Volume Profile, Market Profile, Order Flow: Next Generation of Daytrading
by Johannes Forthmann  (Author)

About the Author
Johannes Forthmann is a German economist with more than 20 years of experience in the Futures markets. He worked for a Swiss Commodity and Asset Management Company. Daytrading has been his specialty for 22 years.

About this Book
Classical technical analysis, as taught in hundreds of books, proves to be unprofitable for traders in many cases. Well-known chart patterns and indicators can only analyze the past. This book clearly shows why the myth of self-fulfilling prophecies has long been nothing more than an illusion. Instead, it presents in an understandable way highly effective technical tools that can help a day trader look behind the scenes and assess trading situations in the here and now.

The book explains

• how to locate real movements from the beginning
• how to follow the tracks of dominant players
• what you really need to know about charts
• how to avoid mistakes
• how to plan and implement a day trade in a few minutes
  

This book was written for daytraders who are looking for new ways. It is also suitable for beginners who want to avoid a long way through a labyrinth of frustrating experiences. For European daytraders there is no alternative to absolutely fair priced Micro, Mini Futures and CFD's. Trading instruments are a few highly liquid futures like Dax, S&P 500, Nasdaq, Euro, Bund, Crude Oil or Gold.

Basic insights about trade sizes, leverage, futures exchanges and other terms can be learned free of charge in a few days on any serious financial site and are not the subject of this book. Contents mainly refer to reality-related methods. Anyone entering this field should answer a few realistic questions, which will be discussed throughout the book.

Brief Contents
1. Introduction
2. The Advantages of Futures
3. The Market Participants
4. Market Profile - A Brief Overview
5. What is a Volume Profile?
6. Value Area
7. Forms and Shapes of Profiles
8. How to display the Profiles?
    8.1 Fixed profiles
    8.2 Flexible profiles
9. Bounce Backs
10. General Set ups
    10.1 Accumulation and Follow-up
    10.2 Reversals
11. Hardware, Software and Data Feed
12. Order Flow Analysis
    12.1 Order book - DOM
    12.2 Footprints - Inside the Chart
    12.3 Delta
        12.3.1 Absorption
        12.3.2 Variants
        12.3.3 Delta Numbers and Profiles
13. The Preparation
14. Liquidity and Volatility - An Important Pair
15. Characteristics of Individual Trading Instruments
16. More on Market Profile
17. Filtering the Ledge
18. Broadening Tops - a Warning Signal
19. Complete Examples
    19.1 Yen
    19.2 E-Mini S&P
    19.3 Fdax
    19.4 Bund Future
    19.5 A Day with Crude Oil
    19.6 Gold
    19.7 Broadening Top and Ledge Filter
    19.8 EURUSD
    19.9 Weekly Profiles
20. Summary
21. Questions that could be asked
22. Fake Moves
    22.1 Backfire Pattern
    22.2 SHS Fakes
    22.3 Bottom- and Top squeeze
    22.4 Natural Support and Resistance Fakes
    22.5 Trend line Fakes
    22.6. Fake Breakouts
23. What is a Trend?
24. Trade- and Risk Management
25. Short Term Trading - A Trade Example

Publisher : Forthmann Book Publishing; 1st edition (November 25, 2020)
Language : English
Pages : 206
ASIN : B08P5Z34BT

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