Friday 28 September 2012

What's Better Than A Banana Split?

Yesterday's Market profile chart of the ES shows how clearly it's possible to spot order flow as value changes. The key is splitting the Profile into distributions. Apart from the "obvious" support and resistance, the Profile is talking to me and showing me what "they" are doing. Yesterday, whatever news was thrown at the market, "they" just kept on buying.



Traders tend not to use all the info there is the Profile. People somehow focus on the mechanics rather than what the Profile is showing in terms of underlying market activity.

2 comments:

  1. jenrique

    porque hay comentarios que no me publicas? no lo entiendo

    ReplyDelete
    Replies
    1. jenrique, they are there now. I've not looked at the comments and missed them.

      Delete