So far i have yet to base any of my levels on development area ..
- Joined Aug 2009 | Status: Reading the TAPE | 2,334 Posts
Wyckoff VSA: (1) Supply & Demand (2) Effort vs. Result (3) Cause & Effect
Auction Market Value Theory & Analytics 1,616 replies
market Theory 101 Supply and Demand,Market Cycles 6 replies
Market Profile And Volume Profile MT5 7 replies
MarketProfile/Volume Profile/Auction Market Theory indi? 17 replies
Market profile trader-Merged profile 0 replies
DislikedInitially it was the VAH of yesterday then, i move it slightly to the recent swing low point of today ard 4215
So far i have yet to base any of my levels on development area ..Ignored
DislikedGU; 1st target reach at 6350, reduce exposure & raise stop above BE to 6315
EU slight positive, reduce exposure to 4215.Ignored
DislikedGU tested 2nd target of 6400 again, close out my position with 93pips..(6450 seems likely though)
Attachment
EU move stops up to 4220..looks like a basic VSA spring test now. Slight positive.
AttachmentIgnored
DislikedGU tested 2nd target of 6400 again, close out my position with 93pips..(6450 seems likely though)
Attachment
EU move stops up to 4220..looks like a basic VSA spring test now. Slight positive.
AttachmentIgnored
DislikedGU tested 2nd target of 6400 again, close out my position with 93pips..(6450 seems likely though)
Attachment
EU move stops up to 4220..looks like a basic VSA spring test now. Slight positive.
AttachmentIgnored
DislikedIt seems to be responsive selling today back down to VA now & tested of POC @ 4175..
It seems likely for price to test the VAL too.
Potential here is, if the VPOC of 4070 were to play out then I suspect a initiative sellers tomorrow could bring price down to VPOC, Since price now is below DVAL.Ignored
DislikedBut it doesn't look like price is being accepted back into today's VA either, so direction not really clear ATM, therefore sticking with the trend and SL set to BE+1 just in case.Ignored
DislikedSL hit. Per this post, EU starting to look bearish to me in the short term. Today's profile is no longer looking like a P shape but rather a non-trend profile....Ignored
Disliked@tgwhbb
Edit (add): Another interesting perspective on the VSA front, trigger level of 4163.
AttachmentIgnored
DislikedI found this article by Robin Mesch.
http://www.mta.org/eweb/docs/pdfs/robinmesch-082510.pdf
Hope it help us to understand market profile better and use it wiser.
May the Force be with you.Ignored
DislikedI found this article by Robin Mesch.
http://www.mta.org/eweb/docs/pdfs/robinmesch-082510.pdf
Hope it help us to understand market profile better and use it wiser.
May the Force be with you.Ignored