A traders quest for value in trading based on Price and Volume Distribution. It is about application of Market Profile concepts in trading.
Markets seek value and then move away from value. This quest for value creates asymmetric trading opportunities. This is an attempt to identify asymmetric trade opportunities. Market profile terminology is used without explanations.
Wednesday, December 22, 2010
Recap 22 - 12 - 2010
Open test drive, nice trade, but scatched second half. Later it formed a balance area above previous distribution and broke down. My plan was to go short on retest of VAL which never happened.
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