What is "The Value Area"?

Hello

I just read a text where the author was suggesting to:
Go Long when price is above Value Area
Go Short When price is below Value Area

Any one could explain in few word what does it mean?

Martin

Most likely it was an article discussing market profile and or volume based strategies. The value area is a price range where 70% of trades have been executed during the previous trading sessions. A pretty useless indication in forex as the volumes are not indicative of trades executed...

Thank you Yosefx

True that Yosefx. MP charts for spot forex go by how long price is at a certain level. No volume in the equation.