EmeraldOrc is right, of course. I should have said “Market Profile applies to spot forex [I]only in so far as it’s correlated with forex futures”[/I] (but that’s a very high correlation! The “market” being “profiled” is actually the futures market, not the spot market.) :8:
Wow!! I’m confused. We have correlation between future and spot. We have option , vanilla option . Would be helpful of there is any books you pros could share here. I need some material :). I stopped looking at tick volume on spot forex . Too much screen time and accuracy less than 25%. Perhaps I need to check on future’s volume on said currency. Confusing part is. In spot fx there are two currency per pair. In future, I guess I would have to check both of the currency and determine ?
it is confusing, of course, but you must not feel like you must understand everything right away… Knowledge comes better with context: when we learn concepts and words out of context they have no meaning…sometimes us newbies feel like we must learn everything before we can ‘talk shop’ with people who seemingly know more than us… But I stopped worrying about that, personally, because knowledge and profitability are not a direct correlation, meaning that you can be a profitable trader with a very narrow set of trading concepts in your vocabulary, or, inversely, you can know almost everything that there is to.know about trading but be a terrible trader…