Market Profile

A frequently asked question in our forum is: Where can I learn more about Market Profile? The most common answer is to read Jim Dalton's book Mind Over Markets.

Jim Dalton also wrote a sequel to Mind Over Markets called Markets in Profile.

A Market Profile is the arrangement and presentation of market action as a vertically aligned bell curve. Here is an example of a market profile:

1285.00 M 1284.75 HM 1284.50 DEGHM 1284.25 DEGHM 1284.00 DEGHM 1283.75 DEFGHIMN 1283.50 DEFGHIMN 1283.25 DEFGHIMN 1283.00 DEFGHIJKMN 1282.75 DFGHIJKMN 1282.50 DFGJKLMN 1282.25 DJKLMN 1282.00 DJKLMN 1281.75 DJKLMN 1281.50 DLMN 1281.25 DLMN 1281.00 LMN 1280.75 LMN 1280.50 MN

Each series of letters represent a 30 minute time bracket and placing that letter against the price indicates that the market traded at that price during that time bracket.

Compare this against a Volume Profile.