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: Hey everyone, it’s Dale here. Welcome to this video where I want to walk you through my recent trade on  EUR/USD . It was a swing trade, which means I was trading this on a daily chart, and I want to show you exactly how I traded it from A to Z and how I apply all the things that I teach in my other videos. So let’s check it out. Here is a daily chart of  EUR/USD , and the level that I was trading was a short level. It was based on a Volume Profile setup a setup that I call the trend setup. As you can see, there was a rather significant heavy volume zone formed right before this selloff. What price likes to do is react to significant volume clusters like this one. You can, for example,...

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: In this video, I’ll show you how to get out of a drawdown step by step. Most traders either don’t know what to fix, or they try to fix everything at once. And that’s exactly why they stay stuck. To get out of a drawdown, you need a clear plan. You need a system. And that’s what I’m going to show you now. There are essentially two reasons why you are in a drawdown. The first reason could be a risk and money management problem. The second one could be a strategy problem. So let’s first cover the risk and money management problem, because this is easier to fix. The most common mistake why people are in a drawdown is that they don’t have a constant risk per trade. And this is quite surprising, righ...

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: Good morning. This is David from Trader Dale, and this is the trade example of the week. Today we are going to look at a trade example on a currency pair in the London session. When we trade currencies, we typically like to trade and analyze correlated pairs together. So  EUR/AUD  and  GBP/AUD  are correlated pairs, meaning they will move in unison with each other. The reason we look at that is because we look for cracks in correlations. ICT may call it an SMT—it’s a divergence. You can see it right here, where in the London session GBP/AUD takes out the low of the previous day’s session, while EUR/AUD does not. That creates a divergence. Along with that divergence, we look f...

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 this video where I’ll show you the strongest volume profile levels to trade this week. Let’s check out the first level, and it will be on the  AUD/USD . What you see before you is a 30-minute chart of the AUD/USD. And what I want to show you here is a resistance which formed on Friday. This level, this red line, is that resistance at  0.7205 . And if you take a look at the price action here, then on Friday there was rather aggressive buying activity right here, then some sideways price action, and then the price started to drop. So this is something that I call a strong rejection of higher prices. Right? Now, if you look into this rejection wi...

  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: Fair value gaps  are one of the most popular trading concepts right now. But the truth is, most traders don’t really know how to use them properly. In this video, I’ll show you what actually works and what doesn’t, what makes a good fair value gap, and what makes a bad one. And I’ll show you how to build a solid trading strategy around this. So, let me kick this off by telling you what the fair value gap represents. When you look at the chart and there’s a fair value gap, it means that one side of the market is more aggressive than the other. In this case, you can see a downtrend, and in this downtrend there are two fair value gaps. This one highlighted in red and this one also highl...