How to Use Volume Profile for Scalping and Day Trading

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  • Опубликовано: 31 май 2024
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    This video covers how I use the volume profile to help make entry and exit decisions while scalping and day trading. I Mostly trade S&P (ES) futures.
    I am not a trading expert or guru. Just a guy who loves trading and enjoys sharing with others.
    This presentation is for educational purposes only and the opinions expressed are those of the presenter only. All trades presented should be considered hypothetical and should not be expected to be replicated in a live trading account.
    Risk Disclosure: 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.

Комментарии • 268

  • @alexcordova1268
    @alexcordova1268 3 месяца назад +20

    I have been trained by traders in sp 500 volume profiles, session volume profiles., trapped traders, DOM, foot prints. Understanding ledges and nodes. Maybe about 15 sessions. Paid about 2k. This video was Fucken free and filled in a lot of information that I needed for understanding how to use volume profiles on the fly while trends are changing… amazing shit.

    • @dpmtrading5723
      @dpmtrading5723  3 месяца назад

      Glad you found it helpful !

    • @alexcordova1268
      @alexcordova1268 Месяц назад

      @@dpmtrading5723 Question, you fixed volume profile.... this is the stock one from trading view ? if so how did you get to look like that ? Looks likes its gradient

    • @dpmtrading5723
      @dpmtrading5723  Месяц назад

      Just change the row size to 1,000

    • @doctorae724
      @doctorae724 Месяц назад +1

      A lot of times, in order for me to appreciate something extremely valuable, I have to experience whatever else is available first. After yrs of watching trading tutorials, I knew there was a piece of the puzzle missing.Then, as fate would have it, I came across this one. I can't imagine a presentation better than this one. This is TRULY the Gold Standard. Automatic sub and like!

  • @mgyb8269
    @mgyb8269 11 дней назад +2

    Like many others have already said, hands down the best video on volume profile I've watched. Gold from start to finish. Thank you so much for this!

  • @thegigasurgeon
    @thegigasurgeon 4 месяца назад +5

    hands down the best video on volume profile. Please do live trades with volume profile, we all would love it and learn a ton from it.

    • @dpmtrading5723
      @dpmtrading5723  4 месяца назад +1

      I just put up this video which shows a live trade that involves volume profile.
      How to Spot Accumulation | Day Trading NQ Futures
      ruclips.net/video/tbQqoi_d8bM/видео.html

  • @thrillah
    @thrillah 3 месяца назад +5

    I feel so glad I pressed the thumbnail of this video. Very insightful. Thank you

  • @AdrianTodoran
    @AdrianTodoran Год назад +12

    this is the best explanation video for volume profile and price action + liquidity areas I have ever found. I love the way you explain. I learned a lot today. in fact I think I finally understood the connection between volume profile and price movement. thank you!

  • @Miles.W
    @Miles.W 6 месяцев назад +4

    I use the LuxAlgo swing volume profile with the LuxAlgo liquidity sentiment profile (auto-anchored)

  • @jamesmcgee1912
    @jamesmcgee1912 2 года назад +10

    Probably the best intro to Volume Profile I've ever watched. Great job!

  • @austincole7508
    @austincole7508 2 года назад +35

    Videos like this and insight from a qualified personnel really helps.

    • @finntomkins6825
      @finntomkins6825 2 года назад +2

      Can't agree more, their help goes a long way, that's why I am now being coached by one, Edwin Earl.

    • @ethangavin5348
      @ethangavin5348 2 года назад

      hello Finn, i would also like to be linked to one.

    • @finntomkins6825
      @finntomkins6825 2 года назад +1

      INVESTWITHEARL

    • @finntomkins6825
      @finntomkins6825 2 года назад

      via telegram

    • @currencynews2045
      @currencynews2045 Год назад

      How The Bible led me to Islam ruclips.net/video/aFMHH9Hp-OM/видео.html

  • @l.a1712
    @l.a1712 Год назад +1

    Great video, I just started using Volume profile, been searching RUclips for videos and came across yours. Best explanation yet, thank you.

  • @utubeskreename9516
    @utubeskreename9516 7 месяцев назад +5

    Easily one of the most truly practical trading education videos I've come across on YT. Thank you for this.

