{"id":16360,"date":"2023-09-30T04:31:00","date_gmt":"2023-09-30T04:31:00","guid":{"rendered":"https:\/\/businessyield.com\/?p=16360"},"modified":"2023-10-29T23:38:48","modified_gmt":"2023-10-29T23:38:48","slug":"market-profile","status":"publish","type":"post","link":"https:\/\/businessyield.com\/bs-investment\/market-profile\/","title":{"rendered":"Market Profile: What you need to know simplified & explained","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"

When the word market profile comes across your hearing, what exactly comes to your mind? Well, it is important to understand what the market profile is about and how it can work best for you. Therefore, this article covers every topic on market profile, including the TAS market profile, target market profile, market profile chart, and trading market profile. So keep reading to discover more.<\/p>

Market Profile<\/span><\/h2>

The market profile shows all executed trading volumes for each price level. It is opposite to the normal volume indicator, which shows the trading volume based on time. It also allows you to observe the accumulation and distribution of the market. In order to see that every candlestick is not created equal. Meanwhile, some prices have significant trading volume while others have a lower trading price, either accept instantly or decline to return to the “value zone”.<\/p>

Note<\/strong>: The market profile was devised by J. Peter Steidlmayer, a trader at the Chicago Board of Trade (CBOT), who lived from 1959-1985.<\/p>

What Is Market Profile Strategy?<\/h2>

Market profile is a style of plotting “Price” on the Y-axis and “Time” on the X-axis, which typically forms a bell-shaped image for the profile’s body. It assists day traders in identifying Other Timeframe Participants (Big players) with financial and informational leverage.<\/p>

TAS Market Profile<\/span><\/h2>

TAS Market Profile is a well-known leader in the field of market, providing information, and unique technical analysis. They also provide adequate training for day traders. The major intention of the company is to implement the best charts and financial tools in the industry. With these tools, market experts can gather market information and conduct in-depth analyses of the market.<\/p>

According to the TAS Market Profile Review, experienced traders, money managers, and banks use these tools to understand market performance. And this helps them in making better market decisions. Meanwhile, market experts use the market intelligence they collect via the TAS market profile to identify opportunities and to make traders profitable. However, the company was founded by Steve Dahl, a revered expert on the Market Profile trading method. Notwithstanding, the company has three flagship products which include TAS Charting Indicators, TAS Profile Scanner, and The EDGE.<\/p>

Read Also: Sell Put Options Overview with Options Trading Examples<\/a><\/span><\/h5>

Target Market Profile<\/span><\/h2>

The focus of market research is to collect data and provide a complete picture of the target market profile. When a company does this, it creates its own customer profile, also known as a persona. Meanwhile, this is the profile of your customer who wants and needs your product and is very detailed. A good customer profile should be as specific as possible. Many companies name and draw images. They can post photos of real people who represent their markets.<\/p>

The basis of a customer profile is demographic information. You can think of these as personal statistics, which should include the following:<\/p>

#1. Target Market Demographic Information<\/strong><\/p>