IB — currently the NY IB is about 15 pips, very narrow for NY...there's still 22 minutes left, but nonetheless, the reason for posting this is for learning purposes. Let's assume the IB remains narrow as it is...an average NY IB is about 34 ...

Auction Market Theory and Market Profile

here's why...looks like EU dPOC is about to move up to 1.43... 4267 buy limit is set, just above the previous POC and surrounding shelf. The question is, will EU make it there... There is also no selling tail at the top, so more upside room...

Auction Market Theory and Market Profile

just woke up to see my long from yesterday at 4230 played out nicely. SL now set to 4290 just below the last 15 swing low. Will probably get stoppped out during NY open unless they run it up right away... looking at 4267 (weekly IBH) for ...

Auction Market Theory and Market Profile

UJ? — i posted this in the VSA thread, but from a structure perspective, tuesday looked like a b profile and monday a non-trend day...could UJ be ready to revers?? url Thoughts?

Auction Market Theory and Market Profile

is anyone else seeing bearish volume on UJ...or am I just reading this completely wrong...is that bearishness just getting absorbed?

vsa with Malcolm

thinking outside the box is always a good thing IMO. Food for thought...Friday was a clearly bullish IMO. And many were probably jumping on board late expecting EU to fly thru the roof on Monday, but alas it did not and produced a down day with very ...

Auction Market Theory and Market Profile

the logic is sound, and i agree that a squeeze would be a good sign for more upside. What bothers me is that they tried that yesterday in Asia, but couldn't pull EU down that far, And today's POC is now in line with yesterday's making what looks ...

Auction Market Theory and Market Profile

which indicator, and what gaps? I don't see gaps on my chart for GU nor EU...maybe it's your broker?

Auction Market Theory and Market Profile

while not the smartest of entries at 4230 given the time of day etc, there are still signs of initiative buying at today's developing VAH. still in that small long position and being patient with it as EU is currently caught in between 2 POCs - ...

Auction Market Theory and Market Profile

didn't realize Obama was talking today...in any case, I was looking for a long at the VAH but missed it. looks like initiative buying at 1.42 (VAH), will they absorb the sellers at the top? i took a small long at 4230, let's see what happens, but ...

Auction Market Theory and Market Profile

tempted to go long on EU after that crazy bounce off the developing VAH...

Auction Market Theory and Market Profile

guess i should have stayed in... oh well...still got 60 pips today

Auction Market Theory and Market Profile

good place for a small short IMO, selling tail in today's profile at yesterday's POC. you are stronger than I...still can not convince myself to short this pair...

Auction Market Theory and Market Profile

closed at no longer naked POC 4222

Auction Market Theory and Market Profile

15M looks like order matching and absorption of sellers. Moved SL to just under that pin bar ~4199

Auction Market Theory and Market Profile

hmmm, that would be the greed factor talking but seriously, given the large shakeout last Friday with good buying volume, if the old tops can not be taken out and EU can't break above 4280 area and hold, would that not signal possible weakness ...

Auction Market Theory and Market Profile

weekly initial balances — I'm wondering how long initial balances should be considered, especially weekly. Take for example last week's weekly IBH at 4147. It took up to Thursday to break through it, and today's low was basically a back test ...

Auction Market Theory and Market Profile

thx! i'd like to see a 150 pip day to push EU above 1.43 and the old highs...but i won't hold my breath...SL to BE...

Auction Market Theory and Market Profile

agreed 100%...convincing 30M close above NY IBH ~4189. strength seems to be proving itself...

Auction Market Theory and Market Profile