Auction Market Theory and Market Profile | Page 592 | 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

  • #11,821
  • Apr 17, 2020 2:57pm Apr 17, 2020 2:57pm
like an addiction
you see it coming that it works for you
I take a break on Mondays and Tuesdays
Attached Image (click to enlarge)
Click to Enlarge Name: [DJI30]M15.png Size: 147 KB
  • #11,822
  • Apr 17, 2020 3:14pm Apr 17, 2020 3:14pm
Quoting kette
nice weekend everyone stay healthy my wti tanker will continue into the coming week {image}
hi kettle, i have seen your chart and your trading history. i see some small mistakes that if you fix them you will be great. one of the problem i see on your chart is too much information, work on reducing the number of indicators. if you put too much indicators, they tend to blindfold your reasoning capacity. instead of making your own trade decisions, you start to follow the indicators. once you take off those indicators, you will develop a self reliant spirit. mind you, indicators doesn't predict what will happen in the future, they just show you what happened in the past so that you can make precise decisions about present and future.

attached is my present chart setting, i took off all unnecessary indicators, this account i started with gbp50 now its over gbp200
Attached Image (click to enlarge)
Click to Enlarge Name: lesson.png Size: 66 KB
I trade like the banks
  • #11,823
  • Apr 17, 2020 3:29pm Apr 17, 2020 3:29pm
Quoting bentbysmart
{quote} hi kettle, i have seen your chart and your trading history. i see some small mistakes that if you fix them you will be great. one of the problem i see on your chart is too much information, work on reducing the number of indicators. if you put too much indicators, they tend to blindfold your reasoning capacity. instead of making your own trade decisions, you start to follow the indicators. once you take off those indicators, you will develop a self reliant spirit. mind you, indicators doesn't predict what will happen in the future, they...

the indicators don't really interest me
they are in the chart to test
Thank you for showing my mistakes
  • #11,824
  • Apr 17, 2020 3:34pm Apr 17, 2020 3:34pm
my trade consists of poc and gap
  • #11,825
  • Apr 18, 2020 4:59am Apr 18, 2020 4:59am
Quoting kette
{quote} my trade is always poc and gap {image}
kette can you please elaborate how to take an entry either buy or sell using volume profile. You said you look for poc and gaps. so do you take a buy when price moves above the poc and sell when price break below the poc ? do u use gaps for TP ? Also how do u take previous days poc's and gaps ?I will appreciate if you can explain this shortly
  • #11,826
  • Apr 18, 2020 6:05am Apr 18, 2020 6:05am
Quoting yahsir
{quote} kette can you please elaborate how to take an entry either buy or sell using volume profile. You said you look for poc and gaps. so do you take a buy when price moves above the poc and sell when price break below the poc ? do u use gaps for TP ? Also how do u take previous days poc's and gaps ?I will appreciate if you can explain this shortly
dow best example
Buy once upward trend (then always look at m1)
downward trend sale
simply always define your tp
Attached Image(s) (click to enlarge)
Click to Enlarge Name: [DJI30]M15 (1).png Size: 146 KB
Click to Enlarge Name: [DJI30]M15.png Size: 153 KB
  • #11,827
  • Apr 18, 2020 6:21am Apr 18, 2020 6:21am
Hello.
I looked at the board you put on. and I saw the arrows, I would ask what the direction of the arrows is based on.
how to determine the direction of the arrows.
Thanks.
  • #11,828
  • Apr 18, 2020 6:25am Apr 18, 2020 6:25am
Quoting tiborf71
Hello. I looked at the board you put on. and I saw the arrows, I would ask what the direction of the arrows is based on. how to determine the direction of the arrows. Thanks.

when the market turns there is a signal or alarm
I've been testing this for some time
the results are amazing
so I see where I am in the MP above or below
  • #11,829
  • Apr 18, 2020 6:26am Apr 18, 2020 6:26am
Quoting kette
more power for dow {image} {image}
or look at these two charts
what i quote
  • #11,830
  • Apr 18, 2020 6:28am Apr 18, 2020 6:28am
if i recommend indicators
there are very few
MP is number 1
Savy MACD 2
  • #11,831
  • Apr 18, 2020 6:30am Apr 18, 2020 6:30am
Quoting kette
{quote} dow best example Buy once upward trend (then always look at m1) downward trend sale simply always define your tp {image} {image}
You took buy because the price just moved above the POC and and there is a gap above it that tells more chances price will go up in the gap area. am i right ?
  • #11,832
  • Apr 18, 2020 6:32am Apr 18, 2020 6:32am
this is my hit list at the moment
Attached File(s)
File Type: rar riv_ay-tpochart.v102-6 (2).rar   634 KB | 578 downloads
File Type: zip Savvy MACD Indicator files.zip   1.1 MB | 453 downloads
File Type: ex4 DY-WK-MN-YR LINES.ex4   7 KB | 373 downloads
File Type: mq4 AverageRangeLines_v1.2.mq4   9 KB | 369 downloads
File Type: ex4 Days of the Week.ex4   61 KB | 384 downloads
File Type: ex4 Wyatt's Pivots 20150517mod_CPRa.ex4   84 KB | 344 downloads
File Type: mq4 Pivots.mq4   24 KB | 300 downloads
File Type: ex4 Drawing Toolbox.ex4   234 KB | 334 downloads
  • #11,833
  • Apr 18, 2020 6:36am Apr 18, 2020 6:36am
I'm lucky to be close
which is not possible from mt4


my broker admiral markets
future provides everything free of charge
dax, dow, cac40, s & p and much more
do not want to advertise that in advance
everything is allowed I don't know a better broker
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot__YM_M0_2020.04.16_15.49.03.jpg Size: 508 KB
  • #11,834
  • Apr 18, 2020 6:46am Apr 18, 2020 6:46am
that will be my standard template
MP display without indicators
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 109 KB
Click to Enlarge Name: EURUSDM30.png Size: 118 KB
  • #11,835
  • Apr 18, 2020 6:52am Apr 18, 2020 6:52am
for information
I am not a professional and I do not sell anything
or tell fairy tales all charts were actually traded
also my wti tanker
  • #11,836
  • Apr 18, 2020 6:59am Apr 18, 2020 6:59am
kette- can u show why u take buy and sell entries using Market profile on the chart. I am learning MP and i see you have very good grasp on it.
  • #11,837
  • Apr 18, 2020 7:01am Apr 18, 2020 7:01am
wti
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (37).png Size: 874 KB
  • #11,838
  • Apr 18, 2020 7:08am Apr 18, 2020 7:08am
Quoting yahsir
kette- can u show why u take buy and sell entries using Market profile on the chart. I am learning MP and i see you have very good grasp on it.

that can hardly explain my trade to you
my advice act according to rules
page 570
post 11,389
  • #11,839
  • Apr 18, 2020 7:13am Apr 18, 2020 7:13am
i have to say my son also trades on mt4 and mt5
and practice programming
  • #11,840
  • Apr 18, 2020 7:21am Apr 18, 2020 7:21am
what you should know the MP shows where you can trade and where not
simple rule come from below or from above
in the middle you always lose, there is the range where all the big ones are happy
3 traders viewing now