Market profile is a powerful analytical tool unlike any other on the market. Market profile makes it possible for profile traders to gain a clear view of price developments in the market as they occur. It opens up a wide window of trading opportunities for traders that are able to understand it and apply it effectively, opportunities that are not visible on any other type of chart.
Market Profile gives traders what Dr. Keppler calls “X-Ray Vision” into the market . The valuable data and information provided by the profile was once only and exclusively available to floor traders and market makers. New technologies now place this vital information at the fingertips of any individual trader. Learning to use this valuable information provides individual traders with an incredible trading edge.
Market Profile actually makes it possible for individual traders to see market activity as it happens in real time. Traders are able to see exactly where prices are being accepted and where prices are in fact being rejected by the market. Market profile is a powerful, yet simple tool that helps traders to capture high probability trades and make the best trade management decisions. The real time information it provides makes it easy to let the winners run for maximum gains and immediately cut the losers short.