Biggest Mistake to Avoid in Volume Profile Trading - Avoid This!

Ойын-сауық

💻 Website: www.priceactionvolumetrader.com
💻 Trading Courses and Student Discord: courses.priceactionvolumetrad...
- Trading with Price Action and Volume Profile
- Day Trading with Volume Profile and Orderflow
- Trading with Market & Volume Profile
- Trading with Fibonacci and Market Structure
* Complete 4 course bundle = save 25% *
--------------
✅ Get 90% Off Apex funding + 1 Day Pass with code PAVT: tinyurl.com/PAVTAPEX
✅ Get 30% OFF MyFundedFutures Expert plans for new users and 30% OFF static drawdown plans using code PAVT: tinyurl.com/PAVTMFFU
✅ Get the 50K account for only $49 with TopStep, Pass in 2 days: tinyurl.com/PAVTTOPSTEP
✅ Get 20% Off TradeDay funding with the lowest profit targets using code PAVT: tinyurl.com/PAVTTD
--------------
📊 Open a Sierra Chart Account: tinyurl.com/PAVTSIERRA
--------------
🎥 Trading Education Videos: • Trading Education
🎥 Sierra Chart and TradingView Guides: • Sierra Chart & Trading...
🎥 Trader Funding Guides: • Trader Funding Guides
📈 Free Market Structure Mini Course: • Free Market Structure ...
📉 Free Beginner Classical Chart Pattern Course:
• Free Classical Chart P...
--------------
Disclaimer: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. I am sharing my opinion with no guarantee of investment gains or losses. You should never trade with money you can’t afford to lose. Prove profitability in a simulator before trading with real money.
Affiliate Disclosure: I only recommend products and services I genuinely believe in and use myself. Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Commissions earned will be used towards growing this channel.

Пікірлер: 103

  • @PriceActionVolumeTrader
    @PriceActionVolumeTrader Жыл бұрын

    Hey traders. I've just launched a new bundle for all 3 of my trading courses. Get them all together for a 25% discount in the course page on the description ☝

  • @lastking1731

    @lastking1731

    Жыл бұрын

    Name of this indicator please?

  • @DavidElstob73

    @DavidElstob73

    Жыл бұрын

    Nice video as always. What you're explaining is similar to the neckline on a pattern. And what no text book will explain is why this is important. Well it's important because - according to the NYSE website - market makers prop up trading ranges (to prevent price collapsing and conditions becoming untradeable). So like you said, we need to see a clear break of the neckline (support or resistance) so we know market makers have flipped direction.

  • @justincuvelier9569
    @justincuvelier95695 ай бұрын

    Honestly the best 15 minutes of my life. You didn't draw anything out, sell anything, degrade anyone, and very effective. Thank you. One last thing, the explosive take off is able to be offset if risk management and average down method is used. I've done this numerous times and red trades end green trades.

  • @bryfryable
    @bryfryable Жыл бұрын

    Wow. I have this same problem trying to anticipate a breakout when price pierces through a node. It seems like using VP node gaps for S/R levels is the way to go. Thanks for the explanation and reasoning!

  • @No1TasLis
    @No1TasLis Жыл бұрын

    Best tutorial on vol profile I've come across. Another great confluence before entering a trade. Thank you for making this video.

  • @cee5794
    @cee57943 ай бұрын

    Wow super clear explanation, ty!

  • @splithammond
    @splithammond6 ай бұрын

    Very clear message, thank you very much for posting this video.

  • @htruth1785
    @htruth17859 ай бұрын

    One of the best videos I have seen. So clear, accurate and to the point.

  • @nekoinekoi2015
    @nekoinekoi20155 ай бұрын

    Great video. Thank you!

  • @Cloudman7
    @Cloudman7 Жыл бұрын

    Outstanding insight - thank you for sharing!

  • @dina3349
    @dina3349 Жыл бұрын

    You keep us busy! 😂Love your videos! Taking notes for a future reference!

  • @justtrade9903
    @justtrade9903 Жыл бұрын

    Great video, Thanks. I keep making this same mistake. The key is wait for the break and re-test, then go in. I have to keep reminding myself this all the time, and yet, i still make the mistake. Patience pays.

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    Жыл бұрын

    Yes. We all still do this sometimes. Key to wait.

