The most comprehensive and complete course on market profile
Scroll down to see everything you will learn!
8 hours of market profile education for profilers of all skill levels
Video Preview
Watch this short sample reel to get an feel for what to expect in this course. Created by ShadowTrader founder Peter Reznicek, this truly is a complete market profile education in one package. Whether you are an advanced profiler or just starting out, the course provides true value to all skill levels.
Divided into three main sections, BASICS kicks it off with detailed explanations of the building blocks of the profile and the various patterns that emerge from the distributions. Next up is THEORY which teaches how to read all of the patterns and what the meaning is behind them in terms of future market direction. And lastly APPLICATION is where the rubber meets the road where Peter records real life examples of the profile playing out in current markets with a few live trades thrown in as well!
Introduction to Market Profile
Course structure and overview
What are markets and what is their purpose? The two way auction that makes all financial markets unique.
What is Market Profile and what is its purpose?
Organization of data and value versus price
The three “laws” that govern all trading
What is value and how is it calculated?
Time value areas versus volume value ares
Part 1 – BASICS
The importance of framework and signposts
Market profile charts versus traditional candlestick charts
Why market profile can be used on anything but is especially powerful on futures charts
Separation of overnight distributions and Regular Trading Hours (RTH)
The TPO: Time Price Opportunity and the building block of market profile
The elements of market profile: RTH Open, RTH High, RTH Low, Settlement, Halfback, Overnight Open, Overnight Halfback, POC, Prior POCs, Value Area, VAH, VAL
Single distributions versus double distributions
Single prints
Letter “p” and “b” formations
Prominent POC
Excess Highs and Lows
Poor High
Poor Low
Lack of material excess
45 degree line
Squat profiles versus expansion of range
Spikes
Anomalies
Value area placement within range
Volume at price
Part 2 – THEORY
Overnight inventory
Balance versus excess
The 3 Pre-market questions
Inventory corrections and the concept of old business versus new business
Shock and Awe
When should I trade early versus later?
Gaps and gap fills
Acceptance versus rejection
The Power of WWSHD
Gap rules
Spike rules
Balance rules
80% rule
The 3 questions
Value development and migration
Expansion of range versus squat profiles
Psychology of poor highs/lows and how to trade them
Weak highs/ lows and how to trade them
Size and comparison of value areas
Prominent POCs versus less prominent POCs
POC migration
How to trade POCs
VPOCs and VPOC stacking
Treatment of VPOCs after expiry
How to trade double distributions and single prints
One time framing
Swing highs and lows in O/N sessions versus RTH
Treatment of holiday activity
Volume at price
The taper
Why /ES is the preferred future for market profiling over /NQ
How to build and maintain a narrative
Confluence of profile nuances and stacking references
Part 3 – APPLICATION
Weak High (live trade)
Bounce from base of spike
Gap fill and gap rule #3
Rejection from top of single prints (live trade)
Breakout through confluence of profile nuances (live trade)
Wating for the taper (live trade)
Old business versus new business, gap fill, WWSHD
Developing poor low
Liquidation Break and volume taper
Gap Rules #2 & #4, ATH in overnight unsecure
Gap Rule #3 (live trade)
POC Migration
Double Distribution
Eighty percent rule (live trade)
The three premarket questions
Examples of three days of detailed premarket analysis
Have Questions? We’re Here to Help!
Our support staff is available to assist you during regular trading hours.
You can email support@shadowtrader.net or call us at (610) 552-0190.
