Method for Learning Market Profile

Posted in CBOT Market Profile®, User Tips by tharnett on March 14, 2009

As a leading reseller of Market Profile we receive a lot of inquiries about Market Profile®. Many are functionality related and can easily be answered in the form of FAQ or Market Profile® “how to” videos as listed in the list below.

The other type of question we receive revolves around strategy and applying the Market Profile® to trading. Each trader has their own style and methodology, but for those looking to test different ideas and learn Market Profile tendencies nothing is better than using the playback feature built into our Market Profile® chart. Market Profile® is often referenced by traders for the shape it creates and the resulting “day type” or structure it builds. A good book that discusses day types is Mind over Markets. This link shows some other Market Profile® resources we have that provide strategy ideas and basic ways to apply Market Profile®.

You may have your own ideas, but the playback video below will be eye opening and prove to be a great tool for you to test your ideas, known Market Profile® patterns, and key levels established by the market. Pay particular attention to value area highs and lows, high volume levels, and daily highs and lows.

It will be best to click the “full screen” button in the lower right corner to see the best quality.

If you are interested how the letter colors where applied in the playback video above, watch this short video.

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