Profile Chart News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Market Profile indicator is one of the best tools for understanding underlying market movements in a way that is not obvious from traditional charts & indicator

butter extravaganza,” the consumer bought in a frenzy, leaving in its wake a single-print buying tail.  -Jim Dalton, Mind Over Markets The value area is essentially the “initial balance” it’s the area where price has spent the most time and done the most volume. Value areas are always bound to change, but as a generality, price tends to prefer to return to the value area unless significant momentum is present in the opposite direction. The value area is conventionally plotted as the area where roughly 70% of trades took place. This 70% number is taken from the statistical concept of ...