Nice! I took the 2nd one. at BE as well. bulls seems to be defending the developing POC.

Auction Market Theory and Market Profile

EU hit 3650 (London IBH) and reversed. But on the 5M it looks like absorption of the responsive sellers IMO. next target is DIBH at 3688. That coincides with todays range based on ATR14. A thought. If we make a run for DIBH before london close, that ...

Auction Market Theory and Market Profile

M30 from collective Fx demo. for your volume comparison. Of note, London has not yet participated in any initiative buying, only asia and NY since yesterday. London has only been responsive so far (both responsive buying and selling). Note sure if ...

Auction Market Theory and Market Profile

I would be careful with shorts at the moment. Monday saw the first bout of initiative buying since last Tuesday. EU should be heading up...i would say last wednesday's naked POC at around 1.3800 is the first target.

Auction Market Theory and Market Profile

interesting — interesting development today to support bulls. We've had initiative buying in asia and US session, and responsive selling/buying in london. This is the first time since last wednesday that we've had initiative buying. Plus ...

Auction Market Theory and Market Profile

update — looks like the wide range IB for the US session is playing out for now. on the chart - high vol test followed by NS like bar (VSA) right at the IBL. Then high vol narrow spread bar followed by upbar (reversal) again right at the IBL. ...

Auction Market Theory and Market Profile

So the NY IB turned out to be 53 pips wide. Quite wide, and generally signals a range for the rest of the session, unless IBL or IBH are broken and sustained. IBL is now 3516, and we have a 30Min close 8 pips below. not sure yet when to expect a ...

Auction Market Theory and Market Profile

DIBL — Good morning! looks like using IB/DIB can actually tell a tale of the day. Starting with asia, a 10 pip IB was formed. narrow IB's are indicative of a trend type day. This quickly developped as the IBH was immediately tested, broke and ...

Auction Market Theory and Market Profile

HG, did you write the DVAH/L/DPOCv indicator yourself? Been trying to figure out how to modify the market profile indy i have for Mt4 so that it shows DVAH/L/DPOC but haven't figured it out just yet and wondering if you could share your math?

Auction Market Theory and Market Profile

We now have our first 30M open above the DIBH. Time to see if the assertion is valid. the DIBH is also the same as a high volume node from Friday, and the 30M and 1HR trigger number for VSA setups.

Auction Market Theory and Market Profile

5M not looking very promising EORM type bar and ND as well. Time to see if 3582 will hold.

vsa with Malcolm

asian open — EU opened within Friday's Value area, broke above the initial balance and held it. Double IB is now being tested. If it breaks above and holds, that is a sign of more upside for the rest of the asian session. I would then expect ...

Auction Market Theory and Market Profile

this is not the EURUSD thread. stop this nonsense please. Most are here to learn VSA. Let's leave it at that.

vsa with Malcolm

IB — testing the IB theory on forex, and wrote a quick and dirty indi for MT4 that plots lines for the IB and double IB at each session start (Tokyo, London, NY). Still very early, but i've noticed the following in the last 2 weeks. If price ...

Auction Market Theory and Market Profile

agree with you about the 3rd POC. Here's my concern though. There are 2 naked short term POCs up higher, thursday's and Fridays. If EU gets to Friday's POC, there was demand there, so it will be interesting to see how it reacts. If demand is still ...

Auction Market Theory and Market Profile

35 minutes before open and Oanda is reporting EU at 1.3555...

vsa with Malcolm

HG, what are your thoughts on initial balance for forex? The first hour of a session generally gives a good indication of how the day will unfold according to AMT. I've read in the market profile handbook that IB is less important with 24 hour ...

Auction Market Theory and Market Profile

weekly — read through the market profile handbook yesterday (available form the CME Group site - see previous post for link) and there are 2 statements that really stuck out. Quite obvious actually, but none the less they hit me. 1. Price ...

Auction Market Theory and Market Profile

i use MT4, but ninjatrader and tradestation are apparently great platforms for marketprofiles. For MT4, is use the MarketStatistics v5 indi and the iPolo market profile indi. Both can be found on the CSA with Malcomb thread.

Auction Market Theory and Market Profile

re-reading some of the posts here, and this one stuck out. HG, initiative buying is when price breaks the top of the value area and holds. If we get buying at unfair lows, this is responsive buying.

Auction Market Theory and Market Profile