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Old 05-13-2008, 11:35 AM
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Join Date: Mar 2007
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Re: Es - 2008

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Depends if there is value there. Some days you might find value on 30mins, some days it might on 2 and half hours and so on. You've got to watch keep on watching the market throughout the day, looking for value to be formed and for the market to trade away from it.

The key is to have sound fundementals of auction theory and the profile. This will give you flexability, which in turn will make you a better trader. There's no set rule that you can only trade on one time frame. Thats the beauty of market profile, the fact that it lets you watch the market as a whole.

I'll post the trades for today when i'm finished.
How do you differentiate range extension from 'the market trading away from it (value)'. Thanks.

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