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I have a developed edge that I would be happy to share. I am looking for anyone that study's market profile to go over analysis with after market close and prior to open.
“Only one who devotes himself to a cause with his whole strength and soul can be a true master. For this reason mastery demands all of a person.”--Albert Einstein
The first rejection or auction failure from the open to approximately 11:00 am typically sets up the daily direction. I try to get in at this rejection and place my stop just outside this auction failure.
Like today for example. The NQ tested 6799.50 and rejected this level with strong responsive buying at 10:00. The ES also rejected 2704 at this point. The rest of the day exhibited buying control from this rejection forward.
Used to be a marketprofile trader but found my edge dissipated this last few years. Multicharts does offer a free volume profile tool as well which is decent.
