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General Discussion Need to take a break? Talk politics, business, entertainment, etc... Anything goes!

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Old 05-10-2008, 10:45 AM
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Re: GPS Trading

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by price and time I mean the acceptance or rejection of price over time. is price trading for a significant amount of time at a level or is it being quickly rejected out of a level.
Thank you for the clarification.

i.e. Market Profile

...which can, and many times is looked at in different time frames. Market Profile is just a statistical representation of a period of time (e.g. a daily candlestick).

However, I would like to add that this thread is posted in the "General Discussion" section and was meant to share a fun analogy. If anyone wants to discuss more in depth concepts about lagging indicators, market profile, etc...I would suggest starting a new thread. I would be more than happy to reply.

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