Volume profile: do you use it in forex?

Volume profile shows how much traded at each price, revealing high-volume nodes where price tends to stall. In forex the data is tick-based rather than true volume, which changes the read.

Volume profile: do you use it in forex? — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

Do you use it?

  • the platform and data source
  • how you trade high- and low-volume nodes
  • whether tick volume undermines the method
Volume profile: do you use it in forex? — risk-reward diagram
A risk-reward ratio of 1 to 2

The candlestick guide covers the price data behind profiles.

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