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.
Thursday, January 27, 2011
What Happened Today
Well, the rejection happened in the first bar, see the red down arrow, it completed the double distribution from previous day and went down.
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