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Where To Obtain Good Volume Profile Education?


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Where To Obtain Good Volume Profile Education?

  #1 (permalink)
lfcdad
Asheville, NC
 
Posts: 3 since May 2022
Thanks Given: 5
Thanks Received: 1

Hey All,

This is my first post, so if it's in the wrong place, feel free to set me straight.

Anyway, I am a very part-time supply/demand trader using market profile to trade futures, specifically GC and CL. I am looking to learn more about volume profile in order to gain a little better edge, but I don't want to overhaul my entire strategy, just add a tool. Any advice on good material to learn this in a practical sense?

I have looked at YouTube videos from NeuroStreet, Tradeacc, and Convergent Trading, and they all seem pretty interesting. As trading is not my main job, and because I already have a trading approach that works, I'm not willing to drop thousands of dollars to learn this. Does anyone know of a good resource (book, reasonably priced online course, website, etc.) that would help here? I already understand the basics of volume profile, so I just need some sound practical principles (ideal would be general trade setups under what conditions, with some examples) that I can use to dip my foot in the waters.

Thanks!

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  #2 (permalink)
 
xplorer's Avatar
 xplorer 
London UK
Site Moderator
 
Experience: Beginner
Platform: CQG
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Trading: Futures
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lfcdad View Post
Hey All,

This is my first post, so if it's in the wrong place, feel free to set me straight.

Anyway, I am a very part-time supply/demand trader using market profile to trade futures, specifically GC and CL. I am looking to learn more about volume profile in order to gain a little better edge, but I don't want to overhaul my entire strategy, just add a tool. Any advice on good material to learn this in a practical sense?

I have looked at YouTube videos from NeuroStreet, Tradeacc, and Convergent Trading, and they all seem pretty interesting. As trading is not my main job, and because I already have a trading approach that works, I'm not willing to drop thousands of dollars to learn this. Does anyone know of a good resource (book, reasonably priced online course, website, etc.) that would help here? I already understand the basics of volume profile, so I just need some sound practical principles (ideal would be general trade setups under what conditions, with some examples) that I can use to dip my foot in the waters.

Thanks!

Hi lfcdad, welcome.

The consensus among old timers on this forum is that, like you pointed out, there shouldn't be any need to pay ridiculous sums to get information which mostly can be found for free.

Have you looked at the search tool on here yet? You can find it on the top-right corner of the forum and by typing "volume profile" you get quite a lot of search results.

I would recommend to start there.

If you need any tips on how to use the advanced search functions I am happy to help.

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  #3 (permalink)
lfcdad
Asheville, NC
 
Posts: 3 since May 2022
Thanks Given: 5
Thanks Received: 1


Thanks xplorer. I'll check it out.

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  #4 (permalink)
 
chipwitch's Avatar
 chipwitch 
Nashville, TN
 
Experience: Beginner
Platform: NinjaTrader
Broker: NinjaTrader, Continuum Data
Trading: MES for now... baby steps
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Convergent Trading does a live pre-market assessment. I don't think you can do better than that. FT71 is free gold.

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  #5 (permalink)
lfcdad
Asheville, NC
 
Posts: 3 since May 2022
Thanks Given: 5
Thanks Received: 1


chipwitch View Post
Convergent Trading does a live pre-market assessment. I don't think you can do better than that. FT71 is free gold.

Thanks Chipwitch!

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Last Updated on May 31, 2022


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