Thank you Dale for nice and brief explanation about understanding the chart. I have followed you since the past 5 years i think.... Excellent as always..... Like very much
🙏🙏 (India) Once again short and informative video, Without using Any Indicator we can analyze chart in said 3 patterns. Though people knows it all but these videos keeps refreshing such things in our mind. 🙏🙏
Thank you for this video! I used to be "Chart Blind", but after watching this video I can see the patterns, understand what they mean and make more appropriate trading decisions.
this is really amazing ...wonderful 🏆 another thing needs to be analysed further the consolidation zone in terms of who is in control? buyers or sellers to predict the following trend/rejection 🤔
Thank you for your effort and especially your free ebooks, I am very grateful for them, they are great, follow you and look forward to your videos and the content.
As simple as this looks, this is what underlies every chart reading… indicators must be interpreted in light of the above. For example, MOST oscillators are useless in a trend because they will be at either extreme depending on the direction of the trend. Something else that needs to be kept in mind is that oscillators are timing indicators - some newbie traders tend to use them as indicators of trend changes
Happen to hit this channel today, it sounds like a kiss principle, keep it simple and small. Let me read your book as i just downloaded. Let me see how much i can learn from it.
dale thanks you just dont know how much you changed my life im waiting to get my third and biggest payout 18k accross 10 50k acc and its my dads yearly salary just learning from you and im from iraq and 20years old and if i get the payout i will certinly buy the course for me and my one friend thanks alot hope to see you 1on 1 and thank you personally thanks bro
Yes you're right it's easier to see in retrospect... However, it's better to look into the past to understand. I do my current market previews... and level announcements ahead on Monday mornings... where I show what levels I will be trading in the week. There you can check how much my levels are worth... Happy trading Dale
Very good morning and may you always be blessed for such a nice work, such a beautiful presentation, simple explanation of the complex things. Will love to lean from you. Thanks a lot for your this service for the lerners.
Interesting concept..... If this has been created: would the creator share it with the world? (AFTER ALL the creator has invested all his time and energy into creating this tool).
Thank you for the message... Yes I have spent a chunk of my life to fine tune my view of the markets... and I can say that tools like Volume Profile and VWAP speed up my work...
I like when all those kids traders try to teach you how the market wheels are working when they don't have $100 in their pocket. So, you tell the zone exactly on the spikes where to enter in a trade which is almost impossible for humans to do that. The newbies traders need some confirms zones before to go in the market so in this way your Entry "strategy" is going wrong but the way how you divide the market in 3 big sections I like it. good job for intermediary traders but not for newbies.
Thank you I appreciate your words and you are right that beginners sometimes struggle with my setups.. it takes experiencing it in real time to gain confidence.
@@TraderDale1 I think that you are exactly correct Dale! It's the hundreds, if not thousands, of hours spent in front of live trading screens, trading real money, where you learn true experience, pattern recognition etc.....
I have described the placement of stop loss and target in my book Volume profile, which can be downloaded for free here : www.trader-dale.com/volume-profile-book/
Yes in the video I showed the formations on a chart that has already been created... If you want to see my weekly previews, I always release a video on the markets on Monday morning where I plot these levels on a chart and you can test their functionality over time. 🙏
This is where the thousands of hours spent in front of live charts, trading real money, gives you: experience, pattern recognition, learning to master your emotions......
How are you trading the first 3 points in a rotation without hindsight? Until 3 points to form a range, it looks like a normal pullback in a trend. There is no way you are trading the first peak.
In my book, I have a sample of my trades at the end of the book where multiple examples show how I trade pullbacks. If you would like to take a look I am attaching a free download link : www.trader-dale.com/volume-profile-book/
I recommend you to download my book Volume profile, where I have a lot of sample trades at the end of the book, which could help you in your decision making ... Free download link here : www.trader-dale.com/volume-profile-book/
I post my levels for Weekly Ideas every week on Monday and show the rotation ahead before the level is tested. Take a look and I believe you will learn to recognize it well. Happy trading
Look for the market entering a 'range bound' stage. That denotes selling liquidity, that is not overcome by buyers, at the upper price level. Buying liquidity, that is not overcome by sellers, at the lower price level. You can see for yourself when the market clearly breaks out of such a range. (YES! It is far clearer with hindsight! Everything is! However, you will get the hang of it with practice & experience (sometimes hundreds and/or thousands of hours in front of live charts/prices!)). Also, look for when liquidity is 'lifted' / 'removed'. That shows that the 'perception' of the market has changed in the 'view' of the liquidity provider(s).
