heres how I see it today
NI
NickP
Rep: 7,237
Posts: 771
what did u have at 74.75 bruce? i did not see a line on your chart (or may be i just missed it) thanks, and great trading !
BR
BruceM
Rep: 216,211
Posts: 19,895
It's on the video Nick but it was the POC of TIME based on one minute data....the tradional Market profile uses a formula as you know which doesn't always show where the most time was spent at a certain price.....that price from yesterday was 74.75...hope that helps and perhaps I wasn't clear on the video.......perhaps you haven't had time to watch it yet.......it's all cool either way////let me know if you understand that concept
NI
NickP
Rep: 7,237
Posts: 771
i did watch it, that's why i said i might have missed that level being mentioned...will watch it again....thing is your ib data most times doesn't match mine (i use dtn)...thanks anyway
NI
NickP
Rep: 7,237
Posts: 771
bruce, fyi i think i missed the part where you changed to rth data only and got that 74.75, but it was clear from the back and forth that that was the poc of time so i should have seen it....thanks for the video
BR
BruceM
Rep: 216,211
Posts: 19,895
agree the IB data is quite interesting as it bundles volume but for time work it should match....it's funny that it works so well even if it doesn't always get the correct vpocs.......that should tell us all something.....and that is that price will usually be more important and why I use price to confirm all the areas...