It's something I have used to trade from time to time as a
daytrader. This is actually software I helped to develop. As I said
the market profile shows a microscopic, tick by tick, look at the
trading of your instrument, in this case, the ES futures. The
profile shape offers details about the market direction. Has the
trend ended, are traders getting too short? too long? etc.
Sure thing. And thanks for your work Steve, but could you offer
more details on why you think inflation may be peaking? What I am
seeing/experiencing doesn't seem to indicate that. Thanks
First thing is the action of the commodity stocks - they LEAD
commodities. Next improvements in supply chains. Last
demand destruction fully underway with LT rates moving up rapidly -
just look at housing and home stores. One wild card is the
ongoing war and FOMC.
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Very interesting - you almost
Never fails...
Posted by crossharry on 22nd of Apr 2022 at 07:13 am
Very interesting - you almost never see market depth analysis and I know nothing of it - could you elaborate further please?
It's something I have used
Posted by brophy on 22nd of Apr 2022 at 08:15 am
It's something I have used to trade from time to time as a daytrader. This is actually software I helped to develop. As I said the market profile shows a microscopic, tick by tick, look at the trading of your instrument, in this case, the ES futures. The profile shape offers details about the market direction. Has the trend ended, are traders getting too short? too long? etc.
Jim Dalton is the master
https://jimdaltontrading.com/what-is-the-market-profile-2/
Thanks for sharing
Posted by steve on 22nd of Apr 2022 at 08:19 am
Thanks for sharing
Sure thing. And thanks for
Posted by brophy on 22nd of Apr 2022 at 08:36 am
Sure thing. And thanks for your work Steve, but could you offer more details on why you think inflation may be peaking? What I am seeing/experiencing doesn't seem to indicate that. Thanks
First thing is the action
Posted by steve on 22nd of Apr 2022 at 08:58 am
First thing is the action of the commodity stocks - they LEAD commodities. Next improvements in supply chains. Last demand destruction fully underway with LT rates moving up rapidly - just look at housing and home stores. One wild card is the ongoing war and FOMC.