Basic Market Profile and How I Use It

The Market Profile was introduced to the marketplace in 1985 by a trader named Peter Steidlmayer and was introduced as a CBOT product. The MP is an intraday Charting technique that takes account of Price and Time and displays this information in the form of a Bell Shaped Distribution Curve, where price is vertical and time is horizontal. It is also called a ‘TPO Profile’, which stands for Time Price Opportunity Profile. Also

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This technique was originally created for Exchange Members by Exchange members. It gave them a new dimension and a more in depth look at price action. They discovered that the bell shaped curve was bigger in the middle than the upper/lower end of the distribution. They called this bigger area the Value Area with its biggest part being the Point of Control. Also

They have since used this technique on a daily basis to discover intraday market moves and areas where the market created value based on the amount of time spent inside a range. Also

This Method Can Be Applies to Stocks, Futures & Forex

“Trading success requires you to have a good method and be a good trader in order to succeed…You can’t have one without the other and expect results!” – SK

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