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Old 10-31-2008, 02:42 PM   #1

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Value Area Divergence
Hey guys, I’m new to Market Profile, and during my recent studies I noticed a value area divergence that coincides with a volume divergence that happened on 10/27/08 in the ESZ8 daily chart. (See attached)

Is this a common Market Profile signal, and is there already a thread on this that I missed?

Thanks,
xracer



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Value Area Divergence-mp-va-divergence-10.27.08.jpg   Value Area Divergence-es-volume-divergence-10.27.08.jpg  
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Old 11-03-2008, 12:17 AM   #2

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Re: Value Area Divergence
Very nice observation!
And when the low was rejected on 10/28, it was a perfect buy signal.
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