EMini Volume Profile Daytrading

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August 14: Intraday 15 Minute Chart Revealing Delta Divergence and Volume Breakdown Setups

Posted by Editor on August 16, 2009

In this post we are going to begin some in depth consideration of our strategies for identification of precise entry triggers, at optimal trade entry locations. We are focusing here on the ideal low risk, high reward, high probability setups. We are going to see the objective entry pattern setup which consistently occurs on divergence of the Delta Breakdown indicator available on Investor RT software. We have seen examples in the previous videos. But the videos are compressed for Youtube formatting, not providing the ideal visibility. Hence, we will look to the attached charts for an up close view.

As you study the charts, it will be good to remember the context from the progression of videos so far. We always look for price levels where previous volume has establishes support or resistance. We look for value which has been established during the current day of trading. WE observe the behavior of participants at the critical levels, as it is revealed by volume increasing or decreasing, reflecting shifting in demand and supply balance. As we examine more of the action reviewed in these videos and upcoming charts, you should begin to learn to recognize some very clear cut patterns which identify these objectively defined high probability, favorable risk/reward opportunities. There is a lot of detail revealing the variables at each stage of development of volume at price relationships throughout the day. So this chart alone should require a long and careful review. It would be good to study each point of the chart with your trading software open at the same points of the day, comparing variables with you cursor on your own chart. A thorough understanding of this single example could be the core for a consistent profitable trade plan> So do not take this material lightly—it is a potential gold mine.

 

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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2 Responses to “August 14: Intraday 15 Minute Chart Revealing Delta Divergence and Volume Breakdown Setups”

  1. Alex K said

    Hi,
    interesting blog.Thank you for sharing your knowledge.
    Alex K.

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