Painting the Tape – Episode 13: Single Prints, Gaps, and Market Generated Information

Hosts: Leo, AJ, Stowe

[00:00] Introduction & Banter
Meet the hosts and catch up on recent trading days, including reflections on trading during major news events and the challenges of market bias.

[03:00] Episode Theme Introduction
The hosts introduce the main topics: single prints, gaps, poor highs/lows, and market-generated information (MGI) in trading.

[06:00] Single Prints Deep Dive
Leo explains the concept of single prints in market profile, how to spot them, and why they matter. The group discusses the statistical significance of single prints and how they can help traders avoid getting run over on trend days.

[15:00] Using Single Prints in Your Trading
Discussion on how to use single prints as contextual tools, the dangers of over-interpreting them, and the importance of adapting strategies to market conditions.

[25:00] Gaps: Real vs. Fake
The hosts define what constitutes a real gap (opening outside the prior day’s range) versus a “fake” gap, and debate common misconceptions. They share insights on how to trade gaps and why not all gaps are created equal.

[35:00] Poor Highs and Lows
A breakdown of poor highs and lows in market profile, what they signal (exhaustion vs. initiation), and how to interpret them in your trading. The hosts share personal biases and how these structures influence their decisions.

[45:00] Market Generated Information (MGI)
The team explains MGI—what it is, why it’s important, and how to use it for better spatial awareness in trading. They discuss key reference points like overnight highs/lows, initial balance, and value areas.

[55:00] Closing Thoughts & Listener Call to Action
The hosts recap the episode’s key lessons: the value of single prints, the importance of understanding real gaps, and using MGI for context. They invite listener feedback and encourage reviews on podcast platforms.