Have now officially studied market profile to the point where I know nothing.

GaryD 

Have now officially studied market profile to the point where I know nothing.

Cool, now you're ready to learn!

I have read MoM maybe 4 times over the last 2 years, and after gaining some experience between reads, each time I learn something new. In fact, read some of it last night and some light bulbs went off. The learning takes place in the market, but it's a good book to help along the way.

92.00 - 92.30

josh 

Cool, now you're ready to learn! I have read MoM maybe 4 times over the last 2 years, and after gaining some experience between reads, each time I learn something new. In fact, read some of it last night and some light bulbs went off. The learning takes place in the market, but it's a good book to help along the way.

It gives definition to things I already interpret, which drew me in, but also deconstructs a lot of beliefs, which is painful.

GaryD 

No, she was not interested in my conversation topic. Truthfully, I'd prefer to watch the turtles.

Could not help myself.

Uuuuuhhhhhhh!

But still expecting to rock the rest of the week. lol!!

Confidence is above the moving average.

Wed / EIA. Melissa is still sick, I am getting used to sharing the couch with Piper. Flew straight back from New Jersey last night.

Price hed in a very tight range overnight, roughly 15-20 cents, 92-67-92.81. Yesterday's RTH value area 92.71-93.24, POC 93.10, with the majority of volume occuring below the POC. Yesterdays price action saw an impulse move up creating a wide IB, the price one time framed down teh remainder of the day to balance. Yesterday price jumped out of a bracket between 91-92 and into a previous bracket between 92-94.

Pre-open is impulsing up out of the ON range.

josh 

Cool, now you're ready to learn! I have read MoM maybe 4 times over the last 2 years, and after gaining some experience between reads, each time I learn something new. In fact, read some of it last night and some light bulbs went off. The learning takes place in the market, but it's a good book to help along the way.

More open to learning. I had hit a point where I was over learning, had done it too hard for too long. Market profile is now a lot easier to digest with so much prior market experience than the first tie I tried to study it, and is different enough from anything I learned before to keep my interest. The thought of gaining additional insight into structure excites me, and I wish I had the same time today that I had several years ago to study it.

GaryD 

I wish I had the same time today that I had several years ago to study it.

I think the real studying happens while the market is open. Thinking of the market in terms of an auction may be a different way of thinking, but you already know how to trade, and this allows simply a different paradigm that can complement what you already know, and does not need to replace anything. So, I don't think anyone needs time, just experience observing real-time principles in action. Anyway, I hope Melissa feels better. My girlfriend is also sick, as was I for two weeks with pneumonia; makes it difficult to do anything normal, and I empathize with her, hope she gets better soon!