...

Video Transcript: Hello everyone, it’s Dale here. Welcome to the next video from the recent trades section. In this video, I’d like to talk about a recent trade I had on  USD/JPY . It was a swing trade, which means a long-term trade, and I execute these on daily charts. So, it’s not a quick in-and-out trade but one that takes longer to develop. Let’s check it out. What you see before you here is the daily chart of  USD/JPY . I do swing trading on the daily charts, which makes things a bit slower, but I don’t mind that. Anyway, what I want to show you is a short trade that I took from here. This was the resistance, and this is my short trade, right from here. As you can already see, it was a beautiful trade. But the reason I want to show you this particular trade is that there was a great combo, which you can also implement into your trading when you spot it in the charts. Let me talk about the combo. The first part of this combo is a Volume Profile setup. Volume Profile is my ...

Video Transcript: Hello everyone, it’s Dale here. Welcome to the next video from the recent trades section. Today, I’d like to talk about a trade on  USD/JPY  that I took yesterday. I think it was a pretty interesting trade, so let’s check it out. All right, so what you see before you is the NinjaTrader 8 platform, and this is  USD/JPY  on a 30-minute chart. What you see here is how the chart looked when I was doing the analysis. First, let me tell you what the trade was based on. Let me use the Volume Profile here and show you how the volumes were distributed in this uptrend zone. What caught my eye was this volume cluster that formed within the uptrend. This blue line marked the beginning of that heavy volume zone, which acted as a support level I wanted to trade. This support was based on the fact that buyers were active here, adding to their long positions as they pushed the price upwards. It was based on this volume cluster and also on the fact that, in the past...

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. Today, we are going to look into three trading ideas: the  ES , which is futures for the S&P 500, the  EUR/USD , and the  GBP/USD . Let’s start with the  ES . What you see before you is the  ES  chart on a 30-minute time frame. The platform I’m using is NinjaTrader 8, and the indicators are my custom-made Volume Profile and VWAP indicators. On this 30-minute chart of the  ES , you can see that on Friday, there was quite aggressive buying activity right here. Now, before this strong buying activity, there was a rotation. When you see this, you want to use the Volume Profile to analyze the ...