hmm...not liking this lack of volume on the up move, especially as its NY IB time. SL's set to BE+1 and watching.

Auction Market Theory and Market Profile

well my buy limit was a bit too low and didn't get filled unfortunately. Back in long at 3811 after bounce a LO IBL and test of LO Shakeout from earlier. 1st target 3831 (DVAH), 2nd target 3880 (LO DIBH) but let's see first what NY IB bring us.

Auction Market Theory and Market Profile

Wow malc, I actually see the same levels as you url no mention of 3750 specifically in my post, but it is the value area high for the last 2 weeks, and if it doesn't hold then the value area low (~3500) is a potential target.

vsa with Malcolm

excellent post! For what it's worth I share your longer term view. Certainly won't be a straight line up, but the chart is telling us that is the general direction. Keep up the good work.

vsa with Malcolm

well — Tokyo IB almost complete, but looking weak at the moment with 2 UT's in last 3 bars right at Monday's POCt where there was previous weakness. Out of my long from 3800 (missed the 3790 entry (DIBL) as i didn't have a buy limit set), but ...

Auction Market Theory and Market Profile

EU monthly profile — Hi all, It seems today confirmed the breakout of February's value area with essentially a 2-bar engulfing reversal (friday/sunday/today). The push up today was on higher daily volume than Friday's down day which could not ...

Auction Market Theory and Market Profile

Hi Bandung, excellent work as usual! One comment, for the volume based profile is it possible to reduce the amplitude of the profile so that it doesn't extend so far to the right? Thanks!

Auction Market Theory and Market Profile

hmmm, you monthly POC for february is 25 pips lower than what bandung's indy is calculating for monthly POC (3620). I double checked with my iPolo market profile and it has 3610 as POC. Is your calculation time or volume based? Anyone else have a ...

Auction Market Theory and Market Profile

Mima, what does each line represent?

Auction Market Theory and Market Profile

EU monthly profile — interesting, hadn't looked at the monthly profile yet, just now realizing monday is the last day of February. EU has broken out of VAH and came back to test it today with the lowest 4hr volume in the last 4 days at the ...

Auction Market Theory and Market Profile

yep, don't disagree that the IB range is crucial in determining day types. That is in fact why my indi calculates avg IB range for each session (although the calc seems to be buggy at the moment). IBH/L, 1.5IBH/L, and DIBH/L simply provide intraday ...

Auction Market Theory and Market Profile

should i be worried my broker is sponsoring this thank god i can make my own decisions!

vsa with Malcolm

good IB article — url

Auction Market Theory and Market Profile

That math is right, but the double initial balance calculates the range extension from the initial balance extremes (H/L) not the extension of the initial balance itself. refer to url

Auction Market Theory and Market Profile

EU next week's plan — A quick look at the H4 for weekly profiles. This week's POC is roughly 3685, which is practically identical to the weekly POC from the week of Jan 23. In fact EU has not been able to establish a weekly POC above this ...

Auction Market Theory and Market Profile

HG, what you have calculated is essentially the 1.5x factor. DIBH=IBH+IB, DIBL=IBL-IB. My small indy does not calculate 1.5IBH/L, but it is easily identifiable visually. From what i've read 1.5IBH is also a value to watch, but not as strong as IB or ...

Auction Market Theory and Market Profile

long entered at 3775. But i have a strange feeling about this one so SL set to BE already. Volume at yesterday's POC not shwoing much buying, and ND earlier on the M15 at today's VAL.

Auction Market Theory and Market Profile

certainly looks that way. entry would be somewhere in the 3755-3775 area (yesterday's POC/VAL, and US&London IBL). EDIT: That entry point assumes yesterday's VAH (around 3800) is breached, which may be difficult since it also represents this weeks ...

Auction Market Theory and Market Profile

wow, honoured to be quoted in company with Malc, Intel, and Dr. G. By no means am i anywhere close to being the traders they are, but working on that I would like others interpretation of the last 3 days - see attached. Today's volume seems quite ...

vsa with Malcolm

I use same for Asia and London. But use 8-9 for us session

Auction Market Theory and Market Profile