update, entry was premature, but still holding. reason's marked on chart. Plus 1200 is around resistance trend line. ES down 4 points since screen shot taken...watching now to see if value builds below 1192 area for confirmation. Otherwise I'll ...

Auction Market Theory and Market Profile

s&p 500 — took an initial short on the S&P as shown, reasons indicated. I think it could still go up to WIBHx1 ~1200, but today's structure appears weak, and similar to EU, the bottom looks incomplete (not shown).

Auction Market Theory and Market Profile

EU thoughts — EU weakness seems exhausted to me...6 down days in a row, and Tuesday's US sessions could not complete the extension down. Time for a short covering rally IMO to WIBH @ 4280. Still not trading EU, just my thoughts...

Auction Market Theory and Market Profile

good i'm not alone not good for us though...

Auction Market Theory and Market Profile

closed out at 1172 in M period after it filled the single print, although M period was rejected by VAL...I think there is still more down side to 1125 area, but always good to book some good profits, especially over along weekend!

Auction Market Theory and Market Profile

for some reason the indy hasn't shown the last quarterly profile on my chart for 3 months now...not sure what's up with that...the last quarterly profile it is showing starts in april...anybody have this problem?

Auction Market Theory and Market Profile

hey pres, good to see you back! Attached is ES today, after NFP. There is stopping volume at expected support on the 15M. Although the bar closes up form its open, it closes down on the low relative to the previous bar given the big gap above. he ...

vsa with Malcolm

as JD would say, its all about nuances...while single prints are certainly stronger than double, one thing to keep in mind is how you configure your indicator. If you have it set for each letter to represent 5 pips, that will sometimes produce ...

Auction Market Theory and Market Profile

8:30am USD Non-Farm Employment Change 0K actual 74K expected 85K previous (revised down from 117K) ouch, that is going to hurt...

Auction Market Theory and Market Profile

update, 1200 broke late yesterday NY session. Overnight 100% short, ledge seen on weekly profile broke just before NFP news. NFP caused big gap as shown in bar chart. 1180 expected support held. My SL set to 1190 just above the ledge on the weekly. ...

Auction Market Theory and Market Profile

yes i do. where i differentiate between single and double prints is when there is a second distribution after a break. Then i look at single prints, and if they turn double during the same session then that's a sign of reversal. But at tops or ...

Auction Market Theory and Market Profile

this looks like EU, and the first thing to note is where value and price are. In this example, yesterday's profile came near to touching the weekly IBL 1st extension @ 4218, but did not quite complete it. The buying tail there indicates responsive ...

Auction Market Theory and Market Profile

Hi guys and girls! Glad to see the thread still active, and with new contributors... took some time away from trading...my mind was not in a good place to trade, made too many mistakes... been watching the S&P and trading ES, while still watching ...

Auction Market Theory and Market Profile

while i have to agree, the ECB effectively announcing QE today along with Japan intervention and US support of the intervention is making it f***ing hard to trade IMO...total carnage today...i'm taking a break, this is not working out as planned ...

Auction Market Theory and Market Profile

thanks for the links Claudia! EU bounced yesterday/today off 1st std dev and closed the day well above the range's POC. First target IMO is 4450 area - 1st std dev on above the POC. There is some form of correlation in the S&P as well, having ...

Auction Market Theory and Market Profile

well, looks like i'm wrong again...

Auction Market Theory and Market Profile

Hi kave, good ot see you back (you too Claudia!) my thoughts on chart. While i still think the 4260 level needs to get revisited, there doesn't seem to be much selling going on EU lately so she'll probably go higher first to find them...the previous ...

Auction Market Theory and Market Profile

Attached are my reasons. Just to be clear, I'm not bearish EU, but do think a correction to those levels will occur. The breakout above 4260 has not been tested, that is the first downside target. EU tested 1.45 in Asia today. Daily range nearly ...

Auction Market Theory and Market Profile

hi everyone...back from vacation, well rested and ready again to tackle the markets! (plus do my day job unfortunately)....EU still balancing between 1.40 and 1.46. for this week IMO we should go back down and test the 4250 area... haven't traded ...

Auction Market Theory and Market Profile

hi all, haven't been able to trade much lately, too busy at work...last day before vacation, so won't be online much in the next couple of weeks either. I wanted to leave you with Robin Mesch's latest quarterly outlook report, as well as as webcast ...

Auction Market Theory and Market Profile