Nasdaq Supply and Demand Strategy
5:55
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@fernandoosorio281
@fernandoosorio281 Күн бұрын
you crazy this is a 2k course for free thank you so much my trading is getting better
@fernandoosorio281
@fernandoosorio281 Күн бұрын
nice videos im learning a lot thank you
@andregrillo961
@andregrillo961 3 күн бұрын
Great video, thank you! I am really amazed the way you trade. Simple and objective. You got a new follower!
@dpmtrading5723
@dpmtrading5723 3 күн бұрын
Welcome aboard! I do try to keep my trading as simple as possible. You will find there is some subjectivity to it especially when it comes to identifying key levels and zones. The better I identify these areas, the better my overall trading will be. If I make a mistake or miss something in my analysis of key areas, it will cause me to either miss a good trade or take a bad one. So, I put a lot of energy into practicing identifying those key areas to trade from.
@andregrillo961
@andregrillo961 3 күн бұрын
@@dpmtrading5723 Thank you. Well, in small time frames like 1 minute sometimes it’s complicated to see price levels (marked with rectangles) that were picked in the 1 or 4 hour time frames. Sometimes they look too wide and seem unrealistic. It’s also hard if we are trying to identify levels in the 1 min chart directly because it’s too noisy, and it makes the mess bigger mixing it all with the larger time frames levels I was talking about. Maybe these are my worst enemies 😅
@maddy9841
@maddy9841 3 күн бұрын
It is one of the best videos that I have watched. You explained in a best way to understand properly for the entries. I will try to use. Thank you.
@Vlakrisk
@Vlakrisk 8 күн бұрын
Win rate?
@dpmtrading5723
@dpmtrading5723 8 күн бұрын
My current wind rate is about 55%. However, since there is a considerable amount of discretion involved in my trading my personal win rate is not particularly relevant for anybody else.
@andregrillo961
@andregrillo961 3 күн бұрын
@@Vlakrisk The win rate sometimes means nothing. I am ok losing a few bucks with my stop losses and win big in a few trades.
@eliass.6459
@eliass.6459 8 күн бұрын
This video is amazing!! Thanks DPM.
@dpmtrading5723
@dpmtrading5723 8 күн бұрын
My pleasure!
@CraigShippick
@CraigShippick 10 күн бұрын
Can only echo everyone else's comments, this is by far the best description of how to use volume profile and price action...thank you
@dpmtrading5723
@dpmtrading5723 8 күн бұрын
Thank you!
@bahramjaberiyan
@bahramjaberiyan 12 күн бұрын
Awesome ❤
@dpmtrading5723
@dpmtrading5723 8 күн бұрын
Glad you liked it.
@tamtamjab
@tamtamjab 18 күн бұрын
I love this trade
@syrold
@syrold 23 күн бұрын
Are you still using delta? Im not seeing it on your current videos, just curious.
@dpmtrading5723
@dpmtrading5723 22 күн бұрын
Only a little bit for context. I’ve spent most of this year simplifying my process. The majority of my edge comes directly from Price action and volume so I’ve tried to remove as much other input from my charts as possible.
@mr.gordon3115
@mr.gordon3115 24 күн бұрын
Hey! thanks very very much. What indicators did you use? I saw you just moved the mouse and the profile adjusted automatically.
@dpmtrading5723
@dpmtrading5723 22 күн бұрын
It is just a volume profile drawing tool.
@mr.gordon3115
@mr.gordon3115 21 күн бұрын
@@dpmtrading5723 Thanks again
@mouhanedabdelmo
@mouhanedabdelmo 25 күн бұрын
thanks you so much!! does it work fine with crypto?
@dpmtrading5723
@dpmtrading5723 25 күн бұрын
Yes 100%
@AaronNicholsonAI
@AaronNicholsonAI 26 күн бұрын
Super helpful! Thanks a lot.
@dpmtrading5723
@dpmtrading5723 26 күн бұрын
Glad it was helpful!
