As the volatility in the markets stays low, I find I'm doing more Outside In trades using MarketProfile structure. I've shown some of these trades recently. Today's trade is another one, this time showing the importance of learning to split the Profile to find these support and resistance areas.
Today's high was easy to find. The POC of the distribution to the left of today's Profile coincided with volume, FavFib and a "first touch". I'm still short some after the pic was taken and will cover down to the VAL of the distribution to the left. I expect about 25 points per contract profit.
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