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![]() | Beginner To Futures Trading | ||
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![]() | Re: Beginner To Futures Trading | ||
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![]() | Re: Beginner To Futures Trading http://www.surinotes.com/ | ||
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![]() | Re: Beginner To Futures Trading The technical aspects of how market profile is calculated can be quite difficult to understand in a book, so it may be helpful to use this analogy.. Market profile, specifically the value area bracket it produces can be used to increase the winning % of trades when used as a directional tool. for example... If price opens above the value area, one considers this bullish, and long trades are taken if price opens below, we consider price to be bearish, and short trades are taken using this simple barometer as a filter to ensure you are always trading on the "right side of the market" can be an easy tool to help a new trader actually USE this tool to benefit his trading results with winning trades. Beware using VAH and VAL levels as opportunities to take trades, and dont even think about the POC....but that reasoning will have to be another time... hope it helps... Mav | ||
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