Australian (ASX) Stock Market Forum

Price by volume vs. Market profile

53ED6917-22DE-4BBA-9373-6A2E9219BB52.jpeg 17322636-67EE-4DA3-B3F8-8E23BD874343.jpeg A range profile based on the current long term range and another with the range profile and the yearly TPOs and volume profiles....
 
Thanks W.
Most software will do a volume profile which seems to give similar shaped distributions to market profile.
Thanks for that CanOz.

The aspect that I liked in the Mesch presentation was the ability to specific any time frame for the profile. So we can find the last almost completed Bell curve and get ready for the directional move, trade it and then look for historical context to indicate the next type of opportunities.

I liked the structured process which I think is essential to trading consistently.
 
EB868FC4-61DB-4F3C-809B-B2043142AD5B.jpeg Copper, getting very "ripe".....
 
Copper, getting very "ripe".....
Without the MP it looks to me like a distribution stage in the greater down trend. From what I gathered in the CQG/R. Mesch video, the new trading range could be 2.97 to 2.83 using the longer term low activity range. ???
 
Makes sense doesn't it Wys...Also a stronger US dollar, pressure on EM means less growth and less demand for industrial metals...
 
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