LIVE: Trading With Order Flow and Delta (USD/CHF futures)

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Video summary

  1. I used Volume Profile to find a strong intraday resistance. The resistance was based on Volume Profile: Trend Setup
  2. I published this trading level (a couple of days in advance) in my Trading Course members’ area.
  3. When the price made it to this resistance I opened Order Flow.
  4. On Order Flow, I was looking for some sort of confirmation. This confirmation would tell me (confirm) that sellers showed up around the resistance. This would make the trade much more likely to end up as a winner.
  5. I found the confirmation, which in this case was a divergence between price and delta. This meant that even though the price was rising, Cumulative Delta was falling (=sellers entering the market).
  6. I entered the short trade from the resistance I published before.
  7. I took a 14 pip Take Profit which I based on Volumes. I placed it one pip before a strong volume zone (visible on the top-left chart which shows volume footprints on 30 Minute time frame).
  8. Another viable Take Profit would be a bit lower at the place where the Order Flow shows “Unfinished businesses” (red dotted lines).

This was a typical example of how to trade with Order Flow and Delta.

In the video, I mentioned a lot of things you may not have understood. I explain that all as well as many Order Flow trading strategies in my Order Flow Video Course which you can get along With my Order Flow software here:

Get Dale’s Order Flow Pack Here

I hope you guys liked this video and that you found it interesting and helpful. Let me know what you think in the comments below!

Happy trading!

-Dale

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Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure

Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

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This presentation is for educational purposes only and the opinions expressed are those of the presenter only. All trades presented are NOT TRADED IN A LIVE ACCOUNT and should be considered hypothetical.