my understanding is that a p- shaped volume profile is actually
a bullish pattern( and a b shape is bearish). Im actually
quite new to volume profiles and we dont tend to use them too much
here at BPT, but here's a link with an explanation:
https://ninjatrader.com/blog/understanding-the-4-common-volume-profile-shapes/Like
I said, I'm new to this type of analysis so I dont have any
experience with it.
A "P" Profile on the
Posted by steve on 26th of May 2022 at 06:45 pm
A "P" Profile on the SPX on the chart below is not indicative of a strong continuation pattern with most volume right into supply. Be mindful
hey steve- my understanding is that
Posted by pep8261 on 26th of May 2022 at 11:58 pm
hey steve-
my understanding is that a p- shaped volume profile is actually a bullish pattern( and a b shape is bearish). Im actually quite new to volume profiles and we dont tend to use them too much here at BPT, but here's a link with an explanation: https://ninjatrader.com/blog/understanding-the-4-common-volume-profile-shapes/Like I said, I'm new to this type of analysis so I dont have any experience with it.
Yes and the origin of
Posted by brophy on 27th of May 2022 at 08:52 am
Yes and the origin of profile trading is the Market Profile, the one the purists of that format use.