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Learn how to trade stocks and options with these simple to follow videos hosted by ClayTrader. Breaking down all aspects of trading and technical analysis.
Learn how to trade stocks and options with these simple to follow videos hosted by ClayTrader. Breaking down all aspects of trading and technical analysis.
Episodes
Friday Dec 16, 2022
A Powerful Day Trading Indicator (Volume Profile)
Friday Dec 16, 2022
Friday Dec 16, 2022
If you’re in need of a trading indicator to assist you in building a day trading strategy, or to help you improve the strategy you already have in place, you should consider “Volume Profile”. Let me be clear. I am not suggesting the Volume Profile is a magic pill or golden goose. There is nothing magical about it; however, I know it can help save time and make technical charts much more visually appealing. As traders we need the best pieces of information in the quickest way possible. The Volume Profile indicator opens up these gates and allows us to be extra nimble. You don’t want to rush a trade, but you also don’t want to miss one. This is the very fine line we walk as day traders in the online world of making money. The Volume Profile does a great job of bridging this gap. Let me show you not only how it works but also a couple examples of how it can be used. If you want to use the platform I’m using in the video to generate the Volume Profile, click the link below.

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