I called it rotation because the price is in a small range. If you would like to learn more about rotation I recommend you download my free book here : www.trader-dale.com/volume-profile-book/
If you have paid for the indicator and you can't download it, I recommend you write to my technical support, which you can find on the trader's website : www.trader-dale.com
Buyers pushing the price up, it mean, sellers are not there, in otherwords, no transaction as no sellers, vice versa, when sellers pushing the price down.
What you are saying plays a part in keeping a move going. But aggressive selling always initiates the move…plus, those same aggressive sellers continue selling on the way down.
@@SteveWeber-gx7tx Why do sellers continue to sell at lower prices? When they have filled their order they dont sell any more. Instead passive and huge sellers fill their ordes with limit orders and for that they need willing buyers.
Sellers step in to 'sell to open' when they see that buyers have 'run out of steam' moving a price higher. To the mind of a seller, at that point in time, the price looks 'artificially high', and an ideal opportunity to sell into the liquidity of the final liquidity of the buyers. If the seller's hypothesis is correct, the the price will fall very soon after. The following fall offers further opportunity for the seller to sell into the remaining liquidity of the buyers. At this point, other liquidity providers will start pulling off their 'buying liquidity', and re-quote it at a lower price. This accelerates the decline in price still further. Additional sellers are attracted in to 'Sell To Open', as they see this decline in price and removal of liquidity. At some point the market starts to balance itself as: Short sellers 'buy' to close their short position and crystalize their profit. Buyers consider that the price is 'over-sold' by the short sellers, and consider it attractive to buy.... Most of my positions are 'Sell To Open', so, as a 'Short Seller' I am always looking for opportunities to sell into Buyers running the price up. Especially prevalent as a 'bounce' during a declining market. Just my thoughts.... It's not an 'exact science'.....
The problem is that nobody really knows if a certain area is a rotation or if its a rejection or if its a trend!!! These things are apparent only AFTER the fact... Therefore its next to impossible to say that you should sell the top areas of rotation or buy lower areas of rotation because you don't know until after the chart is formed but then its too late. That why this is NOT a dependable way to do things.... ;). Trust me.
Yes, that's why I give my members a preview of the markets every day in the group, so they can see how I create levels for the market... To show them how I discover them.
Yes I have a couple of videos of me trading in real time on my UA-cam channel... Or you can watch them here : www.trader-dale.com/funded-trader-academy/
8 sec trick requires 14 mins ... !? Pattern & trend identification of up/down/stagnate Longer time frame low loss Shorter frame volatile price Can be used for on all charts - we cannot foresee future - good for what has happened The side zone crosses you can go that way 😅 No chnace it will be 50% opportunity
Thanks for pointing that out! I know the “8-second trick” title can sound quick and easy, but understanding and applying patterns and trends effectively does take a bit more time to explain thoroughly. The goal is to provide a solid foundation for recognizing patterns and managing volatility across different time frames, which isn't always a simple, one-size-fits-all solution. It’s true that no method guarantees a 50% win rate, but with careful risk management and experience, these techniques can help improve decision-making. Thanks for watching and sharing your thoughts!
You forgot the wedge. And I know you are a VP guy, but most of the time for me, it is not that helpful. The POC is mostly at the biggest rotations. And the limits of the high and low are usually at PH and PL. with other levels being Support and Resistance. I find the anchored VWAP better.
Thank you for your comment, however the video served to explain the various concepts. If you would like to see how I create levels in the current markets. I recommend watching my Weekly ideas on youtube every Monday.
Thanks for watching and for the feedback! Right at the start of the video, I mention that the strategy I go over is designed to help you decode any chart in seconds. The steps I shared aren’t a ‘magic trick’ but are meant to show a repeatable process to quickly analyze charts with confidence. No course needed for the steps in this video, but if you're looking for further training, our in-depth course is always an option! Let me know if there’s anything specific you’d like me to cover in future videos.
