I also want to track how today goes intraday sentiment-wise, once we get to Wall St. open in a couple of hours.
So far, price is slightly above yesterdays Value Area indicating a slight imbalance to the upside. Ideal setup would be, from my now short-biased point of view, would be if we accept the Value Area early in the trading day, like the first hour or two. Here's an M30 chart with H4 S/D zones displayed. Purple lines represent Market Profile Value Area and that's where I want to price to start traversing.
www.angelocapital.co.uk
So far, price is slightly above yesterdays Value Area indicating a slight imbalance to the upside. Ideal setup would be, from my now short-biased point of view, would be if we accept the Value Area early in the trading day, like the first hour or two. Here's an M30 chart with H4 S/D zones displayed. Purple lines represent Market Profile Value Area and that's where I want to price to start traversing.
www.angelocapital.co.uk