I'm trying to understand the concept of 'val' in the context of trading. Could someone explain what it means and how it's used in trading transactions?
5 answers
Martina
Fri Nov 01 2024
In the Value Area, the VAL signifies the lowest price point.
OliviaTaylor
Fri Nov 01 2024
The VAL represents the Value Area Low.
SakuraSpirit
Fri Nov 01 2024
It is derived from the concept of Market Profile.
Martino
Thu Oct 31 2024
Traders frequently view the VAL as a critical area.
Dario
Thu Oct 31 2024
It often acts as a zone of support or resistance.