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- tgwhbb replied Feb 10, 2012
EU i find a bit harder to read, but here are my thoughts. London session initiative downside back into last week's completed VA. I period clear break back into VA (VAH 3220). L period bounced at VA median point (i use 50% to approximate at 3150). ...
Auction Market Theory and Market Profile
- tgwhbb replied Feb 10, 2012
ES overnight looks like a 3i day. my overnight profile is Tokyo/Europe together. Initiative action leaving the previous overnight and NY VA, initiative extension, and initiative TPOs. weekly profile show initiation leaving weekly control downwards. ...
Auction Market Theory and Market Profile
- tgwhbb replied Feb 10, 2012
one of the things i like about robin's charts is that they are not bound by typical timeframes, they are defined by value areas, irrespective of time. It helps visualize the big picture IMO. Area A is always the long term profile, going far back. In ...
Auction Market Theory and Market Profile
- tgwhbb replied Feb 9, 2012
robin mesch outlook for february. no EU analysis, but still great info to learn how she interprets the charts. url
Auction Market Theory and Market Profile
- tgwhbb replied Feb 9, 2012
good insight, thanks! In fact i closed the trade when the test high wasn't broken in the following 2 bars.
Auction Market Theory and Market Profile
- tgwhbb replied Feb 9, 2012
missed the first entry this morning on EU. long on pullback in E. risk 7p. let's see how this goes... notice E period is low volume test of yesterday's high (VSA). A break above E period is needed to confirm - again VSA. for MP, a break above E also ...
Auction Market Theory and Market Profile
- tgwhbb replied Feb 9, 2012
ES today likely a LLB i think. Potentially it's going to fill the gap from last week's breakout (LUA). quarterly VAH hit overnight, therefore higher probability it will be revisited.
Auction Market Theory and Market Profile
- tgwhbb replied Feb 9, 2012
it again comes down to preference. I prefer using the CBOT times (futures market, and NYSE hours) for NY pit sessions. That means 9:30 AM eastern/ 14:30 UTC. However, there is the notion of "pre" market which can be considered from 8 AM eastern. I ...
Auction Market Theory and Market Profile
- tgwhbb replied Feb 9, 2012
current thoughts — unfortunately i was stopped out at BE on both my ES and EU trades overnight...such is the nature of trading i guess. I had lower references where I could have place stops, but decided to keep them tight given the location of ...
Auction Market Theory and Market Profile
- tgwhbb replied Feb 9, 2012
nice trade none the less. Mine from earlier yesterday was stopped out at BE
. Note however that Tokyo opens at 9AM local time, 0 UTC, 7PM eastern. i guess that hour before (8AM tokyo time) can be considered the electronic pre-market. This is the ...Auction Market Theory and Market Profile
- tgwhbb replied Feb 8, 2012
food for thought, that open-test-drive was before Tokyo open. it was during Sydney IB. just my opinion, but trading sydney open is tricky IMO due to low liquidity.
Auction Market Theory and Market Profile
- tgwhbb replied Feb 8, 2012
The gap from the prior US session is the buying extreme.
Auction Market Theory and Market Profile
- tgwhbb replied Feb 8, 2012
evak, would you consider yesterday's NY EU session a 3i day? It opened above Monday's NY high, found initiative buyers at the open, initiative extension in C period (on my chart), and initiative TPO's.
Auction Market Theory and Market Profile
- tgwhbb replied Feb 8, 2012
ES found support at weekly control, and repaired the anomaly from yesterday as well. long as shown. i'd like to see a close at end of NY session in overnight VA. Else i will consider closing it. but ultimate target is still 1354 area
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- tgwhbb replied Feb 8, 2012
EU support hit, and bounced. 3220 is also multi-month VAH (and previous anomaly swing high) which looks like it is holding. have a long in place as shown. a word on VSA. note the ultra high volume on the last 2 30-min down bars. Both closed in the ...
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- tgwhbb replied Feb 8, 2012
looks to me like both ES and EU are overbought. A LLB would be good now to flush out those late weak longs. took small longs on ES and EU at NY open when break of London overnight did not occur. immediately set SL to BE when tops were not taken out. ...
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- tgwhbb replied Feb 7, 2012
so i still need to work on my patience
closed out too early on ES. Waiting for tomorrow pre NY for re-entry. unless value builds below blue line (today's pullback low), bias is still long-side. I'll be looking for re-entry long around 1340.Auction Market Theory and Market Profile
- tgwhbb replied Feb 7, 2012
hmm, in hind sight, ES today is an outside day, failing at the bottom of current range, and breaking through to new weekly high with value squarely above last friday's VA. i'm tempted to remove my SL overnight to keep the good trade location (at ...
Auction Market Theory and Market Profile
- tgwhbb replied Feb 7, 2012
i've been wanting a time indicator (for the different markets) like the one you have for a while, would you mind sharing?
Auction Market Theory and Market Profile