I have been trading for years and have no affiliation with Trader Dale. He literally spent the whole video teaching you how to read a chart in seconds. He outlined the three different types of patterns that can show up. I seriously recommend watching the video another five times and then practicing finding these patterns on a chart. After that, you need a strategy that works with each of the three types of chart patterns.
This video is outstanding. No one teaches unselfishly like this.
Thank you for your words and I will try to continue to do so.
Yes! Most people love to make things complicated, but keeping things simple actually works way better.
Absolutely!
Thank you Dale for nice and brief explanation about understanding the chart. I have followed you since the past 5 years i think.... Excellent as always..... Like very much
Excellent!
SERIOUSLY underrated channel. Great info as always! Thank you
thank you for your support 🙏
🙏🙏 (India) Once again short and informative video, Without using Any Indicator we can analyze chart in said 3 patterns. Though people knows it all but these videos keeps refreshing such things in our mind. 🙏🙏
Thank you!!
ive been trading for two years and now profitable, this description is gold !!!
Thank you for your words
@@andymcintosh5324 agree, very easy and all you need to know.
IT'S EASY TO READ OLD CHARTS BUT DIFFICULT TO PREDICT WHEN IT'S HAPPENNING!!
Thank you for this video! I used to be "Chart Blind", but after watching this video I can see the patterns, understand what they mean and make more appropriate trading decisions.
I'm happy for you.
I’m new to the channel, and already appreciate it! ..I also just bought 3 of your paperbacks for add to my library. Thanks!
Awesome! Thank you!
this is really amazing ...wonderful 🏆 another thing needs to be analysed further the consolidation zone in terms of who is in control? buyers or sellers to predict the following trend/rejection 🤔
Yes you are right, that would be something to explore further..
Go up one timeframe to see it more clearly
Just got all three of your books and so excited to study them. Thanks
Awesome! Thank you!
@@TraderDale1is studying those book enough or your course is much more detailed?
Thank you for your effort and especially your free ebooks, I am very grateful for them, they are great, follow you and look forward to your videos and the content.
Glad you like them!
As simple as this looks, this is what underlies every chart reading… indicators must be interpreted in light of the above.
For example, MOST oscillators are useless in a trend because they will be at either extreme depending on the direction of the trend.
Something else that needs to be kept in mind is that oscillators are timing indicators - some newbie traders tend to use them as indicators of trend changes
Yes, I agree with you. That's why I try to make videos here to make the whole situation easier to explain.
Thank you for this. I am so glad to have come across your channel and have learned so much in this video.
Glad it was helpful!
Nice video. I'm beginner and learning, and this helps me a lot. I just have a question now : knowing these rotations, how to trade them ? Thanks
I have described this in more detail in my book Volume profile, which can be downloaded here for free: www.trader-dale.com/volume-profile-book/
What an excellent teacher 😁👏 Thanks for breaking it down
Glad you enjoyed it!
to the point - well done Dale
Thank you
GOOD WORK SALUTE TO YOU sir.
Thank you
extremely helpful video. this puts a lot together into the structured education youll need
Thank you. I appreciate it.
Happen to hit this channel today, it sounds like a kiss principle, keep it simple and small. Let me read your book as i just downloaded. Let me see how much i can learn from it.
Welcome aboard!
Great simple explanation- thank you
You are welcome!
That's it❤ Operators are cheeting us and technical educatar also cheeting us you excited me thank you
Thank you
Very good point. Excellent 👌👌👌
🤝
You gave me really good point of view. Thanks!
You welcome
dale thanks you just dont know how much you changed my life im waiting to get my third and biggest payout 18k accross 10 50k acc and its my dads yearly salary just learning from you and im from iraq and 20years old and if i get the payout i will certinly buy the course for me and my one friend thanks alot hope to see you 1on 1 and thank you personally thanks bro
Thank you. I appreciate it.
Thankyou u give me useful information ❤❤❤❤
My pleasure 😊
Trading is fascinating, even my postman pulls up a chart and explains what happened in the past!. BTW thats why he is still a postman.
Yes you're right it's easier to see in retrospect... However, it's better to look into the past to understand. I do my current market previews... and level announcements ahead on Monday mornings... where I show what levels I will be trading in the week. There you can check how much my levels are worth... Happy trading Dale
I liked this. Thank you
Thank you too!
