Recent content by oldfloorguy

ok heres my general view 1. whether you look at bars, candles, renko, point and figure of MP they are all looking for something to tell you what the market is doing correct? The difference with market profile and those other charting techniques are subtle but the major difference is in the...

Here are my levels of interest in each product I trade. Here is my basic logic about how i use the levels: I donot look for these levels precisely i watch the market coming to those levels look for the market to show signs of slowing and pausing in the area then I enter my trade...... ONCE...

Market profile to me is a structured based way to look at the market not an indicator which are based off of some moving average etc..... It is a common sense approach to the market and what the market is trying to do. I only was introduce to it a short time ago but have become reliant upon it...

does anyone in here use market profile?

Well if you look at my last post and the attached chart the lines representing resistance and support definatley work so I dont wanna hear anyone say that Market Profile doesnt work I dont trade over night sessions and the 125'02 was the low for today and wow the 126'04 was 2 cents off the high...

If any one wanted to see if that was the real level you can actually see the post of all my levels including the top of the bonds today the chart showing my levels is posted in the so noone can tell me MP doesnt work I bought the bottom and sold the top today heres the link and you can see the...

I use market profile to get my daily levels of resistance and support. I use my levels l trade my levels a little different than most people trade any type of level. I identify my levels as a general area and then only trade them the first time they are touched and then do not use them...

I am actually looking to see if there are any services that provide daily research and news letters of support and resistance based on Market Profile. I am not interested in any services that offer macd, rsi, adx etc. these have and can be proven with back testing that they do not work.

maybe market profile is useless to you because just like your dick you dont know how to use it. The simple trading of just value area hi's and lows are the basics thats it the basics. Market profile should be used for indicating market structure and where there stucture is failing or...

Looking over this thread and reading people say that market profile is not good etc. is mind boggling to me. I traded on the floor or 2 exchanges and when that game dried up and turned into an electronic venue I moved with it. It was a very humbling experience until I came across market...

Anyone here know any services that offer market profile resistance and support numbers

Problem is for new traders it takes time to see the setups in real time you can always see them after the fact

Does anybody care that the brokerages are borrowing more and more money from the fed....I don't know if thats a good thing any thoughts