Playing with Market Profile charts

Hi all,

I would like to have your opinion if I may.
I am starting this thread about the use of Market Profile Charts. I know there are other threads about this but here I am noticing something interesting.

I will paste here the NZDUSD 30 MIN chart (market profile). For those who know how to read this you may notice something.
In these charts we see the three main sessions on each day starting with: ASIA, LONDON/EUROPE, US.

Now, take a look at the tuesday chart and then of todays (wednesday, Nov. 30th) chart. I have drawn rectangles around the US session.
You will see that the profile is almost exactly mirroring the one of tuesday. After Tuesday the markets went up and on wednesday ending with the oposit profile.

Now what do you think? Could it be that tomorrow (thurday, december 1st) the markets will respond likewise and go down?

Interesting, no?

Well, anyway, within 24 houres we will know. Your thoughts are very welcome.



EDIT:

For those interested, I have added the indicator I use in this post

What do you call this chart type? it looks like a cryptography codes to me.
can you tell me the chart name and any relevant site to refer on how to read the chart?

This chart type is based on the Market Profile principle.


Find more info in this thread for example.

There is also a good PDF on the subject. you can find it HERE

Hope this helps.

Jan

[quote=JanCeulemans;[/quote]
I had the same view with you, i thought that with market profile and volume i have found the way but the reality is something else. You dont know what will happen tomorrow why? its simple you dont know in which direction the balance will be lost (the balance of orders). Then market profile needs VOLUME real volume not the volume of ticks which those ticks are only from your broker. So if your system is based on this fundamentals you understand that they are fake. No point.

Well, 24 hours later it appears that, at least this time, my little theory was right. Down it went

Thanks you so much

If you like you can download the indicator I use for this chart from post 1

Jan