it appears your judgement is better than mine... of course, its market profile basics... price goes from distribution A to distribution B, then back up to test A, and if a distribution build in between A and B then the move should result in going ...

Auction Market Theory and Market Profile

attached is why i closed. EU trying to move into mini HNV, highest volume bar of asia at the top closing off the high with next bar down. probably wrong time to exit as per my usual , but i need a break

Auction Market Theory and Market Profile

stopped out at 4560 done for today, not sure what i'll do tomorrow yet...

Auction Market Theory and Market Profile

my SL is at 4531, and target still 4600, i'm not convinced it has enough legs to go more than that...not yet at least, no evidence of strong buying at the bottom...

Auction Market Theory and Market Profile

agree, but sometimes "buy more" works only if you have really big pockets even if you bought during today's drop and held, you'd likely still be negative several hundred pips...i wonder how many accounts got margin calls today for just that ...

Auction Market Theory and Market Profile

that's another good point, if 4490 breaks, the weekly stops one-timeframing...

Auction Market Theory and Market Profile

ok, we're seeing the same levels so, you are thinking this move today is a fakeout? honestly, part of me was thinking that earlier, which is also why i got out of the short from NY IB "early". But given all the levels EU broke through today ...

Auction Market Theory and Market Profile

I'm curious why you chose that level. EU already at 430 pips for the day, going down to 4452 means an extra 60 pips, given the time of day, i don't think it will get filled today IMO. that said, tried to catch a falling knife twice today and got cut ...

Auction Market Theory and Market Profile

at least being on the west coast you can stay up for the london open!

Auction Market Theory and Market Profile

same here! I knew you'd be in my target is NY IBL / VAL ~ 4670. correction, first target is weekly DIBL @ 4600

Auction Market Theory and Market Profile

all i can say is WOW, what a day. While i lost $$ this week, i'm actually quite happy. i went into the week expecting to bracket, but expected an upside breakout. Sure enough i was proven wrong, but what i'm happy about is that I realized it ...

Auction Market Theory and Market Profile

yep by the looks of it, i'd say EU is heading for NY DIBL ~1.4510...which would make for an astonishing 400 pip day!

Auction Market Theory and Market Profile

in trading @ = around or about as well i guess this is why James Dalton says you don't go against the move in a trend day...was BE for the week before trying to catch the falling knife...now -1% for the week....

Auction Market Theory and Market Profile

indeed...i honestly was not expecting this to happen today, the day before NFP...i went to bed last night thinking today was going to be an inside day...so much for that... I'm long at the weekly DIBL. Optimisitlcally to 1.47 (developing VAL), ...

Auction Market Theory and Market Profile

so much for that bounce at 4650...closed my long for a loss...how far is this thing going to go!!

Auction Market Theory and Market Profile

its been a while since i've posted a chart, so here's my interpretation of EU since yesterday. 1. HVN that tested Wednesday's VAL during asia, EU bid and went up from there 2. london built value above wednesday's VAH and volume was still bullish. 3. ...

Auction Market Theory and Market Profile

lol, yes quite the move...now EU is starting to balance in 'a' period between about 4700 and 4677. 4677 is right near last wednesdays naked POC, and near also week's VAH ~4650. I would suspect a good bounce at 4650, but we'll see. I'm watching to ...

Auction Market Theory and Market Profile

I guess you can consider this NY IB as an open-drive

Auction Market Theory and Market Profile

i was just about to write that for me, in order to be convinced of a short bias, today would have to close down for the day. Then EU fell through the floor picked up a quick 67 pips on the way down, lucky i supose. LAst night I could not hold ...

Auction Market Theory and Market Profile

closed at 4820 just after NY close spike down...time to prepare dinner was aiming for 4800, but didn't want to risk it while away.

Auction Market Theory and Market Profile