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TPO chart


ruten

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there is no volume in market forex or any data not work market

 

If I'm right TPO= time price opportunities. Where is the volume here?

 

Ok.

A time price opportunity is just that, a window of opportunity for a trade at a certain price at a given point in time. Once a single trade takes place at this market opportunity, a print is recorded on the Profile chart. A TPO simply dentifies for us that at least one trading activity has taken place at a specific price within a specified period of time. A TPO on a Profile chart can be visually represented in a number of different ways. It could be as simple as a single colored block or a letter in the alphabet. And if I do not using volumes in my trading activity, but want to know or to see the trading opportunities and value area at a given point in time then why would I use a paid datafeeds?

Especially since I always hold the opinion that volume is the reaction of traders to some other event. And TPO chart with value area helps me to get exactly place of my future deal, no matter what happens

with volumes.

 

Regards

Edited by ruten
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