This is a valuable tool that I have been testing out for the last few months. Learn about it here:http://www.earnforex.com/forex-e-books/forex-market/Market_Profile_Basics.pdf
Below is an example on how you could have used it on GOOG:
No Trades So Far
Hey Julian,
ReplyDeleteI thought you were an auction market theory trader via the use of Market Profile. Now I see indicators and fibs on your charts and in your commentary. Why the change? Don't get me wrong, its okay to make changes, but I was surprised to see the change.
David
Hi David,
ReplyDeleteHaha yes, I was waiting for someone to catch that : ). AMT is still my main way of trading. I was just testing indicator trading for stocks in the swing trading time frame. The reason for this is because, everyone looks at the 50 and 200 day moving average. So yes, I am still trading AMT and trust me, its going to stay that way. Its funny you post this, as now that I have more time to trade, I will be posting AMT trades on here. Initially this blog was to test out this swing trading strategy, but now I will revert back to posting regarding AMT. I am not switching through lack of success, I am switching because of more success in AMT.
Julian :)
BTW. I will soon be posting more vids on my youtube channel at jul062596, and Ill make a blog post later on today, explaining it.
ReplyDelete