Tools used: TPO Chart (Time, Price, Opportunity)
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Tools used: TPO Chart (Time, Price, Opportunity)
Preparation for 6E (EUR/USD)
You made me think I've been seeing just the tip of the iceberg for years. Thanks for sharing this level of detail, it's brutal.
Your focus on open interest is pure gold. Almost no one on forums talks about it, and that’s what makes the difference between playing and understanding the market.
Have you considered making a YouTube channel? This is a free master’s degree.
I don't know if laughing or crying... I read this and realize that my trading is like going blind on the highway.
Brother, how do you know when the open interest confirms a short covering and not just a temporary setback?
Your phrase Good work is the key to good fortune should be tattooed on the forehead of every novice trader.
I'm freaking out how you break down every scenario. How long does it take you to prepare this analysis before you operate?
If all traders did this previous job, 90% would stop burning accounts in a month.
I don't usually post but this is a manual to plan trades. Thank you for sharing.
That reading about failing to hold prices opened my eyes. Now I understand why I skipped the stop just before the price turned around.
Hahaha, I love that your plan has scenarios until Sunday night. You are a Jedi level strategist.
Do you think this Market Profile approach works the same in cryptocurrencies? I am interested in your opinion because the order flow is very different.
My problem is that I see these levels, but then the execution kills me for anxiety. Any advice on emotional control?
Your explanation is so clear that it should be mandatory reading for anyone who opens a demo account.
I never thought of the POC as the fairest price of the day. That totally changes my perception of the TPO chart.
I find it incredible that you get so much out of a simple TPO distribution chart. That’s knowing how to read the market!
Your analysis almost makes me forget that I hate Mondays.
Any platform recommendations for doing this kind of analysis? Those I use do not support Market Profile with such precision.
Your breakdown on the possibilities of Gap helped me understand why sometimes it's better to expect than to launch at the opening.
Do you ever operate alone with footprint and without looking at TPO, or do you always combine them?
I don't usually read anything so well structured on forums.
Have you tried combining this analysis with Wyckoff's theory?
I wish you'd share a video of your analysis in real time.
Thank you for making me see that waiting for confirmation is not for cowards, but for professionals.
This post should be printed and pasted next to the monitor of any future trader.
I was glad that the market will decide what it wants to do, how much ego people would save if they accepted that.
How do you manage the size of your position based on these key levels you mark?
What I like most is how you separate each stage, without marrying a single bias.
I feel identified with what you explain from the short covering: so many times I confused that rebound with a change of trend...
Your way of analyzing motivates me to stop looking for the holy grail and start working with my head.
Do you use a screener to detect open interest imbalances, or do you do it by hand every day?
I'd like to see your graphics with the notes you describe, anywhere you share them?
Do you think this method suits well to operate in Asian time or is it more effective in European/American session?
Thanks for sharing your experience, it's nice to see someone who doesn't keep anything.
After reading this, I understood that a bad analysis is not fixed with a tight stop.
The clarity with which you explain the concept of balance and one time frame is simply great.
I've tried to implement TPO but I get lost with so many levels.
What a wonder of analysis! I would like to learn how to interpret it as naturally as you do.