This is a deep dive into the "why" behind the "what." It’s a bit more advanced than your typical candle pattern guide, but it’s essential if you want to understand market structure and auction theory.
3 Takeaways:1️⃣ Price is just an advertisement; volume is the confirmation.2️⃣ The market always seeks equilibrium (the Point of Control).3️⃣ Most breakouts are just emotional overreactions.
Most traders fail because they try to guess where price is going based on lagging indicators. In Markets in Profile , Jim Dalton argues that the market is a continuous auction. Instead of looking for patterns, we should be looking for . Markets in Profile
: Identifies the price range where 70% of the day’s trading occurs, representing a "fair" price equilibrium.
AI responses may include mistakes. For financial advice, consult a professional. Learn more This is a deep dive into the "why" behind the "what
If you’re tired of "noise," it’s time to learn the language of the auction. 📖✨ #TradingStrategy #MarketProfile #JimDalton #TechnicalAnalysis
Have you made the switch from standard candlesticks to Market Profile yet? Let me know in the comments! 👇 #TraderLife #BookReview #MarketsInProfile #FinancialFreedom Walmart : ~~~$58.15~~~ $44.97 Blackwell's : $47.38 Barnes & Noble : $75.00 In Markets in Profile , Jim Dalton argues
"You can manage risk but not return." — Peter Bernstein (via Markets in Profile ) 🧵