food for thought for the weekend... image friday afternoon volume not drying up during this up move...good SOS IMO. now let's hope they can drag price back down to near 3840 on sunday so we can get in long at a better price...

vsa with Malcolm

for the short term trader like myself, monthly profile provide stronger supply/demand levels to watch. The profile itself however doesn't give much indication because of the duration it takes to build it. but what it does show us is if hte past ...

Auction Market Theory and Market Profile

well, we'll have to see what the rest of the day has in store for EU, but i guess is should not post during an IB My last post was with 15min remaining in the NY IB, and practically at the very moment EU reversed. Upon 2nd look at my charts, i ...

Auction Market Theory and Market Profile

the issue with that bar IMO is that it can also be considered a low vol test of February's value high. If that last up bar closes above the high then IMO that completes the reversal pattern. plus the 5M seems to be showing signs of absorption as the ...

vsa with Malcolm

those upthrusts have not been confirmed, signaling more strength (absorption) IMO. i'm not in at the moment, looks like it will have to wait till monday

vsa with Malcolm

anyone else seeing similar volume right at the day's high? 5M 2-bar reversal followed by ND. Not sure if its just my broker that shows the gap that has been unable to be filled so far...

vsa with Malcolm

hey guys, haven't been trading much this week unfortunately...or maybe fortunately as I was not thinking EU would drop this far down this week... My current thinking...the naked weekly POC at 3674 looks like its going to be visited as price ...

Auction Market Theory and Market Profile

that would be considered a no supply, but it is in the wrong place. 3 bars before that is the ND.

vsa with Malcolm

correct it is changing throughout the day, but most profile indy's posted to this thread for MT4 will adjust the value area automatically as the day progresses.

Auction Market Theory and Market Profile

the yellow area is the value area, so the top is VAH and bottom VAL. The "D" indicates "developing" since its the current day and the profile is in flux throughout the day. the value area is where there was activity for 70% of the profile period ...

Auction Market Theory and Market Profile

hey frank, just noticed your H4 price bars are completely different than mine. my H4 bars are at 0,4,8,12,16, an 20, GMT time. What are yours?

Auction Market Theory and Market Profile

i can't seem to find 3842 as a VAH on my H4 or D1 chart. Can you post a chart showing that VAH please. Thx!

Auction Market Theory and Market Profile

food for thought - USDCAD — Ok, I've been watching UCAD for the past week, and while i find it terribly painful to watch due to a 60 pip range in the last week, it does pose some interesting exercises for AMT learning. Above is 4 weeks of ...

Auction Market Theory and Market Profile

uneducated my a** quite educated if you ask me

vsa with Malcolm

For the sake of argument, a couple of factors that don't jive well with a sustained down move, at least not yet. 1st, on the daily, EU dropped to the Feb 2 high on quite low volume. Price is currently on the DPOC so i don't expect it to move much ...

Auction Market Theory and Market Profile

i'd agree with you on EU. current down move on decreasing volume and testing last week's value high and the H4 bar that tested was on the lowest 4HR volume since at least the beginning of Feb (for the same time period). IMO, you have to change ...

vsa with Malcolm

SL set to BE. 5/15 look a bit weak, but could just be absorbing. The M30 looks like its about to complete a NS right at IBH - 5 min left in the bar.

Auction Market Theory and Market Profile

not sure what your volume looks like, but those last 3 complete bars on the H1 look like SO, confirmation, hidden test...

vsa with Malcolm

NTr is the natural trading range which is where price wants to go when there are naked POC's in play. I agree with you, i prefer Tokyo open for the start of the profile, but i take a look at LO based profiles as well just to be aware of levels. I ...

Auction Market Theory and Market Profile

DVAH = developing value area high. as per this post it is roughly at 3990 but if you take london as the start of the profile then it is roughly 3945.

Auction Market Theory and Market Profile