Order Trading Setups is a comprehensive guide that equips traders with the knowledge and tools necessary to harness the power Order Flow. By tracking the movements of institutional investors and trading alongside them, readers can benefit from an almost unfair advantage in the market, leading to increased market insight, trading accuracy, and ultimately, enhanced profitability.
The book delves into the unique, proprietary trading setups developed by Trader Dale that allow you to track institutional market participants effectively. A few key
Insider-like market Trader Dale's setups give you an edge by revealing the market's real-time supply and demand, enabling you to make informed decisions based on actual buying and selling pressure.
Enhanced trade Dale's Order Flow techniques allow you to pinpoint precise entry and exit points, increasing the likelihood of successful trades and maximizing your profit potential.
Superior risk By identifying potential reversals and areas of strong support or resistance using Trader Dale's methods, you can manage your risk more effectively and improve your overall trade performance.
Unprecedented market Trader Dale's approach to combining Order Flow with Volume Profile enables you to gain a deeper understanding of market dynamics, identify high-probability trade opportunities, and achieve more consistent results.
In addition to these proprietary trading setups, the book offers guidance on choosing the right Order Flow software and obtaining accurate data for analysis, ensuring you have the most reliable information at your disposal.
Order Trading Setups takes you on a journey into the world of institutional trading, revealing secrets that have the potential to transform your trading performance. Trader Dale shares his personal experiences and lessons learned from years of navigating the markets, offering invaluable insights into the mindset and discipline required for trading success.
The book also includes tons of real-life trades that demonstrate the power and effectiveness of Trader Dale's Order Flow trading strategies. You'll discover how these proprietary methods have helped countless traders conquer the markets and achieve financial freedom.
As you progress through the book, you'll develop the skills and confidence needed to consistently identify high-probability trade opportunities and execute with consistency. You'll learn how to use Trader Dale's unique combination of Order Flow and Volume Profile to uncover hidden pockets of liquidity and exploit inefficiencies in the market.
In summary, Order Trading Setups empowers traders with the knowledge and tools necessary to gain an almost unfair advantage in the market using Trader Dale's proprietary Order Flow setups. By implementing the strategies and techniques outlined in the book, traders can enjoy increased market insight, improved risk management, precise trade execution, and ultimately, enhanced profitability.
I like "Trader Dale" books because they are pretty straight forward and full of examples.
In this book, there is some beginner stuff for order flow analysis. I'm not a huge fan of it, but one could start developing more advanced trading setups from the lessons taught here.
There are some basic usage here, mainly for trading pullbacks in a trend, which is a good way to trade indeed, but I think I wouldn't apply them at once, it's better to test a lot of data before putting money into it, as the strategies aren't advanced, probably they would need some confluence/confirmations before entering into a trade.
At the end there is a basic teaching about Volume Profile (the author has a book specific for it), which I couldn't make much use yet, and also some advertising for his trading course.
I would recommend this for the simplicity, as a introductory book.
May be a great trading strategy,however the book is essentially a software manual/brochure; for the author’s software. The website is not extremely well put together.