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: Okay, so we have some new all-time highs on the S&P 500 here. Let’s recap the week. The Fed induced a big run-up by putting rate cuts on the table. Monday brought a small retracement and consolidation. On Tuesday, we dipped between these critical levels. There’s a PC from the prior week right here. We dipped into this daily inversion gap, ripped back through, held it, bounced, and have been grinding ever since. Through Tuesday’s session, Wednesday’s session, and yesterday, there was this pattern of retracement and recovery. We had a little of that again today—retracement, recovery—and finally, in the PM session, we broke to those all-time highs and pushed into newer, deeper highs, mis...

  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  NQ  weekly chart, and if you look at it, there is this big order block—that’s a resting bullish order block. What did the price do last week? It traded into this order block and then finally closed above it. Right? Just looking at this chart, this price action looks bullish. Right now, let’s just get back to the daily chart. So if you look at the daily, here is the low and the high—the dealing range on the daily. What the price did after the selloff we saw last week was come down to the discount, run this low, and then from there start to move higher. Now this particular area is a fair value gap on the daily, and this is yesterday’s candle. The price traded back to ...

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 nonsense. Nonsense. Nonsense. I don’t know. Is this random or not? Completely wild. The win rate is insane. Perfect reaction to the pip. Beautiful reaction. You know the logic behind this trade. I don’t know where it comes from. If you asked me to guess the outcome before we even started, I would have said it would be random. Hello everyone, it’s Dale here, and I decided to test whether ChatGPT can predict the market and provide solid support and resistance levels. I wanted to try this with the free ChatGPT version. That means it has no history and no training. And the result? Well, let’s take a look. Here’s how we do this. First, I upload a random screenshot of a chart. ChatGPT then gi...

  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. Welcome to the new weekly trading ideas video. Today we are going to cover  EUR/USD , then  USD/CAD , and then  NZD/CHF . The markets were quite volatile on Friday because there was a speech by Jerome Powell, the Chair of the Fed, and he signaled that a rate cut may come as soon as September. That’s why the markets were so wild and volatile on Friday, and today we are going to cover that as well, because the trading ideas are mostly based on the aggressive buying and selling activity that occurred on Friday. So, let’s check it out. Let’s start with  EUR/USD . On your screen, this is the NinjaTrader 8 platform with my custom-made Volume P...

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: All right, so let’s go over NASDAQ. The good thing is that NQ and ES are perfectly correlated right now, which is exactly what we want to see. We have trend line liquidity and this big one-hour fair value gap right here. On the four-hour chart, that  fair value gap  is smaller, but it’s still visible. So, we have both a one-hour and a four-hour fair value gap being respected. We also have trend line liquidity right here, which means we’re seeing conflicting draws on liquidity. This is what happened yesterday. Technically, this is the draw on liquidity—it has to be, because we’re defending both the four-hour and the one-hour levels and rejecting from them. So, the odds are that this are...