Recent content by fbutera101

Dan, Aside from volume, TIME is a key ingredient to auction theory and using Market Profile, so it's important that you don't discount the aspect of time. Instead, correlate time with volume to confirm each other. If you have tpo's that aren't confirmed by volume or vice versa, then you can...

Yes but I don't believe I can discuss that publicly in the forums on ET. I believe that's against the rules.

Just remember that if you are just starting to learn about the profile and auction theory, make sure you take your time. Spend at least a month or two learning to understand the theory and how to use the profile to interpret it. One of the big mistakes a lot of my students make is that they...

So where do you get a nifty indicator like that?

LOL you're kidding right? An indicator that predicts action? HAHAHA

Absolutely! It's just as useful across the larger timeframe as it is on the day timeframe. I use the profile to dynamically chart an instrument. The long term timeframe really gets put in perspective with a software package that allows splits and merges. The software that only allows you to...

Don't forget Mind Over Markets by James Dalton. It is, after all, the bible. ;)

It seems this bolter charactor had quite the knowledge. I guess I'll have to go through that old thread.

cisco futures is a nice site and is filled with information but I wouldn't recommend using them as a data service. Why not use a software package that has profiles built in? Such as eSignal, Linnsoft, Sierra.

I use it for everything basically. I determine my support and resistance levels from the key reference points. I also observe reactions at the key reference points and have defined certain reactions in which I look to take technical signals to time trades. My trend definition comes from...

Yes. Market Profile is visually representation that depicts volume and time at price. It is the main tool used in Auction Market Theory. It is a fantastic tool although maybe a bit advanced. I first came across it early in my trading career and it was such an obscure topic that I just...

Ah looks like an old threat huh. Was hoping to find a dedicated forum for it. Guess not. Thanks

Not really Ripley. I don't use most of those nice acronyms you posted and there isn't much money in it at all believe me lol. I started my course because a bunch of people requested I do it in the chat room I used to trade in. I think there is a much bigger market for automated systems...

10yrtrader, I totally agree with you. That book totally changed my life quite some time ago as well. That is the first book I recommend to every one of my students. It just about the best $20 you could ever spend on a trading book.

HAHA! I guess that's one way to not lose money eh? Not quite true in my case, but definitely got a good laugh out of it. :)