Top Volume Profile Setups on the Forex Charts of the Day

In this article, we're going to provide you with a full guide on Forex Charts of the Day: Top Volume Profile Set-Ups. We'll answer some of the most common questions traders have about this subject, and offer some useful tips to help you get started. So whether you're a complete beginner or an experienced trader, read on for all the information you need to make successful trades using Forex Charts of the Day: Top Volume Profile Set-Ups.

What is Volume Profile Set Ups?

In the world of Forex trading, a volume profile setup is a charting technique that uses volume data to identify potential areas of support and resistance. By looking at where the majority of trading activity is taking place, traders can get a better idea of where prices are likely to find support or resistance. This information can then be used to make more informed decisions about entries and exits.

Why Use Volume Profile Set Ups?

There are several reasons why traders might choose to use volume profile setups in their trading. One of the most popular reasons is that it can help to identify potential reversals in the market. By looking at where the bulk of trading activity is taking place, traders can get a better idea of where prices are likely to find support or resistance. This information can then be used to make more informed decisions about entries and exits.

The Monthly Volume Profile

One of the most popular ways to use volume profile setups is by looking at the monthly volume profile. This chart shows you the total amount of trading activity that took place in a given month, giving you an idea of where prices are likely to find support or resistance. By looking at this data, you can get a better idea of where the market is likely to turn.


The Weekly Volume Profile

Another popular way to use volume profile setups is by looking at the weekly volume profile. This chart shows you the total amount of trading activity that took place in a given week, giving you an idea of where prices are likely to find support or resistance. By looking at this data, you can get a better idea of where the market is likely to turn.

The Daily Volume Profile

One of the most popular ways to use volume profile setups is by looking at the daily volume profile. This chart shows you the total amount of trading activity that took place on a given day, giving you an idea of where prices are likely to find support or resistance. By looking at this data, you can get a better idea of where the market is likely to turn.

How to Use Volume Profile Set Ups

Now that we've covered some of the basics, let's take a look at how you can use volume profile setups in your trading. There are a few different ways you can do this, but one of the simplest is by using a volume profile indicator.


There are several different volume profile indicators available, but one of the most popular is the theVWAP indicator. This indicator will show you the volume-weighted average price of a security, giving you an idea of where the bulk of trading activity is taking place. You can then use this information to make more informed decisions about entries and exits.


Another popular way to use volume profile setups is by looking at the order book. The order book is a record of all the buy and sells orders that are currently available in the market. By looking at where the most trading activity is taking place, you can get a better idea of where prices are likely to find support or resistance.