TradersLibrary2 - anatomy of a volume profile trader

likelihood that once a double distribution is formed price will not return into the
original profile a high percentage of the time. In fact it is so high that I have
created a strategy by which the trader can trade away from the prior profile in
the event price trades back towards the prior profiles outer limit trading ranges;
this is called the double distribution strategy.
4.2 Double Distribution
In the above image we show a double distribution being formed by the upper
profile labeled Bell 2 (Bell Curve 2), the separation is essentially a volume void
where little volume has traded at price. This is also known as a low-volume
node (LVN). The LVN is the buying area during the next retest.
In the above example price has traded into the upper bell curve, if price were to
trade lower down into the LVN, the trader would have the perfect opportunity for
a long entry. This is known as the FTR Double Distribution Buy Setup.
As you can see the point of control in the lower profile (Bell 1) Shows a rising
POC, this will tend to skew the profile to the upside. This means volume (value)
is being built higher. It is telling us that there are higher lows built into the price
action. A profile can be skewed up or down depending on the development of
volume traded at price. As more contracts are traded above the POC, the point of