Buy the Volume Profiling course here:
axiafutures.com/course/the-ar...
In this trader training video Richard takes a look at Market Profile and poor value areas. He looks at examples in Cable (GBPUSD) & Dax. He then shows an example of what is not a poor value area in the Bund. What are they? What do they mean? How do you trade around them:
1. Visually quite obvious (which you can see on the chart)
2. Flat edged profile in terms of TPO (Time Price Opportunity) and volume - typically quite wide
3. Not to be confused with a trend day
4. Value has not been accepted anywhere indicating auction hasn’t finished in that area - more
Trade likely to be done in that area
5. Shows a lack of conviction on the day of creation
6. Implication: reactive trade from edges of value due to limited reference points to trade from
Learn more about our 8-Week Career Trading Course and get 3 Mentored Trading Lessons FREE:
AxiaFutures.com/lp/Career-Tra...
All of our traders use TT for fast and efficient execution on the DOM.
Try the TT platform free for 4 weeks:
www.TradingTechnologies.com/t...
Axia Futures engages in Developing World Class Traders Globally.
Follow us at:
Website: www.AxiaFutures.com/
Facebook: / axiafutures
Twitter: / axiafutures
Instagram: / axiafutures