Forex Factory (https://www.forexfactory.com/forum.php)
-   Trading Discussion (https://www.forexfactory.com/forumdisplay.php?f=11)
-   -   Auction Market Theory and Market Profile (https://www.forexfactory.com/showthread.php?t=277528)

frankkn Jan 22, 2011 11:29am | Post# 1

Auction Market Theory and Market Profile
 


AMT resources

James Dalton Videos:
http://vimeo.com/user4051895/videos (A must)

James Dailton daily blog
http://jamesdaltontrading.com/blog/

Alex Benjamin VIDEOS:
http://www.tradingclinic.com/mp201/m...min_021705.wmv

MP101 & MP102 free)

http://www.tradingclinic.com/mp201/m...min_021705.wmv
http://www.tradingclinic.com/downloa...edia/MP102.wmv

MP103
Not free but, clicking on the following link will give you access to a free 3 hour presentation.
http://www.tradingclinic.com/oneoff/...l20080606.html

Father of MP - Peter_Steidlmayer (classics)
http://www.4shared.com/document/WA5J...-_On_Marke.htm
http://www.4shared.com/document/vm01..._Markets_.html

Robin Mersch Strategy
http://www.cmegroup.com/education/in...t-profile.html http://www.forexfactory.com/images/buttons/forward.gif

---------

  1. http://www.4shared.com/office/ivp7jU...r_Markets.html
  2. http://www.4shared.com/office/86LvWx...__Jones_E.html



Wisdom from mzvega:
http://www.forexfactory.com/showthre...49#post6313549

Bandung latest profile indi (non session) :
http://www.forexfactory.com/showthre...52#post5310452

updated Session indi:
http://eyesfx.web44.net/2011/10/mark...icator-update/

Indiconfig tips for GMT & session profiles
http://www.forexfactory.com/showthre...69#post5332069


seagreen Jan 22, 2011 11:59am | Post# 2

I'm curious, how many of you use Auction Market Theory or Market Profile in your trading?

Here is a recent trade from this past week. This is a 5m EU chart....
POC is supposed to show where most trading has occured during the day. As the markets become thin there's not much action and the chart simply prints more "unnecessary" 5min bars in the same range. So what I would suggest is using futures volume data for constructing your POC, at least it would be more accurate.

frankkn Jan 22, 2011 12:12pm | Post# 3

POC is supposed to show where most trading has occured during the day. As the markets become thin there's not much action and the chart simply prints more "unnecessary" 5min bars in the same range. So what I would suggest is using futures volume data for constructing your POC, at least it would be more accurate.
Worked here

Edit: this is the buying climax and subsequent drop in regard to the last chart.
http://cdn.forexfactory.com/attachme...2&d=1295491395

frankkn Jan 22, 2011 12:13pm | Post# 4

Worked here
And here. Also at demand as well. You can see that earlier price had bounced off of the unfair high (in blue).

http://cdn.forexfactory.com/attachme...5&d=1295568897

CindyXXXX Jan 22, 2011 12:19pm | Post# 5

POC is supposed to show where most trading has occured during the day. As the markets become thin there's not much action and the chart simply prints more "unnecessary" 5min bars in the same range. So what I would suggest is using futures volume data for constructing your POC, at least it would be more accurate.
Either that or simply defining the parameters to the high volume sessions. I've used Futures volumes for the last year for the same info and whilst its a great tool you can literally see these max vol points on a naked price chart just like how Frankkns doing in the above. But for accuracy - CME data couldn't hurt of course.

frankkn Jan 23, 2011 12:15pm | Post# 6

Here is the best info on AMT that I've found so far.

http://www.cisco-futures.com/amt_theory.html

frankkn Jan 23, 2011 12:26pm | Post# 7

Here is another, briefer, read.

http://www.seputarforex.com/ebook/Ma...ile_Basics.pdf

HiddenGap Jan 23, 2011 9:11pm | Post# 8

Here is the best info on AMT that I've found so far.

http://www.cisco-futures.com/amt_theory.html
Great stuff.

Some others:

1. James Dalton's books and website.
2. CBOT MP manual
3. Institute of Auction Market Theory (IOAMT)
4. BalanceTrader.com

An easy thing to do is google Market Profile videos there is a ton of stuff that comes up. Not all great, not all bad.

