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, in today’s day trading analysis I will focus on  AUD/CAD . Since the beginning of this week  Sellers were dominating  on this Forex pair. Those Sellers were pushing the price downwards aggressively especially on Monday and today. Before the sell-off that took place earlier today, there was a rotation. In fact, the price was rotating the whole Tuesday. Heavy volumes got traded in that rotation.  You can see that easily with my  Volume Profile indicator . Volume Profile Analysis The heaviest volumes got traded around 0.9480 . This is where the Volume Profile is the thickest. When those volumes were being accumulated it was hard to say if there were strong Buyers getting ready for a move or if it were Sellers. But now we know. We know because strong sell-off started from that rotation today. This sell-off tells us that strong institutional Sellers were building up their Short positions in that rotation.  Then they pushed the price downwards ...

Hello guys, this is the second part of the article about  productivity tips . If you want to read the 1st part then go here:  How To Get Things Done – Productivity Tips Part #1 As I said the last time, I don’t have the “qualification” in this area. I am simply a guy who tries his best to get things done. I am interested in the “productivity” topic, and I am going to show you the habits I stick with and that help me every day. Here we go! Tip #6: How To Collect Ideas I picked this habit up from the book “ Getting Things Done ” by David Allen. This book is written mostly for higher management/executives but still, there are things a regular guy like me can use. This is one of them. Does it sometimes happen to you, that  you are working on something, and out of nowhere a new idea pops up?  Sometimes it is not even related to the task you are just working on. This happens to me quite often. What most people do is dismiss the idea and continue working on their curren...

*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, today’s day trading analysis will be on  CHF/JPY! If you look only at Price Action, then you can see that there was an  uptrend the whole previous week. Now, it seems that the uptrend is at least temporarily over. How can you tell? If you look at the Weekly  Volume Profile , then you can see that this week’s profile has a  shape of a letter “b”. “b-shaped” Volume Profile The  “b-shaped” profile  tells us, that Sellers rejected the higher prices and that the “fair value” is not rising anymore. If you see the “b-shaped” profile after an uptrend, then it tells you that the uptrend is over. At least temporarily. Check it out in the picture below. CHF/JPY; 60 Minute chart with Weekly Volume Profile: Do you want ME to help YOU with your trading? Join one of my Volume Profile Educational courses and get my private trading levels, 15 hours of video content, my custom made Volume Profile indicators, and more! Click Here Volume Profile: Trend Setup The tr...