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Auction Market Theory and Market Profile

  • #17,381
  • Oct 3, 2021 3:26pm Oct 3, 2021 3:26pm
Kette, thank you for sharing your knowledge and experience. I would like to feel and understand the market as you do

I read the material you posted here on the forum:
1. https://www.vtad.de/lexikon/volume-profile/
2. Market ProFile trading methods_Dmitry Sapegin.docx

Honestly, I got lost a little bit

For example, setup if the price of a given day opens in the VA of the previous day:

Short by. VTAD
If the market opens on the following trading day between POC and VAH, the short strategy is triggered: A stop sell is placed on the VAH of the previous day, the stop loss is just above the previous day's high and the take profit is on the VAL of the previous day placed

In this version:

  1. VP days: 1
  2. The place of opening in VA matters: above the POC and below the VAH
  3. We actually sell pullback to VAH
  4. Here probably some PA rejecting VAH would come in handy.


Short by. Dmitry Sapegin, here we have probably two versions:
According to pt 2a) In a falling market, when the current session opens inside VAL, open a short position from the previous day's VAH (- 2 points) with a stop at the POC or HVL level of the day before last (+ 1.5 points).

In this version:

  1. VP days: 2
  2. The place of opening in VA not matters: should be in VA
  3. We actually sell pullback to VAH
  4. Here probably some PA rejecting VAH would come in handy.

I think I still understand, the trend gives a greater advantage. The place of opening does not matter much, we open the position with the trend, but at the highest price (pullback)

According to pt 4a) In a falling market, when the current session opens above yesterday's VAL, but below the day before yesterday's POC, open a short position at the level of the day before yesterday's VAH and again at the level of the day before yesterday's POC, with a stop 1.5 pips above the day before yesterday's high. If the price has reached the level of hitting the stop and remains higher, we change the direction of trade.


In this version:

  1. VP days: 2
  2. The place of opening in VA matters: below the POC and above the VAL (opposite to VTAD)
  3. We actually sell pullback to POC
  4. Here probably some PA rejecting POC would come in handy.


Ask to you:
1. Could you please tell me if I am thinking correctly about VTAD (short) and Sapegin 2a) ?

2. I don't understand why setup Sapegin 4a) is the inverse to VTAD, could I ask for help in understanding ?

Thank you in advance.

  • #17,382
  • Oct 3, 2021 3:49pm Oct 3, 2021 3:49pm
Quoting FunkyKoval
Kette, thank you for sharing your knowledge and experience. I would like to feel and understand the market as you do I read the material you posted here on the forum: 1. https://www.vtad.de/lexikon/volume-profile/ 2. Market ProFile trading methods_Dmitry Sapegin.docx Honestly, I got lost a little bit For example, setup if the price of a given day opens in the VA of the previous day: Short by. VTAD If the market opens on the following trading day between POC and VAH, the short strategy is triggered: A stop sell is placed...


You have put a lot of effort into this.
Please note !!!!! they are afterthoughts.
reality is different
that's why I often write buy low or sell high according to the classic mp trade

see btc
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  • #17,383
  • Oct 3, 2021 4:20pm Oct 3, 2021 4:20pm
Quoting FunkyKoval
Kette, thank you for sharing your knowledge and experience. I would like to feel and understand the market as you do I read the material you posted here on the forum: 1. https://www.vtad.de/lexikon/volume-profile/ 2. Market ProFile trading methods_Dmitry Sapegin.docx Honestly, I got lost a little bit For example, setup if the price of a given day opens in the VA of the previous day: Short by. VTAD If the market opens on the following trading day between POC and VAH, the short strategy is triggered: A stop sell is placed...



there are different views of what constitutes mp trading.
I trade all the cassettes that really exist.
what you describe concerns the future trade
we don't trade futures , we trade cfd and forex totally different league
  • #17,384
  • Oct 3, 2021 4:29pm Oct 3, 2021 4:29pm
Quoting kette
{quote} You have put a lot of effort into this. Please note !!!!! they are afterthoughts. reality is different that's why I often write buy low or sell high according to the classic mp trade see btc {image}
Thank you for your answer. Honestly, I'm not sure if I understand it maybe because of the language, English is not my native language.

