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 […]
Market Balance Rules Read More »
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
Day types – Definition,Structure,nuances and practical approach Read More »
Trading is an art that requires a variety of skills to master. A deep understanding of market open types and identifying them quickly is crucial, especially when learning Market Profile basics. We have explained different day types and how to handle them, drawing primarily from our own observations. It’s important to take the context of
Market open types and the way to deal them Read More »
