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- Market Profile is an intraday technical analysis process that records price on the vertical axis and time activity on the horizontal axis of a chart. This strategy was developed by J. Peter Steidlmayer when he was trying to determine and evaluate market value as it developed on the daily chart.
www.newtraderu.com › 2021/06/26 › market-profile-explained
Intraday trading chart patterns are a powerful tool for traders, offering insights into market trends and potential price movements. By combining pattern analysis with other trading tools and resources, traders can develop robust strategies that cater to the fast-paced nature of the market.
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Jun 26, 2021 · Market Profile is an intraday technical analysis process that records price on the vertical axis and time activity on the horizontal axis of a chart. This strategy was developed by J. Peter Steidlmayer when he was trying to determine and evaluate market value as it developed on the daily chart.
Feb 8, 2024 · Market profile is a charting tool that helps traders to identify patterns caused by the price of an underlying security over time, which organizes the data by displaying letters. The indicator can be used for all types of tradeable assets, such as futures, stocks, or ETFs.
Mar 8, 2020 · Market Profile concept describes that whenever there is a medium IB range, either Normal variation day or Neutral day can be expected. And this also explains in general that there will be a...
Jan 24, 2024 · Market profile trading is a unique trading technique often used by institutional and retail traders. With the market profile tool, traders get an insight into the relationship between time and price, providing them a behind-the-scenes insight into what’s happening in the market.