DislikedMay I ask Mal,
for how long have You been using maket profile and what is the main use for You ( in short and simple words)
Thank You
PeterIgnored
well
1) some use daily pivots / weekly pivots etc etc but what better way to tell you where support / resistance is than a high volume pivot line . A chart that shows where the largest transactions form buyers to sellers has really occurred
2) I use value area trading . If price is trading below the value than intraday I will ONLY play shorts , oppsoite for if price is trading above prior days value area
3) within todays value area you can play bounces off lower and upper value areas ....
I use esignal mostly for charting , trade about 3 hour in US session 5 am to 8 am pst, then if I leave trade on I monitor it thru mt4
chart below shows a really great (almost 90% sure of working out ) trade set up ...even if only for 20 pip , this is how poc , high volume pivots and vsa all come together .. as someone pmed me today I make it look easy , but anyone can learn this stuff
Blogging daily now at www.volume.zone