VOLUME PROFILE TRADING - The BEST Entry Confirmation (HIGH WINRATE!) — Transcript

Full transcript

1. 0:00I've been trading the financial markets
2. 0:02for years by only using the volume
3. 0:05profile and one candlestick. And this
4. 0:08simple strategy still makes me
5. 0:10consistent profits. It has a very high
6. 0:13win rate, is 100% mechanical, and so
7. 0:16stupid simple that you don't need to
8. 0:18know anything about the volume profile
9. 0:20because in this video, I will teach you
10. 0:22everything step by step so [music] you
11. 0:25can execute on the strategy today. So
12. 0:27before we dive in, a quick heads up.
13. 0:29Trading involves significant risk and
14. 0:31isn't suitable for everyone. And most
15. 0:34retail traders accounts lose money and
16. 0:36I'm not a financial advisor. And this
17. 0:39video is for educational and
18. 0:40entertainment purposes only. And never
19. 0:43trade with money you can't afford to
20. 0:45lose. So in this video, we will go
21. 0:47through everything step by step so you
22. 0:50can execute on the strategy right away
23. 0:52and catch trades like this one like we
24. 0:55did. Make sure to stay until the end
25. 0:57because I'm going to give you a complete
26. 1:00strategy ebook completely for free. So
27. 1:03the first step is the volume profile. So
28. 1:06first of all, what you're going to do is
29. 1:08you're going to go right here to the
30. 1:09left where you have your forecasting
31. 1:11tools and you're going to go on the
32. 1:13volume base and choose the fixed range
33. 1:16volume profile. So you're going to click
34. 1:18this one. And then what we'll do is we
35. 1:20will go to the daily opening price which
36. 1:23is for me midnight central European
37. 1:26time. So right here this is the new
38. 1:28daily candle. And then I'll just drag
39. 1:31this over. And right now as you can see
40. 1:34this is on extend right. And you will
41. 1:37also keep this at extend to the right.
42. 1:39But right now for you guys to understand
43. 1:41this trade and why I took it I'll keep
44. 1:44it at not extending right basically. So,
45. 1:46and what we are seeing is we are
46. 1:49basically in a range and we're staying
47. 1:52inside this volume profile. But what are
48. 1:55these yellow lines? What is this red
49. 1:57line? Basically, the yellow lines
50. 2:00represent the value area where 70% of
51. 2:03transactions happened within this time
52. 2:07frame. And the red line is the point of
53. 2:09control, exact price point where most
54. 2:12amount of orders got executed. And right
55. 2:15here, I'll show you also my settings.
56. 2:17Right here, you can go for the roll size
57. 2:20200. Value area is at 70. And then just
58. 2:24put this on. Okay. So, perfect. Guys, we
59. 2:26put in a lot of effort into making these
60. 2:29videos. So, please make sure to
61. 2:31subscribe and also like this video.
62. 2:34Let's get back to the episode. Right
63. 2:35now, what we'll also do is we will go
64. 2:39right away to step two. But before that
65. 2:42we have to understand what we are
66. 2:45dealing with. So because in a volume
67. 2:47profile, yes, these three points are
68. 2:50very important. But what's actually much
69. 2:53more important is especially if you're
70. 2:56trading the developing profile of each
71. 2:59day are these low volume nodes right
72. 3:02here like this one and this one and
73. 3:04these high volume nodes is right here.
74. 3:08Let me draw out this low volume node and
75. 3:11you will see exactly what I'm talking
76. 3:13about. Okay? So if you just go back and
77. 3:16delete this position here as well, what
78. 3:18I do is I'll just mark this as LVN. So
79. 3:22in short, low volume node LVN. And what
80. 3:25this represents is the following. So if
81. 3:28we just follow the volume profile and
82. 3:31what price actually did in this
83. 3:33particular day during this day, what
84. 3:34happened? We came up and down. So the
85. 3:37value area low is right here. The value
86. 3:39area high is here. We tried to push up.
