Wednesday, 26 October 2011


We are getting bursts of volatility during the European day as the news and rumours come and go. Still no real clarity on what will happen, although Merkel got permission from her Bundestag to do what she wants at the summit.

Often days like this are what in Market profile terms is called a Double Distribution Trend Day. Mixing the action between outside in and inside out trades is necessary in order to maximise the profitability of a day like this, unlike a proper trend day.

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