Vol. 06
Volume Profile
Where the Market Did Business
Cumulative delta followed the flow of aggression across time, one bar after the next. Volume profile asks the other question, not when business was done but at what price. Stand the same volume on its side and it stops being a timeline and becomes a map, a record of every level the market chose to dwell at and every level it refused. Read the shape of that map and you read where value lives.