[00:02] said down, congratulations to you, you understand the VP strategy. Now, what about this one right here? Now, if you said up, congratulations, you understand the VP strategy. So, what about this one right here? Did you say up? Did you say
[00:15] down? Well, the answer is neither. Notice how simple that is using the VP strategy. VP stands for volume profile. Go to TradingView, go on the left, and find the fixed range volume profile. Find a trend, mark from the low of the
[00:29] trend to the high of the trend. Next, go to the settings of the volume profile. Turn on the VAH and the VAL. The strategy is simple. Wait for price to come down to the point of control, the red line. This is where we look to enter
[00:43] trade. Ideally, you want to see an area of demand exactly where your point of control is. Here, we have a beautiful area of demand, and the point of control is right in the middle of it. Enter, set your stop loss below the area of demand,
[00:56] and for the take profit, you're going to take partial profits at the volume area high, the top white line. Notice how when price hits this white line, it rejects a bit. Then, you're going to take full profits at the recent high. I
[01:08] know it's stupid simple, but nothing beats the volume profile. Now, all you watching this video over and over again watching this video over and over again till you get it.