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Auction Market Theory and Market Profile

  • #1
  • First Post: Edited Dec 20, 2012 1:28pm Jan 22, 2011 10:29am | Edited Dec 20, 2012 1:28pm


AMT resources

James Dalton Videos:
http://vimeo.com/user4051895/videos (A must)

James Dailton daily blog
http://jamesdaltontrading.com/blog/

Alex Benjamin VIDEOS:
http://www.tradingclinic.com/mp201/m...min_021705.wmv

MP101 & MP102 free)

http://www.tradingclinic.com/mp201/m...min_021705.wmv
http://www.tradingclinic.com/downloa...edia/MP102.wmv

MP103
Not free but, clicking on the following link will give you access to a free 3 hour presentation.
http://www.tradingclinic.com/oneoff/...l20080606.html

Father of MP - Peter_Steidlmayer (classics)
http://www.4shared.com/document/WA5J...-_On_Marke.htm
http://www.4shared.com/document/vm01..._Markets_.html

Robin Mersch Strategy
http://www.cmegroup.com/education/in...t-profile.html http://www.forexfactory.com/images/buttons/forward.gif

---------

  1. http://www.4shared.com/office/ivp7jU...r_Markets.html
  2. http://www.4shared.com/office/86LvWx...__Jones_E.html



Wisdom from mzvega:
http://www.forexfactory.com/showthre...49#post6313549

Bandung latest profile indi (non session) :
http://www.forexfactory.com/showthre...52#post5310452

updated Session indi:
http://eyesfx.web44.net/2011/10/mark...icator-update/

Indiconfig tips for GMT & session profiles
http://www.forexfactory.com/showthre...69#post5332069

  • #2
  • Jan 22, 2011 10:59am Jan 22, 2011 10:59am
Quoting frankkn
I'm curious, how many of you use Auction Market Theory or Market Profile in your trading?

Here is a recent trade from this past week. This is a 5m EU chart....
POC is supposed to show where most trading has occured during the day. As the markets become thin there's not much action and the chart simply prints more "unnecessary" 5min bars in the same range. So what I would suggest is using futures volume data for constructing your POC, at least it would be more accurate.
  • #3
  • Jan 22, 2011 11:12am Jan 22, 2011 11:12am
Quoting seagreen
POC is supposed to show where most trading has occured during the day. As the markets become thin there's not much action and the chart simply prints more "unnecessary" 5min bars in the same range. So what I would suggest is using futures volume data for constructing your POC, at least it would be more accurate.
Worked here

Edit: this is the buying climax and subsequent drop in regard to the last chart.
http://cdn.forexfactory.com/attachme...2&d=1295491395
  • #4
  • Jan 22, 2011 11:13am Jan 22, 2011 11:13am
Quoting frankkn
Worked here
And here. Also at demand as well. You can see that earlier price had bounced off of the unfair high (in blue).

http://cdn.forexfactory.com/attachme...5&d=1295568897
  • #5
  • Jan 22, 2011 11:19am Jan 22, 2011 11:19am
Quoting seagreen
POC is supposed to show where most trading has occured during the day. As the markets become thin there's not much action and the chart simply prints more "unnecessary" 5min bars in the same range. So what I would suggest is using futures volume data for constructing your POC, at least it would be more accurate.
Either that or simply defining the parameters to the high volume sessions. I've used Futures volumes for the last year for the same info and whilst its a great tool you can literally see these max vol points on a naked price chart just like how Frankkns doing in the above. But for accuracy - CME data couldn't hurt of course.
Time hides Nothing
  • #6
  • Jan 23, 2011 11:15am Jan 23, 2011 11:15am
Here is the best info on AMT that I've found so far.

http://www.cisco-futures.com/amt_theory.html
  • #7
  • Jan 23, 2011 11:26am Jan 23, 2011 11:26am
Here is another, briefer, read.

http://www.seputarforex.com/ebook/Ma...ile_Basics.pdf
  • #8
  • Edited 8:24pm Jan 23, 2011 8:11pm | Edited 8:24pm
Quoting frankkn
Here is the best info on AMT that I've found so far.

http://www.cisco-futures.com/amt_theory.html
Great stuff.

