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.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 and lower prices.The market profile graph was shown to the public in 1985 as a part of the Chicago Board of Trade.The trade was categorized into four pits local, commercial, member filling order for public and member filling order for the member.
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Market profile seminars and events are provided by vtrender.The markets move the average range in say a widely traded instrument such as the Nifty futures.
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