BullBear52x wrote:Volume profile, today we have a poor low, tomorrow or some times this unfinished bizness will be settled, the beauty of market/Volume profile is the target is there but don't know when it could be this week or next week. any how, lots of down side target the closest one is 3754.
After the market close, please explain this a little more. Thanks! .
I am not an expert on this but we can exchange some idea. If someone can post the profile chart. I use TOS. set up: 5 min on Monkey bars, Row height = Custom (1.0), Volume for: All
if possible post 5 to 10 days I can note on few keys area or numbers.
I tried to upload 5min but my capture isn't working, sorry boss
ps: what are "monkey bars" ?
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Looks like we have a measured move up, maybe to test the day high?
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BullBear52x wrote:Volume profile, today we have a poor low, tomorrow or some times this unfinished bizness will be settled, the beauty of market/Volume profile is the target is there but don't know when it could be this week or next week. any how, lots of down side target the closest one is 3754.
After the market close, please explain this a little more. Thanks! .
I am not an expert on this but we can exchange some idea. If someone can post the profile chart. I use TOS. set up: 5 min on Monkey bars, Row height = Custom (1.0), Volume for: All
if possible post 5 to 10 days I can note on few keys area or numbers.
I tried to upload 5min but my capture isn't working, sorry boss
ps: what are "monkey bars" ?
Monkey bars is from TOS chart plat form. originally it is a market profile chart. when you add the volume you got volume profile.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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with this 15min you can see the balanced area or inside day range easily, today it may look like a "P" in market profile (Bullish in nature) on the other hand when looking at volume profile you will see there access on the top with poor low. 5 min will see better for what I am saying.
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Last edited by BullBear52x on Mon Jan 25, 2021 4:46 pm, edited 1 time in total.
My comments are for entertainment/educational purpose only. NOT a trade advice.
I decided not to hold my shorts lot overnight, if we close lower I would but that is not case, slightly bearish leaning but not as bearish to risk overnight shorting on my taste. Peace!
My comments are for entertainment/educational purpose only. NOT a trade advice.
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