04-12-2007, 11:27 PM
|
#3 |
Join Date: Dec 2006 Location: Melbourne, Australia Thanks: 2
Thanked 9 Times in 6 Posts
| Re: Market Profile and Equities?
Yea i'm in my 1st year of trading stocks now and so I havent made gigantic amounts of money to be able to afford all the best platforms out there so I rely on EOD data etc. I plot the days course of sales data into excel and use it to do a very rudimentary MP of the days action. I combine it along with daily and monthly pivot points along with volume action to get an idea of how the day or week will go cause atm im just swing trading. It work's relatively well but I don't trust the data that comes out of equities markets as much cause they're much more open to manipulation.
|
| |