TradersLibrary2 - anatomy of a volume profile trader

The concept of volume traded at price is easy to grasp; for each price level there
is a corresponding amount of contracts which have been traded at that price. The
profile simply logs that data and represents it as a graphic on the chart.
Note the highlighted trading range, this represents a bell curve distribution.
Traders take this value area into consideration because it represents liquidity.
Price Volume
50.85 5
50.84 23
50.83 456 < Top of Value Area Trading Range
50.82 984
50.81 1597
50.80 4674 < Highest Volume Traded
50.79 3522
50.78 1422
50.77 122 < Bottom of Value Area Trading Range
50.76 56
50.75 52