Auction Market Theory and Market Profile | Page 38 | 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

  • #741
  • Mar 3, 2011 7:04am Mar 3, 2011 7:04am
No problems here,have you checked your log files in Indicators and Experts in the system files ? these can jam your platform if you are running to many indicators.Delete them all but the last one.Also check your options tab and look at charts - reduce the number to 1000 in each box.Indicators only nees 700 to 800 to function

As a point of reference Build 299 in MT 4 had some bugs,you need to update to Build 388.

hifx
  • #742
  • Mar 3, 2011 7:05am Mar 3, 2011 7:05am
Quoting NaughtyPip
Has anyone experienced any problems with badungs latest indi? It was working perfectly for a while and then mt4 wouldnt load anymore. So i removed the indicator from its folder and tried loading it again and mt4 loaded up. So i cant load mt4 with badungs indicator.......
no problem here so far
Change is the only constant
  • #743
  • Mar 3, 2011 7:41am Mar 3, 2011 7:41am
I was just about to post how i didn't think there would be much movement today, due to to NFP tomorrow...then bam, EU explodes up!

Now at the September POC at around 3930, which is also yesterday's DIBH from NY session. let's see what happens here. EU still looking quite strong, but obviously now's not the time to enter in long...and besides my plan for today and tomorrow is to watch on the sidelines due to NFP.

I would like to see a backtest of this week's VAH @ 3870 to get back in long.
Change is the only constant
  • #744
  • Mar 3, 2011 9:30am Mar 3, 2011 9:30am
Quoting tgwhbb
I was just about to post how i didn't think there would be much movement today, due to to NFP tomorrow...then bam, EU explodes up!

Now at the September POC at around 3930, which is also yesterday's DIBH from NY session. let's see what happens here. EU still looking quite strong, but obviously now's not the time to enter in long...and besides my plan for today and tomorrow is to watch on the sidelines due to NFP.

I would like to see a backtest of this week's VAH @ 3870 to get back in long.

You can blame Jean Claude T......2:30 pm GMT ECB Press Conference http://www.forexfactory.com/images/icons/icon12.gif
Trading Levels with WRBs
  • #745
  • Mar 3, 2011 3:54pm Mar 3, 2011 3:54pm
Quoting tgwhbb
...if that webinar is recorded and freely available could you post it?
The webinar was a very basic, dealing with some market profile terms. It was presented by eminitradingschool.com. You can find it on the traderkingdom.com website. Look under experts for Giles K.

The recording there is older, but yesterday was the same presentation.
Without VSA, you're playing checkers while the Smart Money plays chess.
  • #746
  • Mar 3, 2011 6:21pm Mar 3, 2011 6:21pm
Price already in Normal Distribution area (-1 to +1 BB 24 hours)
Price Above today (last 24 hrs) POC (1.6276)
Entry BUY at POC, Target yesterday POC (1.6326)
Stop Loss or Cut Loss if price play below London Close (1.6266)

KG
Attached Image (click to enlarge)
Click to Enlarge Name: _gu_mp_05.jpg Size: 107 KB
  • #747
  • Mar 3, 2011 7:04pm Mar 3, 2011 7:04pm
Quoting HiddenGap
The webinar was a very basic, dealing with some market profile terms. It was presented by eminitradingschool.com. You can find it on the traderkingdom.com website. Look under experts for Giles K.

The recording there is older, but yesterday was the same presentation.
Seen a few of the videos on traderkingdom, good stuff if i remember...i watched so many videos on AMT i don't remember where they came from
Change is the only constant
  • #748
  • Mar 3, 2011 10:13pm Mar 3, 2011 10:13pm
Here is a highly speculative long at 1.3880. I'm using a pending order because I won't be around to watch for any VSA entries.

The first chart is a weekly volume profile , my entry would be around the week's VAH. The next chart is a daily profile, my order is around yesterday's value area high and today's value area low, as well as some resistance.

The third chart shows a recently broken 4h supply level marked in blue that corresponds with this level as well.

Just wanted to post this chart with my thoughts so we can learn.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: m3a.jpg Size: 84 KB
Click to Enlarge Name: m3b.jpg Size: 73 KB
Click to Enlarge Name: m3c.jpg Size: 86 KB
  • #749
  • Mar 4, 2011 12:06am Mar 4, 2011 12:06am
Quoting kave
GU have since been trading down to unfair low at at VAL & back up to unfair high today at DVAH. now at wholesale, a rotational short down to 6250 high volume distribution area is the only probability after seeing weak demand for now. Looks like is re balancing again?

Attachment
NFP day. Let's see what one possible GU scenario.

GU rebalance back to wkly DPOC but there was a test of previous prelim supply (a bit of wyckoff here, FYI). The reaction there @ 6310 was with very high volume. Weakness have sets in now as it seems.

So potential retest of 6310 (level X) that could trigger a drop
Daily VPO:
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_01 Mar. 04 13.55.gif Size: 31 KB


Similar scenario on weekly VPO but with the retest on DVAH instead...
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_02 Mar. 04 14.00.gif Size: 22 KB
  • #750
  • Mar 4, 2011 5:36am Mar 4, 2011 5:36am
Kang Gun,

I notice the Indicator that you have on your chart showing + & - devation
is this the same as Imbalance low and high and i assume that the green line is VWAP ?

hifx
  • #751
  • Edited 6:25am Mar 4, 2011 6:13am | Edited 6:25am
Quoting HIFX
Kang Gun,

I notice the Indicator that you have on your chart showing + & - devation
is this the same as Imbalance low and high and i assume that the green line is VWAP ?

