Understanding the market with Market Profile- A discretionary approach

Market generated information and its dimensions
The goal of the MP is focusing on market generated information.. sorry to bring it up early but i hope u have gone through the basics of market profile and so far u have the vague idea about it...following is not established market profile principle and its just my calculations which could be wrong ..now the dimensions..traditionally market generated information has been calculated in time, price and volume...like physics here also three dimensions..but like physics there is 4th dimension which is time..here in the market is the fourth dimension which is option, its not that i being an option writer bringing in every aspect of ta but i try to think logically..if price moved up, volume moved up and price sustained for long to confirm profile skewed towards long..but we found there has been heavy call writing happen in option cal..that mean some hedge fund, smart money long on NF and shorted call or some contrarian trying to fade the move without being recognised, how will u interprit this information? ..i track open interest put call ratio which gives enough idea whether call writing ( short selling ) is agresive or put writing ( which is bullish ) and using this info in context of price volume and time we may gather all posible market generated information..
will try to post market profile of oi pcr ..feeling bit tired now, like to see different views meanwhile trade safe
best wishes
Alex

Fear profile ( VIX profile )

92.31 W
92.06 W
91.81 W
91.56 VW
91.31 VW
91.06 VW
90.81 VW
90.56 VW
90.31 VW
90.06 QVW
89.81 QVWi
89.56 QVWi
89.31 QVWi
89.06 QVWi
88.81 QVWi
88.56 QVWei
88.31 QVWei
88.06 QVWei
87.81 QVWei
87.56 QVWei
87.31 QVWei
87.06 QVWei
86.81 QVWehi
86.56 QVWehi
86.31 QVWehi
86.06 QVWehi
85.81 QVWehi
85.56 QVWehi
85.31 QVWehi
85.06 QVWehi
84.81 QVWehi
84.56 QVWehi
84.31 QVWdehi
84.06 QVWdehi
83.81 QVWdehi
83.56 QVWdehi
83.31 QVWdehi
83.06 QVWdehi
82.81 QVWdehi
82.56 QVWdehij
82.31 QVWdehij
82.06 QVWdehij
81.81 QVWdehij
81.56 QVWdehij
81.31 QVWdehij
81.06 PQVWdehij
80.81 PQVWdehij
80.56 PQVWdehij
80.31 PQVWdehij
80.06 PQVWdehij
79.81 PQVWdeghij
79.56 PQVWdeghij
79.31 PQSVWdeghij
79.06 PQSVWdeghij
78.81 PQSVWdeghij
78.56 MPQSVWdeghij
78.31 MPQSVWdeghij
78.06 MPQSVWdeghij
77.81 MPQSVWdeghij
77.56 MPQSVWdeghij
77.31 MPQSTVWdeghij
77.06 MPQSTVWdeghij
76.81 MPQSTVWdeghij
76.56 MPQSTVWdeghij
76.31 MPQSTVWdeghij
76.06 MPQSTVWdeghij
75.81 MPQSTVWdeghij
75.56 MPQSTVWdeghij
75.31 MPQSTVWdeghij
75.06 MPQSTVWdeghij
74.81 MPQSTVWdeghij
74.56 MPQSTVWdeghijn
74.31 MPQSTVWXdeghijn
74.06 MPQSTVWXdeghijln
73.81 MPQSTVWXdeghijln
73.56 MPQSTVWXdeghijln
73.31 MPQSTVWXdeghijln
73.06 MPQSTVWXdeghijln
72.81 MPQSTVWXdeghijln
72.56 MPQSTVWXbdeghijln
72.31 MPQSTVWXabdeghijln
72.06 MPQSTVWXabdeghijln
71.81 MPQSTVWXabdeghijln
