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Trader Dale Volume Profile

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Market analysis from A to Z<br />

In the picture, you can clearly see a really strong downtrend. Because this was a swing trade, I<br />

entered the long position despite it was a counter-trend trade.<br />

When creating swing levels and planning long-term investments you only do the Price Action<br />

analysis and <strong>Volume</strong> <strong>Profile</strong> analysis. You do it exactly the same way as in intraday trading<br />

analysis, except you use higher timeframes. You can also use the “Confirmation strategies“:<br />

<br />

<br />

<br />

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

Open-drive<br />

AB=CD<br />

With swing trades and long-term investments you also need to take the weak high/low and failed<br />

auctions into consideration. Look for these on a higher timeframe (240-minute or Daily for swings<br />

trades, Weekly or Monthly charts for long-term investments).<br />

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