Howdy Nagual... nice to see someone mapping profiles on coffee. Notable is that 139/140 area has been significant at many junctures in past... all the way back to last summer finding what i call 'equilibrium' or congestion, which become price magnets. Mapping these value areas or POCs as Steidlmayer says and keeping long term maps I find very useful. So many ways and timeframes to trade MP, but I basically only map volume by price and don't treat any one day as totally significant by itself unless extreme. It's the ranges, i.e. a volume weighted S/R.. Some of Stedlmeyrs other concepts, ie using "tails' to trade acceptance/rejection of POCs are good ideas and the Failed auction scenarios are notable.
The volume map is an invaluable barometer, IMO. Funny in my early years of trading I thought I was on to something when I conceptualized the volume map before ever hearing of MP... I'm sure any trader worth his salt that uses volume would've done the same eventually...
My coffee trading has been minimal compared to other markets lately, but I'm always interested to read what you guys are up to in the KC.. also thanks for posting the Differentials, very much followed and appreciated.. cheers
Here's vol by price hourly look of recent action...