Trader Dale Volume Profile

Recommendations

Info

Position management In the picture, you can see how the volume-based resistance (around 1.1934) turned the price back into a selling activity. The ideal place to quit this trade was around 1.1930-1.1934. Here is another example to make it more clear: 115
Position management Right now, as I am writing about this topic, I have just quit a long position on the USD/JPY which was based exactly on this approach. Pretty nice coincidence, don’t you think? Have a look at the trade below (my long trade was based on the Setup #2: Trend setup): The general rule for the <strong>Volume</strong>-based Profit Target is to place the PT a few pips before the first significant volume area that stands in the way of your trade. If the closest area is too close (let’s say that less than 10 % of average daily volatility), then don’t take the trade. Your PT would be just too close and the potential gain from the trade wouldn’t be worth the risk. Stop-loss placement Fixed Stop-loss This way you adapt your SL to the volatility of the market that you trade. You do it, for example, using the ATR as I showed you earlier. This way, you will use the same Stop-loss for all your intraday trades – for example 10 pips. This method makes your trading and your decision making the process easier because you don't need to think about your SL setting in every single trade. 116
Page 2 and 3:
Risk Disclosure Futures and forex t
Page 4 and 5:
Volume Profile ....................
Page 6 and 7:
Position management ...............
Page 8 and 9:
Gap at market open ................
Page 10 and 11:
Introduction My first tangible succ
Page 12 and 13:
Price Action Price Action Price Act
Page 14 and 15:
Price Action Who moves the price? E
Page 16 and 17:
Price Action If you use for example
Page 18 and 19:
Price Action Let me now show you a
Page 20 and 21:
Price Action Strong initiation area
Page 22 and 23:
Price Action As you can see, there
Page 24 and 25:
Price Action There are some really
Page 26 and 27:
Price Action The first one is an EU
Page 28 and 29:
Price Action aggressive sellers, th
Page 30 and 31:
Price Action There are some cases w
Page 32 and 33:
Price Action Step 1: Use the Fibona
Page 34 and 35:
Price Action Bearish AB = CD (EUR/U
Page 36 and 37:
Price Action Strategy 5: Daily Open
Page 38 and 39:
Price Action position. I am basical
Page 40 and 41:
Price Action Strong high/low Formin
Page 42 and 43:
Price Action Remember that you are
Page 44 and 45:
Price Action Weak highs/lows are pl
Page 46 and 47:
Price Action The reason market tend
Page 48 and 49:
Price Action The failed auction is
Page 50 and 51:
Price Action If you are a swing tra
Page 52 and 53:
Volume Profile Volume Profile Why a
Page 54 and 55:
Volume Profile I don’t really see
Page 56 and 57:
Volume Profile If you prefer doing
Page 58 and 59:
Volume Profile balance and neither
Page 60 and 61:
Volume Profile “b-profile“ Its
Page 62 and 63:
Volume Profile Not all the Volume P
Page 64 and 65:
Volume Profile Currently, I am usin
Page 66 and 67: Volume Profile Now you know in whic
Page 68 and 69: Volume Profile Let me now explain t
Page 70 and 71: Volume Profile When somebody who is
Page 72 and 73: Volume Profile The volume cluster c
Page 74 and 75: Volume Profile Below you can see a
Page 76 and 77: Volume Profile Volume Setup #3: Rej
Page 78 and 79: Volume Profile If there is a reject
Page 80 and 81: Volume Profile Important notice: An
Page 82 and 83: Finding your style Stop-loss and Pr
Page 84 and 85: Finding your style Stop-loss and Pr
Page 86 and 87: Finding your style Forex brokers us
Page 88 and 89: What instruments to trade? What ins
Page 90 and 91: What instruments to trade? So, my a
Page 92 and 93: What instruments to trade? Steps to
Page 94 and 95: What instruments to trade? USD/JPY
Page 96 and 97: What instruments to trade? The cryp
Page 98 and 99: Macroeconomic news The end of the s
Page 100 and 101: Macroeconomic news There are ways t
Page 102 and 103: Macroeconomic news Examples of "Wea
Page 104 and 105: Macroeconomic news advantage of usi
Page 106 and 107: Macroeconomic news will often have
Page 108 and 109: Macroeconomic news Tip #8: When to
Page 110 and 111: Macroeconomic news Tip #10: Adjust
Page 112 and 113: Market analysis from A to Z This wa
Page 114 and 115: Market analysis from A to Z In the
Page 118 and 119: Position management Volume-based St
Page 120 and 121: Position management Volume-based St
Page 122 and 123: Position management Let me give you
Page 124 and 125: Position management With 10 pip Pro
Page 126 and 127: Money management Money management M
Page 128 and 129: Money management There is one more
Page 130 and 131: Money management Let’s say that y
Page 132 and 133: Trading psychology Trading psycholo
Page 134 and 135: Trading psychology Good losing trad
Page 136 and 137: Trading psychology What I call the
Page 138 and 139: Trading psychology statistics from
Page 140 and 141: Trading psychology your lost capita
Page 142 and 143: Backtesting & getting started to lo
Page 144 and 145: Backtesting & getting started In th
Page 146 and 147: The 10 most common trading mistakes
Page 152 and 153: BONUS: How I manage my intraday tra
Page 164 and 165: Real trades Real trades Now you sho
Page 166 and 167:
Real trades Volume accumulation tra
Page 168 and 169:
Real trades Volume accumulation tra
Page 170 and 171:
Real trades Trend setup trade #3: T
Page 172 and 173:
Page 174 and 175:
Page 176 and 177:
Real trades Trades based on Setup #
Page 178 and 179:
Real trades Rejection Setup trade #
Page 180 and 181:
Real trades Reversal trades Reversa
Page 182 and 183:
Real trades This time I didn’t se
Page 184 and 185:
Real trades Reversal trade #6: Reve
Page 186 and 187:
Real trades Swing trades based on S
Page 188 and 189:
Real trades Swing trades based on S
Page 190 and 191:
Accelerate Your Learning Accelerate
Page 192 and 193:
Accelerate Your Learning community
Page 194 and 195:
Just a few testimonials on the cour
Page 196:
Just a few testimonials on the cour
show all

Trader Dale Volume Profile

Create successful ePaper yourself

Delete template?

Save as template?