文档介绍：Reprinted from Technical Analysis of STOCKS & COMMODITIES magazine. © 2002 Technical Analysis Inc., (800) 832-4642,
TRADING TECHNIQUES
IN THEORY
The concept of Market Profile stems from the idea that
Market Profile markets have a form anization determined by time,
price, and volume. Each day, the market will develop a range
for the day and a value area, which represents an equilibrium
Basics point where there are an equal number of buyers and sellers.
In this area, prices never stay stagnant. They are constantly
diverging, and Market Profile records this activity for traders
to interpret.
Every off-floor trader would like to get a feel for how things Market Profile is based on the normal distribution curve,
really are on the exchange floor. Mastering Market Profile wherein approximately 70% of the values fall within one
may help you get it.
DISTRIBUTION CURVE
by Jayanthi Gopalakrishnan
Prices
above
orried that you’ll never be value
able pete with the
floor traders? After all,
they’re right there in the VALUE AREA
middle of the action.
Volume Where 70%
W They’re privy to inform- of trades
ation that off-floor traders PRICE take place.
see late or maybe never.
Once you start using
Market Profile, however,
you may find yourself with Prices
more information than the below
floor trader. No longer will value
floor traders,