EURUSD Price Distribution

[Ali Son]

Thanks for the reply tradethechart,

But how are your zones set up like that, stacked on top of each other like that? What kind of overlay are you doing to find these value areas?

[tradethechart]

UPDATE!!!

Caution warranted at this level

[TheRumpledOne]

tradethechart:

Please share/post the tradestation indicators/workspaces for the market profile.

Thanking You in Advance.

[tradethechart]

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.

[rrobin]

tradethechart

Thanks For the Info.

rr

[Ali Son]

+1;

How long have you been using it like this? I know it's been a part of TS for many years now, even I though I didn't know where it was and thought much less to use it. Do you have any specific settings you use?

[Ali Son]

Looks like the timeframe you use for this PRice Distribution is monthly and then for lesser intervals you use Fibs?

[tradethechart]

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 next week. Have a good weekend everyone.

Here is an update. Watch the 2577/72 level which we are testing now. If we move above I would look for 2632 area to be tested. A move above here targets 2692 and then 2725. Keep your eye on the 2725 level, stay long above this.

Sorry for my poor updates

[christhlo2]

Hello Tradethechart,

Can you point to me where to find infomation on how to read "Price Distribution" charts.

Thanks!