Trader Dale Volume Profile

Real trades
This time I didn’t set up my PT to 10 pips but to 13. The reason was a failed auction at 106.65.
When the price comes close to such area it tends to test above it. For this reason, I placed my PT
1 pip above the failed auction (106.66). As you can see from the picture the Reversal worked
nicely and I was able to get my +13 pips profit quickly.
Reversal trade #4:
I had a long level based on a Trend setup on the USD/JPY. Unfortunately, there was
macroeconomic news followed by unexpected news/speech by D. Trump. This caused a rise in
volatility and the price just went through my long level without any reaction to it. I took a quick
Stop-loss. Immediately after that, I placed a limit order with a Reversal trade. With this Reversal
trade, I was able to jump into the downtrend and get my +10 pip profit quickly.
181