Got it, buy cheap, sell high. I also understand that cheap / expensive is a relative thing, and what is cheap today may be expensive tomorrow. In fact, everything is about value, and whether the good is expensive / cheap compared to its real value (like a car, as you say)

In this sense, the classic MP speaks of a responsive strategy:
1. If the price is above the current value (too expensive for the value) then sell.
2. If the price is below the current value (too cheap for the value) then buy.

In this case, the setup is simple (theoretically)
1. SHORT - on VAH previouse day
2. LONG - on VAL previouse day
of course after some PA rejecting this level.

but when market is proactive, and price is above VAH and below VAL then long term traders (what ever time/timeframe) looking "own" value. Daly POC could be somehwere against Yeary, Monthly, Weekly, "whatever time" POC
  • #17,385
  • Oct 3, 2021 4:35pm Oct 3, 2021 4:35pm
Quoting kette
{quote} there are different views of what constitutes mp trading. I trade all the cassettes that really exist. what you describe concerns the future trade we don't trade futures , we trade cfd and forex totally different league

ok, I didn't write it, I just read it in the materials you indicated.

I'm already completely lost, I don't understand it.

I don't know, maybe I'm a faulty, but does anyone understand any of this?

I thought that I would be able to build a specific strategy based on this materials for Forex trading

How to understand what you wrote, which of the described setups does not apply to Forex and CFDs from these materials

  1. https://www.vtad.de/lexikon/volume-profile/
  2. Market ProFile trading methods_Dmitry Sapegin.docx

  • #17,386
  • Oct 3, 2021 4:36pm Oct 3, 2021 4:36pm
Quoting FunkyKoval
{quote} Thank you for your answer. Honestly, I'm not sure if I understand it maybe because of the language, English is not my native language. Got it, buy cheap, sell high. I also understand that cheap / expensive is a relative thing, and what is cheap today may be expensive tomorrow. In fact, everything is about value, and whether the good is expensive / cheap compared to its real value (like a car, as you say) In this sense, the classic MP speaks of a responsive strategy: 1. If the price is above the current value (too expensive for the...

the language is, you are right
the important thing is to understand the mp.
yes, the market is moving fast.
I'm not a trend trader myself, I'm too stupid.

here nobody knows why i bought on this chart
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  • #17,387
  • Oct 3, 2021 4:46pm Oct 3, 2021 4:46pm
Quoting FunkyKoval
{quote} ok, I didn't write it, I just read it in the materials you indicated. I'm already completely lost, I don't understand it. I don't know, maybe I'm a faulty, but does anyone understand any of this? I thought that I would be able to build a specific strategy based on this materials for Forex trading How to understand what you wrote, which of the described setups does not apply to Forex and CFDs from these materials https://www.vtad.de/lexikon/volume-profile/ Market ProFile trading methods_Dmitry Sapegin.docx

Simply explained
these are afterthoughts ,there are thousands of them in ff
Some things are reflected in the trade more often than others.
in forex i used the correlation that helps
  • #17,388
  • Oct 3, 2021 4:49pm Oct 3, 2021 4:49pm
Quoting kette
{quote} the language is, you are right the important thing is to understand the mp. yes, the market is moving fast. I'm not a trend trader myself, I'm too stupid. here nobody knows why i bought on this chart {image}
ha ha, maybe my problem is that I am looking for a mystery, and all in all it's easy as you write and maybe it's just the art of reacting to changes

As I understand you are trading as the price is generally in some kind of consolidation, are you avoiding the trending market?

