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Re: [RT] Gen - po- man's profile



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What is interesing, is if you take excel and do a frequency distribution of
as many transactions that you
can, given your method of collecting.  There is distribution going on
between 1221.25 and the High of 122650.
the average of all of these transactions in this field at the moment at
12:10 is about 1224..  @ES1U
+2 deveations is 1226.50 - 2 deviations is 1221.71.. So support "
should"come at the extreem...
Any ideas?
----- Original Message -----
From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, July 31, 2001 12:52 PM
Subject: [RT] Gen - po- man's profile


> The "midpoint" code(at w.medianline.com) is similar in concept to the
market
> profile at least as far as value areas and bracketing are concerned.
> Determination of the control point and volume at a price are the chief
> differences.  Midpoint retracements, fib retraces and extensions get
> reflected in the Price Activity bars high/slow, Std Dev box etc.  Its kind
> of interesting to see how these various approaches produce similar
> responces.  The similarities are sufficient that the midpoint code could
be
> renamed the  Po'Man's Profile.  Bracketing is a term that applies to
> carrying previous periods levels forward into the current period.  Value
> areas are where price "seeks" out trade facilitation.  There are a couple
of
> terms such as Rotation and TradeFacilitation that could enhance the use of
> all the price distribution approaches.
>
> bobr
>
>
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>
>
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>


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