Market Profile 3I day

Published in March 10th, 2008
Posted by ray in Written Plan
4 Comments

I am posting twice today so that those following only Market Profile will easily find this explanation of a 3I Day.
To understand the nature of a 3I Day, you need to understand the concept of Initiating Activity and the elements of the structure of a traditional Market Profile.

Initiating Activity is abnormal activity. For selling […]

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The Ray Wave I

Published in March 10th, 2008
Posted by ray in Written Plan
6 Comments

One essential point to bear in mind about the Ray Wave is this: its primary function is to manage risk; it leaves trading, entry, exit etc to the Barros Swing and Market Profile. Unlike the Elliott Wave, the trend of a timeframe is defined not by a 3-wave or 5-wave structure, but whether a market […]

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