  • @MalibuJamie
    @MalibuJamie Год назад +2

    Wow. Finally someone explained what’s happening behind the scenes without jargon they picked up from someone else. SO helpful! 👍🏻

  • @coop8845
    @coop8845 2 года назад +19

    Do more of these. I think it would be interesting to watch this live as well -- or prerecorded but live, hearing your thoughts as you scalp.

  • @stevencq57
    @stevencq57 Год назад +2

    Didn't want the video to end. What an amazing teaching!!

  • @skybox-fs6dv
    @skybox-fs6dv 5 месяцев назад +1

    I watched this video for the second time and picked up a few more nuggets. Once again, I love the pre-breakdown with you drawing the highs and retracements and then how it relates to the volume nodes on the profile and explaining where liquidity is at and the testing and break thru of the high volume areas. I will take this understanding and use it. Then come back and watch it again.

  • @vikrant260
    @vikrant260 9 месяцев назад

    bro you gave me pure gold...this type of knowledge is so rare...hatts off

  • @adolfojmezan
    @adolfojmezan 2 года назад +1

    Magnificent explanation of VP scalping we hope to see more and more of these videos

  • @Gadasaa
    @Gadasaa 4 месяца назад +2

    Wow, the best explanation of volume profile and the reason behind the price action on youtube!

  • @okuma7713
    @okuma7713 5 месяцев назад +2

    Hi , just found your channel and i'm blown away on the information you provide and the way you explain things in detail. I'm so thankful , i feel ,like i'm starting to understand things, its like a 360 turning point in my brain. Thank you !!!

  • @thadeusphillips3059
    @thadeusphillips3059 2 года назад +6

    I have watched literally 1,000's of videos on price action and volume profile and this is by far the very best video I have ever seen. I noticed you have not done a video in a whilke. Also , I just joinied you discord from your website. Looking forward to more videos. Thank you for this video. Just AWESOME!!!!!!!!!!!!!!!

  • @OmarJano
    @OmarJano 5 месяцев назад +1

    One of the best videos on volume profile! Huge thanks!

  • @outerbanksdon
    @outerbanksdon 9 месяцев назад +9

    As a long time trader let me say that you have communicated the concept exceptionally well. I echo the words of another commenter that you have a gift for teaching. Keep up the great work! I hope your channel thrives as it should.

    • @dpmtrading5723
      @dpmtrading5723  9 месяцев назад +1

      Thanks Don, I really appreciate the kind words!

  • @mortgagebros
    @mortgagebros Год назад +2

    Thanks for making this video. I learned so much about volume profile and how to confirm reversals. Thank you so much for your efforts. I really appreciate it. Looking forward to watching your other videos.

  • @sisqo786
    @sisqo786 Год назад +3

    Excellent video loved the way u simplified it visually ,just started using volume profile 2 days ago & this video has just given me an edge by the way I'm a scalper so this is useful

  • @zeth9965
    @zeth9965 8 месяцев назад

    I spent a few hours looking through volume profile videos and this is def the most informative. Thx!

  • @AKVT-uz2gj
    @AKVT-uz2gj Год назад +3

    That was awesome
    So simple and easy to understand
    I finally understand how to read VP
    Thank you

  • @arnaud3909
    @arnaud3909 11 месяцев назад

    This videos is pure diamond. Thanks very much to share your knowledge. Just watch the video 3 times, taking notes like a real lessons :) You're a boss!

  • @thementalityman6993
    @thementalityman6993 Год назад +4

    Wow thanks a lot for this video! I've been using the volume profile a lot lately but your knowledge on it changed my way of looking at it completely :D I pretty much just used the point of control before, but like I see now it is an insane tool when trading faster markets like the Nasdaq or the S&P as well, or even when Swing Trading in a Trending market ^^

  • @Thomas-fc6gf
    @Thomas-fc6gf 10 месяцев назад

    You are an amazing teacher. Truly gifted in the art of making complex topics simple. I dropped a sub and even downloaded this video on the off chance that it is ever removed from youtube. Thank you.

  • @RHCPfreak661
    @RHCPfreak661 2 года назад

    Thank you, i found this video super helpful.

  • @purnimatronson6519
    @purnimatronson6519 Год назад

    Great video! Thank you so much, this helped me gain so much insight on volume profile and your process for scalping!