71.56 MPQSTVWXabdeghijln
71.31 MPQSTVWXabdeghijln
71.06 MPQSTVWXabdeghijln
70.81 MPQRSTVWXabdefghijln
70.56 MPQRSTVWXabdefghijln
70.31 MPQRSTVWXabdefghijln
70.06 MPQRSTVWXabdefghijln
69.81 MPQRSTVWXabdefghijln
69.56 MPQRSTVWXabdefghijln
69.31 MPQRSTVWXabdefghijln
69.06 MPQRSTVWXabdefghijln
68.81 MPQRSTVWXabdefghijln
68.56 MPQRSTVWXabcdefghijln
68.31 MPQRSTVWXabcdefghijln
68.06 MPQRSTVWXabcdefghijln
67.81 MPQRSTVWXabcdefghijln
67.56 MPQRSTVWXabcdefghijlnv
67.31 MPQRSTVWXabcdefghijlnv
67.06 MPQRSTVWXabcdefghijlnv
66.81 MPQRSTVWXYZabcdefghijlnv
66.56 MPQRSTVWXYZabcdefghijklnv
66.31 MPQRSTVWXYZabcdefghijklnv
66.06 MPQRSTVWXYZabcdefghijklnv
65.81 MPQRSTVWXYZabcdefghijklnv
65.56 MPQRSTVWXYZabcdefghijklnv
65.31 MPQRSTVWXYZabcdefghijklnv
65.06 CMPQRSTVWXYZabcdefghijklnv
64.81 CMPQRSTVWXYZabcdefghijklnv
64.56 CMPQRSTVWXYZabcdefgijklnv
64.31 CMPQRSTVWXYZabcdefgijklnv
64.06 CMPQRSTVWXYZabcdefgijklnv
63.81 CMPQRSTVWXYZabcdefgijklnv
63.56 CMPQRSTVWXYZabcdefgijklnv
63.31 CMPQRSTVWXYZabcdefgijklnv
63.06 CMPQRSVWXYZabcdefgijklnv
62.81 yzCMPQRSVWXYZabcdefijklnv
62.56 yzCMNPQRSVWXYZabcdefijklnv
62.31 yzCLMNPQRSVWXYZbcdefijklnv
62.06 yzCLMNPQRSVWXZbcdefijklnv
61.81 yzCLMNQRSVWXZbcdefijklnv
61.56 yzCLMNQRSVWXZbcdefijklnv
61.31 yzCLMNQRSVWXZbcdefijklnv
61.06 yzCLMNRSVWXZbcdefijklnv
60.81 yzCLMNRSVWXZbcdefijklnv
60.56 vyzCLMNSVWXZbcdeijklnv
60.31 vyzCLMNSVWXZbcdeijklnv
60.06 vyzCLMNSVWXZbcdeijklnv
59.81 vyzCLMNSVWXZcdijklnv
59.56 vyzCLMNSVWXZcdijklnv
59.31 SvyzCLMNSVWXZcdijklnv
59.06 SvyzCLMNSVWXZcdijklnv
58.81 SvyzCLMSVWXZcdijklnv
58.56 FSvyzCLMSWXZcdijklnv
58.31 FSvyzCLMSWXZcijklnv
58.06 FSvyzCLMSWXZcijklnv
57.81 FSvyzCLMSWXZcijklnv
57.56 FPSvyzCLMSWXcijklmntv
57.31 FPSvyzCKLMSWcijklmntv
57.06 FPSvxyzCKLMSWcijklmntv
56.81 FPSvxyzCIKLMSWcijklmntv
56.56 FPSvxyzCIKLMSWcijklmntv
56.31 FPSvxyzCIKLMSWcijklmntv
56.06 FPSvxyzCFGIKLMSWcijklmntv
55.81 FPSvxyzCFGIKLMSWcjklmntv
55.56 FPSvxyzCFGIKLMSWcjklmntv
55.31 FPSvxyzCFGIKLMSWcjklmntv
55.06 FPSvxyzCFGHIJKLSWcjklmntv
54.81 FPSvxyzCFGHIJKLScjklmntv
54.56 FPSvxyzCFGHIJKLScjklmnqtv
54.31 FPSvxyzCFGHIJKLScjklmnqtv
54.06 FPSvxyzCFGHIJKLScjklmnqtv
53.81 FPSgvxyzCFGHIJKLcjklmnqtv
53.56 FPSgvxyzCEFGHIJKLcjklmnqtv
53.31 FPSgtvxyzCEFGHIJKLcjklmnqtv
53.06 FPSZgtvxyzCEFGHIJKLcjklmnqtv
52.81 FKMPSZgtvxyzCEFGHIJKLcjklmnqtv
52.56 FKMPSZgtvxyzBCEFGHIJKcjklmnqtvw
52.31 FKMPSZgtvxyzBCEFGHIJKcjklmnqtvw
52.06 FKMPSZgtvxyzBCEFGHIJKcjklmnqtvw
51.81 FGKMPSZgtvwxyzBCDEFGHIJKcjklmnqtvw
51.56 FGKMPSZgtvwxyzBCDEFGHIKcjklmnqtvw
51.31 FGKMPSZgtvwxyzBCDEFGHIKcjklmnqtvwB
51.06 FGKMPSZgtvwxyzBCDEFGHIKcjklmnqtvwB
50.81 FGKMNPSZgtvwxyzBCDEFGHKcjklmnqtvwB
50.56 FGKMNPSZgtvwxyzBCDEFGHKcjklmnqtvwB
50.31 FGHIKMNPSZgtvwxyzBCDEFGHKcjklmnqtvwB
50.06 FGHIKMNPSZgtvwxyzBCDEFGHcjklmnpqtvwB
49.81 FGHIKMNPRSZgtvwxyzBCDEFGHcjklmnpqtvwB
49.56 FGHIJKMNPRSZgitvwxyzBCDEFGHcjklmnpqtvwB
49.31 FGHIJKMNPRSZghitvwxyzBCDEFGHcjklmnpqtvwB
