Market Profile

J

JGTrader

How many people here that trade futures incorporate Market Profiling as a tool to make trading decisions. The book I am reading makes it look pretty useful but I have also read that it no longer works like it once did.

If so any insight into how you use it?

Just wondering if I am wasting my time learning this tool.


Jonathan
 
Are you reading... Mind over Markets...? Markets in Profile? Steidlmayer on Markets?

If I ever give a useful advice, this would be it.. I wouldn't trade with Market Profile.
 
Mind over Markets!

It was published in 99 but I found the analysis of time to be something few look at and as so a possible edge.

What is it about MP that you don't like?
Is it outdated or unreliable, or to difficult to interpret?
 
Quote from JGTrader:

Mind over Markets!

It was published in 99 but I found the analysis of time to be something few look at and as so a possible edge.

What is it about MP that you don't like?
Is it outdated or unreliable, or to difficult to interpret?
More...


check out the thread "market profile -- who needs it?"
 
Quote from JGTrader:


Is it outdated or unreliable, or to difficult to interpret?
More...

Great way to make money for book writers and chat room operators with all the twists and turns associated with it. But, I think a good understanding of Market Profile can open your eyes to other better strategies...
 
Thanks for the heads up guys!

I wish I would have posted this a few days earlier, before I spent the last few days reading through the book trying to digest all the info. I did a search on ET for it but there was way to many threads with "market" and profile".

Jonathan
 
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