A Market Profile is an intra-day charting technique (price vertical, time/activity horizontal) devised by J. Peter Steidlmayer, a trader at the Chicago Board of Trade (CBOT), ca 1959-1985. Steidlmayer was seeking a way to determine and to evaluate market value as it developed in the day time frame. The concept was to display price on a vertical axis against time on the horizontal, and the ...
Market profile shows where volume concentrated, not just where price went. The value area contains 70% of volume—fair value where most business occurred. POC marks highest volume price. Profile reveals institutional positioning and structural context.
Market Profile uses Time Price Opportunity (TPO) charts to show where 70% of trading activity concentrates within a value area. The initial balance (first hour of trading) sets the day's range framework and predicts breakout probability with 65-70% accuracy. Profile shapes like normal distribution, double distribution, and trend days each signal distinct trading strategies. Single prints and ...
WMBF News: Horry County weighing 1% sales tax hike that could lower property tax bills
HORRY COUNTY, SC (WMBF) - The South Carolina Attorney General has cleared Horry County to seek voter approval on a new 1% local option sales and use tax. If approved by voters, the tax is projected to ...
Horry County weighing 1% sales tax hike that could lower property tax bills
Myrtle Beach Sun News on MSN: Will Horry County residents pay more to shop? Officials say higher tax worth it
Horry County could vote on a new 1% sales tax. Officials say pricier shopping will save residents in property taxes.