ES Market Profile and Support and Resistance
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this video is useless. you are just telling what happened in the market... we know ho to read a fucking chart.
redballyou 1 year ago
yes, I agree, if it had initially acted as sup first
djohn029 1 year ago
Volume indicates that a lot of trade has occurred at that/those particular price(s). Once price returns there why do traders not buy since these particular prices have given opportunity for traders to buy previously?
Or is it a simple case where support now becomes resistance?
graduatefast 1 year ago
The POC tends to become a res area once the bearish sentiment takes over b/c there's a glut of volume in that area and it becomes something like a bottleneck - ie it either slows traffic or halts its movement.
djohn029 1 year ago
Why does the POC become resistance one the bearish sentiment takes over?
graduatefast 1 year ago
what software is that? i am interested in learning more about market development.market profiling.
timyen0828 2 years ago