
Explore market profile theory by using TPOs as tiny slices of a 30-minute bar, plotted with price on the y-axis and TPOs on the x-axis, forming repetitive patterns.
Identify day types as trend days or non-trend days, with 80 percent non-trend and 20 percent trend days. Trend days offer clearer highs and lows; non-trend days require caution.
Draw a market profile using a spreadsheet with 30-minute time slices and prices sorted in descending order, starting with a TPO column and squeezing the letters to the left.
Learn capitalization conventions for 24-hour markets and apply a consistent case pattern. Understand minimum price changes and contract specifications, including E-mini S&P at 25 cents and crude oil at 1.
Master market profile terminology and key concepts from market profile theory, with multiple examples to recognize definitions intuitively through practice and drawing a profile for your market.
Explore the initial balance, or opening range—the first trading hour when major market participants drive activity and volume surges, as shown by a trendy example and by an untrendy example.
Identify clear one-sided trends and enter with a moderate order. Place and trail stops at extremes as profits develop, and decide on overnight holds or market close.
This course gives you a strong foundation to trade any market with market profile and practice manual profiling until it becomes natural; trading is a lifelong journey with mentoring available.
In this course you will learn the most important concepts of the Market Profile such as: Point of Control (POC), initiative and responsive activities. You will learn to spot single prints and buying or selling tails and how to apply them in your trading. The course provides various practical examples of trading ideas initiated via the Market Profile. In addition you will learn to identify value and trade any market (Stocks, FX, Futures or Crypto).
After finishing this course, you will be able to trade any market and apply every concept daily. Prices and markets never repeat themselves (every moment is unique), but Market Profile structures do repeat themselves each and every day. You will learn the most important structures and with some practice and experience you will be able to classify any market as one of the standard Market Profile modes.
Most of the Technical Indicators are just derivatives of price. They are calculated from prices and lag behind the true momentum. The Market Profile, on the other hand, is a transformation of price, thus has no lag. Essentially, it is just another way to represent and look on the data. It is widely known that most of the traders lose money, thus using the standard tools (such as Technical Indicators and simple charts) will probably place you with the majority (of losing traders). By sticking to the outlier data visualization approach, you are placing yourself with the minority (of profitable traders).