@ProBussiness573
@ProBussiness573 26 күн бұрын
It is superb ..my entry levels and your delta volume are actual same
@dpmtrading5723
@dpmtrading5723 26 күн бұрын
Nice!
@AaronNicholsonAI
@AaronNicholsonAI Ай бұрын
Amazing. I’ve been looking for how to tell a trend change from a pullback for a long time. Thanks a lot.
@dpmtrading5723
@dpmtrading5723 Ай бұрын
Glad it was helpful!
@kashh001
@kashh001 Ай бұрын
Hey, how did you confirm this trades? Did you use order flow & cum Delta? I think trade confirmation is the most important thing I love that you teach & i didn’t see it here. Thanks!
@dpmtrading5723
@dpmtrading5723 Ай бұрын
Just price action and volume. That’s all I’ve been using lately.
@AaronNicholsonAI
@AaronNicholsonAI Ай бұрын
Thanks a TON!
@dpmtrading5723
@dpmtrading5723 Ай бұрын
You're welcome!
@thetristan11
@thetristan11 Ай бұрын
Love this video
@dpmtrading5723
@dpmtrading5723 Ай бұрын
Thank you 🙏🏼
@thetristan11
@thetristan11 Ай бұрын
@@dpmtrading5723 when do you expect to release your day trading course? Would be interested to learn from you
@thetristan11
@thetristan11 20 күн бұрын
@@dpmtrading5723 when do you plan to start your day trading course? I would be interested to learn from you
@eliass.6459
@eliass.6459 Ай бұрын
Amazing content. Do you trade only the NQ or also other instruments like the ES, Oil or Gold?
@dpmtrading5723
@dpmtrading5723 Ай бұрын
Thank you. I mostly trade NQ right now. I used to trade ES quite a bit though.
@eliass.6459
@eliass.6459 Ай бұрын
@@dpmtrading5723 i have joined your discrod :)
@eliass.6459
@eliass.6459 Ай бұрын
@@dpmtrading5723alright, i have just joined your discord 😊
@user-go2ir5dh4o
@user-go2ir5dh4o Ай бұрын
Dude it was super helpful. my first video of your account it was😊. Looking for the strategy for scalping in sideways too Tnx a lot
@dpmtrading5723
@dpmtrading5723 Ай бұрын
Glad it was helpful!
@dpmtrading5723
@dpmtrading5723 Ай бұрын
Did you see the video I just posted of trading in sideways ranges?
@itpl5050
@itpl5050 Ай бұрын
Superb Sir... Love from Bharat(India)
@dpmtrading5723
@dpmtrading5723 Ай бұрын
Thank you!
@Jolley185
@Jolley185 Ай бұрын
Great explanation! New sub!
@dpmtrading5723
@dpmtrading5723 Ай бұрын
Thanks for the sub!
@andresalzate568
@andresalzate568 Ай бұрын
Discord is still an active service?
@dpmtrading5723
@dpmtrading5723 Ай бұрын
Yes. The discord is active. I trade live most days with members.
@tempemail5337
@tempemail5337 Ай бұрын
Natural teacher. Honest and helpful without a lot of complicated ego filled bs like other videos I recently watched on YT. I stopped paying for $$$ courses. Last one I almost signed up for wanted 6 figures for 80% crap I would never use if I didn’t pass the first part of it or if it never worked and money back guarantee would of been null and void because I wouldn’t be able to finish the rest of the course. Yes I’m ranting.
@dpmtrading5723
@dpmtrading5723 Ай бұрын
Glad you enjoyed.
@lucknerjr.jean-baptiste4541
@lucknerjr.jean-baptiste4541 Ай бұрын
Quick question about your P/L at the top. @ 5:18 you're up 8.75 points, which would be $52 and change but your unrealized profit is just under 3 times that - what am I missing?
@dpmtrading5723
@dpmtrading5723 Ай бұрын
It is because I am trading 3 contracts
@bjmckenzie2021
@bjmckenzie2021 Ай бұрын
Wow! This blew my mind. How can I link up with you and learn more on this specific entry?
