Market Profile Key Terms

[forsearch]

Originally Posted by stalor455 I use the value area in conjunction with floor trader pivots, combined they work very well for me, does anyone know of any websites where I can find the value area numbers? I like putting the value area on my chart for the next day. Thanks for any help....ST

www.mypivots.com

[Anton]

Originally Posted by ammo i'm self taught in mp,the days picture is a boob, the widest point is a nipple,these nipples when we descend after say a 2 month rise are supports or targets on the way down. Intraday when we make a second boob the cleavage in the middle is a magnet and usually the mrkt will return and fill that area,yesterday there was cleavage at 1362-64 in the es and it went back and fillled in the last half hour. If you take the ytd weekly bar chart and use it to make a very large mp chart,1 week equaling 1 letter, you will see a large gap between 1385 and 1335,85 and 35 both being nips,we will reach 1335 this week as we are backfilling the past,i don't use the 70% value area,see no use for it

Can we be clear please about what is meant?

"Boob"

A "Boob" to me is a mistake, a further derivativer of the word "Boob" is "BooBoo" most often used by an adult when talking to a child e.g. "you have made a booboo". if I say to someone "I've made a boob" It means "I've made a mistake"

[AgeKay]

He's comparing the MP distribution to a female chest. I like it b/c it's clear to everyone what he means when he describes something.

[crabbydog]

Originally Posted by Anton Can we be clear please about what is meant? "Boob" A "Boob" to me is a mistake, a further derivativer of the word "Boob" is "BooBoo" most often used by an adult when talking to a child e.g. "you have made a booboo". if I say to someone "I've made a boob" It means "I've made a mistake"

boob = female breast in this context. Can be a man's breast usually on a fat man - hence term 'man boob'.

I know there are many female traders about, I wonder if they would use descriptions based on parts of the male anatom, I can imagine what they would use to represent an 'upthrust'

[Anton]

Ok, let's be clear about this word "Boob" This word has nothing to do with breasts.

The word derives and originates from the following etymology:-

boo-boo

• noun, informal, a mistake.

— ORIGIN reduplication of BOOB

boob

• noun
. 1. British. an embarrassing mistake.
. 2. North Amererican a stupid person.

• verb British, make an embarrassing mistake.

— ORIGIN from BOOBY

booby

• noun (plural boobies)
. 1. Informal a stupid person.
. 2. A large tropical seabird of the gannet family.

— ORIGIN probably from Spanish bobo, from Latin balbus ‘stammering’ (as in speech to stammer or stutter).


Boob as Breast, is slang.

[karlrb]

I use the tpo on ibd.

[Midas1]

Soul,

I'm looking for software that will calculate the value area - any thoughts?

[stalor455]

Try Emini Day Trading they have some Value Area add ons & post the Value Area daily

[gasmith7]

Question on the definitions; is the POC the same as the PVP? Is the PVP from the day before or a cumulative over the last wave or month or...? Thank you.