Bounce in EURUSD from VAH to the tick. But I manage to miss it, oh well.

Trading CFDs and Forex with Market Profile and Supply/Demand

So back to trying to locate a swing trade. I will turn to Market Profile Value Area to see if I can find a good confluence between a supply and VA. And here it is, supply that overlaps VA and a weekly pivot is lurking right under. Multiple ...

Trading CFDs and Forex with Market Profile and Supply/Demand

Daily shows a strong uptrend with recent daily supply not even touched. That means I need to look for even lower timeframes to try and get in on a swing. Currently, price has fallen into a newly formed weak demand with meandering movement away, so I ...

Trading CFDs and Forex with Market Profile and Supply/Demand

A setup is emerging in XAUUSD. XAUUSD Trend analysis: Primary and secondary trend both down. I believe in the longer term this instrument will end up at 1187, but not before it reacts to 1208 demand So I'm looking for a short setup again. Why is are ...

Trading CFDs and Forex with Market Profile and Supply/Demand

To the tick Value Area High rejection - typical play in super-bullish instruments

Trading CFDs and Forex with Market Profile and Supply/Demand

Nasdaq100 Analysis: In a strong uptrend Wall St opened above Value Area, although still inside Fridays range (the very top though). Balance from Friday still shows strong buyers, overnight inventory is long. Now I look for demand confluence around ...

Trading CFDs and Forex with Market Profile and Supply/Demand

Oh also forgot to say according to Jim Dalton, MP should be generated through 30 min period - so only 30m candlesticks for MP calcs.

Trading CFDs and Forex with Market Profile and Supply/Demand

Can I suggest you change the MP to only Wall Street trading hours? Pro traders never use 24-hour profile as those values will be wrong. POC on spot market for GBPUSD is 1.5404 for the overlap from Fridays trading. You only need the active trading ...

Trading CFDs and Forex with Market Profile and Supply/Demand

Let's see where we are on GBPUSD in relation to Fridays Value Area. For now, prices have fallen below Value, but since it's not Wall St open yet, some patience is required to see where the open happens. It's a small Value Area so even if we get an ...

Trading CFDs and Forex with Market Profile and Supply/Demand

Not just yet, EU is waiting for fundamental news at this point, so in case of game-changing events, technicals won't work. Any trends in force are usually a sign of some sort of fundamental reason that kicked the trend off. Therefore if we didn't ...

Trading CFDs and Forex with Market Profile and Supply/Demand

And to further explain the VAH: Since price opened above Value at Wall St, indicating acceptance of these higher prices, I am looking to a rejection from VAH - a bullish engulfing and follow-through higher, if we don't run out of time this Friday.

Trading CFDs and Forex with Market Profile and Supply/Demand

And finally let's have a look at a 30 min chart and see where Wall Street opened, to determine if higher prices are still being accepted. Sure enough, Wall St opened above Value. This is a realtime chart, so lets observe what happens in the next ...

Trading CFDs and Forex with Market Profile and Supply/Demand

So now that you know what a Value Area is, let's have a look at where GBPUSD value area is on H4 chart: Green lines are VAH and VAL Orange rectange represents Value area on the day Blue rectangles are demand Green rectangles are supply

Trading CFDs and Forex with Market Profile and Supply/Demand

Once you have the Value Area from the previous trading day, Wall Street open can bring about three things: 1. Price opens above value 2. Price opens inside value 3. Price opens below value Each of these conditions give you a clue on market sentiment ...

Trading CFDs and Forex with Market Profile and Supply/Demand

By calculating a Value Area in relation to the previous days trading, you can see the sentiment on the day and use Value Area High or Value Area Low with some Multi timeframe analysis for confluence, I like H4-M30 combo - to get in on the swing ...

Trading CFDs and Forex with Market Profile and Supply/Demand

GBPUSD Daily chart: Ok, still time until we reach that Daily supply at 1.5560. Now you know the following facts: - Trend has turned and you have a trade direction - long - Still plenty of time before the price reaches next supply So now what? How to ...

Trading CFDs and Forex with Market Profile and Supply/Demand

GBPUSD Weekly chart: 3. Secondary trend is up - visible on Weekly and thanks to the reaction from Monthly demand 4. Uh-oh - we've missed the move and the turn is already on the way, now what?

Trading CFDs and Forex with Market Profile and Supply/Demand

Let's do a GBPUSD analysis. Starting with a top down approach: 1. Monthly chart - downtrend 2. Note where last reactive S/D zones are. In this case price hit a Monthly demand after a long-ish downtrend and the trend has now turned as there's a ...

Trading CFDs and Forex with Market Profile and Supply/Demand

S&P500 Update. Some value in short positions. Look for a fall inside Value after Wall St open. If the price holds below 2061 on a 30 min candle close, expect to see at least 2051, possibly even 2047.

SPX and DAX - CFDs are the place to be