EDUCATION HUB

Market Profile one time framing higher Market Profile charting uses letters to denote time periods. The letters are listed over the range of prices covered in any given time period. One aspect of this charting is that it allows one to see what buyers and sellers viewed as value areas easily. On trending days, days when higher time frame buyers or sellers enter the market, it is easy to recognize the day for what it is, since each period low is higher than the prior period low

AMD gap up on News October 8 AMD gaps up on news. There was a huge bull bar followed by another with a tail and a 2 bar consolidation. Note that this was a very strong bullish day. But also note that at the consolidation (30-40 minutes) the stock did not go higher. It finally broke higher, consolidated again, tested the break level almost exactly, then went much higher for 2 hours. There was a gap between the lows and the moving average. This was a strong day. But the buyer

Oct 14 The market opened down 500 from the close on the 13th. The first move is a test down. You have a down bar, up bar combo, and then the market trades up. Brooks describes a high likelihood that down up combo large bars can trade higher. A good trade here would have been to go long above the first bar high on a stop. You might choose to exit after the bar closed at the moving average. Once the next bar close above the average you could re enter, or do so after the pullbac