Profile- 16/02/11
Following yesterday's annihilation and the breakout from a previous balanced area, the sellers did well to take the initiative off the open. But they were not able to extend the market much below 2IB today. The day low was exactly 2IB, showing once again how market generated information based on price and volume helps in […]
Volume Look
Here's a chart which when studied closely will tell you how to plot moves in the market based on whether the big boys are trading or not. As we all know, when institutional interest is present in the market, the movement will be quick. In Market profile we call this OTF ( Other time frame). […]