CBOT Seminar on Market Profile by Alex Benjamin

CBOT Seminar on Market Profile by Alex Benjamin

Technical Analysis Order Flow & Market Profiles Courses

How to understand about technical analysis: Learn about technical analysis

In finance, technical analysis is an analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume.
Behavioral economics and quantitative analysis use many of the same tools of technical analysis, which,
being an aspect of active management, stands in contradiction to much of modern portfolio theory.
The efficacy of both technical and fundamental analysis is disputed by the efficient-market hypothesis, which states that stock market prices are essentially unpredictable.

Alex Benjamin – CBOT Seminar on Market Profile (101 & 102)

Market Profile ® is a graphic representation that shows price and time information as a distribution. Key benefits include:

• Determine amount of time, number of ticks and volume traded at specific price levels or price ranges during a period
• Identify prices perceived as fair by the market
• Identify support and resistance levels to anticipate future price movements

In Market Profile ® charts, each group of lettered boxes shows the price or price range where trades occurred in a lower interval of time than the main chart (usually 30 minutes). In ProRealTime, each letter is also associated with a colored box to make reading the chart easier. Key points on the chart include the following:

• The Point of Control or “POC” (red triangle) shows the price or price range that was the most traded during the profile
• The Value Area (red line) shows the price range in which at least 70% of trades took place
• The Initial Range (blue line) shows the price range where trading occurred during the first two periods of the profile (A and B)
• The green triangle shows the opening price
• The blue triangle shows the close price (or last price for the developing profile: this price is also shown in the box on the price axis)

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