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Speculator70

Market Profile Crude Oil Analysis Friday 8.08.14

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Great job, Sir, and nice software. What is that?

How do you decide which to follow when there is a great divergence between the mode and the poc ?

 

Cheers!

 

Thank you!

 

volume below time (mode below poc) would warrant looking for lower prices and reverse (mode above time) would warrant higher prices. You can use any market profile software just make sure they track the mode and volume. Other wise it a waste of time.

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Oh! You mean I cannot trade well with only this volume profile that is on my charts? I thought volume is of more weight that time in assessing the direction of an instrument.

 

Thank you!

 

volume below time (mode below poc) would warrant looking for lower prices and reverse (mode above time) would warrant higher prices. You can use any market profile software just make sure they track the mode and volume. Other wise it a waste of time.

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