Recent content by Trader Dale

Today, I would like to have a closer look at NZD/CAD. What caught my eye here was a strong sell-off that occurred last week (13th May). Such a strong sell-off is a sign of aggressive sellers jumping in and pushing the price downwards. In this case, it is pretty easy to spot where those sellers...

Today, I would like to show you a nice confluence of two trading strategies on EUR/JPY. The analysis I am going to do will be an intraday trade analysis and I will do it on a 60 Minute chart. Volume Profile analysis The thing which got me interested first in this chart was a tight rotation...

Today, I will do an intraday analysis of CHF/JPY. It will be a bit different this time because I will also use Order Flow. Let’s first talk about what the Price Action and Volume Profile show. There has been a strong downtrend since the beginning of this week. There haven’t been any major...

CAD/JPY: Volume Profile Analysis Price Action Analysis Today, I will do an intraday analysis of CAD/JPY. What caught my eye when I went through the charts in the morning, was that there was a rotation from which strong buying activity started. This usually means that there...

AUD/NZD: VWAP and Volume Profile Analysis Today, I will do an intraday analysis of the AUD/NZD and I will use VWAP and Volume Profile just the way I showed you in the article yesterday. Identify the Trend The first thing to do is to identify whether there is a rotation or a trend. In this case...

AUD/CAD: Volume Profile Analysis Today I will look into an intraday trade analysis of the AUD/CAD. There was a strong buying activity all across the AUD related pairs yesterday and it created some nice trading opportunities. Volume Accumulation What I always like to see is a price rotation...

A Strong Support On Oil On Friday, I wrote an article on long-term investment in Oil. I talked about the prices dropping crazy low and making Oil very attractive for a long-term investment. Today, I am going to look more into intraday Oil analysis. You know, even an...

I was using my volume profile tool which I developed. The problem was that people could also buy this indi from me (but I did not advertise it there, I followed their rules). Still, they saw it like an advertising and banned me. I tried to talk to them but they did not respond to any of my messages.

I only use futures for Major fx pairs analysis. There is no futures for crosses so I have to rely on what volume data I get from forex datafeed (FXCM/KINETICK)

AUD/CHF: Intraday Trading Opportunities Today’s buying on the AUD created some nice trading opportunities on the AUD related pairs. Like for example on the AUD/CHF which I am going to analyze in this article. I am going to focus on an intraday analysis using 30 Minute and 60 Minute charts. When...

Oil Price Can’t Drop to $0. How To Profit On That? What is the difference between trading a currency pair (forex) and trading a commodity like Oil? It is quite simple: the Oil price cannot fall to zero, whereas a currency actually can devaluate so much it becomes almost worthless. A typical...

CAD/JPY: Volume Profile Analysis Let’s have a look at the CAD/JPY, intraday chart analysis today, okay? There was a nice rotation followed by a strong sell-off in the European session. I used my flexible Volume Profile to look inside the rotation and I found what I expected – heavy volumes...

EUR/GBP: Intraday Analysis With Volume Profile and VWAP Today, I will focus on the intraday analysis of the EUR/GBP. What caught my eye here was a rotation from which a strong sell-off started yesterday. Why it caught my eye? Because in a rotation...

AUD/CAD: A Complete Volume Profile Analysis Today, I would like to do an intraday analysis of the AUD/CAD. What caught my eye here were two things. First, strong buying activity (uptrend). Second, rotation areas created within the uptrend. There are usually heavy volumes...

How to do an Intraday VWAP Analysis I use two trading setups you can use with the VWAP indicator. One setup which you can use when there is a rotation and the other setup when there is a trend. Today, I would like to show you how you can apply those setups in your trading. I will demonstrate...