49.06 FGHIJKMNPRSZghitvwxyzABCDEFGHcjklmnpqtvwB
48.81 FGHIJKMNPRSZghitvwxyzABCDEFGHcjklmnpqtvwB
48.56 FGHIJKMNPRSZghitvwxyzABCDEFGHcjklmnpqtvwB
48.31 FGHIJKMNPRSZghitvwxyzABCDEFGHcjklmnpqtvwB
48.06 EFGHIJKMNPRSZeghitvwxyzABCDEFGcjklmnpqtvwxB
47.81 EFGHIJKMNPRSZeghitvwxyzABDEFGcjklmnpqstvwxB
47.56 EFGHIJKMNPRSZeghitvwxyzADEFGcjklmnpqstvwxB
47.31 EFGHIJKMNPRSYZeghitvwxyzADEFGcjklmnpqstvwxB
47.06 EFGHIJKMNPRSTYZefghitvwxyzADEFcjklmnpqstvwxB
46.81 DEFGHIJKMNPRSTYZefghitvwxyzADFjklnpqstvwxB
46.56 DEFGHIJKMNPRSTYZefghijtvwxyzADFjklnpqstvwxB
46.31 DEFGHIJKMNPRSTYZefghijrstvwxyzADFjklnpqrstvwxB
46.06 DEFGHIJKMNPQRSTYZaefghijrstvwxyzADFjklnpqrstvwxB
45.81 DEFGHIJKMNPQRSTYZabefghijrstvwxyzADFjklnpqrstvwxB
45.56 DEFGHIJKLMNPQRSTVYZabcefghijrstvwxyzADFjklnpqrstvwxB
45.31 DEFGHIJKLMNPQRSTVYZabcefghijrstvwxyzADFjklnpqrstvwxB
45.06 DEFGHIJKLMNPQRSTVYZabcefghijrstvwxyzADFklnpqrstvwxB
44.81 DEFGHIJKLMNPQRSTVXYZabcdefghijqrstvwxyzADFklnpqrstvwxB
44.56 DEFGHIJKLMNPQRSTVXYZacdefghijqrstvwxyDklnpqrstvwxyB
44.31 DEFGHIJKLMNPQRSTVXYZacdefghijqrstvwxyDklnpqrstvwxyB
44.06 DEFGHIJKLMNPQRSTVXYZacdfghijpqrstvwxyklnpqrstvwxyB
43.81 DEFGHIJKLMNPQRSTVXYZadfghijpqrstvwxyklnpqrstvwxyB
43.56 DEFGHIJKLMNPQRSTVXYZadfghijpqrstvwxyklnpqrstvwxyB
43.31 DEFGHIJKLMNPQRSTVXYZadfghijpqstvwxyklnpqrstvwxyB
43.06 DEFGHIJKLMNPQRSTVXYZdfghijnpqstvwxyklnpqrstvwxyB
42.81 DEFGHIJKLMNPQRSTVWXYZdfghijnpqstvwxyklnpqrstvwxyB
42.56 DFGHIJKLMNPQRSTVWXYZdfghijnpqstvwxyklnpqrstvwxyB
42.31 DFGHIJKLMNPQRSTVWXYZfhijnpqstvwxyklnpqrstvwxyB
42.06 DFGHIJKLMNPQRSTVWXYZfhijnstvwxyklnpqrstvwxyB
41.81 DFGHIJKLMNPQRSTVWXYZhijmnstvwxyklnpqrstvwxyB
41.56 DFGHIJLMNPQRTVWYZhijlmnstvwxyklnpqrstvwxyB
41.31 DFGHIJLMNPQRVWYZhijlmnsvwxyklnpqrstvwxyB
41.06 DFGHIJLMNPQRVWYZhijlmnwxklnpqrstvwxyB
40.81 FGHIJLMNPQRVWYZhijlmwxklnpqrstvwxyB
40.56 FGHIJMNPQRVWYZhjklmwxklnpqrsvwxyB
40.31 FGHIJMNPQRVYZhjklmwxklnpqrsvwxyB
40.06 FGHJMNPQRYZjklmwxklnpqrsvwxyzB
39.81 FGHJMNQRYZjklmwxklnpqrsvwxyzB
39.56 FGHJMNQRYZjklmwxklnpqrsvwxyzB
39.31 FGHJMNQRYZjklmwxklnpqrsvwxyzB
39.06 FGHJMNQYZjklwxklnpqrsvwxyzB
38.81 FGHJMNQYZjklwxklnpqrsvwxyzB
38.56 FGHJMNYZjklwxklpqrsvwxyzB
38.31 FGHJMNYZjklwxklpqrsvwxyzB
38.06 FGHMYZjklwklpqrsvwxyzB
37.81 FGHMYjklwklpqrsvwxyzBC
37.56 FGHMYjklwklpqrsvwxyzBC
37.31 FGHMYjklwklpqrsvwxyzBC
37.06 FGHMYjklwklpqrsvwxyzABC
36.81 GHYjkwklpqrsvwxyzABC
36.56 GHYjkklpqrsvwxyzABC
36.31 GHYjkklpqsvwxyzABC
36.06 GYjkklpqsvwxyzABC
35.81 GYjkklpqsvwxyzABC
35.56 GYjkklpqsvwxyzABC
35.31 GYjklpqsvwxyzABC
35.06 GYjklpqsvwxyzABCD
34.81 YjklpqswxyzABCD
34.56 YjklpqswxyzCD
34.31 YjklpqswxyzCD
34.06 YjklpqswxyzCD
33.81 YjklpqswxyzCD
33.56 YjklpqswxyzCD
33.31 YjklpqswyC
33.06 YjklpqswyC
32.81 YjklpqswyC
32.56 YjklpqswyC
32.31 YklpqswyC
32.06 YklpqswC
31.81 Yklpqsw
31.56 Yklpsw
31.31 Yklpsw
31.06 Ylpsw
30.81 Ylpsw
30.56 lpsw
30.31 psw
30.06 sw
29.81 s
29.56 s
29.31 s
29.06 s
28.81 s
28.56 s
28.31 s
28.06 s
27.81 s
27.56 s


