Market Profile and Forex

permalink · May 23rd, 2013, 07:05 AM

I am familiar with using Market Profile (Volume Profile) in the context of stock indices (DAX, FTSE, S&P, etc.) where there is a specific "session" start-time, end-time, RTH, O/N, etc.

However, forex (spot forex, not futures) is 24hour. So, for Market Profile purposes, when should I start the profile? I've tried various, e.g. start of London session (since this is when the volume starts to increase after the quiet Asian period), start of US session (e.g. 8am EST). Or perhaps I should align to the futures (which is 7:20am Chicago?).

Any advice or ideas about what works best?

What do you use?

Thanks.

permalink · May 23rd, 2013, 10:13 AM

Has been discussed a lot in the main Profile thread:

Volume Profile and Footprint discussion

Hi guys,

I felt that we needed a thread dedicated to the discussion of Volume Profile.

Some basics, you can hover over these and click on most of them to get more info in the wiki. I also encourage you guys to improve the wiki articles by editing …

Mike

permalink · May 23rd, 2013, 06:40 PM

Big Mike

Has been discussed a lot in the main Profile thread:

Volume Profile and Footprint discussion

Hi guys,

I felt that we needed a thread dedicated to the discussion of Volume Profile.

Some basics, you can hover over these and click on most of them to get more info in the wiki. I also encourage you guys to improve the wiki articles by editing …

Mike

Thanks Mike. Great thread. I found the bits I was looking for, and now I'm going back to read the whole thread again - there's some real gems in there.

Market Profile and Forex

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Market Profile and Forex