Description

Market Profile Primer: A Concentrated Live Course with Jim: April 10-18

The bedrock of our teachings at Jim Dalton Trading is to help traders learn to create a solid foundational base for their trading and, eventually, learn to spot high probability trade opportunities.

Why Join Us for the Live Market Profile Primer? It’s a great way to:
* To discover if market profile & Jim’s philosophy resonates with you.
* Learn how we approach trading by incorporating the Market Profile.
* Learn about anchor & developed trades.
* Explicit & Implicit Information (*New)
* If you are a previous client, refresh your market observation skills & basics.
* Learn to read and interpret profile structure, which reveals not only market-generated information, but equally important, the human behavior that drives markets.

This condensed and focused primer course for Market Profile starts off with 4 intense days of linear education. The remaining 4 days will be focused on reinforcement of concepts & implementing and observing the foundational basics while being immersed in live markets. Those of you who may be familiar with Jim, know he does not prefer linear learning, but recognizes where it has its place. This will be a great opportunity for traders who are new to Market Profile to learn and solidify the fundamentals directly from Jim.

Click Here for Tentative Schedule – All webinars and materials will be accessible for 3 months after the course finishes.

Day 1

• What is Market Profile, how does it differ from Candle Charts and Bar Charts?
• Auction Theory
• Value Area – How it is calculated, understanding higher, lower, and overlapping value
• Value versus Price
• Fairest Price at which business is conducted – POC & the significance of the POC
• The Concepts of Excess & Balance
• Single Prints – What are they & what contextual clues do they leave behind?
• Things Jim has discarded from his books & why & how have they been modified

Day 2

• Various topics like the Diffusion Model, Momentum Trading, different Timeframes (Short, Intermediate, Longer Term) will be discussed. We will also cover the importance of chunking for tactical trading, reference types and their nuances, importance of overnight markets, the history of Scalping, anchor trades as a replacement for scalping, anchor trades versus developed trades, how to identify if you are a anchor or developed trader.
• Reinforcement of Concepts

Day 3

• Discussion on Chunking-where do we start? Importance of where the market opens, Weak highs and lows, Poor highs and low, Pullback highs/lows, Old Business vs Current Business, The Importance of Homework & Daily Preparation Discussion
• Explicit & Implicit Information (*New)
• Live Market Afternoon Webinar

Day 4

• Reinforcement of Concepts & Plotting the Market Profile Exercise

Days 5-7

• Morning Update via live commentary and Evening reports
• Live Market Morning Webinar
• Live Commentary
• Live Market Last Hour of Trade followed by review of important aspects of the day
• Reinforcement of Concepts

Day 8

• Live Market Morning Webinar & Next Steps
• Live Commentary