VAH= 64.81
POC= 44.81
VAL= 36.81

alex,
5:28 am last post
have a break,,have a kitkat.

gr8 uve started this thread,
pls try to focus more on wht we can take from market profile & use it in our trading to give us an edge.

thanks vikram , late night made my glucose down kitkat much needed....
i attach MP of VIX didnt able to comment ..profile structure has been shifted steadily towards downside, value high 64.81, value low is 36.81, and point of control is 44.81, Its three and an half months vix data till date, u can split it in two 5 days per time frame...i must add market profile doesnt practice profiling of vix so new ones please dont get confuse about this, though you cn make profile of anything which has statistics involved til it make sense of crowd behavior
vix poc is 44.81 which is bit of a worry..that means volatility has been shifted alarmingly above historical value, which was around 25...change in volatility structure has been recently attracted the attention of academic research, as it toppled lot of perceived financial market assumptions how they performed..out of the scope of this thread here
it nut shell point is when there is extreme emotions involved there is always opportunity lurking in the market and theory well support by the fact that open interest in option market alarmingly increased in past three month

NF profile is elongated, its indicates market in trend, initial balance is towards bullish side, however volume is on lower side which indicates market may witness resistance around y days POC

In the chart, notice the minor buying tail yesterday - its one of the most important MP concepts to grasp and has implications on how the distribution eventually shapes up.

Anything that adds that Edge to your Trading is great stuff......MP has always fascinated me although I have never got down to it,as I have had some success with the way I do things....always open to more knowledge though.

Hope to meet up with you in person one day.

All the best!
Saint

Nice chart,
my learning query--

will POC of 19 feb around 2779 provide some resistive nature ??

Dumdum..I donno if we can compare and all but like we see the previous resistance and all in charts i feel we can consider the previous POC which ofcourse is decisive...Hope alex can put more thoughts..

Thanks Alex, Nice efforts