Traders Laboratory - View Single Post - Market Profile Key Terms
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Old 05-31-2007, 03:14 AM
Jakew Jakew is offline
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Re: Market Profile Key Terms

Great review of terms and a great chart. I wonder if the opening balance couldn't be defined based on the first 30 minutes of trading, just like TPOs. Isn't it true that S&P tends to choose it's direction for a couple of next hours of trading around 30 minutes after open? (the last hour of trading might change the direction again)

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