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Trader Dale Volume Profile

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Market analysis from A to Z<br />

This way you will have the complete picture of the market and you can start searching for trading<br />

levels.<br />

Now, it is best to start with a <strong>Volume</strong> <strong>Profile</strong> analysis. You want to analyze significant price action<br />

areas from the previous step and look for the three main volume-based setups:<br />

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<br />

<br />

Setup #1: <strong>Volume</strong> accumulation setup<br />

Setup #2: Trend setup<br />

Setup #3: Rejection setup<br />

It is also helpful to look for confirmations of your volume-based levels. For that, I use the Price<br />

Action strategies mentioned earlier in this book. The “Confirmation strategies“ are:<br />

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<br />

<br />

<br />

<br />

Support becoming resistance (and vice versa)<br />

Open-drive<br />

AB=CD<br />

Session Open<br />

Daily/weekly high and low<br />

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