Monitoring Market confidence is a day to day routine practice for intraday and short-term players to determine how confident the participation are. This video tutorial explains how to spot market confidence using market profile, how strong/weak participation can be spotted using visual rules in an objective manner. And how to apply these visual rules for any asset class (stocks, futures, indices, bonds, cryptos ) for short-term trading. It also explains how to combine Market Confidence with Trading Inventory, Short term/Intraday nuances which further adds odd based thinking when comes to trading.
Market Generated Information is the key to better market understanding which tracks what out competition is doing and how dumb they really are. This tutorial explains how we can understand the market behavior with emotional players and how to they react and how we can spot them using market profile. As always market profile is not a trading strategy but a completely a different way of looking into markets, in fact, I call it as radical thinking.
Grade 2 & Grade 3 High Probability Short covering Rally/Vertical Long Liquidation is more of a visual pattern which explains why a potential short covering / long liquidation pattern has to arrive when a specific trading behavior is observed. How to Initiate trades, when to invalidate setups and what are the high potential probe zones where the price can be expected to revisit in a very shorter timeframe.