Hopefully without all the great photo shop advice i was privileged too with the initial thread thank you "the man" hey you are! but give it a rest ok Staring out LONG 12887
short term view,be happy to share views on how this market profile works, kind of a waste of your time if you don't have access to it,if you have td ameritrade ,its free
last qoute before insulting me was bathrobe,halfway called him a dope, post before that you said ash was trading in his mommys basement..what gives..
the widest spots are where the most trades took place, the most longs vs shorts, so there are leftover shorts or longs, folks who were wrong, at those prices, the market moves up to resistance,down to support, spots where enough buyers or sellers are waiting to stop a move(break even on their previous loser),thats what the wide spots represent,so those spots on the last chart were the wide points today,so as long as we dont break above or below it will bounce to and fro ,those points ,temporarily chart below has arrows showing several wide spots
cleaves are the spots between the nips , areas where we backfill , a sort of undecided area or halfway point where if it falls from the 2885 area,you may find supp,and back to 2885, or a temp bounce,if a dead cat then drop to the lower nip at 2817,so its a test area that you use to guage whether to hold to 2817 or take the 2860