i took that short at 4865, target is yesterday's VAL ~1.48 - which is also NY DIBL. What i'm wondering now is if today is a setup for a mid term correction down. For the last 5 days value has not gone up - Value range is 100 pips from 4780 to 4880 ...

Auction Market Theory and Market Profile

NY DIBL looks like the next downside target. 1.48. quite the roller coaster...

Auction Market Theory and Market Profile

London and NY IB were open-drive IB's indicating high confidence and both on good volume. While EU is currently at 150+ pips range for the day, we could see a pop to NY DIBH ~ 4992. However, London DIBH = NY IBH, so we may have to wait till after LO ...

Auction Market Theory and Market Profile

very nice analysis. My judgement has been clouded i think, looking for 4650 (april's VAH). No longer looking for that.

Auction Market Theory and Market Profile

and now value is building in Z period at the top as well, indicating this breakout is not a fakeout.

Auction Market Theory and Market Profile

is it just me or is volume really high for this time of day?

Auction Market Theory and Market Profile

thx! I enjoy the exercise as well, mostly though to go back and see where I was wrong

Auction Market Theory and Market Profile

there was a question earlier abou the weekly profile. while I'm no where near a pro, here's my take on it. last week's VAH was tested and rejected - setting this week's IBH. This happened after opening in last week's value. we should expect to ...

Auction Market Theory and Market Profile

so, as to be expected, this being NFP week, it is not meant to be an easy week. as mentioned i got out unscathed today, so time to take a step back and look at the charts again. Here's my rationalization of what has happened during this weekly IB. ...

Auction Market Theory and Market Profile

indeed, my "shorts" were getting hot!!

Auction Market Theory and Market Profile

closed all shorts @4838 (developing VAH), small profit for the day, patience paid off.

Auction Market Theory and Market Profile

i'm in the same short. last one for the day if it doesn't work out...but POC and value are down below, so a retrace should happen....

Auction Market Theory and Market Profile

well, terrible day so far... that's what i get for trying to short the euro...

Auction Market Theory and Market Profile

i assume you mean DIBL @ 1.4723. That is my target as well. mz, re IB volumes, check out today's. London IB 75% wider than average, on 21% increased volume, this supports the down move IMO. NY IB 75% wider than average, but only on 8% more volume, ...

Auction Market Theory and Market Profile

looks like buying climax after all...4860 will make a nice short entry again if the PA is right.

Auction Market Theory and Market Profile

nice trade management! i took a short back at 4870 but exited way too early once again when some volume came in just above the POC...

Auction Market Theory and Market Profile

notice though how that buying climax bar on the 15M closed above value and was highest close of the day at that point. It could be considered as absorption of supply.

Auction Market Theory and Market Profile

narrow range for NY IB tells me price didn't have to go far to find buyers or sellers, therefore it was in accepted value. You are probably right, price will find its way back there as it coincides with the developing POC. London certainly not ...

Auction Market Theory and Market Profile

for me EU only confirmed bullishness in "d" period, prior to that i still had bear bias. prior to NY open, developing POC was lower around 1.4795, and VA was overlapping lower, and EU stopped one-timeframing. However, during NY IB and shortly after ...

Auction Market Theory and Market Profile

um, well, that is quite the reversal on the 5M...out of short at -1. just watching for now...

Auction Market Theory and Market Profile