For WaveTrader and WaveTrader Auto Trader owners, you can now trade BUY and SELL ZONES with printed stops and targets as well as LOW VOLUME NODES. WaveTrader now recognizes when a valid trade presents itself at a zone or a node and will print an entry with position sized contracts, […]
Sometimes in our trading careers we find ourselves in a rut – in a place we have been before – maybe it’s another losing streak, maybe it’s another month of small profits, maybe it’s a whole lot of wins and then one big loss that wipes all that hard work […]
Day trading crude oil today using market profile and volume profile techniques was quite successful. We opened just under yesterday’s value area high after a late spike up in the pre-market. This bode well for shorts – just find an entry and hang on. Price was likely to target yesterday’s […]
The new strategy I posted yesterday was equally successful today. Examine your day trading strategy, whatever it is, and then take a look at my entries and risk and see if it’s time to embrace something that is new, exciting, rewarding and taught only here. DotTrader is simply amazing!
The premise behind this day trading strategy is based on sound volume profile trading. Here is a shot of my day on the CL – this isn’t rocket science folks but it sure does work!
So many people I talk to are interested in volume and market profile day trading. Once you start investigating you find out that it is not an exact science but rather a way to organize the market and create a framework for successful trades. This has not been frustrating for […]
It wasn’t a massive trend day in Crude Oil – there was no one time framing or range expansion, but that doesn’t mean that opportunities didn’t abound to make a mint trading it like a professional. I am a big proponent of day trading using volume profile as a guide […]
Here is another example of using volume profile in your day trading to imagine based on sound principles where the market might be going. Once you have that premise or hypothesis in place, the next thing to do is monitor your day trading chart for entries that direction. This is […]
Sorry for the late post but here is my review of CL and day trading volume yesterday. I do highlight some reasons why volume should have warned that longs were weak yesterday morning and in fact in our trading room I did while the weakness was apparent in real time. […]
If you’ve attempted any study of volume or market profile then you know the 2 most important questions you must always be asking yourself: 1. Which way is the market trying to go? 2. How good a job is it doing going that direction? The answers to these questions through […]