for what it's worth, UJ looks like a sell to me, not a buy...last 2 30M upbars into previous top, on UHV, and the UT bar not breaking highs... I'm not trading it as i've only started following it, but that's my point of view on it.

vsa with Malcolm

thx, was starting to get hot under the collar as price kept testing lower...1st target DIBH/naked POC at 4220. if little supply there i will hold for a test of the weekly IBH set early sunday, and hope for a break out...we will see...has EU put in ...

Auction Market Theory and Market Profile

Hi mz, short bias to where? What is your target low?

Auction Market Theory and Market Profile

long at 4160. This one i think i'll be patient with and may take a bit of a draw down on it since EU appears to be in a bull flag since Friday's high...drift down on very low volume on every timeframe...with buying apparent on the lows on the 5M ...

Auction Market Theory and Market Profile

man was i completely off there .... UJ back near Friday's high...

Auction Market Theory and Market Profile

DD days aside, today's UJ profile changed in the last few periods creating what looks like a selling tail at the top. Given the lack of buying tail, would that still makes today a non-trend day? even if not, the bottom of today's profile is ...

Auction Market Theory and Market Profile

Thx! looking forward to reading Mind over Markets during my upcoming vacation!

Auction Market Theory and Market Profile

Hi mz, agreed the original context of the theories are based on stocks prior to 24hr trading. While 24hr trading does pose some interesting twists, i wonder if it really was not taken into consideration in the original theories, because there is ...

Auction Market Theory and Market Profile

Hey pres, i was wondering, if EU breaks the low of this daily NS, does that negate it? I ask because i'm looking for a long around 4160 and I believe you posted about looking for a long around 4130 and wondering if you've changed your entry target ...

vsa with Malcolm

i think you already posted something similar about rotations favoring buyers or sellers, but i don't remember how you get that result (+7) nor how you determine it on spot forex given you can't tell the difference between bid vs asks ticks.... Can ...

Auction Market Theory and Market Profile

UJ double distribution? — Based on everything i've read, it appears double distribution days are quite rare. But could this be one of those rare occurences on USDJPY on Friday? Based on the definition of a DD day, if the single print in ...

Auction Market Theory and Market Profile

nice day — besides the crappy weather over here, and besides no trades taken, today is an excellent day for EU IMO! A normal distribution day with buying and selling tails (circled area), signaling no major threat to the current move, so the ...

Auction Market Theory and Market Profile

based on what i've found so far, the general consensus on IB extensions is the following: IB = High - Low of first hour of trading IBH = IB high IBL = IB low 150% extensions: IBH + IB/2, IBL - IB/2 (aka half IB extension - HIBH, HIBL) 200% ...

Auction Market Theory and Market Profile

here's the same chart but with the text height adjusted as per bandung's instructions. (that solved the sluggishness problem as well as read-ability).

Auction Market Theory and Market Profile

agree 100% on trap move. SOW on 5M...but no where else just yet...still too early though

vsa with Malcolm

EU peirced thru the range high - won't say brokeout as its not yet proven, but defintely earlier than expected...on the same train of thought as you prez, just hoping london will offer a nice retrace to get back in long...

vsa with Malcolm

on the move already!! — Looks like I should have stayed in the long from friday...EU on the move already and broken Friday's high...i'm still waiting to see what london does though, hoping it will offer some sort of retrace to get back in long ...

Auction Market Theory and Market Profile

EU yearly — There were quite a few good posts on the longer term profiles on EU this weekend, i thought i'd add one more to the mix to start a discussion around one-timeframing vs value areas and which are more dominant Attached is a chart of ...

Auction Market Theory and Market Profile

last of the week — indeed the daily profile stopped one-timeframing today. While i'm no expert in one-timeframing mechanics, here's my take anyway. on the TPO chart we can see how today's low did not break the weekly/monthly VAL which has been ...

Auction Market Theory and Market Profile

Can't wait to get Markets in Profile delivered...should be here next week...good vacation reading

Auction Market Theory and Market Profile