Some others:

1. James Dalton's books and website.
2. CBOT MP manual
3. Institute of Auction Market Theory (IOAMT)
4. BalanceTrader.com

An easy thing to do is google Market Profile videos there is a ton of stuff that comes up. Not all great, not all bad.
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #9
  • Jan 23, 2011 8:23pm Jan 23, 2011 8:23pm
A good place to start is at the begining.

The market is a dual auction process. It moves from balance to imbalance and back to balance again.
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #10
  • Jan 23, 2011 8:41pm Jan 23, 2011 8:41pm
Quoting HiddenGap
Great stuff.

Some others:

1. James Dalton's books and website.
2. CBOT MP manual
3. Institute of Auction Market Theory (IOAMT)
4. BalanceTrader.com

An easy thing to do is google Market Profile videos there is a ton of stuff that comes up. Not all great, not all bad.
Thank's a million. I'll be devouring these between school/work.

Just watched this
http://www.balancetrader.com/main/bt-outlook/

Awesome, awesome. I can really get down on this shit, thanks HG
  • #11
  • Jan 23, 2011 8:55pm Jan 23, 2011 8:55pm
Quoting frankkn
Thank's a million. I'll be devouring these between school/work.

Just watched this
http://www.balancetrader.com/main/bt-outlook/

Awesome, awesome. I can really get down on this shit, thanks HG
Spent all weekend going thru the videos on balancetrader. Love is work. I have to get Ninja Trader and Fin algo now.
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #12
  • Jan 23, 2011 9:12pm Jan 23, 2011 9:12pm
I don't have any way of getting VAH or VAL but here are some eyeballed levels.
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  • #13
  • Jan 23, 2011 9:35pm Jan 23, 2011 9:35pm
Here are the levels I am watching.

They are not based on Value Area Highs and Lows or POCs. These are the "clusters" or areas where the market was balanced.
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Without VSA, you're playing checkers while the Smart Money plays chess.
  • #14
  • Jan 23, 2011 9:50pm Jan 23, 2011 9:50pm
These were not taken but are based on the Balance Area concept.

The first thing is that we want to trade with trend. We know the trend is up because we broke out of a balance area to the upside and have not traversed back through it.

On my previous post, the blue area is the area in question. The black lines represent friday's balance area so ignore for this post. Because the up auction continues, we would only be looking to get long. I'll leave the VSA for the VSA thread, but you can see some places to enter long in the support area (Balance Area).
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Without VSA, you're playing checkers while the Smart Money plays chess.
  • #15
  • Jan 24, 2011 5:23pm Jan 24, 2011 5:23pm
On Mondays I'm too busy to trade because of school/work. Tomorrow I'll be looking for longs in these areas if I can find a good entry.
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  • #16
  • Jan 24, 2011 6:01pm Jan 24, 2011 6:01pm
First is a monthly chart of /es showing supply and second is a 30m showing a gap down, but price wasn't able to break this balance area.
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  • #17
  • Jan 25, 2011 5:11am Jan 25, 2011 5:11am
Subscribed

Keep it coming buddy.
  • #18
  • Jan 25, 2011 8:57am Jan 25, 2011 8:57am
Quoting alexm
Subscribed

Keep it coming buddy.
The first chart shows (EU) price arriving at my closest balance area. Next is 15m buying then a High volume shake out that was revisited before price moved. The third chart is a 5m showing the bar I entered on. I'm moving my stop to BE at +25 and my TP is at +50 just below 1.3650.
Attached Image(s) (click to enlarge)
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  • #19
  • Jan 25, 2011 9:25am Jan 25, 2011 9:25am
Quoting frankkn
The first chart shows (EU) price arriving at my closest balance area. Next is 15m buying then a High volume shake out that was revisited before price moved. The third chart is a 5m showing the bar I entered on. I'm moving my stop to BE at +25 and my TP is at +50 just below 1.3650.
Price came back down to one pip above my stop before reversing to my TP.
Attached Image (click to enlarge)
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  • #20
  • Jan 25, 2011 7:21pm Jan 25, 2011 7:21pm
Have a look at this link. May be we can discuss it further here.

http://www.cmegroup.com/education/fi...11-Edition.pdf
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