Thank you 🔥🔥🔥🔥🔥
You welcome
Thank you Dale.Clever approach
Glad you enjoyed it
thanks for sharing this tricks, ignore your bashers, if you have a bashers it means your a true youtuber 😁
That's why I appreciate your praise... and that's exactly what I try to do for people like you... Happy trading
Very good morning and may you always be blessed for such a nice work, such a beautiful presentation, simple explanation of the complex things. Will love to lean from you. Thanks a lot for your this service for the lerners.
If you want to continue your studies I recommend you read this book for free : www.trader-dale.com/volume-profile-book/
I have seen excellent video after long time.thanks
Thank you
Dale, thank You so much. Have a nice trading day.
You too!
Thanks great explanation.
Glad it was helpful!
Very nice summary.
Glad you liked it!
Thank you, awesome content!
Glad you liked it!
Nice one... Thanks Dale!
My pleasure!
Superb video!!👍👍
Thank you very much!
Rotation, Trend, & Rejection
Yes those three simple words define the market beautifully. 🙏
@@TraderDale1 Others call it consolidation, breakout and retest, or squeeze, trigger and reversal. The terms don't matter. It's all pong.
Someone needs to come up with an indicator when the big money traders are just about to screw the retail traders.
Interesting concept.....
If this has been created: would the creator share it with the world? (AFTER ALL the creator has invested all his time and energy into creating this tool).
Thank you for the message... Yes I have spent a chunk of my life to fine tune my view of the markets... and I can say that tools like Volume Profile and VWAP speed up my work...
Nice to see Aquinas. 😀
🙏
What time frames you working off - thanks for the information
I use the most M30 and daily chart
Really insightful 👍☘️
Thank you
I love this quick summary on eye training pattern recognition that takes a lot of time to understand and recognize in real time. ❤❤❤❤❤❤
Glad you enjoyed it!
Good content, Dale. Thanks. Subscribed.
Thank you. I appreciate it.
thanks for the info!
Our pleasure!
Thank you dale for a nice insight
You welcome
Thank you 🙏 . That's well beautifully presented.
I like when all those kids traders try to teach you how the market wheels are working when they don't have $100 in their pocket. So, you tell the zone exactly on the spikes where to enter in a trade which is almost impossible for humans to do that. The newbies traders need some confirms zones before to go in the market so in this way your Entry "strategy" is going wrong but the way how you divide the market in 3 big sections I like it. good job for intermediary traders but not for newbies.
Thank you I appreciate your words and you are right that beginners sometimes struggle with my setups.. it takes experiencing it in real time to gain confidence.
@@TraderDale1 I think that you are exactly correct Dale! It's the hundreds, if not thousands, of hours spent in front of live trading screens, trading real money, where you learn true experience, pattern recognition etc.....
Thank You
You're welcome
Hi Dale, how to decide target or exit ?
I have described the placement of stop loss and target in my book Volume profile, which can be downloaded for free here : www.trader-dale.com/volume-profile-book/
this is a very good video learning
Thank you
Excellent video
Thank you
Thank you.
You welcome 🙏
super video. thanks
Welcome 👍
Good work but this looks good only after market charts.
Of course. That’s the whole point.
Yes in the video I showed the formations on a chart that has already been created... If you want to see my weekly previews, I always release a video on the markets on Monday morning where I plot these levels on a chart and you can test their functionality over time. 🙏
Outstanding. Ty.
Thank you. I appreciate it.
Great job
Thank you. I appreciate it.
Post mortem is easy live is emotional 😢
This is where the thousands of hours spent in front of live charts, trading real money, gives you: experience, pattern recognition, learning to master your emotions......
Yes you're right, I couldn't have answered better myself...
Thanks dude ..
You welcome
Awesome content
Thank you
I love indicators😂👍
Yes they help some people... That's why I use them too... But everyone should know the basic orientation without them..
@TraderDale1 oh of course learning the basics is the first step 👍
How do you know that it is still in a rotation?
Using the volume profile, with a little effort you can see if it is a rotation...
How are you trading the first 3 points in a rotation without hindsight? Until 3 points to form a range, it looks like a normal pullback in a trend. There is no way you are trading the first peak.
Watch the video again... It explains what I meant...
