This New Setup Gives Amazing Results! 🎯 Top Volume Profile Levels to Trade This Week

Hi everyone, it’s Dale here with a new weekly trading ideas video. I usually shoot these on Mondays, but this time I got sick and wasn’t able to record on Monday. Better late than never, right? So here’s the new overview of the charts and the strongest Volume Profile levels to trade from. Let’s check out the charts and see what we have here.

The chart before you is EUR/CHF, and it’s a 30-minute chart. The reason I want to talk about this chart in particular is that it features one setup I really like to trade. The setup goes like this:

There needs to be an opening gap, which is becoming more common, especially since Donald Trump became president. So first, there must be an opening gap. Behind the gap, there needs to be a heavy volume zone. If you use the Flexible Volume Profile, for example, like this, you can apply it over the area before the gap. You can also select a wider rotation before the gap, but in either case, you need to see heavy volumes there.

So, step one is identifying the gap. Step two is confirming the heavy volume zone before the gap. Once these conditions are met, you want to trade pullbacks to the beginning of that heavy volume zone. In this case, my level is at 0.9441. If the price returns to that level, you want to enter a short trade.

This is my favorite setup when there’s an opening gap, and these gaps are becoming more frequent in forex, which is great. Now, we just need to wait for the pullback. When the price reaches this level, we go short—simple as that.

If one instrument opens with a gap, it’s very common for many others to do the same, meaning you can trade this setup in multiple places. Let me show you how this setup typically plays out.

The same thing happened on ES—there was a huge opening gap, a heavy volume zone, and then the price pulled back to that zone, leading to a strong reaction. That’s exactly what we expect to see.

The same setup also appeared on NQ—an opening gap, heavy volumes behind it, and a trade from the beginning of that volume zone, leading to a short opportunity.

Now, let’s look at NZD/USD. The same thing happened here—there was a heavy volume zone, a gap, and then a pullback into the volume zone, resulting in a strong reaction. This is an incredibly reliable setup, and it’s currently giving me an insane win rate.

Here’s another example on NZD/JPY. Again, we have a gap, a heavy volume zone behind it, and a pullback to the beginning of that zone—boom, another strong reaction.

The same thing happened on NZD/CHF—a rotation, then a gap, a pullback, and another solid reaction. Insane, right? This setup is performing incredibly well right now.

Of course, no strategy wins 100% of the time. For example, I had a losing trade on EUR/USD. There was a rotation with heavy volumes, followed by a gap. I went short from here, but it hit my stop loss. No strategy is without losing trades.

However, one important thing to note is that when the price blasts through a strong level like this, you can look for a reversal trade. That means when the price gives you another opportunity at the same level, you can trade in the opposite direction. In this case, after the failed short, I took a long trade when the price returned, and it worked perfectly, effectively recovering the loss.

Now, back to EUR/CHF—as I said, we just need to wait for the pullback and take the short trade from this heavy volume zone.

Before we move to the next trading idea, just a quick note—we’ve just launched a Valentine’s Day sale on my website. That means you can get my best educational and indicator packs at a huge discount. Let me show you real quick, and then we’ll jump back into the charts.

If you go to Trader-Dale.com and click Trading Course & Tools, it will take you to the page where you can get the discount. If you scroll down, you’ll see my best packs at a discount:

• The Volume Profile Pack, focusing on Volume Profile trading
• The Order Flow Pack, focusing on day trading with Order Flow
• The VWAP Pack, which teaches you everything about VWAP trading

All these packs also include custom trading indicators for various platforms.

Here’s the best part—if you scroll down, you can get all three packs together for only $597. That includes all the indicators, full support, and everything else. This is part of our special Valentine’s Day sale.

And there’s one more special thing—our guarantee policy. You can try everything for two weeks, completely risk-free. If you don’t like it, if you don’t find value in the indicators or education, just ask for a refund—no questions asked.

And here’s something extra—you still get to keep everything even if you refund. Pretty sweet, right?

Now, let’s go back to the charts and move on to USD/CHF.

Again, you’re looking at a 30-minute chart. Here, we have a short level at 0.9880.

Let me zoom in so you can see it better.

This level is based on a combo of two trading setups. I like to use combos whenever I can.

• First setup: The Volume Profile Trend Setup. When there’s a trend, you use the Volume Profile over the trend area. You can apply it over the recent trend or the entire trend. In this case, I prefer using it over the recent trend because it makes it easier to read.
• What I want to see is a significant volume cluster, like this one. I trade from the beginning of that cluster—this is our level. So, we wait for the pullback and go short from here.
• The reason behind this level is that sellers who added to their short positions here should become active again when the price pulls back, pushing the price downward.
• Second setup: Price Action Support Turned Resistance. This level previously acted as a strong support—the price bounced from it multiple times. When the price broke through this support, it turned into a new resistance. That means when the price pulls back, it should react as resistance.

Both setups align, making this a strong level to trade from.

Oh, and by the way, here’s one more example of the opening gap + volume zone setup. The price made a pullback to the heavy volume zone, and boom—a strong reaction.

Next, let’s look at AUD/CHF.

The most important thing on this chart is this strong rejection of lower prices. There was a strong sell-off, then the price aggressively reversed upward. This signals buyer strength and aggression.

I used the Volume Profile to analyze this rejection, and what I want to see is a significant volume bump around where the price turned. That tells us buyers stepped in aggressively and reversed the price.

This is a key zone for buyers. The beginning of this zone is my long level at 0.5592.

When the price pulls back, buyers should defend this level, leading to another upward move.

To recap, today I showed you three key setups:

1.      Gap + Heavy Volume Setup

2.      Volume Profile Trend Setup

3.      Rejection Setup

Each works in different market conditions—trending, ranging, and gapping markets. Try them out and see what results you get!

Before I wrap up, I want to announce the winner of last week’s contest. The winner receives my custom Volume Profile and VWAP indicators for TradingView. Congratulations to the winner!

For next week, I’m running another contest. Just comment below the YouTube video, and I’ll randomly pick one person to win the indicators.

That’s all for today—thanks for watching, and I’ll see you next time. Happy trading!