Today’s session was an outside day down, leaving us with an emotional profile that contains very poor structure - 4 sets of single prints. Tomorrow, we have NFP! Stay nimble in this tricky environment.
I am just very grateful for all the GREAT work that you are doing and the learnings you are passing on. thank you so much for everything you do Smash! Really Appreciated.
Hi Smash, I'm using your chartbook Footprint. Thank you. Additionally, I trade bitcoin. I was wondering which Bitcoin instrument would be suitable from a market profile perspective (CME_BTC or Binance future), if you know of any.
Thank you, Maqsood! Essentially, this indicates that buyers/sellers were trapped at a poor location, not getting paid for their effort, typically leading to a move away from the area in order to stop them out. Poor highs/lows are not well auctioned in terms of structure, thus we usually carry it forward as a reference.
What a play today 🙏 Smash
I am just very grateful for all the GREAT work that you are doing and the learnings you are passing on. thank you so much for everything you do Smash! Really Appreciated.
Thank you, Ziad! Much appreciated!
Smash did you notice heavy passive sellers at 4020 today? At one point it was over 600 contracts
Yes, it's actually visible in the brief recap posted. Sellers really smashed the bids hard in B-period with a negative delta of 6638.
Yep they sure did
Hi. are you rolling to June contract on Friday?
I'm still using the March contract for today's session.
Hi Smash, I'm using your chartbook Footprint. Thank you. Additionally, I trade bitcoin. I was wondering which Bitcoin instrument would be suitable from a market profile perspective (CME_BTC or Binance future), if you know of any.
Thank you, Maqsood! Essentially, this indicates that buyers/sellers were trapped at a poor location, not getting paid for their effort, typically leading to a move away from the area in order to stop them out. Poor highs/lows are not well auctioned in terms of structure, thus we usually carry it forward as a reference.