- Search Metals Mine
- tgwhbb replied Feb 10, 2011
responsive — EU responsive buying at NY IBL and LO DIBL. long with target 3630 (NY IBH). Based on wide NY IB i'm not looking for any breakouts today, EU will likely range for the rest of the day. Of course, someone/thing can always throw a ...
Auction Market Theory and Market Profile
- tgwhbb replied Feb 10, 2011
your indy removes all text objects from other indi's. what do the lines represent, some label may be good there. besides that the profile looks fairly accurate.
Auction Market Theory and Market Profile
- tgwhbb replied Feb 10, 2011
to ponder... — EU H4 - weekly profiles. the week is not yet done, but current weekly POC developing lower than last 2 weeks. does not bode well for short term bulls IMO. Plus since last thursday the up move on H4 is on lowering volume - but i ...
Auction Market Theory and Market Profile
- tgwhbb replied Feb 10, 2011
i took practically the same trade, essentially for the same reasons but also because it was yesterday's VAL. set my SL to BE quickly though when i saw price not moving above yesterday's POC. In hindsight, wrong time to enter because very close to NY ...
Auction Market Theory and Market Profile
- tgwhbb replied Feb 10, 2011
stopped out at BE. price not able to sustain above yesterday's POC, which coincides with london's IBL. NY IB just starting. Waiting till the end of IB to reevaluate. EU may make its way down to DIBL at 3591
Auction Market Theory and Market Profile
- tgwhbb replied Feb 10, 2011
woke up an EU was below that showing signs of strength on H1,M30,M15. Bought at 3628 after the shakeout-like bar on the M5. of concern however is that today's developing POC is below yesterday's. If price doesn't make it out of here quickly we may ...
Auction Market Theory and Market Profile
- tgwhbb replied Feb 9, 2011
down to 3640? — i think today is shaping up to be different then the last 3 days... Asian IB is 19 pips. twice what it has been each day since sunday's open. I would expect a range bound asian session between roughly 3727 and 3708 - with a ...
Auction Market Theory and Market Profile
- tgwhbb replied Feb 9, 2011
bandung, nice chart. Is this MT4? first time i see a profile indy like that. TF 1 1HR, so are those 1HR profiles? it certainly looks like reactive buying on at the blue resistance as price does not hang around there very much.
Auction Market Theory and Market Profile
- tgwhbb replied Feb 9, 2011
interesting profile...much different than mine on spot, and looks like the secondary POC is about the same as the primary...interesting.
Auction Market Theory and Market Profile
- tgwhbb replied Feb 9, 2011
POC — Today's POC is at 1.3645, which coincides with NY/LO IBL and last thursday's hourly trigger. MP theory tells us that today's POC should be tested tomorrow, making tomorrow's natural trading range roughly 3730 to 3640. That assumes EU ...
Auction Market Theory and Market Profile
- tgwhbb replied Feb 9, 2011
WRB — What do you guys make of these WRBs? volume spiked, but not UHV compared to previous spikes. the fact that they both held tells me its just pushing up through supply, but I would like a second opinion. chart is M5
vsa with Malcolm
- tgwhbb replied Feb 9, 2011
hmm, almost 2 hours later and no real down move...effort vs result

vsa with Malcolm
- tgwhbb replied Feb 9, 2011
are you basing that on the Jan. 2 low or something else? Just curious, if something else, confluence is a good thing

Auction Market Theory and Market Profile
- tgwhbb replied Feb 9, 2011
given the london close gave us a nice little shakeout closing at 3680, a retrace to about there in asia sounds about right.
vsa with Malcolm
- tgwhbb replied Feb 9, 2011
hmmm,retrospect is a wonderful thing. the last 30M bar closed above the DIBH. and the M5 shows a low vol test of the DIBH, it could probably still move up from here...should have looked at the time, i thought it was later in the afternoon...oh well. ...
Auction Market Theory and Market Profile
- tgwhbb replied Feb 9, 2011
M5 UHV wide spread up bar, compressed upbar on UHV closing on lows, down bar to confirm, followed by ND and break. Would be as good a time as any to close short term longs....i closed mine a bit early at 3720 for other reasons.
vsa with Malcolm
- tgwhbb replied Feb 9, 2011
closed my long at the DIBL. IB today too wide to expect much more of a move up. plus the POC and IBL need to be tested. didn't want to risk my 70 pips.
Auction Market Theory and Market Profile