HiddenGap Jan 23, 2011 9:23pm | Post# 9

A good place to start is at the begining.

The market is a dual auction process. It moves from balance to imbalance and back to balance again.

frankkn Jan 23, 2011 9:41pm | Post# 10

Great stuff.

Some others:

1. James Dalton's books and website.
2. CBOT MP manual
3. Institute of Auction Market Theory (IOAMT)
4. BalanceTrader.com

An easy thing to do is google Market Profile videos there is a ton of stuff that comes up. Not all great, not all bad.
Thank's a million. I'll be devouring these between school/work.

Just watched this
http://www.balancetrader.com/main/bt-outlook/

Awesome, awesome. I can really get down on this shit, thanks HG

HiddenGap Jan 23, 2011 9:55pm | Post# 11

Thank's a million. I'll be devouring these between school/work.

Just watched this
http://www.balancetrader.com/main/bt-outlook/

Awesome, awesome. I can really get down on this shit, thanks HG
Spent all weekend going thru the videos on balancetrader. Love is work. I have to get Ninja Trader and Fin algo now.

frankkn Jan 23, 2011 10:12pm | Post# 12

1 Attachment(s)
I don't have any way of getting VAH or VAL but here are some eyeballed levels.
Click to Enlarge

Name: j23a.jpg
Size: 53 KB

HiddenGap Jan 23, 2011 10:35pm | Post# 13

Levels
 
1 Attachment(s)
Here are the levels I am watching.

They are not based on Value Area Highs and Lows or POCs. These are the "clusters" or areas where the market was balanced.
Click to Enlarge

Name: Current1.png
Size: 115 KB

HiddenGap Jan 23, 2011 10:50pm | Post# 14

2 Attachment(s)
These were not taken but are based on the Balance Area concept.

The first thing is that we want to trade with trend. We know the trend is up because we broke out of a balance area to the upside and have not traversed back through it.

On my previous post, the blue area is the area in question. The black lines represent friday's balance area so ignore for this post. Because the up auction continues, we would only be looking to get long. I'll leave the VSA for the VSA thread, but you can see some places to enter long in the support area (Balance Area).
Click to Enlarge

Name: ex1.png
Size: 120 KB
Click to Enlarge

Name: ex2.png
Size: 117 KB

frankkn Jan 24, 2011 6:23pm | Post# 15

1 Attachment(s)
On Mondays I'm too busy to trade because of school/work. Tomorrow I'll be looking for longs in these areas if I can find a good entry.
Click to Enlarge

Name: j24a.jpg
Size: 42 KB

frankkn Jan 24, 2011 7:01pm | Post# 16

2 Attachment(s)
First is a monthly chart of /es showing supply and second is a 30m showing a gap down, but price wasn't able to break this balance area.
Click to Enlarge

Name: j24b.jpg
Size: 80 KB
Click to Enlarge

Name: j24c.jpg
Size: 73 KB

alexm Jan 25, 2011 6:11am | Post# 17

Subscribed

Keep it coming buddy.

frankkn Jan 25, 2011 9:57am | Post# 18

3 Attachment(s)
Subscribed

Keep it coming buddy.
The first chart shows (EU) price arriving at my closest balance area. Next is 15m buying then a High volume shake out that was revisited before price moved. The third chart is a 5m showing the bar I entered on. I'm moving my stop to BE at +25 and my TP is at +50 just below 1.3650.
Click to Enlarge

Name: j25b.jpg
Size: 49 KB
Click to Enlarge

Name: j25c.jpg
Size: 100 KB
Click to Enlarge

Name: j25a.jpg
Size: 90 KB

frankkn Jan 25, 2011 10:25am | Post# 19

1 Attachment(s)
The first chart shows (EU) price arriving at my closest balance area. Next is 15m buying then a High volume shake out that was revisited before price moved. The third chart is a 5m showing the bar I entered on. I'm moving my stop to BE at +25 and my TP is at +50 just below 1.3650.
Price came back down to one pip above my stop before reversing to my TP.
Click to Enlarge

Name: j25d.jpg
Size: 93 KB

alexm Jan 25, 2011 8:21pm | Post# 20

MP Outlook for currency from CME
 
Have a look at this link. May be we can discuss it further here.

http://www.cmegroup.com/education/fi...11-Edition.pdf


© Forex Factory