Contents
Does the Profile Still Work, after All These Years?
Introduction to Day Timeframe Structure
Normal Variation of a Normal Day
The Big Picture: Market Structure, Trading Logic, and Time
Evaluating Other Timeframe Control
Other Timeframe Control on the Extremes
Other Timeframe Control in the Body of the Profile
Initiative versus Responsive Activity
Trending versus Bracketed Markets
Day Timeframe Directional Conviction
Opening's Relationship to Previous Day—Estimating Daily Range Potential
Open outside of Value but within Range—Acceptance
Open outside of Range—Acceptance
Day Timeframe Auction Rotations
Using Auction Rotations to Evaluate Other Timeframe Control
December Swiss Franc, October 12, 1987
Monitoring the POC or Fairest Price
Day Timeframe Visualization and Pattern Recognition
Attempted Direction: Which Way Is the Market Trying to Go?
Directional Performance: Is the Market Doing a Good Job in Its Attempts to Get There?
Detailed Analysis of a Developing Market
Long-Term Short Covering and Long Liquidation
Self-Understanding: Becoming a Successful Trader
Market-Understanding and Self-Understanding
The Most Important Omission from the First Printing in 1990
Timeframe Control—Who Is Dominating the Current Session?
Appendix 1: Value-Area Calculation
Appendix II: TPO versus Volume Profiles
Single Price Level Distortions
End of Day Total Volume versus Ongoing Volume throughout the Day