Hi Dale have u got any tricks to figure out when pullback is finished
In my book, I have a sample of my trades at the end of the book where multiple examples show how I trade pullbacks. If you would like to take a look I am attaching a free download link : www.trader-dale.com/volume-profile-book/
he knows the tricks how to make useless videos. newbies think it's something extraordinary. it's just a useless nonsense
fibonacci
@andymcintosh5324 what levels ?
Cool video. Whats that mobile VP window?
I use Ninjatrader 8 with my Volume Profile indicator.. Here is more information : www.trader-dale.com/volume-profile-forex-trading-course/
Very nice bro...
Thank you so much 😀
in theory it look possible but in actual market i can't decide when the candle will move in any other direction, it looks like i am always guessing
I recommend you to download my book Volume profile, where I have a lot of sample trades at the end of the book, which could help you in your decision making ... Free download link here : www.trader-dale.com/volume-profile-book/
I got a lot from this
Thank you
How does the "big money" or any trader know the market is in a rotation given that all these paterns are only visible on hindsight ?
I post my levels for Weekly Ideas every week on Monday and show the rotation ahead before the level is tested. Take a look and I believe you will learn to recognize it well. Happy trading
Look for the market entering a 'range bound' stage.
That denotes selling liquidity, that is not overcome by buyers, at the upper price level.
Buying liquidity, that is not overcome by sellers, at the lower price level.
You can see for yourself when the market clearly breaks out of such a range.
(YES! It is far clearer with hindsight! Everything is! However, you will get the hang of it with practice & experience (sometimes hundreds and/or thousands of hours in front of live charts/prices!)).
Also, look for when liquidity is 'lifted' / 'removed'.
That shows that the 'perception' of the market has changed in the 'view' of the liquidity provider(s).
excellent
Many many thanks
"Rotation" is normally referred to as Consolidation.
Yes you are right
A question: how do you detect a "rotation" in REAL TIME?
I will use Volume profile to detect rotation. On Volume profile the area will show as a large Volume area...
Since when is a range called rotation
😂
From four to five consecutive candles we can talk about rotation in the chart
why is it called a "rotation"?
I called it rotation because the price is in a small range. If you would like to learn more about rotation I recommend you download my free book here : www.trader-dale.com/volume-profile-book/
So where is 8 seconds strategy looser?
You can see them all in the video
Good!
Thank you! Cheers!
Nice video
Thanks
accumulation, manipulation and distribution,, ict concept
Exactly !!
Imagine this, after paying for the indicator, what will you do when it can't download?
If you have paid for the indicator and you can't download it, I recommend you write to my technical support, which you can find on the trader's website : www.trader-dale.com
It took 8.025 seconds for me. It seems I am a slow learner
:-D :-D :-D
Holy gold
Thank you. I appreciate it.
Buyers pushing the price up, it mean, sellers are not there, in otherwords, no transaction as no sellers, vice versa, when sellers pushing the price down.
Yes, it could be described like this
I am not sure about the aggressive sellers to push price down. It is enough for the collective buyers only aggreeing to buy at lower prices.
What you are saying plays a part in keeping a move going. But aggressive selling always initiates the move…plus, those same aggressive sellers continue selling on the way down.
Yes you are right, great answer 🙏
@@SteveWeber-gx7tx Why do sellers continue to sell at lower prices? When they have filled their order they dont sell any more. Instead passive and huge sellers fill their ordes with limit orders and for that they need willing buyers.
Sellers step in to 'sell to open' when they see that buyers have 'run out of steam' moving a price higher.
To the mind of a seller, at that point in time, the price looks 'artificially high', and an ideal opportunity to sell into the liquidity of the final liquidity of the buyers.
If the seller's hypothesis is correct, the the price will fall very soon after.
The following fall offers further opportunity for the seller to sell into the remaining liquidity of the buyers.
At this point, other liquidity providers will start pulling off their 'buying liquidity', and re-quote it at a lower price.
This accelerates the decline in price still further.
Additional sellers are attracted in to 'Sell To Open', as they see this decline in price and removal of liquidity.
At some point the market starts to balance itself as:
Short sellers 'buy' to close their short position and crystalize their profit.
Buyers consider that the price is 'over-sold' by the short sellers, and consider it attractive to buy....
