02
Playbook 02 · 8 Slides · Volume Profile

Volume
Profile

Reading market acceptance and rejection through the volume profile — from building meaningful profiles to executing high-probability rotations, traverses, and naked POC fades. Context first, execution second.

Slides
8
Complete playbook
Use Cases
3
High-probability setups
Key Concepts
6
POC, HVN, LVN, VA, nPOC, LVN traverse
Source
ITI
International Trading Institute
About This Playbook

Volume profile is not a signal — it's a context layer. This playbook covers how to read where the market has accepted price versus where it has rejected it, and how to align trades with that behaviour. Built from the ITI article on acceptance and rejection, adapted for ES and NQ futures with practical execution context. Work through all 8 slides in order on first read, then use individual slides as pre-session reference.

InstrumentsES · NQ · MES · MNQ
MethodologyAuction Market Theory
TimeframesDaily + Intraday
SourceITI — Jasman Mann
All 8 Slides
VOL
SLIDE 01
What Is Volume Profile — Acceptance vs Rejection
The foundational concept — how the profile organises traded volume by price, what acceptance looks like, what rejection looks like, and how the point of control and value area frame every trade decision.
🏗️
SLIDE 02
Building Profiles With Intention
Session vs composite vs catalyst-anchored profiles. How to choose the right window and avoid over-fitting. Two checks that keep the process honest.
🌅
SLIDE 03
Reading the Open
How to read the first hour without labelling the day too soon. Drive vs rotation signals. Tracking whether fresh volume is building at new prices or being rejected.
📖
SLIDE 04
Core Definitions
POC, HVN, LVN, Value Area, nPOC (naked POC), LVN traverse. Precise, operational definitions you can trade from — not textbook theory.
🎯
SLIDE 05
Three High-Probability Use Cases
Rotation back to fair price · Naked POC rejection · LVN traverse. Context, entry logic, and clear invalidation for each. Not mechanical setups — structured reads.
📐
SLIDE 06
Risk Framing
Stops tied to structure, not round numbers. Targets at next accepted zone. Position sizing that scales with volatility. The constant: % equity at risk per idea.
🌊
SLIDE 07
Regime Awareness
How to filter the same profile read through balanced vs trending vs catalyst regimes. Why the same structure produces different outcomes in different environments.
🔄
SLIDE 08
Intraday Planning Cycle & Common Errors
The pre-session checklist. The 3-step planning loop. The 3 errors that recur across all markets — and a journalling framework for turning the profile into statistics you can trust.