How To Use Weekly Volume Profiles Copy

In this lesson we’ll be going over when and how to use weekly volume profiles.

Key topics from this lesson.

  • Drawing volume profiles for the previous week can give us a great understanding of the trend for the upcoming week.
  • When we trade inside the previous week’s Value Area, we can spot significant levels that price may be drawn to and react off of.
  • If price is above or below, or if price breaks out of the the previous week’s value area, it may signify a trending environment in the days ahead. 
  • Monday morning before market open is the perfect time to refer to the previous week’s profile. Where price is in relation to it can lay the trading plan for the upcoming week.
Back to Lesson