Try without charts

Peter Davies from JigsawTrading shows us in this webinar how to use the intraday volume profile to determing trade entry and exit points as well as WHY it works. The idea behind using volume profile is that one of the most important factors in future price movement is not where the market has been as much as where traders are positioned right now. Price charts show the result of trading but volume profile is better at highlighting positions currently held by other traders.

Trading without charts isn’t some advanced set of techniques for super-traders. In fact, this is the way that most prop traders start out teaching their interns to trade this way simply because it is the fastest way to get them profitable. This is not terribly complicated and this doesn’t mean you need to throw away charts either. You can incorporate this sort of analysis into your chart based trading too.
It’s just another way of looking at the action.