Video review of "Market Profile – A New Way to Conceptualize the Market"

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Rating: 3/5

Many of the greatest traders acknowledge Market Profile played an important part of their development. Market Profile continues to be an integral method for maintaining perspective on the markets. While bar charts (the conventional way of looking at a market) are helpful, a tremendous amount of additional information is available on profile charts. This provides greater confidence in making and managing trades. Many traders use Market Profile to help make trading decisions but Market Profile is also an extremely effective tool for understanding the underlying market.

In this session, Joel focuses on active trading, covering many of the recent developments in the use of Market Profile. He suggests a logical procedure for beginning your inquiry into Market Profile and demonstrates how it is an effective trading tool for any market in any time frame. He also discusses the integration of Market Profile with oscillator studies for greater signal confirmation and trading confidence.

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