  • @bankstonmills
    @bankstonmills 9 месяцев назад +1

    Man I’ve been watching video after video on volume profile and depth of market and watching your video just gave me my ah ha moment! Price action is vertical , well done man thank you

  • @allthingsnu4673
    @allthingsnu4673 7 месяцев назад

    I'm glad I found this video. Thanks so much for the detailed explanations.

  • @elwoodpalmer7622
    @elwoodpalmer7622 Год назад

    One of the best video I have seen regarding this crucial topic , I never really understood how I could use volume profile especially ofr intra-day/saclping abd you made it extremely clear , very well done and thank you

  • @etebomdaniel3161
    @etebomdaniel3161 5 месяцев назад

    I have paid money to learn this and couldn't make anything of it,but you have explained it way better and given me clarity on how to finally use the volume profile. Thank you!

  • @GustavoTokoroRiether
    @GustavoTokoroRiether 2 года назад

    Awesome explanation of the VP and how market moves

  • @czintrpt5585
    @czintrpt5585 Год назад

    this is one of the greatest video on volume profile I have seen. and I have seen almost hundred by now. wish you would do a live trading one, where you include your other tools from ninja traders, like order flow, etc

  • @SolimanThe2nd
    @SolimanThe2nd Год назад

    Thanks a lot for the insightful video - it was really amazing.

  • @lakshithadissanayake3539
    @lakshithadissanayake3539 Год назад

    Great video. Thanks for the great stuff. 👊

  • @jamesboyce2224
    @jamesboyce2224 Год назад +1

    Excellent video! Very helpful! Thank you

  • @TheFuzzypuddle
    @TheFuzzypuddle Месяц назад

    this is the best volume profile video i've seen. the explanation of liquidity pools in relation to volume accumulation at the beginning of the video is the rug that really tied the room together.
    I have been using session VPs for a while, but what you showed using fixed VPs to segregate specific bull and bear trends makes so much more sense. The session VPs become cluttered by short term trend changes throughout the day, and as you explained, what is actually valuable is the the current trend a trend change. By combining this with the accumulation areas of higher timeframes the VPs paint a pretty clear picture to work from.

  • @martinandellie
    @martinandellie 7 месяцев назад

    This was without doubt the best explanation of volume profile trading anywhere, many thanks

  • @tigrami
    @tigrami Год назад +3

    I have been trading for 3 years and never quite understood how to trade price action… it was all very vague to me, but this video make it so much clear and there are a bunch of light bulbs lighting up for me. A big and very sincere thank you to you!!!

  • @cipmike1964
    @cipmike1964 3 месяца назад

    I finally understand volume. Great job explaining.

  • @paulf.8148
    @paulf.8148 5 месяцев назад +1

    Thanks for the great video! It opened my eyes to many important details! 😊

  • @dedumbre
    @dedumbre Год назад

    Thank for teaching how to use Volume Profile on Intraday. This is really helpful insite.

  • @marcocrispino5641
    @marcocrispino5641 Год назад +1

    great content! That is really helping me through the first steps with volume profile and scalping

  • @Liam-hc6pw
    @Liam-hc6pw 2 года назад

    Top notch video thanks for the explanation.

  • @tompearce9524
    @tompearce9524 Год назад +3

    Thanks

  • @supacarluva
    @supacarluva 2 года назад

    Great example thank you

  • @Thegamer-jc7ol
    @Thegamer-jc7ol Год назад

    Excellent work!

  • @thebigshorttrader
    @thebigshorttrader 7 месяцев назад

    thank you for this video, it was really helpful

  • @jaypiniella2442
    @jaypiniella2442 2 месяца назад

    Wow, ran across your channel about a week ago, looking for info on cumulative delta, and vol profile. This was excellent, helped me in so many ways....it is about 2 years old, so hoping you have some new stuff on trading like this, because this is what I want to do. Been scalping the NQ this year with some success but need to know more. Thank you again!!!

    • @dpmtrading5723
      @dpmtrading5723  Месяц назад

      Glad you found the video helpful. I don’t have much time for making videos but I trade live in my discord group almost every day and spend a lot of time teaching and answering questions there :-)

  • @austinbell2026
    @austinbell2026 3 месяца назад

    thank you for sharing. this is awesome stuff.

