Low Volume Node or LVN

An area inside of a market profileA way of reading the market that recognizes either time spent or volume traded at a particular price level. A market profile can be either made up of “TPO’s” (time price opportunities), or volume. TPO’s measure how much time was spent at a particular price, while volume-based market profiles measure how much volume traded at a particular price. Generally, market profile is used in the trading of futures, especially the /ES. ShadowTrader utilizes volume based profiles. where a very small amount of volume has traded. Usually an area that is “rejected” quickly by the market, thus the market does not spend a lot of time there. The theory is that when markets trade to these areas, they will be rejected again as these are areas that do not represent valueThis value has nothing to do with valuation.  It denotes prices that are "fair".  Fair in this sense means a price that is common to a lot of participants.  An item that you buy once per week in a store at a price that doesn't fluctuate has a "fair price". You can express this by a formula Value = Price + Time or Value = Price + Volume Either of the above are valid ways of expressing value.  In the first equation, value is defined by price staying the same for a long period of time.  In the futures market, this would be an area that is revisted a lot during a particular session or multiple sessions.  The point of control is the price level where the most amount of time was spent during an RTH session.  James Dalton refers to this level as "the fairest price to do business". Using vo... in the market.