DislikedHi Everyone, I found this a long time ago somewhere on the internet. It was the one document that help me understand what Volume Profile / Market Profile is really all about and how to picture what is going on in my head. I am going to share it here. It DOES NOT reflect how Dale trades and if he asks, I will remove it. I think it will help a lot of the new folks to wrap their head around what we are really talking about in here. Comments are always welcome {image}Ignored
I have a question:
He said: To get the 80% rule, you need this: One 30 minute bar needs to close inside of the value area, and when the next 30-minute bar opens inside the value area, you then have an 80% rule!
is it possible for the next 30-minute bar to open outside the value area if the first one closed inside?
Walla Maybe ya Habibi