Trader Dale Volume Profile

Real trades
However, the price reacted 2 pips sooner so my Reversal order didn’t get filled. Because of this, I
discarded the level.
As you can see from the picture – if I hadn’t discarded the Reversal and took the trade when the
price actually hit the level, it would have been a profit.
Reversal trade #3:
At first, I entered a short trade based on the Volume Accumulation Setup. Pretty heavy volumes
got accumulated throughout the week around the 106.40-106.60 area. The Point of control (POC)
of this heavy volume area was at 106.53. I decided to go short from there because it was a pretty
strong resistance zone. Surprisingly, there wasn’t any significant reaction to the level and the price
got extremely close to my Stop-loss. When the price returned to the Break-even point (106.53) I
quit the trade and entered a long Reversal trade according to the rules of the strategy.
When buyers are strong enough to push the price through the weekly POC without any reaction,
it is better to change your bias than fight the market.
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