@dpmtrading5723
@dpmtrading5723 Ай бұрын
The best thing would be to join the discord group. The link is in the description :-)
@gavin9472
@gavin9472 Ай бұрын
I've spent a few months trying to work out how to use Volume Profile for day trading and this has helped immensely! Liked and subscribed!
@dpmtrading5723
@dpmtrading5723 Ай бұрын
Glad it was helpful!
@willd.8040
@willd.8040 Ай бұрын
Such a simple but great explanation of how liquidity and volume can be traded. Subscribed. I hadn't been using the VPVR indicator until recently, but I've been amazed at how effective it is at finding areas of S/R for day trades/scalping.
@dpmtrading5723
@dpmtrading5723 Ай бұрын
Welcome aboard!
@willd.8040
@willd.8040 Ай бұрын
Such a simple but great explanation of how liquidity and volume can be traded. Subscribed. I hadn't been using the VPVR indicator until recently, but I've been amazed at how effective it is at finding areas of S/R for day trades/scalping.
@dpmtrading5723
@dpmtrading5723 Ай бұрын
Glad it was helpful!
@Sam-vi5cc
@Sam-vi5cc Ай бұрын
27 years trading, this is by far the best video to get a trader's mindset on the right track. Thanks a bunch.
@dpmtrading5723
@dpmtrading5723 Ай бұрын
I appreciate that!
@hb1355
@hb1355 Ай бұрын
Is order flow cumulative Delta available for Apex accounts on Ninja trader?
@dpmtrading5723
@dpmtrading5723 Ай бұрын
I believe so, but you can always reach out to Apex support and ask. I use my own license and data with ninja so I’m not sure what is included on the Apex license that they provide.
@jhakepascua6905
@jhakepascua6905 Ай бұрын
I believe volume trading is the most accurate indicator of confirmation
@dpmtrading5723
@dpmtrading5723 26 күн бұрын
Price action and volume = the dynamic duo ;-)
@spainops1
@spainops1 Ай бұрын
Thanks! Very well explained on how to use MTFs
@dpmtrading5723
@dpmtrading5723 Ай бұрын
You're welcome!
@aq7346
@aq7346 Ай бұрын
do you think the volume profile is really needed? as an experienced trader you spot consoldiation by eye and know that there you have a volumeprofil hill
@dpmtrading5723
@dpmtrading5723 Ай бұрын
In most cases no, I don’t. When I trade I mostly just use price action. I do think that traders should understand how price and volume interact etc because it will help them to understand what is behind the price action etc. but I keep my own charts very simple.
@AjaySaini-hi9uh
@AjaySaini-hi9uh Ай бұрын
You don't use volume profile tool anymore?🤔
@dpmtrading5723
@dpmtrading5723 Ай бұрын
I use it occasionally to get clarity if the price action is sloppy. Most often I case where the volume is in the price action. I try to keep my charts and setups as simple as possible and in most cases adding the profile is just one more thing to look at without adding real edge. At least for me. I think it is important to understand the profile and the relation between volume and price, but ultimately price action is most important
@mitchellfetter
@mitchellfetter Ай бұрын
Why did you stop using cumulative delta?
@dpmtrading5723
@dpmtrading5723 Ай бұрын
I still keep it on my 1m charts, but after reviewing 100s of my trades I concluded that it wasn’t adding much to my edge and it can be really misleading. 2024 has been all about simplifying my process and funneling my attention to the fewest things that have the biggest impact. Basically price action, support and resistance, market structure, and volume.
@crazyhead1588
@crazyhead1588 Ай бұрын
We have similar trading style but you have way more patient I get out like 2-3 points in and trade 5 contracts
@dpmtrading5723
@dpmtrading5723 Ай бұрын
I am trading micros on this account, so 2 to 3 points would not really be worth the cost of commissions. How many points are you risking per trade?
