Auction Market Theory and Market Profile

Quoting kette

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{quote} Robin Mesch to read and understand is the right approach. The market profile is the best indicator and if you study everything I have traded. you quickly realise how simple it is.

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Quoting metthewp

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{quote} I appreciate so much your awnser =) Today i have made a trade using liquidity gap in volume range. Looking at the chart before and after i see that price goes to liquidity gaps to fill positions. But i want to know why liquidity gaps are so attractive to the price? Why price tends to fill positions inside liquidity gaps? If someone can explain why prices tend to go to to this zones i will be thankful In the images, we can see the volume gap evolution before and after the consolidation. {image} {image}

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Quoting kette

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{quote} gaps are gladly traded no interest it is left to the buyers or sellers like USDCAD {image} {image}

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Quoting karuner

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{quote} Kette, a question about gaps: do you have an idea or theory about why there is a tendency for them to be closed? i mean an explanation in terms of market mechanics, liquidity etc. – why they kind of magnetically attract price..

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Quoting kette

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{quote} I like to trade these gaps theory what i see the buying volume determined this fast slides like usdcad, hardly any seller volume was seen no interest

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Quoting karuner

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{quote} Ok, so sometimes when there is a lot of buying volume, it quickly consumes limit orders on the sell side PLUS the market makers pull out their limit sell orders -> we have a liquidity gap. Market buy orders continue to get filled only above that gap. After some time the buying is finished. Now Market Makers are heavily short (from their Limit Sell Orders that have been filled and consumed by the Market buyers). Maybe they need to get back at least below the gap to balance their books again without a loss. But how would they move market there?...

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Quoting metthewp

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{quote} I appreciate so much your awnser =) Today i have made a trade using liquidity gap in volume range. Looking at the chart before and after i see that price goes to liquidity gaps to fill positions. But i want to know why liquidity gaps are so attractive to the price? Why price tends to fill positions inside liquidity gaps? If someone can explain why prices tend to go to to this zones i will be thankful In the images, we can see the volume gap evolution before and after the consolidation. {image} {image}

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Quoting kette

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small advantage is really to see the volume {image}

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Quoting kette

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{quote} You're right about what you wrote. For me, liquidity gaps are safe trades. {image} {image}

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Quoting Shaga

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{quote} Hi Kette, may i ask you something about it? What are you looking for to go long here? * red candles with positive delta * negative delta but price isn´t dropping * sideways action + overall positive delta * all of them Thank you, and best reagards

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Quoting karuner

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{quote} i can't really read those charts yet, or interpret them, but i've wanted to get into this style of trading for some time. i'm thinking of trying out ATAS plattform. what you marked in that BTCUSD-chart in red are liquidity gaps?

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Quoting kette

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{quote} i am only looking for interesting areas volume falls or rises in the lower part you can see the volume of each candle this fascinates me, compare it on my mt4 market profiles https://www.trading-fuer-anfaenger.de/footprint-chart/ {image} {image}

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Quoting Macallik

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Curious what other's interpretation of SPY currently is? Based on Auction Theory, there appears to be strong dip-buying but repeatedly little no participation by long-term timeframe traders in higher prices. Then again, the markets have been grinding higher on reduced volume for weeks now... Technically, price is in an uptrend making HH/HL and the longer price stays at current levels, the more price is accepted, so although conviction is waning, the highest probability move is just to continue buying dips, no? Or maybe sit on the sidelines because...

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Quoting kette

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{quote} i am only looking for interesting areas volume falls or rises in the lower part you can see the volume of each candle this fascinates me, compare it on my mt4 market profiles https://www.trading-fuer-anfaenger.de/footprint-chart/ {image} {image}

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Quoting kette

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future and cfd {image}

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Quoting kette

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{quote} i am only looking for interesting areas volume falls or rises in the lower part you can see the volume of each candle this fascinates me, compare it on my mt4 market profiles https://www.trading-fuer-anfaenger.de/footprint-chart/ {image} {image}

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