(binned per thread starter’s request) Action Levels

Hello Everyone,

EDIT OCTOBER 22

I will be posting action levels as I see them.

There is a method to the madness, however it only appears to make sense within the confines of my head.
I will answer questions as I have time.


RULES:

Quick Rule Set for trades.
1) DO NOT trade during "Red" Macroeconomic news
2) BE is BETTER than a loss
3) I will publish trades as they occur...good and bad
4) Use proper Money Management ....my preference is for 1/2% per trade
5) There will always be another Trade.....don't sweat the small stuff
6) MOST IMPORTANT!!! HAVE FUN

MANY GREEN PIPS!

That's an ambitious set of pairs. I applaud your effort.

Do you have an interest in working swing trades--in your spare time of course.

Yes, I would be glad to work on some swing trades......with a smaller set of market I think

I'm continuing to hold a swing short A-U from last week, a swing Dale mentioned he is in.

open 7502, SL 7532, PT 7370. 7370 might be too low because of resistance just below 7400.

It is not developing as strongly as I would like to see, so might close earlier.

Tomorrows numbers

I think we could have some decent days if we could get all of the politicians to shit the hell up for a change Here are a few swing trades I am looking at based off the daily and weekly charts. AUDUSD: I think we might be able to take a shot right around here in the .7540 area with stop just above last weeks high @ .7580 ( actually above the round number maybe .7600) and have a target on the weekly of .7200-.7250
https://www.tradingview.com/i/4DFnlfpA/

Several Volume Profile trades over the last couple of days....

EURAUD Short...

Trade Reasoning: After open, traded outside of VAH on one bar and then immediately returned to inside VA.... Very small risk for short to test VAL

Next One from Yesterday

EURNZD Short this morning

Another from last night

Last One from this morning

New Short setting up right here in EURNZD.... 15 pips risk for 40 pips profit...I will trail my stop from 1.4846 or so with a target of the VPOC @ 1.4774

We will see how it works out

2 new ones just entered.

GBPNZD and GBPCAD

Looking at couple of really dumb decisions and how they cost me money.

Loser

Winner

Another scalp for 24 pips on the EURNZD

Hi SwingTrade,

I'm just starting to learn about this interesting approach to trading, so bear with me if you think my questions are stupid:
- Trying to understand your charts, you draw a volume profile per day?
- The profile seen on the right, is that a market profile? How long does it extend...only the visible chart candles or some fixed number of days?
- You get the POC and VAL/VAH from the profile on the right or is it from the daily volume profile?
- You get the volume information from futures as Dale?
- It's my understanding that the best written book about this way of trading is James Dalton's "Markets in Profile". Is it? Can you recommend another good learning source?

Thanks in advance for your answers and your time.
Cheers,
keen246

I dont like how the editor works here.....so here is a link to the Google spreadsheet with all of the levels


https://docs.google.com/spreadsheets/d/1kX2VGiPrRn2J3NiL5mDx-17QARQn1y_62rF44uXsUeg/edit?usp=sharing