A value area is taken from concepts with market profile.
It is where price spends 70% of it's time during the trading session (typically by using entire fx day but can be broken down into asia, london, ny sessions)
When using a Market Profile indicator... time and price typically want to create a balanced market with a bell shape curves like the attached image.
We've been doing a deep dive view of the markets this week in our slack community. Traders are beginning to see the markets in a whole new light. Lots of easy money.
Buying any of our products (even the tracking spreadsheet) gets you access to our trading community - we won't keep that door open long.... There is simply too much value when just a singular trade can cover any investment you make in the proper tools for success.
You'll learn everything I know about the inner workings of the market. How to get in... where to get out.... and have the tools to confidently place and hold trades.
I added a video in the Market Structure Deep Dive course to cover a playbook strategy that you could have extracted 1,214 PIPs just trading the Majors last week.
A huge benefit of becoming a lifetime member is that we are constantly adding tools, education, and analysis that you need to profit from the forex market.
There is no better time than now to join us and start making consistent money.
Soon we will start covering Market Profile trading in depth.
Also here is the End of Week Analysis for where we are with Sentiment and Market Structure:
It was a slow week to start but as always - there are opportunities.
Traders in the community were able to go long the dollar last week after we realized that the dollar was doing a GG (grab and go) scenario.
There were two swing opportunities to profit. You just had to swing the bat.
We're going to start focusing on trader development within the community.
To me, I could give you the setups and ideas week after week and some will still not make money. In fact, since beginning this thread I've shared profitable trade ideas every single week.
Our goal with SentiFX is to help you grow as a trader so that you can become consistently profitable and achieve your goals.
Even armed with the strongest tools in the FX market and 16 years of knowledge that I share both here and in the community.....
You still may not have what it takes to be a trader.
Because it all comes down to you as a trader.
The biggest edge in the market comes from within.
Do you have pattern recognition skills of profitable trading patterns?
Do you understand how the market really works?
Can you execute every time without hesitation?
Can you hold to target?
Do you know the best entry and exit locations?
But most importantly - can you manage your emotions and control your risk?
These are the sort of skills we will be working to develop with members/lifetime members.
Proper education, then deliberate practice, then executing over and over and over is the way to achieve your goals.
We have been exploring the Monday Range as a community, some interesting and profitable trades have come out of it especially when combined with Sentiment.
