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Auction Market Theory and Market Profile

  • #10,281
  • Feb 19, 2020 4:46pm Feb 19, 2020 4:46pm
Quoting Froggy
Yep, made some $ back and then lost it all again.... I am missing something.... more reading/observing.....
reading is good, you have to watch how a price is traded or rejected in the poc area that takes m1-H4
I waited for gold to mark the double top
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  • #10,282
  • Feb 19, 2020 4:48pm Feb 19, 2020 4:48pm
gold can only be traded m1 or m5 for a quick win and out
  • #10,283
  • Feb 19, 2020 5:06pm Feb 19, 2020 5:06pm
gj you have to watch gap close
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  • #10,284
  • Feb 19, 2020 5:30pm Feb 19, 2020 5:30pm
Hi to everybody, I started to study the theory behind this trading style (with the PDFs in the thread ) and at the moment there isn't any problem (with the theory).
The problems start when I see the charts posted here, I'll explain myself in a better way:
Trades here are so clean and perfect but in my mind I only think: WHY he/she entered in that trade? WHY in that direction? WHY with that TP?.

So I would like to propose a new ""rule"" in chart posting, for example posting even only the "entry reason".
Maybe this "rule" can help people like me to start faster and contribute to the thread.

I don't want to be the "shortcut guy", but maybe this can increase the partecipation here.

Feel free to "send me to hell" , I hope to post my charts soon
"In ancient times they had no statistics so they had to fall back on lies."
  • #10,285
  • Feb 19, 2020 5:41pm Feb 19, 2020 5:41pm
Quoting Naustromo
Hi to everybody, I started to study the theory behind this trading style (with the PDFs in the thread ) and at the moment there isn't any problem (with the theory). The problems start when I see the charts posted here, I'll explain myself in a better way: Trades here are so clean and perfect but in my mind I only think: WHY he/she entered in that trade? WHY in that direction? WHY with that TP?. So I would like to propose a new ""rule"" in chart posting, for example posting even only the "entry reason". Maybe this "rule" can help people...
that's hard to explain
you would never have done that
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  • #10,286
  • Feb 19, 2020 5:50pm Feb 19, 2020 5:50pm
the question is what do you want to trade
  • #10,287
  • Feb 19, 2020 5:56pm Feb 19, 2020 5:56pm
Quoting kette
{quote} that's hard to explain you would never have done that {image} {image}
Don't worry, I'm the typical stubborn guy. So I will (and want to) understand this as I did with everything .
Just a question: using this kind of chart, there is a main way to trade? (not only one, but a main)
I meant if you guys (kette, thisara, froggy) are trading in the same way (more or less), so I can keep you guys as reference
"In ancient times they had no statistics so they had to fall back on lies."
  • #10,288
  • Feb 19, 2020 5:59pm Feb 19, 2020 5:59pm
Quoting Naustromo
{quote} Don't worry, I'm the typical stubborn guy. So I will (and want to) understand this as I did with everything . Just a question: using this kind of chart, there is a main way to trade? (not only one, but a main) I meant if you guys (kette, thisara, froggy) are trading in the same way (more or less), so I can keep you guys as reference
thanks, please show what you want to trade
  • #10,289
  • Feb 19, 2020 6:06pm Feb 19, 2020 6:06pm
Quoting kette
the question is what do you want to trade
Oh I read that only now.
Well long story short: I'm already trading on 4h as "swing trader" with good result. Just simple price action in the right spots.

I never stopped learning even if profitable, so I started to read about order flow, footprint, orderbook, volume, delta volume...everything.
But I NEVER reached "to the point", then I discovered this thread and I started to see the effectiveness of the market profile applied on naked chart.

My main idea is to implement this in my trading style, or maybe use it to trading in the lower TF too.

My trading style at the moment is purely
Because I think that with this kind of trading style you can ""know"": where the price want to go and WHY. In the short term.

