Trading using Market Profile

Hi guys.

I'll post my trades here.

First Trade : USDCHF short

SL modified.

Hi,

I've read some e-books on Market Profile and found it very interesting.
However I failed to find any good indis on MT4 to use this system.
Can you share yours?

Unabletrader would you mind explaining your trading method. I just started studying market profile trading and like it also. I have been studying and demoing for almost 4 years. Also just started studying Order flow trading. I have studied Supply and demand, fibonacci levels, ect. I would also like to ask if you could post a template if you don't mind.

I closed my trade yesterday before BCE and NFP. I took a loss of 2 pips.

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However I failed to find any good indis on MT4 to use this system.

Yes. I'll post here when I'll be back on my personal computer.


Maybe later. I'll create an other thread.

These are trades I have took in the last few days using a combination of market sentiment, market profile, fib levels and stochastics. My supply and demand indicator is not showing for some reason. I have also notice my demo platform has tremendously slowed down since the addition of my market profile indicator,and the indicator to the left which has been a great help so far. It was not running slow when I first started trading with these two additions. This is my current template I use.

I am also looking at using two different reports for trading 3 to 5 day trades using
the Commitment of Traders futures report http://www.cftc.gov/dea/futures/deacmesf.htm
which comes out every Tuesday and the Traders in Financial Futures - Options and Futures Combined Positions http://www.cftc.gov/dea/options/financial_lof.htm

Be careful about COT. Even for 3-5 days, it's not really useful.

I don't use Fib levels and Stoch.

You should focus your trading on Auction Process only. I'll post some trade the next week.

OK I am open to learn as much as I can

I did look a little at the Auction Market Theory and Market Profile board

I found a very nice site with some free videos on Auction Market theory and they have a course you can pay for. This is really taking it to the next level of learning the markets http://www.strategictrading.net also found a few videos on youtube from http://www.urbanforex.com,https://ww...?v=qZmc2K894fI

This is a video from strategic trading ,http://www.strategictrading.net/AUCT...TRATEGIES.html

I spent a lot of time on internet today maybe 6 hours researching Market profile trading. I found an addition to my market profile indicator that I now created a new template and will trade with it starting Monday.

Your indicators aren't great.

Try this one :

OK Thanks!

I can't get the indicator to show. Where do I put it?

I tried it in the indicators folder, the experts folder, the libraries folder and the scripts folder.

Found a good pdf book on market profile trading

Another short read on Market Profile

You can hardly use this setup. FX markets do not close, there is no open time.