Kreslik.com - traders community since 2006

UPDATE: As I stated below a few days ago, we are now at the 2725 level and it is a key. I have taken profits here and will wait to see which way we go from here. I am tempted to set up shorts, but will wait to see how value develops up at these levels. I will update this weekend with an outlook for ...

Rumpled One,

The indicator is included in Tradestation's default listing. It is not market profile. It is price distribution. TS does not support Market Profile.

Click on "insert analysis technique" and select the tab "activity bar". You will see it listed.

Ali Son, While I respect your question, whether or not I made any decisions based on these charts is really not important. SOme of these charts are in fact long term, some are short term in nature. My purpose in posting these charts is simply to give traders additional perspective to consider when e...

UPDATE!!!

tradethechart wrote:Caution warranted at this level

I like puzzles. This one needs a bit of explanation. It is just a fun game, not a sound trading tool. I like to check on this from time to time to see how it is playing out. :D Since I have no idea about EWave or the like, I do this... A price extension projection needs 3 points. I know point 1 (the...

Throw in a little gold for good measure.

Commodities may hold a key over the near term. This one is almost tradable.

Ali Son, My methodology centers around "value". I watch price distribution around key levels and make trading decisions. I am not a market profile guru or anything. I like to keep things very simple. I work on zones or value areas and not exact numbers. It is far too difficult to trade wit...

Sometimes, all a trader needs is to see things from a different angle (pun intended). A chart, an idea, then the lightbulb comes on and an idea arises from his/her own methodology and knowledge of the markets.