Market Profile

Quote from VisionTrader:

I think understanding auction market theory is essential no matter what methodology you choose.

Mind over Markets is an excellent way to begin.

I totally agree Visiontrader.

I really think it helps you understand the nature of markets and why they behave the way they do.

Runningbear
 
Best synopsis of MP are by people I suspect of being non traders

Chapter in Murphy's book is good and concise as is the first article by the lady editor of Tech Analysis of Stocks and Commodities whatever her name is available from the TASC store for USD5 or thereabouts. There is a presentation on the widotrader website and a presentation by Jones and one by Mesch on the ZAP futures site.


If you want to proceed further then it's the Jones book and the CBOT manual and to a lesser extent Stiedlemeyers book.

MP is a good visual tool for getting a feel for what is happeining under the hood - e.g especially with respect to likely breakout points/times and for direct trading of air pockets.
 
Back
Top