Market Profile and market logic Part 1 by Thomas P. Drinka and Robert L. McNutt
ARTICLE SYNOPSIS ...Market Profile and market logic Part 1 by Thomas P. Drinka and Robert L. McNutt
Following more than four years of development by J. Peter Steidlmayer and the Chicago Board of
Trade, the CBOT Market Profile and Liquidity Data Bank went online in 1985. With the availability of
the real-time representation of market activity, the general public now has access to market-generated
information which previously had been available only to individuals who traded on exchange floors. As a
result, it is now possible to get the ""feel of a market"" without being in the trading pit.
The purpose of this ar...