87. 3:42We retested these highs of the previous
88. 3:44day but then rejected. Tried to go up
89. 3:48again. Couldn't do it. What happened? We
90. 3:50retested the point of control right here
91. 3:52and then dropped significantly again.
92. 3:54And then we start to build up a range at
93. 3:57the value area low. That's why you can
94. 4:00see this high volume node right here.
95. 4:02And then what happened? We saw a quick
96. 4:04flush to the downside leaving a low
97. 4:07volume node. Okay. So basically what
98. 4:09this means is big market participants
99. 4:12who would like to short here didn't have
100. 4:15the opportunity to do so. And that's why
101. 4:17we are waiting for a retest into this
102. 4:19low volume node to then be part of the
103. 4:23continuation move to the downside and
104. 4:25basically position ourselves with the
105. 4:28volume profile with the trend. And now
106. 4:30the third step which is the manipulation
107. 4:34candle. And when are we going to look
108. 4:36for the manipulation candle? right here
109. 4:38on the 5minut time frame. Okay, as you
110. 4:40can see I'm on the 5minut time frame.
111. 4:42And what is a manipulation candle? If
112. 4:45you want, you can get our indicator
113. 4:46completely for free. This is the MC
114. 4:49Swift alerts indicator. It's going to be
115. 4:50in our Telegram channel. Link is in the
116. 4:53description. What is the manipulation
117. 4:54candle? Just let me show you that really
118. 4:56really quickly. Look how it manipulates
119. 4:59to the upside right here. Takes out the
120. 5:01previous candle's high, but then goes
121. 5:04very sharply to the downside. rejects
122. 5:07from here and then closes bearish. Okay.
123. 5:11So, what did it do? First of all, it
124. 5:13manipulated buyers, right? Because it
125. 5:15took out the high causing buy stops to
126. 5:17trigger etc. And right here, what's also
127. 5:21really nice is we have some highs
128. 5:23sitting up here which also got trapped.
129. 5:25So, early sellers who tried to sell here
130. 5:27got trapped, right? And now the buyers
131. 5:29are going to get trapped as well. But we
132. 5:31know the trend right now is bearish. The
133. 5:34momentum is bearish. The low volume node
134. 5:36is right here and the manipulation
135. 5:39candle prints. So all three steps are
136. 5:41ticked off. What I want to tell you
137. 5:43right here is this manipulation candle
138. 5:46could have formed from the value area
139. 5:48low as well. So it doesn't have to form
140. 5:51from the low volume node, but it can. So
141. 5:53there's no problem with it. And me and
142. 5:56my brother, we run a free Telegram
143. 5:58channel where we share the indicators,
144. 6:00the ebooks, our complete strategy. We
145. 6:03give trade signals, daily outlooks, and
146. 6:05you can even get our paid indicators
147. 6:08completely for free. Our paid courses
148. 6:11completely for free. Check the first
149. 6:13link in the description and join our
150. 6:15free telegram. So now all the steps are
151. 6:18ticked off and what we're going to do is
152. 6:20we're going to enter right away after
153. 6:22the manipulation candle closes. And then
154. 6:25what we'll do is we will aim for a
155. 6:27minimum of 1 to two. This is the minimum
156. 6:30that you're going to aim for. If you
157. 6:32want, you can also aim for some resting
158. 6:35liquidity around here and target some
159. 6:38more basically let the trade play out
160. 6:40because as you can see we ranged so much
161. 6:43during this day and also on the previous
162. 6:45day. So we are now expecting a bigger
163. 6:47move right here and right here. There
164. 6:49you go. This is the first liquidity
165. 6:52target that you're taking out here for a
166. 6:55126.7
167. 6:56and this trade just goes on and on to
168. 7:009R. Very very great trade. Amazing
169. 7:03amazing stuff. And just basically
170. 7:05following a simple three-step process,
171. 7:08drawing out the volume profile, then
172. 7:10drawing out the low volume node, right?
