21.04.2019 Views

Trader Dale Volume Profile

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

<strong>Volume</strong> <strong>Profile</strong><br />

balance and neither of them is more aggressive than the other. The price is in a rotation or in a<br />

sideways price channel. The D-shaped profile is usually a sign of institutions accumulating their<br />

volumes ( = getting into large positions).<br />

There are 3 significant places to be aware of.<br />

1. High of the D – profile<br />

2. Low of the D – profile<br />

3. POC (= a place with the heaviest volumes). Usually close to the middle of the D-shaped<br />

profile.<br />

Places with volume clusters around high/low of this profile are strong support/resistance<br />

zones. Usually, you will see aggression around high and low of this profile (aggressive<br />

sellers at high, aggressive buyers at low).<br />

I like to enter short trades at volume clusters near high of the D-profile, and long trades<br />

at volume clusters near low of the D-profile.<br />

The POC is a good place for a Profit Target (when there is D-shaped profile)<br />

Here is a typical D-shaped profile:<br />

57

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

Saved successfully!

Ooh no, something went wrong!