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It depends what you are drawing them for. Bored weekend entertainment? Sure they are fine. For actual trading, as others have pointed out, there is too much data going back to the time when get rich quickers ruled BTC price movement. Now you have much larger entities like Grayscale, MSTR and...

The above generalizations are like propaganda for 5 year olds. Nobody with any intelligence is going to accept your statements. California IS strong (Sig already pointed that out) California tech workers are NOT moving to Nebraska they are moving a few hours from the Bay Area (ask any CA...

$150 Million+ Recovery process begins... https://thedailychain.com/crypto-industry-helps-recover-funds-from-kucoin-hack-exchange-to-cover-losses/

Will be interesting to know how much they were hit for.

Fiverr Profile Name: Xanadu_Secret_Sauce_Holy_Grail Location: Israel, Pakistan, China, Nigeria Skills: Having people pay me to back test their trading system and then stealing the ones that contain Alpha

Volatility exists to transfer resources from the weak to the strong.

Did you get a print out of your wire? Does it show the 'For further Credit to segregated account bla bla bla'? If yes, just take a photo of it and email it to AMP. If not, you or you bank did not follow Amp's wiring instructions. If you did not get a print out of your wire then this is a...

In support of Volpri's position on averaging-in, here is a screenshot of my ES (averaged-in) scalp system trades for today. Sometimes one position, sometimes two positions, one time three and one time five. Each individual trade does not have a stop but there is a max loss amount that will close...

Yesterday's HOD/LOD, the night market/globex high/low should be marked on your chart if you are a discretionary trader. There are always stop and limit orders above/below these levels. They are the low hanging fruit. As the market searches for liquidity the closest of these levels to the RTH...

I am "They"

That's Market Profile. Many traders who use market profile or volume profile charts use them in conjunction with the tape/time and sales data. As price trades into a previously accepted or rejected price level they will focus in on the tape for certain behavior confirming the expected reaction...

That is Volume Profile with Bid Ask Delta. It is built on the "Tape" or "Time and sales" data.

That's because all they had was the ticker tape, now we have time and sales, thus the different terminologies. (I refer to myself as a systems trader, but now I am told I am an Algo Trader) The ticker tape was just the time and sales of the time and they still used that info to build charts...

You do realize that you are just posting snapshots of "time and sales" data and stating that its not "time and sales"

Yes

Its because I have wasted way to much time down the MP and VP rabbit hole.

What you are referring to is Volume Profile and the segmentation of it through time. It is the offspring of the original market profiling technique developed by Peter Steidlmayer. Market profiling developed by Pete Steidlmayer initially started with him simply marking the vertical range of...

Not necessarily. At the open we see there is always a flurry of volume but price may not spend much time at that level, similarly at the close. That's why many Market Profile purists discount it or don't look at it at all. It is not required to view the two way auction or acceptance and...

Just for clarification, Market profile is not based on volume. It is based on the amount of time price spends at a specific level.

As far as not working, people who say that might be referring to data feeds where time and sales data is aggregated into snapshots vs trade by trade data building the volume bar. You can put Constant Volume Bars on different platforms with different data feeds and they will all be a little...