Shadow Trader – The Market Profile Course

The most comprehensive and complete course on market profile

8 hours of market profile education for profilers of all skill levels

What You’ll Learn In The Market Profile Course

Introduction to Market Profile

• Course structure and overview
• What are markets and what is their purpose? The two way auction that makes all financial markets unique.
• What is Market Profile and what is its purpose?
• Organization of data and value versus price
• The three “laws” that govern all trading
• What is value and how is it calculated?
• Time value areas versus volume value areas

Part 1 – BASICS

• The importance of framework and signposts
• Market profile charts versus traditional candlestick charts
• Why market profile can be used on anything but is especially powerful on futures charts
• Separation of overnight distributions and Regular Trading Hours (RTH)
• The TPO: Time Price Opportunity and the building block of market profile
• The elements of market profile: RTH Open, RTH High, RTH Low, Settlement, Halfback, Overnight Open, Overnight Halfback, POC, Prior POCs, Value Area, VAH, VAL
• Single distributions versus double distributions
• Single prints
• Letter “p” and “b” formations
• Prominent POC
• Excess Highs and Lows
• Poor High
• Poor Low
• Lack of material excess
• 45 degree line
• Squat profiles versus expansion of range
• Spikes
• Anomalies
• Value area placement within range
• Volume at price

Part 2 – THEORY

• Overnight inventory
• Balance versus excess
• The 3 Pre-market questions
• Inventory corrections and the concept of old business versus new business
• Shock and Awe
• When should I trade early versus later?
• Gaps and gap fills
• Acceptance versus rejection
• The Power of WWSHD
• Gap rules
• Spike rules
• Balance rules
• 80% rule
• The 3 questions
• Value development and migration
• Expansion of range versus squat profiles
• Psychology of poor highs/lows and how to trade them
• Weak highs/ lows and how to trade them
• Size and comparison of value areas
• Prominent POCs versus less prominent POCs
• POC migration
• How to trade POCs
• VPOCs and VPOC stacking
• Treatment of VPOCs after expiry
• How to trade double distributions and single prints
• One time framing
• Swing highs and lows in O/N sessions versus RTH
• Treatment of holiday activity
• Volume at price
• The taper
• Why /ES is the preferred future for market profiling over /NQ
• How to build and maintain a narrative
• Confluence of profile nuances and stacking references

Part 3 – APPLICATION

• Weak High (live trade)
• Bounce from base of spike
• Gap fill and gap rule #3
• Rejection from top of single prints (live trade)
• Breakout through confluence of profile nuances (live trade)
• Wating for the taper (live trade)
• Old business versus new business, gap fill, WWSHD
• Developing poor low
• Liquidation Break and volume taper
• Gap Rules #2 & #4, ATH in overnight unsecure
• Gap Rule #3 (live trade)
• POC Migration
• Double Distribution
• Eighty percent rule (live trade)
• The three premarket questions
• Examples of three days of detailed premarket analysis

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