Market Profile - Forex

[blancspa]

Does anyone use market profile fo rcurrencies trading?
Any good?

 

[Rhody Trader]

I've been known to use it from time to time. Unless you use futures, of course, you can't look at volume profiles, but even just using price-only distributions can provide useful information.

 

[blancspa]

Thank you. Where can I get an access to Market Profile for Forex? I downloaded Market Profile for MT4 but its not that great.

 

[Rhody Trader]

Some charting packages have it (I use Sierra Chart), but in many cases don't call it Market Profile. They call it TPO charts or volume at price or something else along those lines.

 

[charliechan]

ensign windows.

 

[WAEL012000]

Thank you. Where can I get an access to Market Profile for Forex? I downloaded Market Profile for MT4 but its not that great.

http://www.ajaxfinancial.com/advanced_analysis.php

 

[SLink]

Market Profile is one of the method that I like and it can be used for currencies. Using it on Futures currencies is better than spot currencies because volume information is available to the public on Futures contracts.