Most of my positions are 'Sell To Open', so, as a 'Short Seller' I am always looking for opportunities to sell into Buyers running the price up.
Especially prevalent as a 'bounce' during a declining market.
Just my thoughts....
It's not an 'exact science'.....
The problem is that nobody really knows if a certain area is a rotation or if its a rejection or if its a trend!!! These things are apparent only AFTER the fact... Therefore its next to impossible to say that you should sell the top areas of rotation or buy lower areas of rotation because you don't know until after the chart is formed but then its too late. That why this is NOT a dependable way to do things.... ;). Trust me.
Yes, that's why I give my members a preview of the markets every day in the group, so they can see how I create levels for the market... To show them how I discover them.
Can you do some live trading?
Yes I have a couple of videos of me trading in real time on my UA-cam channel... Or you can watch them here : www.trader-dale.com/funded-trader-academy/
Yeah bro
Thank you
ياريت تفعل ميزة الترجمة بعد اذنك
Thank you
8 sec trick requires 14 mins ... !?
Pattern & trend identification of up/down/stagnate
Longer time frame low loss
Shorter frame volatile price
Can be used for on all charts - we cannot foresee future - good for what has happened
The side zone crosses you can go that way
😅 No chnace it will be 50% opportunity
Thanks for pointing that out! I know the “8-second trick” title can sound quick and easy, but understanding and applying patterns and trends effectively does take a bit more time to explain thoroughly. The goal is to provide a solid foundation for recognizing patterns and managing volatility across different time frames, which isn't always a simple, one-size-fits-all solution. It’s true that no method guarantees a 50% win rate, but with careful risk management and experience, these techniques can help improve decision-making. Thanks for watching and sharing your thoughts!
great sir om shanti
You welcome
You forgot the wedge. And I know you are a VP guy, but most of the time for me, it is not that helpful. The POC is mostly at the biggest rotations. And the limits of the high and low are usually at PH and PL. with other levels being Support and Resistance. I find the anchored VWAP better.
Yeah everyone has a different technique, this video was more of a demonstration of how to get by without indicators 🙏
anybody can talk about past charts
Thank you for your comment, however the video served to explain the various concepts. If you would like to see how I create levels in the current markets. I recommend watching my Weekly ideas on youtube every Monday.
So where is 8 seconds decoding trick? Just selling his course 😡
Thanks for watching and for the feedback! Right at the start of the video, I mention that the strategy I go over is designed to help you decode any chart in seconds. The steps I shared aren’t a ‘magic trick’ but are meant to show a repeatable process to quickly analyze charts with confidence. No course needed for the steps in this video, but if you're looking for further training, our in-depth course is always an option! Let me know if there’s anything specific you’d like me to cover in future videos.
@@TraderDale1mature and mindful, respectively replied to criticism
😂😂😂😂😂
They do to get more views
Thanks for your comments I was going to watch this video
I have not seen anything reasonable you have said .
I have been trading for years and have no affiliation with Trader Dale. He literally spent the whole video teaching you how to read a chart in seconds. He outlined the three different types of patterns that can show up. I seriously recommend watching the video another five times and then practicing finding these patterns on a chart. After that, you need a strategy that works with each of the three types of chart patterns.
It's so easy....we want a difficult way...
Then you have to go the more complicated way and view all my VWAP, Order flow and Volume profile indicators in the chart...
nice, but nothing to do with title! (8 second chart)
Yes, you're right, it was a longer 8-second trick.
WAAAAUU ultranice view OF THE PAST.... ridiculous
Yes the chart formations are usually shown when they are already plotted on the chart.
Dale i bought ur course trying to install tds flexible volume profile to mt4 i followed the the process it is not working when i apply it to the chart
Did you use the current TOKEN for this week? Try this one : R7WKWXVT7F
Why😢
@ganga400 I don't know?
A VERY good fundamentals video! I love that it's not too long too!
↑ Comment for your algorithm + *👍 'd* & *Sub'd!*_
#OldManPaxus Rating: ★★★★
Thank you
Trending, volatile, sideways
Yes!!
👍👍
Thank you
✌️✌️✌️✌️✌️✌️✌️✌️✌️✌️✌️✌️✌️📈📈📈📈📈📈📈📈📈📈
Thank you