Market Profile Trading Strategies to Understand Trends of Stock Market

Slowly and steadily trading in the stock markets is seen as a viable option to improve one's finances by the next generation. To be a good trader, you need to have access to information; correct information will help you make the right decision regarding a particular stock. The share market is sensitive to information, and the Sensex reacts to both good and bad news, hence it is always going up and down and is never in a straight line. There are two types of trading: short-term trading and long-term trading. Within these two types, there are various types of techniques. One of them is the market profile , which is an intraday charting technique (short-term). It was developed by J.Peter Steidlmayer, as a tool to evaluate the market value as the day proceeded. He wanted to show the graph with price in a vertical axis and time in the horizontal axis. The graph was in a bell-shape fatter at the moderate prices with activity trailing off, and volume reduced at extremely higher ...