Trader Dale - Volume Profile Trading Blog

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: So far, this initial push down was −1,400. The bar prior was 1189.9. We do dig through that, looking at something like this for a potential deeper pullback. We’ll just kind of see how it works out. I believe right here is the London low. What time was that at? Yeah, London is like right in here. This is the low. Or maybe this is right here. No—just above 6200 is that London low. Order forbidden. I’m going to wait for this thing to close. We’re going to see how this one closes right here. We had a nice flip of delta bar to bar. I want to see how this one closes here. As soon as this bar closes, I’ll assess. Delta is negative at the moment. We have some initiation happening right here. I’m lookin...

  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: This is the 4-hour chart since early May, when we started this recent buy model. Recently, we have just been consolidating and pulling back after reaching an external high. A couple of days ago, we created this SMT here with  GBP/USD  at 4-hour fair value gaps, which is a major, major trading idea for us. Now, this SMT at the 4-hour is considered a tag—meaning the price action that is tagging the  fair value gap  is creating an SMT. We are not comparing it with a candle on the leg that made the fair value gap. Let me repeat that—this is an SMT on the tag of the fair value gap because it’s the same price action, right next to each other, as price is happening right now....