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Auction Market Theory and Market Profile

  • #14,001
  • Aug 11, 2020 9:46am Aug 11, 2020 9:46am
I'm back from a long weekend. Will start trading tomorrow again.
  • #14,002
  • Aug 11, 2020 6:01pm Aug 11, 2020 6:01pm
yesterday's trading
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  • #14,003
  • Aug 11, 2020 6:15pm Aug 11, 2020 6:15pm
correlation
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  • #14,004
  • Aug 12, 2020 1:57am Aug 12, 2020 1:57am
I decided to test something. I saw on the settings of the Overlay indi that you can do 'mirroring'. It is False by default, so I changed it to true. Then I entered the EU pair on the Overlay indi and also switched my chart to EU.
It is easy to see what it is doing, it mirrors the price action by showing excatly what the opposite of PA would look like. The rest is plain to see.
Let's see how well it works.
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  • #14,005
  • Aug 12, 2020 4:37am Aug 12, 2020 4:37am
Quoting Ratel
I decided to test something. I saw on the settings of the Overlay indi that you can do 'mirroring'. It is False by default, so I changed it to true. Then I entered the EU pair on the Overlay indi and also switched my chart to EU. It is easy to see what it is doing, it mirrors the price action by showing excatly what the opposite of PA would look like. The rest is plain to see. Let's see how well it works. {image}

I took my profit a bit earlier on the EU trade.
Now I am trying the same with the NU.
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  • #14,006
  • Aug 12, 2020 9:57am Aug 12, 2020 9:57am
Quoting Ratel
I decided to test something. I saw on the settings of the Overlay indi that you can do 'mirroring'. It is False by default, so I changed it to true. Then I entered the EU pair on the Overlay indi and also switched my chart to EU. It is easy to see what it is doing, it mirrors the price action by showing excatly what the opposite of PA would look like. The rest is plain to see. Let's see how well it works. {image}

test it H1 15 points I would close
I prefer to trade m1
  • #14,007
  • Aug 12, 2020 9:59am Aug 12, 2020 9:59am
that's my only trade today, the dax
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  • #14,008
  • Aug 12, 2020 10:06am Aug 12, 2020 10:06am
uj open
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  • #14,009
  • Aug 12, 2020 3:04pm Aug 12, 2020 3:04pm
gold tp zone
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  • #14,010
  • Aug 13, 2020 12:51am Aug 13, 2020 12:51am
eu correlation
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  • #14,011
  • Aug 13, 2020 1:42am Aug 13, 2020 1:42am
Hi all in this thread, Im Sehat from Indonesia. Begin to trade forex now. And im interested to learn volume profile subject. Could anyone here refer a good book for me to study about this? Or any link in website. I have read before a book "Investing with Volume Analysis" by Buff Dormeier. Discussing On Balance Volume, volume pattern and MFI. But have no written any subject like market profile in this thread.

Thank you have read about this. Thank you if you had any subjects to improve my trading.
  • #14,012
  • Aug 13, 2020 1:59am Aug 13, 2020 1:59am
Quoting kette
{quote} test it H1 15 points I would close I prefer to trade m1
Now testing it on H1 with 15 points. I was a bit too quick on this entry though. The CCFpi lines were still widening instead of narrowing when I entered the trade. Let's see what happens.
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  • #14,013
  • Aug 13, 2020 3:12am Aug 13, 2020 3:12am
Quoting Ratel
{quote} Now testing it on H1 with 15 points. I was a bit too quick on this entry though. The CCFpi lines were still widening instead of narrowing when I entered the trade. Let's see what happens. {image}
nothing going on on m1
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  • #14,014
  • Aug 13, 2020 3:14am Aug 13, 2020 3:14am
eu

ea
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  • #14,015
  • Aug 13, 2020 5:50am Aug 13, 2020 5:50am
eu
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  • #14,016
  • Aug 13, 2020 6:40am Aug 13, 2020 6:40am
Quoting kette
{quote} poc tp {image}
live account is ready since yesterday
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  • #14,017
  • Aug 13, 2020 6:59am Aug 13, 2020 6:59am
spreads
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  • #14,018
  • Aug 13, 2020 8:13am Aug 13, 2020 8:13am
correlation

m1

close
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  • #14,019
  • Aug 13, 2020 8:43am Aug 13, 2020 8:43am
collect points
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  • #14,020
  • Aug 13, 2020 8:49am Aug 13, 2020 8:49am
next high close
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