Auction Market Theory and Market Profile | Page 18 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Auction Market Value Theory & Analytics 1,757 replies

market Theory 101 Supply and Demand,Market Cycles 7 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

Attachments: Auction Market Theory and Market Profile
Exit Attachments

Auction Market Theory and Market Profile

  • #341
  • Feb 14, 2011 5:46am Feb 14, 2011 5:46am
Quoting bandung
it move...
Hi bandung,

quite a move indeed. Right into the 1,3469 to 1,3445 area, which are the POCs of 01/19 and 01/20 respectively, and to make matters more compelling, the current low of today's move corresponds to the LO-IBL at 1,3447.

And finally, I fell in love on Valentine's Day! Your indicator is gorgeous, thank you for sharing it.

Gruß

Wolfgang
  • #342
  • Feb 14, 2011 7:24am Feb 14, 2011 7:24am
morning! I just couldn't stay away form the charts before heading off to the airport...

looks like EU is at a pivotal point now (H4 shown). It finally reached the naked weekly POC around 3460, and is now trading close to that week's VAL.

Volume appears to keep drying up, plus last weeks POC is around 3620, making this weeks natural trading range up to there a high probability. However, asian session tried to move back into last week's VA but that got rejected.

Have a good week all!

And bandung, thx for posting the indi...will try to play around with it this week.
Attached Image (click to enlarge)
Click to Enlarge Name: EU H4 Jan 14.png Size: 34 KB
Change is the only constant
  • #343
  • Feb 14, 2011 7:28am Feb 14, 2011 7:28am
Quoting declaime
Hi bandung,

quite a move indeed. Right into the 1,3469 to 1,3445 area, which are the POCs of 01/19 and 01/20 respectively, and to make matters more compelling, the current low of today's move corresponds to the LO-IBL at 1,3447.

And finally, I fell in love on Valentine's Day! Your indicator is gorgeous, thank you for sharing it.

Gruß

Wolfgang
it still move...
yea when it move with our favor... everything look good... isn't it? lol

i'm glad if the indicator is usefull for you...
...
  • #344
  • Feb 14, 2011 7:45am Feb 14, 2011 7:45am
Quoting bandung
it still move...
yea when it move with our favor... everything look good... isn't it? lol

i'm glad if the indicator is usefull for you...
Thanks Bandung,

Read market profiling books, but found it really dificult to find indi's for it. So decided to go back to s/r and vsa.

But with your indi i was able to get back to what made me most profitable.

Awesome short this morning.
  • #345
  • Feb 14, 2011 7:50am Feb 14, 2011 7:50am
Quoting tgwhbb
Attached is the little indicator i wrote to show initial balance lines for each session. A few notes:

 

  1. buffers (lines) are updated AFTER the initial balance of the asian, london and ny sessions. For example the lines change at 9AM for the NY session - 1 hour after the open.
  2. you can specify the session open times in the input parameters as well as some other things.


it seems to work fine for me, but if you have any issues or comments let me know via PM. I still plan on adding more to it, just need to find the time.

Hi,

I noticed a small issue on my indi this morning, it seems the text in the upper right corner was not updated with the latest IB ranges today. Not sure why yet as I haven't looked into it, but easy to fix by simply changing timeframes and the indi will recalculate.
Change is the only constant
  • #346
  • Feb 14, 2011 8:09am Feb 14, 2011 8:09am
Quoting pete148
Thanks Bandung,

Read market profiling books, but found it really dificult to find indi's for it. So decided to go back to s/r and vsa.

But with your indi i was able to get back to what made me most profitable.

Awesome short this morning.
You're welcome Pete..
...
  • #347
  • Feb 14, 2011 9:04am Feb 14, 2011 9:04am
Quoting bandung
hi frank.. what platform you're using...?

eu this asian session... filling the gap, which coincide with one of friday HVN... now reverse... goint to friday POC I guess.. if it can pass through today IBH which is the first 15 minute candle high..
Hi,

That chart is amazing.. I downloaded the file but my version looks nothing like that? no V lines...?

can you help please.
  • #348
  • Feb 14, 2011 10:22am Feb 14, 2011 10:22am
Quoting ozzieb88
Hi,

That chart is amazing.. I downloaded the file but my version looks nothing like that? no V lines...?

can you help please.
Hey ozzie,

may I ask what V-lines are supposed to be?


Gruß

Wolfgang
  • #349
  • Feb 14, 2011 10:34am Feb 14, 2011 10:34am
Quoting declaime
Hey ozzie,

may I ask what V-lines are supposed to be?


