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- tgwhbb replied Jun 15, 2011
you are right, i explained poorly. What i meant to say is that if price makes it to WIBLx2 (1.3966), then and only then would EU be one-timeframing down on the monthly. Until that happens, EU is currently no longer one-timeframing up on monthly, but ...
Auction Market Theory and Market Profile
- tgwhbb replied Jun 15, 2011
current plan on the chart. backfill very possible. red line is my SL, green line below is my buy limit. note the WIBLx2, if price gets there, monthly still one-timeframing down...
Auction Market Theory and Market Profile
- tgwhbb replied Jun 15, 2011
yeah, now really wishing i kept my short from 4490!! not sure really why I closed it near NY closing yesterday...need to work on that, especially since I told myself that was the weekly high!! back in short at today's NY IB high, will try and hold ...
Auction Market Theory and Market Profile
- tgwhbb replied Jun 14, 2011
4496 was tuesday's high, and quite the drop off from there in late NY session. Was wondering about the weekly IB. Week opened near the low and moved up continuously to form the weekly IB. would you consider that an open-drive IB, an indication of ...
Auction Market Theory and Market Profile
- tgwhbb replied Jun 14, 2011
ok, well i missed the long by less than 10 pips, but my short is in at 4450. SL set above NY C period, if its hit one-timeframing down has stopped. EDIT: still about 20 pips left to fill the WIB range, so there is a chance that eu hits 4490. the ...
Auction Market Theory and Market Profile
- tgwhbb replied Jun 13, 2011
here are my thoughts, marked up on the chart. at first I thought the up move in late NY session was suspicious, but seeing how price has hung around there, it looks like that supply is being absorbed near the monthly VAL. The scenarios I'm watching ...
Auction Market Theory and Market Profile
- tgwhbb replied Jun 13, 2011
also note today's high is a backtest of June's VAL...interesting tug of war for sure, but like you indicated Claudia, the bottom of June's profile doesn't look right.
Auction Market Theory and Market Profile
- tgwhbb replied Jun 13, 2011
hey mima, not sure if its due to different brokers, but I have 1.4600 as June POC...curious what others have as well. also wondering how you identified 4212. closest levels I can see are May POC 4275, April VAL 4230
Auction Market Theory and Market Profile
- tgwhbb replied Jun 10, 2011
very good trade claudia, congrats. i again closed out too soon today...
Auction Market Theory and Market Profile
- tgwhbb replied Jun 10, 2011
London 1x extension on the low was my target, hit it to the pip. Closed, done for the week, not as courageous as you to take a long down at 4400 although it is low risk given daily range is exhausted and london session is nearing its close...
Auction Market Theory and Market Profile
- tgwhbb replied Jun 10, 2011
Hi Alex, indeed very nice pics! As per my last post, responsive sellers found around 4560 area, in fact price did not make it that high, then initiative sellers founds under 4500 in asia. indeed that naked monthly POC looks like a good target, but ...
Auction Market Theory and Market Profile
- tgwhbb replied Jun 9, 2011
i'm not convinced. I'm most likely wrong, but here is my thought process. Monday/Tuesday auction up in search of sellers. None were found near 1.47 - lack of selling tail IMO proves that. Wednesday still technically an inside day, with increased ...
Auction Market Theory and Market Profile
- tgwhbb replied Jun 9, 2011
well, NY today looks like long liquidation break in that case...which makes sense seing as there was no interest at the top of the 3-day balance (Mon-Wed). So, plan of action now is to watch for initiative selling which would indicate this LLB was ...
Auction Market Theory and Market Profile
- tgwhbb replied Jun 9, 2011
i'm trying to use primarily MP and use VSA to time entries at the levels I identify with MP. i still have so much to lean with regards to MP...
Auction Market Theory and Market Profile
- tgwhbb replied Jun 9, 2011
1st, if you are/were long, close it and take the loss. That is what I did
as I was stubbornly holding a long from a bad position near the weekly POC... the session is shaping up to be a trend, with increasing volume as it moves down. I am now ...Auction Market Theory and Market Profile
- tgwhbb replied Jun 8, 2011
Thanks Claudia, nice to see what you are thinking. Here is my current thought... my brokers volume for wednesday is about 30% more than Tuesday's, yet with that additional volume price could not break yesterday's low (one timeframe up still in ...
Auction Market Theory and Market Profile
- tgwhbb replied Jun 8, 2011
and my second thought of the night....there is Friday's POC below around 4490. Do you consider it a virgin POC given the PA on Friday?
Auction Market Theory and Market Profile
- tgwhbb replied Jun 8, 2011
long liquidation vs genuine move... Guys (and girls), I've been trying to figure out how to identify a long liquidation move vs a real down move. Any thoughts? I'm comparing today's down move to last wednesday's move, and the profiles don't look ...
Auction Market Theory and Market Profile
- tgwhbb replied Jun 8, 2011
This post should help. url hmm looks like the original post was been deleted...
Auction Market Theory and Market Profile