Basic Market Profile and How I Use It
Audience: Beginning to Intermediate Traders looking for simplicity and an effective read of the market
Market Profile Basics :
- What is Market Profile?
- Why is it significant to know what it is?
- What are the basic features, terminology and acronyms used in Market Profile?
- How are Market Profiling and Volume Profiling different?
- Understanding market development and why…
- Day types
- Opening Types
- Market Profile’s limitations and myths
- What tools are necessary to see the market properly?
How I use it :
- Why do I use Volume Profiling?
- What information am I looking at? VPOC’s, Volume Nodes, etc.
- Why is the overnight auction important? Or is it?
- What tools am I using to look inside of the noise?
- Putting it all together…