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doggette replied Mar 23, 2016This is how market profile keeps you out of the trades that supply/demand would normally call for - today its clear that we have a bearish profile open (below value area) which is now supported even more with the initiative activity by extending the ...
Finding true Supply/Demand on your chart
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doggette replied Mar 23, 2016Setup invalidated, extension of initial balance downwards
Finding true Supply/Demand on your chart
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doggette replied Mar 23, 2016AUDUSD possibilty of a continuation trade long. Trade requirements: Bullish engulfing on M30 with profile initial balance extension. Invalidation conditions: IB extension downwards
Finding true Supply/Demand on your chart
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doggette replied Mar 23, 2016Aaaand too early in the day. Trading gold outside of comex hours is super tricky. I shall try again later
Finding true Supply/Demand on your chart
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doggette replied Mar 23, 2016Gold setup for long intraday. Prevailing trend: Up Confluences: H4 QLo ADR exhaustion Initiative activity to the upside during London Looking for the current low to hold however line in the sand for the whole area is at 1224.50 I am long from ...
Finding true Supply/Demand on your chart
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doggette replied Mar 21, 2016Decided to book the profits on these, I don't like the price action anymore so I took some cash there to have as a buffer for tomorrow.
Finding true Supply/Demand on your chart
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doggette replied Mar 21, 2016New idea for short S&P trade: Strong supply slightly higher up that matches a Weekly conterminous line and today also comes within average daily range. Should the price create a distribution, there's a short trade waiting. If that happens to match ...
Finding true Supply/Demand on your chart
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doggette replied Mar 21, 2016Semi-swing one is now testing London Value area Low, which is a normal behaviour, no initial balance extensions either side yet. Means that institutions are not awake yet
For those who can't make out why I have 2 orders - I've split the full ...Finding true Supply/Demand on your chart
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doggette replied Mar 21, 2016Later on Friday price reversed as usual post NY cut. Waiting for the target now at least at 1.4323
Finding true Supply/Demand on your chart
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doggette replied Mar 18, 2016Cable invalidation of trading idea until Monday - price still inside strong Daily supply, but profile has extended to the upside and rejected Value. No trade.
Finding true Supply/Demand on your chart
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doggette replied Mar 18, 2016GBPUSD reaching a strong Daily supply at the extreme of swing. There is currently a phase 3 on 30min chart, but that needs to be confirmed by initial balance extension in absence of strong bearish engulfs. Waiting...
Finding true Supply/Demand on your chart
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doggette replied Mar 18, 2016Low initiative activity yesterday. Trying again. Short AUDUSD, new info. Market profile open below value. Conterminous Monthly Supply demand line Short no 1 - intraday Entry 0.7620 | stop 0.7640 | Target between 0.7583 & 0.7545 Short no 2 - swing ...
Finding true Supply/Demand on your chart
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doggette replied Mar 17, 2016And its in. Stop slightly higher this time around 7658/60, since there is a supply around here. Target anywhere around 3-5x r/r For the afternoon session, I am looking for extensions of initial balance back towards the New York value:
Finding true Supply/Demand on your chart
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doggette replied Mar 17, 2016Possibility of short audusd, should we get London initial balance extension to the downside. Price is consolidating following London open, but still needs confirmation of a turn, which happens in the next hour or so. Reasons: ADR exhausted Hitting a ...
Finding true Supply/Demand on your chart
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doggette replied Mar 16, 2016USDCAD intraday short Trend: Mixed Confluences: Rejection of Monthly QHi in progress H4 QHi Potential selling tail on the profile Last trade for today before FOMC: Shorted USDCAD after the CPI numbers. Canada came out with very nice manufacturing ...
Finding true Supply/Demand on your chart
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doggette replied Mar 16, 2016Eurjpy is now no longer valid, time of day for trading the London session is gone. I am done with trading until tomorrow, post FOMC.
Finding true Supply/Demand on your chart
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doggette replied Mar 16, 2016On which trade? audusd or eurjpy?
Finding true Supply/Demand on your chart
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doggette replied Mar 16, 2016EURJPY trading idea Short. Trend on medium timeframes: UP Confluences: Rejection of Daily QHi Looking for: extension of London initial balance to the downside. I have placed a sell stop at 125.70 which will become my entry for a momentum trade. My ...
Finding true Supply/Demand on your chart