November 2024

When the market is balancing within a timeframe, there are five potential outcomes. These are known as balance rules. To set a trading bias, we need additional evidence before executing trades at strategic locations. First, let’s define balance.  Balance occurs when the price oscillates within a range, encountering resistance at the upper zone and support […]

In a market profile-based approach, we examine two fundamental foundations to enhance our trading effectiveness. The first is understanding the open type, which provides insight into what to expect and what to avoid during the day to facilitate better trades. The second crucial aspect involves studying day types and their structures to grasp the market’s