Thin Profile (See Chart)-
Indicates a trend
One side of the market is very aggressive
No time to accumulate volumes
Volume clusters within the thin volume profile
In Forex- most of the time with major pairs- means imbalance which is a great trade to do apposite of that move, in minor Forex pairs means very little liquidity and volume and means harder to trade due to the lack of big banks and hedges involved with a particular pair.
Indicates a trend
One side of the market is very aggressive
No time to accumulate volumes
Volume clusters within the thin volume profile
In Forex- most of the time with major pairs- means imbalance which is a great trade to do apposite of that move, in minor Forex pairs means very little liquidity and volume and means harder to trade due to the lack of big banks and hedges involved with a particular pair.