@crazyhead1588
@crazyhead1588 Ай бұрын
@@dpmtrading5723 oh that make sense I risk 4 points but normally I try to take trades where the stop loss make sense and isn’t far from entry I don’t like putting my stop loss in middle of no where so normally the stop loss comes to like 2-3 points max and I try to get loke 3-5 points profit
@jasonnewton4213
@jasonnewton4213 Ай бұрын
Simply the best. Cannot stop watching this video, Simplicity at its finest. No need to watch any other volume profile vids
@dpmtrading5723
@dpmtrading5723 Ай бұрын
Thank you 🙏🏼
@jasonnewton4213
@jasonnewton4213 Ай бұрын
unequivocally, no if's, buts or doubts about it, the best, most clearest and precise, easy to understand video on price action in relation to volume profile
@dpmtrading5723
@dpmtrading5723 Ай бұрын
Glad you liked it!
@melantheoszimurri9981
@melantheoszimurri9981 Ай бұрын
You should use volume profile
@dpmtrading5723
@dpmtrading5723 Ай бұрын
Thanks for the tip
@tajalbert4211
@tajalbert4211 Ай бұрын
Love your videos! Ive learned a lot from you, especially regarding how you use cum delta. Adding this to my strategy is a game changer. Thanks!
@DubLL
@DubLL Ай бұрын
This was very well done! I unfortunately use Bookmap for my charting and their cumulative delta is drawn by lines and not candlesticks. Do you have any recommendations on how I might be able to read that in a somewhat comparable way to the way your chart is? Thanks!
@christopherlow3824
@christopherlow3824 Ай бұрын
Hey Chief, are you using a thrid party app to place those orders with a mouse click?
@dpmtrading5723
@dpmtrading5723 Ай бұрын
It’s a tool I was working on creating. I put it on the back burner for now because it was taking time away from focusing on my playbook. Everything was working fine except I was having some bugs particularly when working with a trade copier.
@Jersey-towncrier
@Jersey-towncrier 2 ай бұрын
I am absolutely FLOORED that you don't have 1M+ subs on your channel. Plato was so right about the masses... You literally are giving away the keys to the kingdom while everyone else is banking KZfaq dollars off of what are In actual truth just gimmicks. People are so much more apt to desire entertainment than real knowledge and understanding. Well hey, more for us to win, right? Here's to the millions I plan to make with this knowledge and understanding--after trying all the gimmicks. At the end of the day, it all comes down volume as a function of time, volume as a function of price, and their coincidence between probability distribution. Turns out the impression of purely traditional cycles is a bit misleading...
@dpmtrading5723
@dpmtrading5723 2 ай бұрын
Thank you!
@07stylematters
@07stylematters 2 ай бұрын
from today i ll call lower/higher highs and lower/higher hoes 🤣
@07stylematters
@07stylematters 2 ай бұрын
best video out there on delta !! 👏
@dpmtrading5723
@dpmtrading5723 2 ай бұрын
Glad you think so!
@mgyb8269
@mgyb8269 2 ай бұрын
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!
@dpmtrading5723
@dpmtrading5723 2 ай бұрын
Glad you enjoyed it!
@bavandeep4683
@bavandeep4683 2 ай бұрын
Hey, so instead of this, what do you think about drawing a volume profile on the down move of the pullback, and then going on the lower time frame and looking for the market to break through the hvns in the pullback for entry?
@dpmtrading5723
@dpmtrading5723 2 ай бұрын
I think anything that helps you see/interpret the price action clearly is good. If watching it with a profile just clicks better for your brain then stick with it.
@Frank_mo_storyteller
@Frank_mo_storyteller 2 ай бұрын
I am a volume based supply and demand trader trading into imbalance fills , using delta and triple stacked imbalance on footprint as confirmation… with all of that said i target 60-100 ticks per trade… now I am also pretty great at scalping and love your thesis on trade entries based upon delta or delta divergence as it correlates with price action … I am digesting your content because I feel like while I’m being patient for my larger move setup I can be building a nice buffer in my account using this technique. So thank you for all you do for the community in regards to education and your perspective breakdown of your method .. big help …
@dpmtrading5723
@dpmtrading5723 2 ай бұрын
Thanks Frank!
@davidnebadze5891
@davidnebadze5891 2 ай бұрын
typical stop hunts