If so, then the "responsive" strategy is great. You just have to be careful, because the market may shift the price to another level (pro-active traders)

How are you getting on with it?
  • #17,389
  • Oct 3, 2021 4:53pm Oct 3, 2021 4:53pm
Quoting FunkyKoval
{quote} ha ha, maybe my problem is that I am looking for a mystery, and all in all it's easy as you write and maybe it's just the art of reacting to changes As I understand you are trading as the price is generally in some kind of consolidation, are you avoiding the trending market? If so, then the "responsive" strategy is great. You just have to be careful, because the market may shift the price to another level (pro-active traders) How are you getting on with it?

many make a science of it
I don't do that, I keep my trading as simple as possible.
There are many charts that show how easy it is.




a little tip you don't have to understand everything
something like this has an influence on your trade, which is bad.
  • #17,390
  • Oct 3, 2021 5:07pm Oct 3, 2021 5:07pm
Quoting kette
{quote} many make a science of it I don't do that, I keep my trading as simple as possible. There are many charts that show how easy it is. a little tip you don't have to understand everything something like this has an influence on your trade, which is bad.

that's great advice thank you for reminding me.

I have been trading for two years (such learning).

I had different stages, but as I remember when I was going well, I understand that the simpler and less intellect the better, but I still catch myself to overcomplexinc and wanting to understand each atom.

  • #17,391
  • Oct 3, 2021 5:10pm Oct 3, 2021 5:10pm
Quoting FunkyKoval
{quote} that's great advice thank you for reminding me. I have been trading for two years (such learning). I had different stages, but as I remember when I was going well, I understand that the simpler and less intellect the better, but I still catch myself to overcomplexinc and wanting to understand each atom.

respect the right words.
It happened to me in exactly the same way - everything is useless if you want to know.
keep your trading style, success comes slowly and you get better and calmer.
  • #17,392
  • Oct 3, 2021 5:19pm Oct 3, 2021 5:19pm
thank you very much Kette, sometimes need to hear such a voice from an experienced person like you, it helps me a lot and sets me on the right track.



BTW. Since the bank of Australia has a day off, what is moving the price now?
  • #17,393
  • Oct 3, 2021 5:23pm Oct 3, 2021 5:23pm
Quoting FunkyKoval
thank you very much Kette, sometimes need to hear such a voice from an experienced person like you, it helps me a lot and sets me on the right track. BTW. Since the bank of Australia has a day off, what is moving the price now?

have only btc and crypto
forex brings nothing today
  • #17,394
  • Oct 4, 2021 1:43am Oct 4, 2021 1:43am
USDCHF
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  • #17,395
  • Oct 4, 2021 3:36am Oct 4, 2021 3:36am
Quoting kette
{quote} i have a friend in frankfurt who told me that the ignorant person will always be the loser. {image}
Hello Kette, could you please send link to Strength Meter you use ? thx a lot

your print screen looks like that
Attached Image
  • #17,396
  • Oct 4, 2021 3:44am Oct 4, 2021 3:44am
Quoting FunkyKoval
{quote} Hello Kette, could you please send link to Strength Meter you use ? thx a lot your print screen looks like that {image}
He uses: https://marketmilk.babypips.com/currency-strength
  • #17,397
  • Oct 4, 2021 3:49am Oct 4, 2021 3:49am
Quoting jl3.
{quote} He uses: https://marketmilk.babypips.com/currency-strength
super, txh!
  • #17,398
  • Oct 4, 2021 5:02am Oct 4, 2021 5:02am
GU long
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  • #17,399
  • Oct 4, 2021 5:09am Oct 4, 2021 5:09am
Quoting kette
every broker has different tick data We don't have real volume either, the important thing is that we can handle it and trade it. How does the Market Profile work? For each trading day we get a histogram that distributes the trading activity across the different price levels. The histogram is made up of individual letters that mark the different time periods in the trading day. These letters are Time Price Opportunities (TPOs). As a rule, a TPO stands for 30 minutes. This makes it possible to determine in retrospect at which times which prices were...

Very Good Afternoon Dear Kette,

Thank You very very much for sharing your Knowledge with such a Detailed Explanation.
  • #17,400
  • Edited 9:19am Oct 4, 2021 5:26am | Edited 9:19am
Quoting jl3.
GU long {image}
Please find herewith Important Levels for

M - W - D

I Personally Feel that 1.3640 is a Confluence Zone

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Thanks & Regards
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