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: All right, good morning. This is David from Trader Dale, and today I’m going to show you an example of a continuation model trade that you can take after price has already begun its delivery out of a key area and is well on its way already to the desired area, target, liquidity area, or whatever type of system that you’re trading. Okay? If you’re confident in the draw and target that are still above or below your price, these continuation models can be very effective. And they’re really effective because, in these types of markets like we’ve seen this week, especially on Monday and even yesterday on Tuesday, you’re not getting very good retracements to enter trades. There are no 50% retracement...

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, in this video, I’ll show you an Order Flow setup called Trapped Traders. First, I’ll do a little drawing so you guys can understand the concept, and then I’ll show you a real trade that I took recently. So let’s start with a little drawing of the trapped traders. Imagine a short trade scenario. First, the price goes up like this, and then there’s a footprint on the Order Flow that shows strong buying activity in those cells close to the high. That means heavy volumes here, here, and here at the ask, right? Normally, that would scream at you that buyers, aggressive buyers, are pushing the price upwards and that the price should continue going up. But if the price does not follow throug...

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, and in this video I’ll show you the strongest Volume Profile levels to trade this week. What you see before you is the TradingView platform, and the chart is EUR/USD on the 30-minute time frame. I want to show you a short level here. This short level is based on this sell-off, which took place on Wednesday because there was the FOMC macro news. That’s very, very strong macro news directly related to the strength of the US dollar, so it’s very, very important news. And the level that I want to show you here is this short at 1.1531 . The reason why I think that this is a strong level to go short from is because—let me show you the Volume Profile here—there was thi...

Video Transcript I’ll show you exactly where to place your stop loss and take profit using Volume Profile. There’s one simple rule behind both. And once you understand it, stop-loss and take-profit placement will no longer feel chaotic. You’ll have a clear, simple logic that you can use on any trade. So, let’s get to it. Take profit and stop loss could be the place where a losing strategy could turn into a winning strategy. So, let’s talk about the take profit first. There’s one very important rule to remember about placing your take profit. And the rule is that you always want to place the take profit before a barrier, at its start. That barrier is most commonly a Heavy Volume Zone. Let me show you this example to make it clear. We have a Trend Setup with a Heavy Volume Zone in here. That means that you wait for a pullback, and this is a resistance where you go short from. And now you should think about where to place your take profit. And as we said, you want to place the take profit...