Pirate Traders – Market Profile Course Download

Market Profile allows traders to see the market in three dimensions by showing time and volume at each price level.

Why is the two-way auction the best form of market analysis?

The Path to Profitability

Lesson one starts with an understanding of a trader’s process for developing a profitable strategy. Where to start, what steps must be completed, and what sign posts to look for along the way.

The Two-Way Auction Process

Lesson two explains the auction progress and how it can give a trader an edge over their competition.

Thinking in Probabilities

Lesson three teaches traders how to think; using logic and mathematical probabilities to gain an edge over traders making decisions based on emotions.

Market Profile Chart

Lesson four teaches traders how to recognize market generated information with market profile.

Developing Value

Lesson five covers why traders should focus on value not price.

Initial Balance

Lesson six covers how the first hour sets the tone for the day.

Point of Control

Lesson seven covers recognizing the fairest price to do business and understand when it gives a trader an edge.

Trends

Lesson eight teaches traders how to make the trend their friend.

Rotation

Lesson nine teaches traders how to recognize when a market is in a rotational range.

Weak References

Lesson ten covers how to recognize who the current participants are and how well the auction is going.

Single Prints

Lesson eleven covers how to recognize the end of an auction or a change in the market.

Liquidation & Short Covering

Lesson twelve covers how to recognize a Liquidation Break or Short Covering.

MGI vs NEWS

Lesson thirteen covers why Market Generated Information is the key to consistency.

The Cold Hard Truth

Lesson fourteen wraps up the concepts and prepares a trader for the reality of the journey to profitability ahead.