[eBook PDF] Volume Profile, TPO, Order Flow: Next Generation of Day Trading by Johannes Forthmann

Classical technical analysis, as taught in hundreds of books, proves to be unprofitable for traders in most cases. Well-known chart patterns and indicators can only analyze the past and are used by big market players to fool amateur traders daily in all time frames.

Here it is clearly shown why the myth of self-fulfilling prophecies has long been nothing more than an illusion. Instead, highly effective technical tools are presented that can help a day trader look behind the scenes, assess trading situations in the here and now, and follow the tracks of dominant market participants.

This book is written for day traders of the futures markets looking for new ways to trade. However, it is less suitable for beginners and more for traders who have crash-landed in the world of technical trading approaches. A first version was published in 2020 and ranked months in the upper places of trading literature.

In terms of content, this book is a greatly expanded edition with more than 120 up-to-date charts presented in color and partially in landscape format for better understanding. The great value of this book lies in its structured approach and provides further insight into the complex world of profile zone and order flow analysis. Successful day trading will not be possible in the future without it.

Micro futures and CFDs further allow trading the most liquid trading instruments with manageable risks in both directions. Basic knowledge of trade sizes, leverage, futures exchanges, and other terms can be learned for free in a few days on any reputable financial site and are not the subject of this book. Nevertheless, a few factual questions should be considered when entering this field. These will be discussed in detail throughout the book.

The author was personally trained 18 years ago by one of the most experienced U.S. futures traders and worked for a renowned Swiss asset management trading house. Day trading and hedging equity portfolios have been his specialty for 25 years.

Trade the Reality