Short Term Traders can be long out of 2500. Look for 2577 then 2692/2725. A break above 2725 could lead to significant upside. Cover if we build value below 2480.
EURUSD Price Distribution
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Market Profile required separate subscription for eSignal. That’s a reason they block any indicators written for Price Distr. But it can be easily reproduced by excel or any other charting programs.. most of them have Price / Volume Distribution indicators included in standard package. Get a trial and see if Profile works for you.
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Caution Warranted Here
Caution warranted at this level
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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 with exact stops and targets.
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 with exact stops and targets.
Ali Son wrote:TradetheChart,
Can you please elaborate on your methodology? Looks interesting...something old, and something new...original application.
And, what platform besides TS, are you using?
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