Market Profile Discussion
- Thread starter fbutera101
- Start date
Sample of the Cisco service: http://www.cisco-futures.com/vgexplain.htmlx Run your cursor over the chart for commentary.
Our firm uses MP all the time b/c our boss used to use it to trade bonds. I wish I had the mastery of it that bolter did though.
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 shifting balance areas as well.
I use previous day(s) levels to trade and my levels update as the day goes on.
I use previous day(s) levels to trade and my levels update as the day goes on.
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.
http://www.linnsoft.com/profiles/
http://www.cbot.com/cbot/pub/page/0,3181,1168,00.html
http://www.instituteofauctionmarkettheory.com/index.cfm
....these are the main MP references and tools I know of in addition to the Cisco material.
http://www.cbot.com/cbot/pub/page/0,3181,1168,00.html
http://www.instituteofauctionmarkettheory.com/index.cfm
....these are the main MP references and tools I know of in addition to the Cisco material.
It seems this bolter charactor had quite the knowledge. I guess I'll have to go through that old thread.
Don't forget Mind Over Markets by James Dalton. It is, after all, the bible. 