Market Profile ®
What is Market Profile ®?
Market Profile ® is defined as the study of price and volume over a period of time. Market Profile ® charts depict volume horizontally, as opposed to vertically, which is how most charts and platforms show volume. Market Profile ® illustrates price development, how price is moving, and the amount of volume trading at a particular price in real-time. It can also show a composite representation of price movement and development over a specific amount of time.
Why use Market Profile ®?
It is imperative for a trader to know and understand Market Profile ®. Recognizing how price is moving and developing in conjunction with volume will assist traders with placing high probability trades. A composite presentation of the Market Profile ® presents a detailed history of price movement and development. This gives traders additional information when attempting to identify long-term, intermediate-term, and short-term trends to trade with. Additionally, Market Profile's® horizontal representation of volume is crucial in identifying major areas of support and resistance, which trades are taken against.
Market Profile ® and Trading Advantage™
At Trading Advantage™ we believe that Market Profile ® analysis is an integral part of a trader's analytical arsenal. Our intensive training programs focus on bringing techniques like Market Profile ® studies into real, tangible trading indicators. Merging multiple techniques and trading philosophies, like combining the principles behind Market Profile ® and the Value Area, are trademarks of Larry Levin's blueprint for trading success.
*Past Performance is not necessarily indicative of future results.
Market Profile ® is a registered trademark of the CME Group.