21.04.2019 Views

Trader Dale Volume Profile

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Price Action<br />

On the other hand, if I see a weak low below my long level or a weak high above my short<br />

level, then I don’t take the trade. The reason being is that a weak low below a long level would<br />

attract the price to test below this weak low. The same scenario is a weak high above a short<br />

level. This attracts the price to test above the weak high.<br />

Here is an example of a short level that is not so good because there is a weak high above it.<br />

You can see how the weak high attracts the price which shoots past it later.<br />

44

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!