Mathematically, you are correct. However, roulette wheels are mechanical and have flaws if not maintained and replaced. These flaws can create a so-called biased wheel through which an edge can be found over time (as more knowledgeable others have ...

Higher Edge within a Single Candlestick

I don't post much here, but I read this everyday (almost) and appreciate all of it (including the tunes!). One of my favorite threads actually...

Diversified Trend Trading Approach

Oanda spread spikes make trading difficult: make sure you click maximum (not average) url

OANDA Discussion

Shorted breaks of 5/10/15/20 on NJ, NCHF, and GCHF. Let's see if they keep running.

Auction Market Value Theory & Analytics

Shorted UJ, break of 5-20. Longed GCAD, break of 5, probably a shorter term trade.

Auction Market Value Theory & Analytics

I am still holding my EU long (was painful watching that ECB spike down, but the data was still valid, so I held it). I will evaluate closing it before the weekend if EU happens to pause tomorrow. I also joined the AU break. Good trading everyone. ...

Auction Market Value Theory & Analytics

Exit at node, will look to re-enter if 15 breaks. image

Auction Market Value Theory & Analytics

I'm looking at EU. Been bracketing on 20, 15 and 5. No real trend to follow, but Vty is rising again, 3 day flow flipped from negative to positive and then jumped higher on my calculations. tpo count favors sellers on 5 day overlay, but three day ...

Auction Market Value Theory & Analytics

Thank you for the thoughtful explanation; much appreciated. I am basically creating an overlay indicator and spreadsheets from scratch, while also adding my own flavor on a few items according to my interpretation of the generated data, which is ...

Auction Market Value Theory & Analytics

Thank you, more reading Based on my review of the net flow analysis, it seems clear that cisco is disregarding if a given day is not bracketing (has multiple distributions) for purposes of poc, and va upper/lower values. However, it seems to ...

Auction Market Value Theory & Analytics

Yes, thanks for those; that makes good sense, mzvega. When learning this vbpt approach, I find it necessary to read the various source materials multiple times. It is easy (at least for me) to gloss over items that seem initially inconsequential ...

Auction Market Value Theory & Analytics

Since when does Oanda have a saturday bar? Is this new?

OANDA Discussion

Tail, it looks like cisco is taking the average of the last three days and comparing it to the oldest day to give an estimate of increasing or decreasing. I don't know if that is prudent or not, but that is what it looks like to me...

Auction Market Value Theory & Analytics

thetail, I see what you mean, I agree with that approach if you are combining dir and act tallies for a net value. Of course, one need not combine them unless you really want/need a net value. I am trying not to use a value for my net. For example, ...

Auction Market Value Theory & Analytics

Could you clarify what you mean by this? When would they be asymmetrical for ascending vs descending markets? Thanks. For me, I find it odd to assign +1 to TFF increasing while also assigning +1 to TPO total, VTY, & VA Range increasing. Unless ...

Auction Market Value Theory & Analytics

Hey there, thanks for the comments. I only rely on tff in my net flow review, so it is a small factor overall, but I currently plan on assigning rising tff -1. Also, I am unclear on how ciscso did this as well as the old charts seem to just show tff ...

Auction Market Value Theory & Analytics

Primarily posts 569-574, along with some observations of activity reference point tallies throughout the thread (apparently assigning +1 to rising tff. My gut says assign -1 to rising tff). Comments like this, for example: "So in the short TF (daily ...

Auction Market Value Theory & Analytics

I have read here that rising TFF means more activity than yesterday (for purposes of activity reference points for daily net flow), but I am unclear why that is the case. I have read up on what TFF implies (primarily from vbpt, cisco references, and ...

Auction Market Value Theory & Analytics

Thank you for the clarification. Yes, I see now that poc only applies to bracketing overlays. I was confused because the indicator calculates poc for nonbracketing overlays, which didn't make sense in view of the examples of chapters 5 &6 of vbpt.

Auction Market Value Theory & Analytics

In a bracketing overlay covering longer periods, more tpo's above the poc typically infers downward pressure because more traders above the poc are trading short than buyers below trading long -- pure auction activity in a balanced market (if i have ...

Auction Market Value Theory & Analytics