Time, Price And Opportunity: Learn To Trade Market Profile
- 1 hour on-demand video
- Full lifetime access
- Access on mobile and TV
- Certificate of Completion
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Try Udemy for Business- Learn all the necessary skills to organise data presented by market profile and execute successful trades.
- Have access to a TPO tool, available on Ninja Trader, MT4, Sierra Charts and CQG
- No prior experience necessary
This course has been developed for anyone who wants to go straight into the world of Prop trading and doesn't necessarily want to waste time with the retail trading strategies that are archaic and used only by the vast majority of non-professional traders that have proven largely to be unable to make a return, yes not even 0.0001% rather they lose money. So you have to ask yourself, why?
The TPO course focuses on giving you a clear understanding of the auction process that happens in all market places regardless of the asset class or derivative. So you can stay in the hear and now.
What is TPO?
It is the starting point for developing market profiles and graphically represents the market as separate auctions allow the trading to have a more dynamic and current picture of value perception without any other information. Time Price Opportunity, simply means Time regulates price, thus presenting opportunity. The concept is also known as Market Profile.
Developed by Peter Steidlmayer in the 1960's for Traders in the Chicago Board Of Trade, to have an easier graphic representation. It is the number one professional tool used by 95% of professional traders. Available in all professional platforms, including Ninja Trader and CQG. Pros don't play without it.
This superior approach to trading is endorsed by The CME and other futures exchanges. Retail FX brokers and the likes will not publicise this method through their traders because they know they will stand to lose a lot more if you start trading like a professional prop trader.
What to Expect?
The course will give you a know holes barred approach to learning market profile and presents you with a more than foundation knowledge on true technical analysis. You will expect to delete all indicators and ignore all forums and switch off all educator emails as you immerse yourself in the world of professional trading.
This course creates the foundation you need to finally learn how to develop your own trading style using the concepts you learn that are shockingly straightforward and jargon busted. It is possible you may have doubts but the reality is, that if all the professionals trade with market profile, then you are clearly on the wrong path following anything else. When one deals with money in speculative markets, a certain degree of absolution of path is necessary, it only takes one mistake.
I hope you enjoy this short course, I also hope I change your life if you are struggling in this field or you are completely new. Thank you all. Please remember to check out our other courses, especially our follow on advanced market profile courses, DOM central order book for futures and stock traders and our volume courses that compliment what you learn here. Any questions you can DM or talk to us on Discord, please check the resource section of the first module for access.
Note: Those downloading the free MT4 Market Profile tool should check the resource page, you can also get the tool on our Discord server. You may have to wait for password activation, please email your MT4 number for activation, on installation please ensure allow DLL is checked or the validation won't work till it is. Thank you...
- Anyone who wants to Learn professional Futures, Stocks and Currency trading
The focus on the lecture is getting the new trader to grasp the basic principles of Time, Price opportunity and how to use the TPO chart. It is a short and concise program that focuses on the most important aspects and doesn't draw out points uneccessarily.
Outcomes
- You will be able to access rotation and observe acceptance.
- You will learn to setup your own TPO chart on any asset class.
In this lecture we begin to break down the core principles of trading strategy with market profile. The initial balance is most important in non-24 hour markets and presents some very interesting trading opportunities. It is the first step to understanding auction market mechanics.
Outcomes
- You will learn how the initial balance work and it's significance in trading.
- You will be able to develop strategy by using the initial balance.
- You will understand why it is most effective when trading stocks and other exchange based markets.
This lecture will focus on the dual states of every market. How to really identify a balanced market and imbalanced market and the best way to trade them. Most new traders and experienced alike lose money solely because they misjudge the market state.
Outcome
- You will understand the professional trading concepts of balance and imbalance in the context of Market profile.
- You will be able to anticipate what kind of market the day or week will likely present, thus risk manage and strategize accordingly.
- You will be able to combine knowledge of the Initial Balance and market state to improve your money management.
By this lecture you are now forming a very good understanding of Market Profile and you are almost ready to start experimenting with your new found knowledge. Every Prop trader and hedgefund manager has been through this journey. This lecture we focus on statistical value perception and will help those who also wish to program strategy to have a solid base to start coding from.
Outcome
- You will understand the importance of value perception and turn that into real money.
- You will learn the 70% probability trade famed in prop trading firms globally.
- Understand how to anticipate future market direction based on subtle value changes.
By this point in the course you have been focused on short-term activity. This lecture will now introduce you to the impact on longer-term activity as observed by the Profile. This longer-term activity arises out of extreme inefficiency in the market and presents a golden opportunity for the patient trader.
Outcomes
- You will get a good grasp of longer-term activity and how this changes the market.
- You will be able to separate the two types thus avoiding fakeout's, a common problem based on poor understanding.
- You will develop more confidence in holding positions based on profile understanding of activity.
This is the final lecture, at this point you should have an excellent grasp of Market profile, you should be able to combine concepts, build unique strategies and find various different market inefficiency that will improve your probability of success immensely. This lecture will introduce to the arena portfolio asset management that attempts to marry the short-term auction with the long-term auction with a view of determining value for an entire quarter or even year, in some cases 5 years if the data can be acquired.
Outcome
- You learning will be complete and extended to longer-term auction frameworks.
- Anticipate possible long-term market crisis, that could trigger major invents.
- Manage long-term portfolios in multiple asset classes.
- Become a complete trader in Market profile.