173. 7:14And then just basically waiting for a
174. 7:16manipulation candle to form right here.
175. 7:19Let me zoom in. A manipulation candle to
176. 7:21form and then get into that position.
177. 7:24Why did these not work out? Well, we're
178. 7:26not going to counter trend. we will go
179. 7:28with the trend that we have on that day
180. 7:31and that's why we only going to look for
181. 7:33shorts. Okay. And if you have our free
182. 7:36indicator MCF alerts, well, you don't
183. 7:39even have to be on the charts. You get
184. 7:40alerts directly as they form. Okay? So,
185. 7:43you can get ready etc. And since this is
186. 7:45on the 5minute candle, you'll have
187. 7:47enough time to get ready and prepare
188. 7:49yourself. Just yesterday during the
189. 7:51FOMC, we took a,000 pip trade on gold
190. 7:55live with our VIP members. It was just
191. 7:59incredible. Today we took 800 pips. We
192. 8:01are just milking gold at the moment.
193. 8:04It's incredible. I'm going to do the
194. 8:05recaps of these trades next week. So,
195. 8:08make sure to subscribe and if you want
196. 8:10to trade live with us every single day,
197. 8:13copy our exact moves, then check the
198. 8:15first link in description. I'll see you
199. 8:17in the telegram. So this next trade
200. 8:19setup is for all our subscribers who are
201. 8:22trading the Asian session. We get so
202. 8:24many comments from you guys and that's
203. 8:26why I'm doing this for you. Okay. So
204. 8:28right here we are during the Asian
205. 8:30session. Again what I'm going to do is
206. 8:32I'm going to go to the daily open for
207. 8:34me. Again it's midnight central European
208. 8:37time. That's basically when the new
209. 8:39daily candle opens right here. And then
210. 8:41what you'll do is you'll just again
211. 8:43double click this have it on extend to
212. 8:45the right again. What are we doing now?
213. 8:47Especially for the Asian session, what's
214. 8:50very important is to mark out liquidity
215. 8:53zones, etc. And in this case, what we
216. 8:55have right away is this low right here.
217. 8:59Okay, so basically the previous days
218. 9:01low. You as an Asian trader, you are
219. 9:04going to notice Asian session doesn't
220. 9:06really care about trend whatsoever. So
221. 9:08the Asian session is actually basically
222. 9:10like in my opinion the easiest session
223. 9:12to trade if you know what you're doing.
224. 9:14So basically first step volume profile
225. 9:17done. So let me go back one candle so we
226. 9:20have the exact volume profile when this
227. 9:22candle closed. And then look this is at
228. 9:252:35 my time. You can just convert that
229. 9:28to your time zone. This is central
230. 9:31European time. So this is basically the
231. 9:33start of the Asian session because for
232. 9:35me the session times are like this. This
233. 9:37is our proprietary indicator normally
234. 9:40paid but if you want it for free check
235. 9:41our telegram channel. These times are in
236. 9:44Eastern Standard Time time time. Okay,
237. 9:46so basically New York time. Take a
238. 9:48screenshot and just convert all these
239. 9:50times to your own time zone and stick to
240. 9:53these times when trading this strategy.
241. 9:55It works for all the sessions listed
242. 9:58here. So now we have the daily profile
243. 10:01of this current day. The Asian session
244. 10:03has already started. And now what we
245. 10:06have is a 5m minute manipulation candle.
246. 10:08Again, what did we say? It has to take
247. 10:10out the low and take out the high of the
248. 10:13previous candle and now it closes above.
249. 10:16So this is a bullish one and bullish
250. 10:18manipulation candles. We're going to
251. 10:20look for buys. Okay, we're going to
252. 10:22enter a buy. Stop loss goes always below
253. 10:25the manipulation candle and then we're
254. 10:27going to aim for a minimum again of one
255. 10:29to two. This is the minimum. Again, what
256. 10:31you can do, you can aim for some
257. 10:34liquidity targets. for example, like
258. 10:37this high right here and then this high
259. 10:40right here if you want to hold runners.
