In this video, we show you a few ways to use Volume Profile tools. The key here is to make better decisions. Volume Profiles can slow your process down. Before you do anything, do some research on where the most trading volume is happening and at what price.
This video is for educational purposes and it's meant to show you several ways you can use these tools to improve your process. Find the most active trading levels and use them to set alerts, wait for dips, and find trades with a better risk/reward than chasing.
However, it's important that Volume Profiles can also be used for momentum trading or investing. We show you have the Session Profile can you show what an uptrend looks like.
The key thing to remember here is that the tools are at your hands to use. Volume Profiles are one set of tools for you. Make sure you understand your timeframe, goals, and risk management. In addition, you can use Paper Trading to test your ideas or strategies!
We'll have more videos coming soon about these tools. Please press leave any comments or questions below.
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