There is an ongoing discussion within the trading community about which tool is better for analyzing market behavior: Market Profile (MP) or Volume Profile (VP). The former was popularized by Jim Dalton in his book "Mind Over Markets," while the latter has many advocates as well, including Peter Reznicek (aka ShadowTrader). With the release of the new "Time Price...
Market Profile analysis is a powerful tool for traders and investors alike to analyze price movements in financial markets. The method is based on the concept that price moves in a predictable way, forming patterns that can be observed and analyzed.
The Market Profile chart is a visual representation (not shown here) of market activity, displaying the...
A few key concepts when using Market Profile in your trading:
1) Point of Control (POC) acts as price magnets, as they represent the price level where most time was spent during a trading day. Price tends to gravitate towards them.
2) Naked (Not visited) POC acts as stronger magnets than visited POCs.
3) When price enters / breaks into a Value Area, which...
This video was a short synthesis of my swing trading approach. For the amount of information I presented, I'm not expecting to successfully being able to convey my means and ways in one short video, but I'm glad if I could at least show a different perspective.
Some important things I forgot to mention:
- The tolerance for identifying a visual weak liquidity...
In this video I will show you how I took a very common setup with the OR/IB indicators. The setup is to fade the first touch of the IB range, after the range has been set. As you can see, price rejected at the IB high and came down to tag the Overnight High (the magenta line).
This trade netted about 50 points on the NQ.
In this video I will demonstrate how to use my Opening Range / Initial Balance indicator to take profits on March 31, 2021.
Please watch and LIKE if you find it useful.
Thanks!
Hey Guys,
I wanna show you how I trade swing trades based on my SR levels.
Firstly I am waitting for a market to arrive in a SR area and then I am looking for a trade setup. In this case we can see strong buying activity which can be confusing, but mostly its good sign. Then I see pinbar with our formation which shows bigger volume and possible trade signal....
Here is my two yestarday´s levels from my Members area. ( Both ended up in profit )
Let me explain my how correlation between EURUSD and USDCHF works and how you can look at the charts.
EURUSD and USDCHF are negatively correlated (correlation almost -100%). If USDCHF falls, then EURUSD should rise. If EURUSD rises, USDCHF should fall.
This means that in...
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Financial Market Introduction 101
a) Market participants
Market Participants include those parties that are involved in the operations of investment
companies. Their control in the market is necessary and they should be well aware of the
changes in the market.
1. Brokers and dealers handle trade activities between the...
