EUR/GBP: Volume Profile and Price Action Analysis

Hello guys,

yesterday’s market analysis turned into a beautiful trade so I hope you took it! If you missed it, then here it is:

EUR/CHF: Volume Profile and Price Action Analysis

Today, I will also do a day trading analysis. This time on the EUR/GBP.

There is a newly formed uptrend (BTW starting from Swing Long level from our Elite Pack members area) which I think could provide a nice trading opportunity!

This new uptrend started from a rotation that formed yesterday.

Volume Profile Analysis

I used my Flexible Volume Profile to look into the rotation to see how volumes were distributed there.

As you can see from the picture below, there was quite a huge chunk of volumes accumulated in this rotation.

I think that strong institutional Buyers were building up their Long positions there.

Those BIG guys need to build up their positions in a rotation since that’s the only place where they can place their massive trades without being spotted and without moving the price too much.

Why do I think it was Buyers? Because of the the new uptrend that followed the rotation.

EUR/GBP; 30 Minute chart:

Strong Institutional Buyers

Knowing there were strong institutional Buyers entering their Longs in the rotation, how do we work with this information?

Since we know the Buyers placed a lot of their trading positions in this zone starting at 0.8518, we can assume that this zone is important for them.

When the price makes a pullback into this zone again, those BIG guys will want to defend it.

Defend how? By manipulating the price upwards again – using aggressive Market Orders.

This is what should help to push the price upwards from there and what makes the zone (starting at 0.8518) a strong Support.

The Volume Profile setup I used here is called the “Volume Accumulation Setup“.

I hope you guys liked my analysis! Let me know what you think in the comments below!

Happy trading,

-Dale

AUD/CHF: Swing Trading Analysis With Volume Profile And Price Action

 

Hello guys,

today’s post is going to be a Swing trade analysis. This means we will be looking at higher time frames – in this case, Daily time frame.

The pair I want to have a look at is the AUD/CHF.

Last week, there was a really strong sell-off on the AUD/CHF. The massive bearish Daily candle that formed on Thursday made over 100 pips in just one day. Such a huge daily range is not too common for the AUD/CHF!

What does such a strong sell-off mean? It means strong institutional Sellers!

Those Sellers were slowly accumulating their Short positions in the rotation that lasted the whole month of June.

You can see their heavy volumes in the June rotation by using my Flexible Volume Profile indicator.

AUD/CHF, Daily chart:

When the price makes it back into this heavy volume zone again, then the strong institutional Sellers are likely to defend it and push the price downwards again.

This zone is important for them, because they placed a lot of their Short positions there.

For this reason, the heavy volume zone (starting at 0.6913) should work as a Resistance. We just need to wait for a pullback…

This Volume Profile setup is called the “Volume Accumulation Setup“. It’s one of my most favorite trading setups!

I hope you guys liked my analysis! Let me know what you think in the comments below!

Happy trading,

-Dale

NZD/USD: Day Trading Analysis With Volume Profile

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I hope you guys liked my analysis!

Let me know what Forex pairs or other trading instruments you want in the next one! Let me know in the comments below or in the comments below this video on YouTube.

Happy trading,

-Dale

AUD/CAD: Volume Profile And Price Action Swing Trading Analysis

 

Hello guys,

today, we will have a look at a swing trading analysis on AUD/CAD.

For swing trading analysis I like to use 4-hour charts or Daily charts. Today, I will do the whole thing on the Daily chart as it is really nicely visible and easy to understand there.

So, why have I picked AUD/CAD? Because there is a nice and strong trend. If you have been following me for some time then you know that I like to look for significant volumes that were traded inside such trends.

I look for those using my Flexible Volume Profile.

Volume Profile Setup

In this case, I used my Flexible Volume Profile to look into the downtrend area. It revealed a strong Volume Cluster.

Such Volume Cluster represents a place where strong Sellers were adding to their Short positions – it reveals their big, institutional volumes.

When the price makes it back to this Volume Cluster area (starting at 0.9473) then those strong institutional traders should defend it. They will defend it because they placed a lot of their Shorts there before (this place is important for them).

This is why this zone should work as a strong Resistance.

This setup is called “Volume Profile: Trend Setup“

AUD/CAD; Daily chart:

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Price Action Setup

Another reason this 0.9473 zone should work as a Resistance is that it worked as a strong Support in the past.

How can I tell? Because the price bounced off this zone twice, and always very strongly.

When this Support got breached it became a Resistance. This is my favorite Price Action setup that I like to use as a combo with my Volume Profile setups.

You can learn more about this setup here:

Price Action Setup: Support → Resistance

AUD/CAD; Daily chart:

What I like about this is that those two setups (Volume Profile and Price Action setups) nicely align and both point to the same Resistance area around 0.9473.

I hope you guys liked my analysis! Let me know what you think in the comments below!

Happy trading,

-Dale