Gruß

Wolfgang
I believe the Value are highs and lows... (Subject to being wrong) Just started reading about AMT and VSA. From the two trades I took (VSA base) Using AMT as ideal entry prices etc.. it works great.
  • #350
  • Feb 14, 2011 11:01am Feb 14, 2011 11:01am
Quoting bandung
hi...
set Timeframe = D for Daily Profile, W for Weekly Profile and M for Monthly Profile...
Hi,

What are circles with arrows? Is it possible to turn them off?
If I put 30 in time frame does it mean it is 30 minutes?...or I must use D or W or M?
The Market pays you to be disciplined
  • #351
  • Feb 14, 2011 11:31am Feb 14, 2011 11:31am
tgwbhh,

Nice trade using your Ind,took the bounce off .346007 and close above POC &ATR
Took 4 lots of @ .34886.
I will let 1 lot run as i am thinking this is a spring up to break Fridays resistance @.34960.All i need know is good size volume to break above and close.Getting there,many thanks
Attached Image (click to enlarge)
Click to Enlarge Name: ibh.gif Size: 40 KB
hifx
  • #352
  • Feb 14, 2011 11:46am Feb 14, 2011 11:46am
Quoting mima
Hi,

What are circles with arrows? Is it possible to turn them off?
If I put 30 in time frame does it mean it is 30 minutes?...or I must use D or W or M?
it is arrow for marking open and close price of the day/weekly/monthly...

if you use candle chart it will only arrow without circle...
...
  • #353
  • Feb 14, 2011 11:47am Feb 14, 2011 11:47am
today's lowest volume node tested to the pip.
pvp level is at the bottom of today's range and price is currently trading above pvp. highest activity is at the bottom of the daily range... hm... i wonder if big boys are going short from the bottom ...
Attached Image (click to enlarge)
Click to Enlarge Name: e-u_profile.gif Size: 33 KB
Nihil Sine Deo.
  • #354
  • Feb 14, 2011 11:55am Feb 14, 2011 11:55am
Quoting HIFX
tgwbhh,

Nice trade using your Ind,took the bounce off .346007 and close above POC &ATR
Took 4 lots of @ .34886.
I will let 1 lot run as i am thinking this is a spring up to break Fridays resistance @.34960.All i need know is good size volume to break above and close.Getting there,many thanks
nice trade. a bounce off the IBH should have the DIBL as a target - 3490ish. it seems price as stalled there twice today, and on the 2nd push up the volume has been decreasing. add that to a now-term down trend and I personally wouldn't expect much higher up today. That said however, friday's POC is at 3530 and NY IB was narrow it is possible that EU makes it up to Friday's POC. a (convincing) 30M close above the DIBL would make it more likely to keep moving up

plane is delayed...thank you airport wifi
Change is the only constant
  • #355
  • Feb 14, 2011 11:56am Feb 14, 2011 11:56am
[quote=Scrat;4392222]here are two indicators that i wanted to share:

Thanks Scrat for the indie's.
Cheers,Mel
  • #356
  • Feb 14, 2011 11:58am Feb 14, 2011 11:58am
Here's a decent MT4 VPOC indicator, in case anyone here might find it useful. (if you only want the POC, VPOC levels to use in conjunction with other MP tools, just set the histogram colors to none)

cheers,

Fudo
Attached File(s)
File Type: mq4 MarketProfile_VirginpPOC.mq4   14 KB | 1,776 downloads
  • #357
  • Feb 14, 2011 4:54pm Feb 14, 2011 4:54pm
I mentioned a couple of worthwhile webinars from value zone trading that can be found on Traderkingdom.com. Well, here's an example of a trade in action.

Inserted Video
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #358
  • Feb 14, 2011 6:33pm Feb 14, 2011 6:33pm
Very busy day. Up for work at the crack of dawn, then immediately to campus to deal with all kinds of nonsense I'm not going to bother going into.

Just got home, thinking about a late dinner...My girlfriend just reminded me it's valentines day ..

Ok enough, here's today's chart. Nice bounce off of last week's close. Also nice bounce off of last week's low/yesterdays VAH
Attached Image (click to enlarge)
Click to Enlarge Name: f14aa.jpg Size: 73 KB
  • #359
  • Feb 14, 2011 6:36pm Feb 14, 2011 6:36pm
Quoting HIFX
Frank,

For me it is easy to be stuck in front of a screen when ever i choose at the moment.I am a free lance Communications Engineer,that has been blighted by irresponsible actions of our world bankers and the FSA (Britains financial regulatory body - toothless) So do not feel in any way part time.
I am so glad that i found this thread and it participants,it is to say the very least enlightening

Blighted, or blessed?

If you pay your bills and also have time to check the markets at your will, I'd say you're one lucky guy.
  • #360
  • Feb 14, 2011 6:37pm Feb 14, 2011 6:37pm
Quoting bandung
hi frank.. what platform you're using...?

eu this asian session... filling the gap, which coincide with one of friday HVN... now reverse... goint to friday POC I guess.. if it can pass through today IBH which is the first 15 minute candle high..
TOS

BTW that's a lovely indicator
12 traders viewing now