BTW: to answer the question, I trade only forex...maybe I will try Index too. No Futures at the moment.
"In ancient times they had no statistics so they had to fall back on lies."
  • #10,290
  • Feb 19, 2020 6:10pm Feb 19, 2020 6:10pm
Quoting Naustromo
{quote} Oh I read that only now. Well long story short: I'm already trading on 4h as "swing trader" with good result. Just simple price action in the right spots. I never stopped learning even if profitable, so I started to read about order flow, footprint, orderbook, volume, delta volume...everything. But I NEVER reached "to the point", then I discovered this thread and I started to see the effectiveness of the market profile applied on naked chart. My main idea is to implement this in my trading style, or maybe use it to trading in the lower TF...

that sounds good, my advice do it the only way you can learn
  • #10,291
  • Feb 19, 2020 6:15pm Feb 19, 2020 6:15pm
Quoting Naustromo
{quote} Oh I read that only now. Well long story short: I'm already trading on 4h as "swing trader" with good result. Just simple price action in the right spots. I never stopped learning even if profitable, so I started to read about order flow, footprint, orderbook, volume, delta volume...everything. But I NEVER reached "to the point", then I discovered this thread and I started to see the effectiveness of the market profile applied on naked chart. My main idea is to implement this in my trading style, or maybe use it to trading in the lower TF...
I've already described my style, it's classic
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  • #10,292
  • Feb 19, 2020 6:16pm Feb 19, 2020 6:16pm
Quoting kette
{quote} that sounds good, my advice do it the only way you can learn
Thank you for your advice , the most important things that I learnt in these few months is that the informations from experienced traders are gold and not the classic web-information for the "90% retail" that everybody can find on the internet.

So sorry if act in a boring way asking everything
"In ancient times they had no statistics so they had to fall back on lies."
  • #10,293
  • Feb 19, 2020 6:17pm Feb 19, 2020 6:17pm
Quoting kette
{quote} I've already described my style, it's classic {image}
Really interesting, I will read again all your posts, maybe I didn't pay enough attention
"In ancient times they had no statistics so they had to fall back on lies."
  • #10,294
  • Feb 19, 2020 6:23pm Feb 19, 2020 6:23pm
Quoting Naustromo
{quote} Thank you for your advice , the most important things that I learnt in these few months is that the informations from experienced traders are gold and not the classic web-information for the "90% retail" that everybody can find on the internet. So sorry if act in a boring way asking everything

does not hear everything well, start small 0.01-0.03
  • #10,295
  • Feb 19, 2020 6:26pm Feb 19, 2020 6:26pm
I also have crap on the run
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  • #10,296
  • Feb 19, 2020 6:38pm Feb 19, 2020 6:38pm


No hit
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  • #10,297
  • Feb 19, 2020 6:40pm Feb 19, 2020 6:40pm
Quoting kette
I also have crap on the run {image}
Eheh we all have
BTW the thing that don't rush me into trade this style without the knowledge (I see people do that in other thread ahah) , is that I'm not finding for the "perfect system" or "holy grail"...but I want to understand the market, its structure, how that moves.
So I will learn from mine and yours mistake and I'll learn from success too

...in this 1 year and half the passion for trading hit me at full speed
"In ancient times they had no statistics so they had to fall back on lies."
  • #10,298
  • Feb 19, 2020 6:41pm Feb 19, 2020 6:41pm
Quoting kette
No hit {image}
A gently pat to the BuyLimit ahah, that could be an instant profit
"In ancient times they had no statistics so they had to fall back on lies."
  • #10,299
  • Feb 19, 2020 6:43pm Feb 19, 2020 6:43pm
Quoting Naustromo
{quote} Eheh we all have BTW the thing that don't rush me into trade this style without the knowledge (I see people do that in other thread ahah) , is that I'm not finding for the "perfect system" or "holy grail"...but I want to understand the market, its structure, how that moves. So I will learn from mine and yours mistake and I'll learn from success too ...in this 1 year and half the passion for trading hit me at full speed
if you trade mp come from above or below
  • #10,300
  • Edited 7:36pm Feb 19, 2020 7:25pm | Edited 7:36pm
update
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