Trader Dale - Volume Profile Trading Blog

*Disclaimer:  Presented opinions, trades and trading ideas on the markets and charts is not advice nor a trading recommendation. It is general information and it is for educational purposes only. If you would like to learn to  trade with Volume Profile  and to  trade with me  every day, then join my  Trading Course!                                     Click the button below to get more information: Trading Course TAGS:  weekly ideas

  Hello guys, this is the  second part of the Market vs. Limit Order article  I wrote last week. If you missed it you can read it here: Market Vs. Limit Orders – Which One To Use? In today’s article, I am not going to tell you which type of order to use, because that was the main message of the previous one. Today, I will focus on another interesting phenomenon related to this topic – Stop Loss Hunting. “My Broker Is Hunting My Stop Loss” A typical thing beginner traders say: “ My broker is hunting my SL, he knows exactly where it is and he always makes the price go exactly there. ” Or “ I am the most unlucky person ever – the price always hits my SL and then turns the way I predicted .” Sure, having a  reliable broker  is crucial but in this case, it’s very often the fault of the beginner trader. Well, in fact this is not just beginners. Even advanced traders have such problems… Let’s now talk about what is the reason of this “SL hunting” and let’s use a recent...

Hello guys, in today’s post, I am going to look into the  German index DAX . There I am going to show you a  swing trade idea which you can best see on a 4 Hour or Daily chart. DAX is in a long-term uptrend.  It has been like that for more than a year actually. For this reason,  I am only interested in Long trades . So, I look for strong Supports. How do I look for them? Using  Volume Profile , of course  DAX – Volume Profile Analysis When there is a trend I use my  Flexible Volume Profile indicator  over the trend and  I want to see significant volume areas.  Those are places where (in an uptrend) strong Buyers were adding to their Long positions. Why are those places important? They are important because the  Buyers who placed their Longs there will want to defend those zones  – their Long orders. If the price goes past those zones, the Buyers will be in red numbers. Obviously, they don’t want that. So they will defend those ...

*Disclaimer:  Presented opinions, trades and trading ideas on the markets and charts is not advice nor a trading recommendation. It is general information and it is for educational purposes only. If you would like to learn to  trade with Volume Profile  and to  trade with me  every day, then join my  Trading Course!                                     Click the button below to get more information: Trading Course TAGS:  weekly ideas

Hello guys, this article will be about  Market Orders  and  Limit Orders.  I will break down how retail traders use them (that’s us) and how  BIG trading institutions  use them. One could think that such info is useful only for day traders and for people trading with  Order Flow . This is, however very far from the truth!  Understanding how Market and Limit Orders work and how to use them will help you to understand how the markets work overall.  Not just on the faster time frames! Market VS. Limit Orders - The Main Differences MARKET ORDERS Market orders are used by “aggressive market participants”.  An aggressive market participant is anybody (you, me, an institution,…) who wants to enter their trade NOW. A problem is that if you want to enter (or quit) your trade now, there may not be a counter party to your trading order (=when you Buy, somebody needs to Sell). EXAMPLE:  Imagine you want to Buy 10 Lots of EUR at 1.1900 but curre...