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TradersLibrary2 - anatomy of a volume profile trader

anatomy of a volume profile trader

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Over the years I've been able to develop a method of trading these patterns. My

secret is waiting for price to come into those levels and seeing how the current

price reacts to them. This gives me a general idea of what it wants to do so I can

confirm my idea.

I also want emphasize the importance of physical backtesting. If you want to be

able to pick up on specific patterns you must go back in time and go bar by bar

for extensive periods of time. This will allow you to train your reticular

activating system (RAS) to search for these patterns and to know how to

differential between all the possible variations. This fine distinction makes the

difference between an astute pattern trader and an amateur who is guessing with

no real experience. When a new and unique pattern shows itself in real time you

will be able to recognize it and understand what the profile is telling you.

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