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Webinar: FuturesTrader71 (FT71) on Volume Profile
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Webinar: FuturesTrader71 (FT71) on Volume Profile

  #81 (permalink)
Elite Member
Georgia, US
 
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RobertMiami View Post
I think that Volume Profile has something very valuable to offer - but I don't yet have a clear idea of how to turn that into a click on "buy" or "sell" at a particular price. Are there rules to follow? If you're in a balance day and price hits the extreme, fade it? For how big a target and how big a stop?

It is not designed to be used this way. You will determine your own risk parameters, trade selection, and actions. It is a tool, just like anything else. Good luck!

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