Axia Futures Market Profile Tactics To Execute Big Size (Total size: 2.26 GB Contains: 1 folder 13 files)
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This market profile trading session shows the double distribution trade strategy which tends to be more suitable for swing traders and those who are not tied to their desks and focused on the price ladder.
The example given is in the Dax and shows a high volume double distribution day. The overall plan is to first identify the double distribution on the market profile and to then execute the trade after seeing a pattern of absorption-auctioning on the footprint chart.
The market profile pattern is characterised by two HVAs (high volume areas) and are separated by an LVA (low volume area). We then look for an HVA to be tested and followed by price response. As long as correlated markets stay stable, the probabilities are high of being rewarded for selling the highs and buying the lows.
The 3-Steps can be summarised as:
1) Identify the Liquidity Buckets
2) Wait for Initiative Price Response
3) Target HVN To HVN
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Axia Futures Market Profile Tactics To Execute Big Size
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