  • @garyverster5280
    @garyverster5280 5 месяцев назад +1

    VERY nice explanation - Thank you

  • @youngandsuccessful22
    @youngandsuccessful22 Год назад +2

    Just the video I need thank you 💯💯💯💯💯💯💯💯

  • @shertalkss
    @shertalkss 2 месяца назад +1

    Hands down the best VP video!

  • @kulotology
    @kulotology Год назад

    Great video tutorial. Very informative and explanation was very clear with the examples of the replay trade.

  • @bobbyd3701
    @bobbyd3701 7 месяцев назад

    Great video. Learned a lot 🎉

  • @cryptogcrypto
    @cryptogcrypto 11 месяцев назад

    Very useful video. Well-explained. Thanks

  • @deveshkumarsingh1900
    @deveshkumarsingh1900 Год назад

    Valuable lessons taught in a simplified way...

  • @rajeshpawar8149
    @rajeshpawar8149 10 месяцев назад +1

    Great guy you are!!
    Thanks.
    🙏🙏🙏

  • @user-ot1xf2pq9s
    @user-ot1xf2pq9s 6 месяцев назад

    awesome video. this helps a lot. thanks

  • @fqeq9396
    @fqeq9396 2 года назад

    Very helpful video, thanks for taking the time! Also what setting would you recommend for the VP?

  • @SantaridesaKTM
    @SantaridesaKTM 5 месяцев назад +1

    What an Excellent Video.

  • @brianparkman8183
    @brianparkman8183 2 года назад

    Just ran across this. Great video.

  • @mickeyflanagan4019
    @mickeyflanagan4019 Год назад

    Great Video. Thanks.

  • @masf75
    @masf75 2 года назад

    Thanks foto you vídeo, it's great!!!

  • @raguashokan
    @raguashokan Год назад

    I'm from INDIA.......
    You are the greate TEACHER.......
    This was really amazing ...... To fallow the big money

  • @raoulrachle2705
    @raoulrachle2705 10 месяцев назад

    best video i´ve ever seen at volume profile ;)

  • @hhjihhj4649
    @hhjihhj4649 2 года назад

    Sweet you’re the best🙏❤️

  • @Zeroforex
    @Zeroforex 7 месяцев назад +1

    Really appreciate shearing this knowledge with us. Keep it up.🔥🔥🔥 love from 🇱🇰

  • @user-qf7br5di4w
    @user-qf7br5di4w 5 месяцев назад +1

    This was really mind blowing.... This teaching is priceless and full of easily understandable price action behavior vis a vis Volume Profile. This video has yielded another dimension of looking into the market structure and subsequent price behavior.
    Awesome 🎉, awesome and completely sweeping.
    God bless you sir....!

  • @davidclabon1138
    @davidclabon1138 9 месяцев назад +1

    Very interesting and clear video to follow, thank you, opened my eyes. New subscriber! :)

  • @tompearce9524
    @tompearce9524 Год назад

    Your great! Thank you xx

  • @Indigenousim
    @Indigenousim 10 месяцев назад

    This is useful, thank you

  • @arinnfc
    @arinnfc 4 месяца назад +1

    on youtube NFC there is a discussion about scalping, and indeed the advantages of this trading style are very profitable.

  • @InvestAndTravelDubai
    @InvestAndTravelDubai 5 месяцев назад +1

    Removing ny cap for you isnt enough.... Iam jumping off the bridge for you. You completely change my thinking.. Now i realise that holding trade for hours is just pure gambling. Thanks brother.

  • @payafarhadbahman976
    @payafarhadbahman976 Год назад +1

    Precious!

  • @dondwiiplanets245
    @dondwiiplanets245 Год назад +1

    I love it. thanks

  • @alexandreturcotte950
    @alexandreturcotte950 2 года назад +1

    Great info! I just became aware of the volume profile. I tried a 30day back test on the 15min chart last night. Waiting for price to retest largest node for entry. Basing my bias on simply zooming out on my 15min chart lol while using price action. I managed to get a win ration of 52% with an average of 2.34RR. I was seriously impressed considering the lack of technical analysis I put into it.

  • @traderzzz123
    @traderzzz123 2 года назад

    great explanation!

