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The big problem with MP is that it's so subjective and the things that are objective (like time period & value area percentage) are completely arbitrary. |
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As opposed to what? Purely mechanical trading? The power of MP is that it is not an "objective" setup that will fail by the time the book has been published. Its nothing more than a way to frame price action, how you trade it is up to you.
From that profile posted, to me you have a balance area, then an auction down to a lower balance area. I would be looking to fade a failure of price to move back into the previous balance area or looking for a breakout at the bottom of the current balance area. You obviously need something more for the actual trade location than that but its a good way to frame the overal action.