260. 10:42So this strategy like if you really stay
261. 10:45true to the steps and just follow the
262. 10:48system can pay you very very well.
263. 10:50Amazing amazing stuff. Look like how
264. 10:53easily this move is right look by the
265. 10:56way like if you just are trading the
266. 10:58Asian session you can be done right here
267. 11:00as well. Look, this is 500 a.m. my time
268. 11:03and we're already up 1 to 6R hour. Later
269. 11:06on, the trade goes and goes and goes and
270. 11:08also hits our liquidity targets right
271. 11:11here and for a total of almost 1 to 10R.
272. 11:15And if you take partials and just focus
273. 11:19on the trend, you can easily get also
274. 11:22some continuation moves like this MC
275. 11:24right here and then just ride this wave.
276. 11:27And then on gold, this strategy is like
277. 11:30a monster. I'm telling you, this
278. 11:32strategy is a monster. And it just
279. 11:34continues and goes and goes, guys. So,
280. 11:36what were the steps? Let's go back right
281. 11:39here. Okay, first step, volume profile.
282. 11:41You draw this out and then wait. Okay,
283. 11:44extend to the right. You wait and then
284. 11:46you're going to get our free indicator
285. 11:48from our Telegram channel. You're going
286. 11:50to set the alerts. Okay, let me show you
287. 11:52how you set the alerts right here. Oh,
288. 11:54since we already have the alerts, it
289. 11:56doesn't work like that. You have to
290. 11:58leave the replay mode. Okay, let's leave
291. 12:00the replay mode. This was another banger
292. 12:02we took today. Here on the 10-minut
293. 12:05right here, add alerts and then choose a
294. 12:07time frame. Okay, just start with the 5m
295. 12:09minute time frame first. Start with the
296. 12:115 minute and if you're comfortable with
297. 12:13the 5 minute, then you can work your way
298. 12:15up to multiple time frames. But it is
299. 12:18very convenient with the free indicator
300. 12:20because you get alerts directly. Look,
301. 12:22message manipulation candle MC detected.
302. 12:26And then you do that once per bar. And
303. 12:28that's it. And then you press create
304. 12:30right there. So let's go get back to the
305. 12:32trade. And let's do the recap. So again,
306. 12:34we are here. Step one, volume profile.
307. 12:37Step two on the 5m minute. We already
308. 12:40marked out some liquidity points. And
309. 12:42the trend in this case, yes, of course,
310. 12:45this is a counter trend position, but we
311. 12:47are basically just following this range
312. 12:51market condition on gold currently. So
313. 12:53trend doesn't always have to mean it's
314. 12:55bullish, you're just going to look for
315. 12:57buys. It's bearish, you're just going to
316. 12:58look for shorts, for sells. No, it means
317. 13:01look for the correct setup from the
318. 13:03correct points. And here we have a range
319. 13:05buildup as well. um we are rejecting
320. 13:08from the value area low and closing
321. 13:11above the point of control. So two areas
322. 13:13of interest in the volume profile as
323. 13:15well and also reacting from a high
324. 13:18volume node. Look right here. And third
325. 13:20step manipulation candle since you will
326. 13:22have the indicator you'll get the alert.
327. 13:24You are on your desk. You wait for this
328. 13:26candle to close get into the buy. Put
329. 13:28your stop loss below the candle and then
330. 13:31enjoy the profits. That's how we do it.
331. 13:33If you want to have the strategy ebook,
332. 13:36the step-by-step guide, and much more
333. 13:39information on this exact manipulation
334. 13:42model that me and my brother have been
335. 13:44refining for the last 7 years, check our
336. 13:47Telegram channel. Everything is
337. 13:48basically for free. You can message me
338. 13:51directly as well on Telegram. It's Tamza
339. 13:54GBC. So, just message me. I'll try to
340. 13:57help you. Make sure to like, subscribe,
341. 13:59and I'll see you in the next