  • @freakonauta1363
    @freakonauta1363 Жыл бұрын

    Thanks. Great content as always.

  • @lanreoshisami8934
    @lanreoshisami8934 Жыл бұрын

    The most easiest way to explain volume profile. Thank you. I'm subscribing to your channel.

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    Жыл бұрын

    Welcome!

  • @digger5521
    @digger5521 Жыл бұрын

    11:46 I see a double bottom another reason not to short I thank you for your amazing work, greets from Australia

  • @TexasRaised68
    @TexasRaised6811 ай бұрын

    Clearly understandable, thank you!

  • @HarvysHotDeals
    @HarvysHotDeals Жыл бұрын

    thanks great info nicely explained

  • @dixy2k
    @dixy2k Жыл бұрын

    Thank you.

  • @afiyakemarafa1997
    @afiyakemarafa19979 ай бұрын

    I have been using it correctly OMG. Not to gloat, but I think I'm very clever to have figured this on my own. I was profitable for 3 weeks straight.

  • @mokhtarbeydoun3065
    @mokhtarbeydoun3065 Жыл бұрын

    Thank you. Really you have give the big lesson in trade using volume profile. Thank you again.

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    Жыл бұрын

    That’s great to hear Mokhtar!

  • @mansoorshah6271
    @mansoorshah62712 ай бұрын

    Lovely and very informative video.

  • @opponentx7539
    @opponentx75398 ай бұрын

    Top school, much appreciated: thanks a lot

  • @EGTGUY
    @EGTGUY Жыл бұрын

    Excellent explanation 👌. Look forward to experimenting with this strategy 👏

  • @bangkokskater
    @bangkokskaterАй бұрын

    Good point on the LVA. However, when price decides to go "against" it, that's when real squeeze (aka real breakout) happens. IF price closes above that LVA for a long

  • @rkumar1219
    @rkumar1219 Жыл бұрын

    Thank you for sharing this video, very good one.

  • @BullBearsCo
    @BullBearsCo7 ай бұрын

    Thanks for another great free video

  • @XchangingCurrencies
    @XchangingCurrencies17 күн бұрын

    Thanks a lot!

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    17 күн бұрын

    Welcome!

  • @flippatheshippa
    @flippatheshippa Жыл бұрын

    Thanks so much I seriously have been using the volume profile so wrong the whole time! This really helps a ton. Sometimes you got to be a bit contrarian I found while using the volume profile I liked the explanation about how big players can use those aggressive sellers to load up on longs although it looks like it should sell off it does the opposite because big money took advantage. Even me I would have probably taken that short easily but now I see why I haven’t been winning on my trades. Very helpful thank you 🙏

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    Жыл бұрын

    Great to hear. Yes, most of the time it is better to go against the retail majority. Of course High volume Node edges do break especially on new driven events. But in general the risk:reward in those edges are the best.

  • @flippatheshippa

    @flippatheshippa

    Жыл бұрын

    @@PriceActionVolumeTrader Seriously this is a game changer for me so thankful for this video I got to share this with my boys 💯💯 I’m subscribing

  • @scorpionbubai
    @scorpionbubai6 ай бұрын

    Nice explanation.

  • @jmitch6896
    @jmitch6896 Жыл бұрын

    thanks

  • @EruvwuObuaya
    @EruvwuObuaya Жыл бұрын

    This is very important information and quite informative. Thank you for sharing. I have liked and subscribed.

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    Жыл бұрын

    Thanks for the sub!

  • @chachisymphony4754
    @chachisymphony4754 Жыл бұрын

    Thank you for the inspiration Sir!

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    Жыл бұрын

    Welcome!

  • @timothyaldous1200
    @timothyaldous1200 Жыл бұрын

    I've made this mistake loads of times, I'm glad you pointed this out

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    Жыл бұрын

    Yes. We all get caught doing this every now and then.

  • @renatoemke1498

    @renatoemke1498

    Жыл бұрын

    Me too …

  • @KolenKoiye-rn5ui
    @KolenKoiye-rn5ui Жыл бұрын

    Eye 👁 opener. Made lots of mistakes trading like this. Thank you for the explanation.

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    Жыл бұрын

    Glad it helped.

