now that is frustrating...plan the trade and trade the plan...had my stop set, and TP set...should have just let it run at least to the NY DIBH. missed out on 40 pips...sometimes you win more, sometimes you win less catch you all tomorrow! ...

Auction Market Theory and Market Profile

closed out at 3781 - good for 76 pips. 2nd time price was rejected a VAH this time with ND type upthrust. Can't watch the chart for the rest of the day...heading to the airport to go back home finally!

Auction Market Theory and Market Profile

1.3828 target — Good morning! It still amazes me when things come together as i planned. I had a buy limit order in at 1.3705 which got triggered this morning while i was sleeping. I would have never placed that before i was introduced to ...

Auction Market Theory and Market Profile

Also, the IB for each session can generally give you clues about how the rest of the session will unfold. A wide IB indicates that price is balanced and it will tend to range within the IB for the remainder of the session. A narrow IB indicates that ...

Auction Market Theory and Market Profile

Very nice! My timing on the long was terrible, but patience paid off as I held it as price dropped to last week's POC. That is the advantage of using low risk factor, my account can tolerate the drawdown. H4 and daily look like a very nice shakeout, ...

Auction Market Theory and Market Profile

I am long at around the same level, but am more generous with my stop. Price has bounced at 1.3580 which is last week's VAH, and has been decreasing on decreasing volume since 1.3630ish (on the M15), it smells like a shakeout/test to me. The tokyo ...

Auction Market Theory and Market Profile

I have virtualbox as well, but instead i run MT4 using wine/winbottler on my macbook pro. Much better since you don't actually have a VM running (and therefore don't need a windows install either) and M4 runs like a native Mac app. Only thing is not ...

vsa with Malcolm

Thanks bandung! But I'm still learning here too, so experIence is still limited. I do however feel much more confident now with market structure.

Auction Market Theory and Market Profile

Personally i'm bullish on EU, the last 2 down swings (during Christmas and last 3 weeks) have both been on very low volume. What would be great is to see EU move up to 1.3800 area and get rejected there. This way all the bears can come out and play ...

vsa with Malcolm

Hi Michael, I use bandung's profile indy from here (set to D for charts <60min, and W for 4hr charts): url and my initial balance indy for charts H1 and smaller: url The profile indy is time based and not volume based, so not always as accurate ...

Auction Market Theory and Market Profile

EU levels — Here are the EU levels i'm watching based on the weekly profiles (1st chart - H4). Not only did EU break out of the current week's value area, but it also broke the previous weeks VAH at 1.3660 - which happens to be the POC for the ...

Auction Market Theory and Market Profile

GU — morning! Here's a great example of trading the 80% rule. GU H1, we can see that price opened in Asia above value, so we'd expect a test of value to occur. If value is accepted, then we would expect price to follow through to value low of ...

Auction Market Theory and Market Profile

Hi Mel, I'll assume you are referring to my indicator that shows IBL/H and DIBL/H. Those lines will change 1 hour after the start of the 3 major sessions - Tokyo, London, NY. It does this to show you the IB of each session which generally dictate ...

Auction Market Theory and Market Profile

long closed — Hi all, Well it has been an interesting week, this being the first time i tried a longer term trade. Worked out well, increased account 4.5% with just 2 trades, very little risk, but a lot of patience. Could have been more % ...

Auction Market Theory and Market Profile

eu reactive — nice reactive buying at the DIBL just after the tokyo open on EU once again. I would expect london to shakeout down to yesterday's naked POC at 3574, but price could also make its way down to yesterday's VAL at around 3560.

Auction Market Theory and Market Profile

ha! Dr. G had a post last week or the week before about the massive shakeout on NOK and CSCO...been watching them since... Was waiting for my flight home today and picked up the recent issue of The Economist...lo and behold there was an article in ...

vsa with Malcolm

interesting...just remembered your VA is based on profiles starting at London open - so i assume yesterday's profile is just about complete on your chart. I'm using profiles starting at Tokyo open, and my asian IBL coincides with your IBH. i'm ...

Auction Market Theory and Market Profile

Well, this is working out nicely EU has broken out of this week's VAH and closed on H4 above and into last week's VA. My target for this longer term trade is now last week's VAH at around 3660 -3680 (3680 is a weekly POC form 3 weeks back). I ...

Auction Market Theory and Market Profile

double IB lines are almost always capping levels for the day/session. They are known as corporate capping areas as there is a large amount of reactive trading that occurs at those levels. For day traders, this represents the ideal place to enter or ...

Auction Market Theory and Market Profile

hi Goldtresor, I have found the the IB for Tokyo, London and NY are all important levels throughout the entire day. So for example, the Tokyo IB levels seems to be in play even during the London session the same day. That said, you will often see an ...

Auction Market Theory and Market Profile