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MP Spoos Jan24




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It will be interesting to see if anyone takes up the bait to admit to losing money today and if so to explain what they were doing
Alex,

Looks like we built value at to a little higher than Monday's value area. What within the profile told you people were buying besides the slightly higer VA? Why do you think the downtrend will continue?

bsd
I also see higher value and more support for the long side than I do for the short side at the moment. Other "stuff" that I watch at the same time as Market Profile was suggesting a bullish inclination over the last 2 days - Monday and Tuesday. Of course that could all fall apart tomorrow but I also see VA moving up.
I think I proved my point with Wednesdays trade?
This is true - I take my lower-value-area hat off to you...