  • @renatoemke1498
    @renatoemke1498 Жыл бұрын

    Im from Brazil and I join here recently ,great class teacher ! Thanks a lot!

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    Жыл бұрын

    Great to see what an international audience we have here

  • @TonyStark-yv5qc

    @TonyStark-yv5qc

    5 ай бұрын

    ​@@PriceActionVolumeTraderYeah! I am from Brazil too. Your lesson is awesome! I hope you continue teaching. Please don't mind negative comments, but rather positive comments, because you help a lot of people!

  • @E-M-O-N-0_o
    @E-M-O-N-0_o7 ай бұрын

    Tnx ❤ for this sir

  • @billespinosa5088
    @billespinosa50885 ай бұрын

    "The number one mistake" Yep did that today on SP100, then I found this video at lunch. Well done Sir. Lesson learned.

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    5 ай бұрын

    Lesson learned. You’ll get it back tomorrow.

  • @billespinosa5088

    @billespinosa5088

    5 ай бұрын

    @@PriceActionVolumeTrader Yes Sir working on it.

  • @billespinosa5088

    @billespinosa5088

    5 ай бұрын

    Nas100 (not sp100), hit perfectly, made up for yesterday and then some. This fellow has great content, if your mind is open to it.

  • @jeffegg2
    @jeffegg25 ай бұрын

    Great!!!

  • @frxcbq7080
    @frxcbq7080Ай бұрын

    Respect ❤

  • @ahmadbachir1317
    @ahmadbachir1317 Жыл бұрын

    thank you

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    Жыл бұрын

    Welcome Admad

  • @jasontaylor2237
    @jasontaylor2237 Жыл бұрын

    just what i was looking for. Good video sir and new sub

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    Жыл бұрын

    Nice to have you onboard Jason!

  • @bobysize
    @bobysize Жыл бұрын

    I learned so much from you. Can you please make a video how to set up a bid and ask volume profile and regular volume profile that looks like your? like the thumbnails. Thank you very much.

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    Жыл бұрын

    That is a delta volume profile. In the settings under "display volume in bars" instead of selecting "total volume" you select "ask volume - bid volume" and you get the delta profile.

  • @epixtx0183
    @epixtx01834 ай бұрын

    Great Video, I'm new to your channel and you might have answer this already, but when scalping or day trading, do you purely use the time frame your are trading against or do you incorporate time frames around it ie: trading 5m, but you use 15min and 1 min for confirmations and entry/exit. Thanks

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    4 ай бұрын

    Yes I use multiple timeframe analysis. Usually VP levels from the hourly and then executing on 5m or tick charts for entries.

  • @RenkoFlow
    @RenkoFlow Жыл бұрын

    Damn you! Bringing this vid out when I'm at dinner. Got to watch later. Gave a like just because i know it will be good.

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    Жыл бұрын

    Lol

  • @RenkoFlow

    @RenkoFlow

    Жыл бұрын

    Seen it. Solid info. Thx

  • @favthenewkid
    @favthenewkid8 ай бұрын

    Great explanation! Is it possible to obtain your chartbook? I think you arranged it very beautifully and compact for just one screen

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    8 ай бұрын

    I share a free footprint and a market profile chartbook on my website. As for a complete chartbook including those plus my daily and session charts, custom indicators, etc I share that in my Orderflow Day Trading course.

  • @terrancemcclendon456
    @terrancemcclendon45610 ай бұрын

    Support and resistance with this strategy

  • @guatro
    @guatro4 ай бұрын

    realmente é uma colocação inteligente, hoje mesmo acabei vendendo o fundo de uma grande área e acabei tomando um calor do mercado

  • @maxkelter3561
    @maxkelter35619 ай бұрын

    Will incorporate VP indicator in trading as I see its value. Still working on method.

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    9 ай бұрын

    It is my favorite tool.

  • @lalodominguez7121
    @lalodominguez71214 ай бұрын

    So say for example price breaks above the low volume node that was once resistance, resulting in price discovery. That low volume node then becomes support correct?

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    4 ай бұрын

    You would expect support yes. It’s not guaranteed to hold, especially in price discovery as there is not a lot C of built up volumes there but yeah.

