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Eight Market Profile Day Types for Your Trading Plan
Before you begin to trade using the auction market theory and market profile, it is important to clearly understand the various day types and traders can potentially expect in each situation.
Join Greg Lee of the Emini Trading School for this live webinar as he introduces the eight market profile day types on both Time-Price Opportunity (TPO) and Bar Charts. This online event will also demonstrate the risk to reward for each day type along with what traders can expect for each for the following:
- Non-Trend
- Normal
- Normal Variation
- Neutral
- Vertical Double Distribution
- Trend
- P
- b
The 4 W’s will be addressed for each day type which serve as the “building blocks” for a trading plan:
- 1. WHAT is the market doing?
- 2. WHEN is the market going to go to the projected Market Profile levels?
- 3. WHERE do you see it going?
- 4. WHY are the markets doing what they are doing?
Greg Lee of the EminiTradingSchool has been actively involved in the markets since 1998 when he created an S&P 500 trading methodology. As most traders, he started out using technical indicators, but shifted his focus to market profile developing market profile software for NinjaTrader.
Events presented by 3rd party vendors are provided for convenience only and are strictly intended for educational purposes. Mirus Futures is not responsible for the content of a 3rd party website or their services.