These two words are synonymous with each other, and how to form context using market profile is one of the most gamechanging development of my trading career.
Context is nothing but the recent background development that has happened in the markets. Depending on your trading time frame you can go back a few days to a few months.
Well if you understand the context then trading becomes easy for you. Traders are not frustrated because markets went against them, but they get frustrated when they dont understand why markets wnet against them Context can help greatly in this scenario.
Market profile is the best tool to understand the current context under wh9ich markets are developing. It can guide you in understanding correctly what markets did over the last few days to a couple of weeks…
Every time you want to make a decision in the markets, you need to be aware of the current context. It will help you correctly assess the risk of being long, short and flat in the markets.
There is much more to this topic of trading and we cover it in great detail in the DTF Membership. So if you are curious and want to bring consistent profitability in your trading consider subscribing to our quarterly membership…
Enrol for a free masterclass on DTF Membership. You will learn all about the membership here, answers to common questions like…
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