I suspect the anomaly marked in this post above will now get repaired. But i still see a dip back to 4130 area as highly probable as mentioned in last post due to anomalies as marked on this chart.

Auction Market Theory and Market Profile

Alex, my daily volume looks normal on my broker. Can you post what you are seeing? Weekly IB currently at 226 pips, like last week a wide range, indicative that the week should not extend much past the extremes, but if it does and gains acceptance, ...

Auction Market Theory and Market Profile

I'm not saying abandon MT$, that's what I use. But get a MP indicator that can show you monthly or longer profiles, it helps for those long term levels. If a price level has been reached before, then certainly use the previously established value ...

Auction Market Theory and Market Profile

weekend thoughts — Kave, Claudia, alex, mima et al. here are my thoughts of the end of this week. Input appreciated. left chart is daily profile, right is session profiles. In short i'm seing weakness with no follow thru, time for a short ...

Auction Market Theory and Market Profile

No disturbing here as long as you are posting to learn! Using the structure to trade is more than just applying the POC. POC is a good area to use as reference points for supply/demand, but so are the value area high's and low's which must first be ...

Auction Market Theory and Market Profile

The way I read his blogs, he's not using the dollar index to gauge the s&p. It sounds more like he's saying that when there is correlation between the dollar and s&p that means the s&p is not acting on its own and can be dangerous/volatile to trade.

Auction Market Theory and Market Profile

hey alex, how do you find out about these webinars? I registered on their mailing list but don't get any emails from them...

Auction Market Theory and Market Profile

Hi lordgbengs, Not sure what you mean by "how do I trade the spreads of the profile", can you elaborate? The indicators used are bandungs, ay-TPOChart on the left chart, and ay-TPOSession on the right, plus my Initial Balances indicator. All 3 are ...

Auction Market Theory and Market Profile

i really should stick with my initial analysis...that didn't work...

Auction Market Theory and Market Profile

There appear to be buyers at the week's VAL around 1.43. Maybe a push back to the naked POC around 1.44 is in order. Upon further thinking, today's NY sessions could very well be a long liquidation break to shakeout weak longs. I'm long at 4312, ...

Auction Market Theory and Market Profile

haven't traded this week, traveling for work again and just no time...here's my current thought marked on the chart. I see 2 options now, however both IMO revolve around the anomaly on the weekly chart on the left (around 4250). 1. down to repair ...

Auction Market Theory and Market Profile

I purposefully use the indicator for a volume profile vs the TPOChart indicator which gives a time profile. Maybe that is why you are seeing a different VA?

Auction Market Theory and Market Profile

if you want tpo on charts you need the ay-TPOChart indicator, and set ModeLetter to true. DWM will give you histogram and VA and is useful if you also want to look at bar/candlestick charts with MP on them.

Auction Market Theory and Market Profile

H lordgbengs, the indis are attached on this thread, look for the ones from bandung which start with ay-...there is MarketProfile DWM which shows MP overlayed on bar charts, and there is TPOChart which can show the TPO letters for daily profile. ...

Auction Market Theory and Market Profile

I make a point to read JD's blog everyday, extremely useful learning material IMO. There is a comment in there today that sticks out about there being heavy shorts in stocks and professional money on the sidelines currently due to fed meeting this ...

Auction Market Theory and Market Profile

I noticed the 45 degree comment on JD's blog the other day referring to short covering, quite interesting.

Auction Market Theory and Market Profile

welcome ReaM, most of us are still learning the intricacies of MP and trading it, so any input you have is welcomed by posting charts and reasoning. Thanks!

Auction Market Theory and Market Profile

120 pips in 40 minutes...EU never stops to amaze me ...no I wasn't in

Auction Market Theory and Market Profile

thanks mima, but if i were able to properly apply the logic at all times, then i'd still be short from Tuesday's high! working on it! albeit i did close my long from late yesterday NY at 4190 at what looks like right before EU tanked some more ...

Auction Market Theory and Market Profile

Claudia, a thought regarding the back fill possibility. From your weekly and monthly profiles, the anomaly you point out sits right on top of a previous POC (a HVN). anomalies generally need to get revisited in order to repair the structure, which ...

Auction Market Theory and Market Profile