Volume Profile Single Print Trade

Entry Logic

• Entry is a short position when the price rallies to a single print area in the volume profile and gets rejected.
• Confirmation is a bearish pin bar or engulfing candle.
• Timeframe is the 15-minute chart.
• Location is at the single print.
• Market is in a downtrend.

Exit Logic

• Profit target is the nearest high-volume node (HVN).
• Scale out 50% at a 1:1 risk-reward ratio.
• Trail the stop loss above the high of each previous bar.
• Exit if the price closes above the single print.
• Exit on a bullish reversal pattern.
• Exit if the price does not reach the target within 4 bars.
• Exit if the single print gets filled.

Stop Loss Structure

• Hard stop is placed above the entry candle's high.
• Soft stop is a close above the single print.
• Maximum dollar loss is $150 per trade.
• Maximum percent loss is 1.5% of the account.
• Structural stop is above the next resistance level.

Risk Management Framework

• Risk 1% of the account per trade.
• Daily loss limit is 3% of the account.
• Weekly loss limit is 6% of the account.
• Maximum drawdown is 20%.
• Risk-reward ratio must be at least 1:2.

Position Sizing Model

• Use a fixed fractional position sizing model.
• Reduce size by 50% during high volatility.
• Full size for A+ setups, half size for A setups.
• Do not scale in.
• Scale out as per the exit logic.

Trade Filtering

• Avoid trading on low-volume days.
• Only trade when the single print is clearly visible.
• Trade only major currency pairs.
• Avoid trading during news events.
• Do not trade when the market is in an uptrend.

Context Framework

• Trend is down.
• Price is below VWAP.
• Price is below the 20 and 50 EMAs.
• Location is at the single print.
• The higher timeframe chart (daily) shows a clear downtrend.

Trade Management Rules

• Move stop to breakeven after the first profit target is hit.
• Scale out at the HVN.
• Do not add to the position.
• Let the trade run to the final target.

Time Rules

• Optimal trading window is from 9:00 AM to 11:00 AM EST.
• Avoid trading during the Asian session.
• The strategy works best on trending days.

Setup Classification

• A+ setup: Rejection from a large single print in a strong downtrend.
• A setup: Rejection from a small single print in a moderate downtrend.
• B setup: Rejection from a single print in a weak downtrend.
• C setup: No clear trend.

Market Selection Criteria

• Trade EUR/USD, GBP/USD, and AUD/USD.
• High liquidity is required.
• Moderate to high volatility is preferred.

Statistical Edge Metrics

• Expected win rate is 60%.
• Average win is 2.5R.
• Average loss is 1R.
• Profit factor is 1.5.
• Expectancy per trade is 0.5R.

Failure Conditions

• The strategy fails when the market reverses trend.
• Avoid trading when the single print is not well-defined.

Psychological Rules

• Be patient and wait for the price to test the single print.
• Do not be afraid to short at a new high.

Advanced Components

• Use a volume profile to identify the single print.
• Use a trend filter to confirm the downtrend.
• Do not trade correlated pairs in the same direction.
• The daily chart must confirm the downtrend.

Location

• Strongest in a clear downtrend.
• Weakest in an uptrend or a range-bound market.
• The location of the single print within the profile is important.