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: Hello everyone, it’s Dale here. In this video, I’ll show you the strongest Volume Profile levels to trade. This week, we will take a look at a couple of intraday trading levels as well as a swing trading level. So, let’s get to it. What you see before you is a chart of  USD/JPY . The platform is NinjaTrader 8 with my custom-made Volume Profile and VWAP indicators. On this 30-minute chart, I want to show you two strong supports. You can see them printed here and here. The first support is at  153.76 . Let me now tell you why I think this is a strong support and why I think the market will react there. First, let me show you the Volume Profile, because this is the most important thing fo...

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: Hey everyone, it’s Dale here. In this video, I want to show you a pretty interesting trade that I took earlier today. It wasn’t the best trade of the week, that’s for sure, but it’s very interesting when it comes to stop-loss placement and take-profit decisions. Let me show you. There are a couple of things here that I think you can learn from, or at least that could inspire you. What you’re looking at is a 30-minute chart of  USD/JPY , and the level that I was trading was this red line. It was a short from  155.4 . First, let me talk about the reasoning behind this trade and why I entered the short. If you take a look at this strong downtrend area, I used my Volume Profile and identif...

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: Most traders set their profit goals like, “ I want to make 5% profit per month ” That sounds smart, doesn’t it? Well, it isn’t. It’s actually one of the fastest ways to blow your account. And in this video, I’ll show you why profit goals hurt your trading and what you should focus on instead. The problem is that sometimes market conditions just aren’t good for trading. Even the best traders in the world know that sometimes the best thing to do is just sit on your hands and do nothing. But imagine a beginner who sets a goal to make 5% a month. What’s logically going to happen? Well, they take a few trades at the start of the month. Things don’t go as planned, and they are still very far from tha...

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: Hey guys, Dan here with my Trade of the Week. Let’s break down this 20-point bullish trap setup from Thursday, February 12th, during the morning session on the S&P. This setup was framed off a fake move that took a key level shortly after the open, trapped retail traders, and then sold off. We’re going to look at this setup more closely on the footprint chart using the Addis Footprint software, showing the logic for the trade entry, exit, and stop placement. So let’s get into it. Before we dive into the footprint, let’s provide a little market context from a broader perspective. If we look at this 1-hour chart with a weekly Volume Profile on it, you can see that earlier we were coming from ...