  • @wakalmercedesreyes1865
    @wakalmercedesreyes1865 6 месяцев назад +1

    great information thasnk

  • @bittu5289
    @bittu5289 10 месяцев назад

    You are the best sir

  • @driks8681
    @driks8681 5 месяцев назад +1

    Great video! I wish I had this a year ago lol! Thanks

  • @viaanfc
    @viaanfc 8 месяцев назад +1

    thanks, especially since I am a beginner who is deepening my knowledge through participation in the NFC community.

  • @Rahuulmatlani24
    @Rahuulmatlani24 Год назад

    thankyou so much!

  • @Felipe-rl8tz
    @Felipe-rl8tz Год назад

    This is gold

  • @juaneknath14
    @juaneknath14 8 месяцев назад +1

    thankyou for sharing i'm a beginner who joined the nfc community

    • @dpmtrading5723
      @dpmtrading5723  8 месяцев назад

      I’m glad you found this to be useful!

  • @digger5521
    @digger5521 4 месяца назад +1

    Great Video, love the use of blue grey, psychologicaly good karma candles :)
    p.s, do you always use 70 and not the 40% fair value area ??

    • @dpmtrading5723
      @dpmtrading5723  4 месяца назад

      I honestly don’t pay much attention to the value area unless I am looking at the session profile.

  • @Marcfasel
    @Marcfasel Год назад +2

    Which volume profile are you using exactly on trading view?

  • @rodrigostone6955
    @rodrigostone6955 Год назад +2

    Great video, can you share the configuration of your VP please?

  • @alienxna6511
    @alienxna6511 9 месяцев назад +1

    The most practical application and explanation of FVPR I've come across. Am implementing this indicator into my DAX day-trading strategy which is based on SMC, The reversal at the end was a text-book 'Judas Swing' long and the way you identified the volume nodes was great as it approximated to the FVG and then into additional liquidity before the re-test of the FVG and then the push up long. Will definitely be watching more of your videos! Thank you.

  • @feyungco
    @feyungco 27 дней назад

    Thanks . Great VP video

    • @dpmtrading5723
      @dpmtrading5723  27 дней назад

      Glad you enjoyed it. Thanks for the support!

  • @madelinemorfin9702
    @madelinemorfin9702 Год назад +1

    Great video , thank you!. can you do a video on what your setting are for Volume profile. Thank you

    • @dpmtrading5723
      @dpmtrading5723  Год назад

      Here you go: Volume Profile and Delta Profile NT8 Settings
      ruclips.net/video/6iuxp51NjBI/видео.html

  • @omarmagdy4179
    @omarmagdy4179 2 года назад

    great video man $$

  • @meekscap
    @meekscap 7 месяцев назад +1

    Great video! What are your settings for your fixed range VP?

    • @dpmtrading5723
      @dpmtrading5723  7 месяцев назад +1

      Just change the row size to 1000

  • @willywhite9633
    @willywhite9633 Месяц назад

    This is what Ive been looking for

  • @ukaszbogusaw6496
    @ukaszbogusaw6496 5 месяцев назад

    Thanks for the video. What VP indicator are you using? What are the odds that the volume data is valid since there's no real data feed on Trading View?

    • @dpmtrading5723
      @dpmtrading5723  5 месяцев назад

      In the video this is just the built-in fixed range volume profile. If you change the row size to 1000 it will look the same as mine. I’m not sure what you mean by TradingView not having real data? They do not have depth of market, or Delta, but their top of the book data is pretty much the same as everywhere else. For my actual trading I use NinjaTrader and The volume is pretty much the same, with the only main difference that Ninja Trader is slightly more precise, but that should not affect most peoples trading.

  • @P-me3nk
    @P-me3nk 6 месяцев назад +1

    Great Video! Very clear and precise! Good job - please can you share which volume profile indicator you are using on trading view? Thanks

    • @dpmtrading5723
      @dpmtrading5723  6 месяцев назад

      Just the built-in fixed range volume profile

  • @rigelway4305
    @rigelway4305 2 года назад

    Really good info!! Quick question, anyone - What do you mean by delta diversion?

    • @thementalityman6993
      @thementalityman6993 Год назад +1

      Cumulative Delta is an indicator based on market orders. So a delta diversion means that the market is going down and more buyers are entering with market orders or that the market is going up and more sellers are going in with market orders