EMini Volume Profile Daytrading

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Eminiprofiledaytrading Aug 10-12 Emini Intraday Closeup

Posted by Editor on August 15, 2009

In this video, we follow up from our previous video, which examined larger intraday time segments, for the week ending Friday August 7. Now we will zoom in a bit, to learn how to take advantage of the understanding we gain from study of the “big picture” price action represented by the daily, or 135 minute, or 180 minute, or 60 minute charts. Once we recognize key levels, and the opening price action in relation to the previous day’s areas of value, we must then apply this information to evaluate trade direction, the response to key levels of support and resistance, strength or weakness of  buyers and sellers, and many more variables. The bottom line is to make clear cut decisions, to take action at some appropriate trade location, with confidence that our action is an intelligent response to the pattern behaviors we have identified.

In the following video we will look at the 15 minute time frame, with identification of delta reversal at turning points which occur at known levels of support and resistance. This indicator is extremely effective for revealing trades which quickly build momentum, as they occur when there is a sudden increase in volume entering into the market, in the direction counter to the previous exhausted move. Delta reversal trades are high probability setups, which also offer clearly defined risk and good risk reward ratio, even when entered off a 15 minute bar setup. (Once again, remember it is essential that you have viewed the earlier videos in sequence. The information on Delta Reversals presented in this video, is offered with the assumption that viewers have already become familiar with the terms and concepts introduced in the earlier videos.)    We will continue the same line of investigation in our nest video, which will present trade from August 12 and 13.


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.


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