mercredi 3 août 2016

Volume Profile and Market Profile a new wave of market picture

Let us dive into the importance of time in trading! I believe time is important because of the following reasons:

1) Time is money

2) Time will affect a trader’s psychology

3) The odds of a winning trade decrease if a trade takes too long to develop

4) The chart is a time/price relationship along with volume

Welcome to Market profile study!!! Gurus of this method or this new way of looking markets are J. Peter Steidlmayer, a trader at the Chicago Board of Trade (CBOT), in was introduced to public in 1985 ,later james dalton added many things

A trend trader can trade sideways market as good as a trending market with MP as he knows its time to fade the moves - Jim Dalton

Market profile don't give any targets nor it is a separate system,it is can act as best filter for trade setups..don't jump to conclusion that it is a new system it is a another voice of market ,just listen it if you can :D

i'm going to move from simple level to advanced level (if people are willing) and also welcome experienced traders to contribute there work


Volume Profile and Market Profile a new wave of market picture

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