  • @KASUN_M
    @KASUN_M10 ай бұрын

    Do you have any suggestions for how many vol at price bars to use for a few time frames?

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    10 ай бұрын

    It varies by instruments. I use tick charts, not volume. But overall for ES (sp500) during regular market hours I like the 3000t chart. So 3000 vol would be somewhat similar. But this is a personal preference. All you are doing is splitting the same data in different ways (minutes, # of trades, volume of trades, ranges, etc). So you just need to set yourself in a way that you gets you the best signals for your market.

  • @championchuck777
    @championchuck777 Жыл бұрын

    From what I see, the Volume Profile still trumps over Order flow like the Delta Profile etc. Could be wrong though, but It was greatly contradicting the LVN level in extended hours session.

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    Жыл бұрын

    Yes, for me VP is king. Orderflow just helps me see some confirmation signs of absorption and high volumes kicking in certain areas.

  • @goodlife7018
    @goodlife7018 Жыл бұрын

    Great content. Since the forex market is decentralized, it is difficult to get the entire volume and hence the volume profile methods becomes useless. Are you using the futures forex volume data instead? Thank you very much.

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    Жыл бұрын

    No, I use the spot forex VPs. They are calculated with tick movement data based on price movement instead of traded volume and it is definitely useful and accurate.

  • @goodlife7018

    @goodlife7018

    Жыл бұрын

    @@PriceActionVolumeTrader Thanks. Do you need a broker to get that data feed? or a regular trading view chart would do it?

  • @RyanYoungpeters
    @RyanYoungpeters10 ай бұрын

    Hello sir may I ask how you customized your chart to get a delta volume profile the way yours is showing

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    10 ай бұрын

    I have a whole video about it here in my Sierra Guides playlist: Sierra Chart Guide - How To Make a Delta Volume Profile kzread.info/dash/bejne/ho6rj5OOYZeqqpc.html

  • @armankhan2182
    @armankhan21822 ай бұрын

    Sir like I am applying this on weekly and daily so should I take trade on weekly and daily chart ? Or can I take trade in 4 hour time frame with weekly . Daily support/resistance?

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    2 ай бұрын

    I always combine several time frames. Generally daily, hourly and then s low 5min or tick chart to execute day trades

  • @pitekxpan5845
    @pitekxpan58455 ай бұрын

    Sir! What is the winning rate use VP??

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    5 ай бұрын

    There is no answer to that. It is all completely based on the individual trader. Their patience, discipline, understanding of context, etc.

  • @mcol59251

    @mcol59251

    5 ай бұрын

    Cannot get anymore honest then this. Awesome

  • @jackcoletti
    @jackcoletti Жыл бұрын

    Anyone know how to get a flexible volume profile on TradingView?

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    Жыл бұрын

    What do you mean by flexible?

  • @jackcoletti

    @jackcoletti

    Жыл бұрын

    @@PriceActionVolumeTrader like you can drag the area you want to see price action in

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    Жыл бұрын

    That's the fixed range VP. There is a drawing tool for it in TradingView on the left side menu under the 6th icon. You do need a paid Pro account to use VP tools though.

  • @DavidJames0322
    @DavidJames032212 күн бұрын

    Good man. Lots of good info here compared to what I’ve seen.

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    12 күн бұрын

    I appreciate that!

  • @orderflowdojo
    @orderflowdojo5 ай бұрын

    🔥🔥

  • @sherkhan-ks2qj
    @sherkhan-ks2qj Жыл бұрын

    The indicators you are using is free ?!

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    Жыл бұрын

    No. Both TradingView and Sierra Chart require s membership to use the volume profile tools.

  • @sherkhan-ks2qj

    @sherkhan-ks2qj

    Жыл бұрын

    @@PriceActionVolumeTrader yes but tradingview doesn't have the order flow and delta indicators, it has only volume profile.

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    Жыл бұрын

    So you need Sierra Charts or another platform that does

  • @AliFeraoon
    @AliFeraoon3 ай бұрын

    Amazing advice I wished that i saw this video before blown up my account because of this mistake.

  • @PriceActionVolumeTrader

    @PriceActionVolumeTrader

    3 ай бұрын

    Yep. We’ve all been through it.

  • @shock80ey
    @shock80ey8 ай бұрын

    Great video, thank you.

Келесі