TIMESTAMPS
00:01 – INTRO
01:14 – UTILITY
Single Prints.
Buying Tails and Selling Tails.
Day Types (established and developing).
How does it all fit together?
01:42 – IMPLEMENTATION
A tail is an identifiable characteristic with definite implications.
Single Prints are “single TPOs” separating two distributions.
Elongated, Symmetrical, and Squat are the profile day types.
Price - advertises all opportunities,
Time - regulates all opportunities, and
Volume measures the success/failure of all advertised opportunities.
Tails and Single Prints are the SAME!
Single Prints are EFFICIENT moves!
Some examples of Elongated profiles are P, E and b.
An example of a Symmetrical balanced profile is a capital D shape.
Squat profiles suggest the countertrend rally is ending.
🔎11:21 An image of the market profile is shown to illustrate the day types.
🔎13:03 Walk-through of an Elongated profile day and example of one-time-framing.
🔎19:54 An example of a Symmetrical profile is shown in ATAS (TPO) and TradingView (Volume Profile).
26:28 – An elongated market profile, supported with cluster volume node “stair-stepping” its way to the upside while maintaining a one-time-framing TPO structure. Upon completion, the market provides a “squat” shaped profile with the possibility of the countertrend rally ending. Thus, reversing the move in the opposite direction.
31:16 – TIPS & TRICKS
★ It is recommended to analyze live price action in correspondence with Volume and Time TOGETHER.
★ A break of a distribution/accumulation range creates a “Single Print” on the TPO Market Profile. Using this in conjunction with the Volume Profile will in fact determine the sustainability and conviction of the move.
31:53 – FINAL THOUGHTS