In this course you will learn the most important concepts of the Market Profile such as: Point of Control (POC), initiative and responsive activities. You will learn to spot single prints and buying or selling tails and how to apply them in your trading. The course provides various practical examples of trading ideas initiated via the Market Profile. In addition you will learn to identify value and trade any market (Stocks, FX, Futures or Crypto).
After finishing this course, you will be able to trade any market and apply every concept daily. Prices and markets never repeat themselves (every moment is unique), but Market Profile structures do repeat themselves each and every day. You will learn the most important structures and with some practice and experience you will be able to classify any market as one of the standard Market Profile modes.
Most of the Technical Indicators are just derivatives of price. They are calculated from prices and lag behind the true momentum. The Market Profile, on the other hand, is a transformation of price, thus has no lag. Essentially, it is just another way to represent and look on the data. It is widely known that most of the traders lose money, thus using the standard tools (such as Technical Indicators and simple charts) will probably place you with the majority (of losing traders). By sticking to the outlier data visualization approach, you are placing yourself with the minority (of profitable traders).