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Old 04-04-2008, 11:56 AM
namstrader namstrader is offline
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Re: Market Profile Picture of Yesterday's Value Range Projection

Again today Friday, using the value area yesterday thurs. of 12661 to 12577, I find a likely, haha, low or high price in the morning session and then if I project this price with adding the yesterday value range total, I then can sense a possible target to keep in mind. So with a value range of 84pts. and added to the low of 12524, I get a projected target completion of 12608. Hit. Take a contract off or go kiss something cause it magically happened.
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