HIFX,

The green line is showing London Close price and +/- % taken from London close price. Example, +1% means: ((1% x London Close Price) + London close price). Big Bank/Company commonly use how far price is moving in % from the price that they use as a base. And London Close price commonly use as a base price.

KG

Source: http://en.wikipedia.org/wiki/Foreign_exchange_market
  • #752
  • Mar 4, 2011 7:03am Mar 4, 2011 7:03am
Quoting frankkn
Here is a highly speculative long at 1.3880. I'm using a pending order because I won't be around to watch for any VSA entries.
Hi frank,

I was originally targeting 3870 as a buy limit, but i've reconsidered and am targeting 3895 now. It's only 15 pips above your target (which i think is quite valide based on AMT), but 3880 means the hidden gap created by the push up yesterday would get filled, which i don't think should happen because that would allow weak shorts down there to get covered, not an economical move by SM IMO.
Change is the only constant
  • #753
  • Mar 4, 2011 7:06am Mar 4, 2011 7:06am
Quoting tgwhbb
Hi frank,

I was originally targeting 3870 as a buy limit, but i've reconsidered and am targeting 3895 now. It's only 15 pips above your target (which i think is quite valide based on AMT), but 3880 means the hidden gap created by the push up yesterday would get filled, which i don't think should happen because that would allow weak shorts down there to get covered, not an economical move by SM IMO.
Well It might go to 1.3832 or so...
The Market pays you to be disciplined
  • #754
  • Mar 4, 2011 8:03am Mar 4, 2011 8:03am
Quoting kave
NFP day. Let's see what one possible GU scenario.

GU rebalance back to wkly DPOC but there was a test of previous prelim supply (a bit of wyckoff here, FYI). The reaction there @ 6310 was with very high volume. Weakness have sets in now as it seems.

So potential retest of 6310 (level X) that could trigger a drop
Daily VPO:
Attachment

Similar scenario on weekly VPO but with the retest on DVAH instead...
Attachment
Just came back after setting my sell limit@6310 but miss it by 5 pips. Should have set it to round-off to 6300 as i usually do since 6310 is close to it....I may try to enter if there is a opportunity if a successful ND test can be seen on key levels of 6250 (quarter level) using 15 or 30mins.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_06 Mar. 04 22.00.gif Size: 19 KB
  • #755
  • Mar 4, 2011 9:02am Mar 4, 2011 9:02am
i know i said yesterday i wasn't trading till next week, but I have a bit of free time today so couldn't resist.

I had a buy limit at 3940 (in addition to the 3895 i had mentioned in my previous post). Reason for the 3940 pending order was that is the secondary POC from yesterday's up move, plus it was the DIBL for asia and london today. on my broker the bid came down to 39403, so taking the spread into account the fill missed by 2.2 pips...

Added confidence came from the fairly low vol UT for the NFP bar. That looked more like a probe of 1.40 but not much supply was found there.

i took a long at 3980 on the bounce off today's VAH, which is also yesterday's high and DIBH for NY. 1st target is 4060 - NY DIBH.
Attached Image (click to enlarge)
Click to Enlarge Name: EU M15 2011-03-04 at 9.54.12 AM.png Size: 83 KB
Change is the only constant
  • #756
  • Mar 4, 2011 9:19am Mar 4, 2011 9:19am
Quoting tgwhbb
i took a long at 3980 on the bounce off today's VAH, which is also yesterday's high and DIBH for NY. 1st target is 4060 - NY DIBH.
SL to 3981 (BE+1), TP 4060. almost got stopped out there (price down to 39816 on my feed). won't be in front of charts for the rest of the day. Have a good weekend everyone!

EDIT: stopped out...wasn't meant to be for today. still grew acct by 4% this week, can't complain.
Change is the only constant
  • #757
  • Mar 4, 2011 12:42pm Mar 4, 2011 12:42pm
Just got home from work and checking out the scene.

I really like the pace of the 12 hour chart. The profile is set to monthly here and it paints a very simple picture. We bust out of resistance, test it, and move off. Check out the glorious 2 bar reversal followed by a NS that desribes 3/1-3/3
Attached Image (click to enlarge)
Click to Enlarge Name: m4a.jpg Size: 134 KB
  • #758
  • Mar 4, 2011 12:48pm Mar 4, 2011 12:48pm
Quoting frankkn
Just got home from work and checking out the scene.

I really like the pace of the 12 hour chart. The profile is set to monthly here and it paints a very simple picture. We bust out of resistance, test it, and move off. Check out the glorious 2 bar reversal followed by a NS that desribes 3/1-3/3
How did you get H4 to show H12? When I use the polomine indi my H4 shows H8?
Today's zone = Tomorrow's opportunity!
  • #759
  • Mar 4, 2011 12:50pm Mar 4, 2011 12:50pm
Quoting pres78
How did you get H4 to show H12? When I use the polomine indi my H4 shows H8?
Nevermind... change the number of bars bundles... Duh!
Today's zone = Tomorrow's opportunity!
  • #760
  • Mar 5, 2011 10:10pm Mar 5, 2011 10:10pm
can someone post monthly and weekly profiles for NOK (Nokia) please.

This past week looks like a NS test of last july's low/reversal with the lowest volume in last 7 weeks, plus decreasing volume in the last 4 weeks.

Thx!
Change is the only constant
18 traders viewing now