Hi, I am looking to using market and volume profiles in my strategy to get more confrimation on the trades I am taking. Please can anyone share some info on how they would recommed using these tool? Thanks
Start with fixed range volume profiles around key levels — they help spot strong areas of interest. Combine with price structure and keep it simple at first.
Start with fixed range volume profiles around key levels — they help spot strong areas of interest. Combine with price structure and keep it simple at first.
When I build profiles I anchor them to session opens and major news impulses, then track acceptance vs rejection around prior value and the POC. My simplest rule: fade single prints back to value only if VWAP agrees; otherwise I expect continuation and look for pullbacks into low-volume nodes