Ok I got a chart with the Time on top right. Is it the same as u?
My TOS curently bar is 12.00
Attached Image (click to enlarge)
Auction Market Theory and Market Profile
hi guys,
yesterdays euro trades worked well, cable didn't get to either levels so none taken. Could clearly see balancing occurring & so either distribution or accumulation phase happening. With the short term trend up & now looking at the charts this morning we have an attempt at a break moving higher.
Here are todays charts with my areas of interest acting as possible support:
yesterdays euro trades worked well, cable didn't get to either levels so none taken. Could clearly see balancing occurring & so either distribution or accumulation phase happening. With the short term trend up & now looking at the charts this morning we have an attempt at a break moving higher.
Here are todays charts with my areas of interest acting as possible support:
- #1,764
- Edited 12:21pm Apr 8, 2011 2:30am | Edited 12:21pm
[...]
The only reason I stayed was because the value of the lecture was undeniable....
yes, I think there exist a lot of sizeable differences in corporate governance and economic life in general between the U.S. and Germany. Often to the latter's workers advantage.
But, those privileges have eroded to a degree, and they come with their drawbacks, meaning, people tend to cling to a mindset from yesteryear. For example, a lot of Germans would regard what we are discussing in this thread as outright evil (or at least somewhat dingy), and the state media (pretty influential) does its best to vilify everything that has to do with finance, or even markets, in a harebrained manner.
I bet, there are plenty of anecdotes you could tell us about the States, favourable and unfavourable. So can I about my country.
...
I guess, in the end one should not be taken aback by what others think or say.
Gruß
Wolfgang
- #1,766
- Apr 8, 2011 8:16am Apr 8, 2011 8:16am
- | Joined May 2010 | Status: Day by Day | 1,004 Posts
Change is the only constant
- #1,767
- Apr 8, 2011 8:56am Apr 8, 2011 8:56am
- Joined May 2009 | Status: Trader | 1,879 Posts
Mzvega..
the quarter profile is still under development...., the chart i posted is yearly profile...
for calculating Q I use this :
http://www.investopedia.com/terms/q/quarter.asp
I guess it easier than using week.., any though ?
Bandung, I look forward to anything you may Bless us with!
I personally(imo) prefer the 13wk. My reasoning be the reference of "public companies". For stocks and any other publicly owned instrument that has to report earnings. Must of those companies have their own dates. None of them have a set date. I prefer, 13wk. That never changes. There is always 52 weeks in a year & 13wks in a quarter no matter how you slice and dice it. Monthly, data however, is and always will be somewhat skewed. Not every month has 30 days, or 31 days and leap year. No matter what you do you will never have exactly 3 months of data, or 90 days in a quarter. It with always be skewed. The 13 wk sample size remains consistant. The monthly, reports of "public companies" are often refered to as "window dressing". No exact numbers, but they use those monthlys as a gauge. And this is all my personal opinion. Its just something to consider.
Markets are not efficient, rather they are effective - Jones
- #1,768
- Apr 8, 2011 9:01am Apr 8, 2011 9:01am
- Joined May 2009 | Status: Trader | 1,879 Posts
Markets are not efficient, rather they are effective - Jones
- #1,769
- Apr 8, 2011 9:16am Apr 8, 2011 9:16am
- Joined May 2009 | Status: Trader | 1,879 Posts
In mind over markets, it talk about the "peanut butter extravaganza" sales theory, last night is good example that can fit into it. since asia session price keep on auction down seeking for buyer beyond DBY value low at 1.4274 (but when i check TOS 30 min chart TPO VAL is at 1.4260, is different from bandung again)
p.s. Bandung - wednesday Value area is seems like cover 60% of the total body, possible to double check the formula of calculation again?)
so when price get back to 1.4274 it fill my pending order. and after a few test in...
There are so many people looking for that holy grail system. Some people only want to know the set ups, without learning and understanding market structure. Trying to trade MP set ups, without knowing the underlying structure, makes it as useless as any other "static" indicator. To date, MP & its concepts are the most valuable tools ive learned.
Markets are not efficient, rather they are effective - Jones
I think it is really great that you are actually reading the books! I am very impressed.
- #1,771
- Apr 8, 2011 9:58am Apr 8, 2011 9:58am
- | Joined May 2010 | Status: Day by Day | 1,004 Posts
OMG!! There it is.....! I will check it out. I can not tell you how much your effort is appreciated! This is will be very useful. Thanx!
I personally find it too cluttered at the moment on my charts...thinking of alternatives...
Change is the only constant
- #1,772
- Apr 8, 2011 10:49am Apr 8, 2011 10:49am
- Joined May 2009 | Status: Trader | 1,879 Posts
I find it alittle cluttered too. I did a small adjustment, looks better, imo.
I am no coder. Woluld you like me to post it?
Id appreciate your opinion.
Markets are not efficient, rather they are effective - Jones
- #1,773
- Apr 8, 2011 11:03am Apr 8, 2011 11:03am
- Joined May 2009 | Status: Trader | 1,879 Posts
Markets are not efficient, rather they are effective - Jones
- #1,774
- Apr 8, 2011 11:29am Apr 8, 2011 11:29am
- Joined May 2009 | Status: Trader | 1,879 Posts
Is there a way to get the session averages, like your previous indi.? I found that info very useful. Great work!
I really appreciate your work. Ive been waiting for a long time to get the right tools to utilize MP concepts!
Markets are not efficient, rather they are effective - Jones
- #1,775
- Apr 8, 2011 11:42am Apr 8, 2011 11:42am
- Joined May 2009 | Status: Trader | 1,879 Posts
Try this. I got your DIB, and my levels.
Markets are not efficient, rather they are effective - Jones
- #1,776
- Apr 8, 2011 1:27pm Apr 8, 2011 1:27pm
- | Joined May 2010 | Status: Day by Day | 1,004 Posts
Change is the only constant
- #1,777
- Apr 8, 2011 1:28pm Apr 8, 2011 1:28pm
- | Joined May 2010 | Status: Day by Day | 1,004 Posts
Is there a way to get the session averages, like your previous indi.? I found that info very useful. Great work!
Change is the only constant
- #1,778
- Apr 8, 2011 1:28pm Apr 8, 2011 1:28pm
- | Joined May 2010 | Status: Day by Day | 1,004 Posts
Ive left somthing out sorry about that! wont post an indi again without, triple checking.
Change is the only constant
- #1,779
- Apr 8, 2011 1:31pm Apr 8, 2011 1:31pm
- Joined May 2009 | Status: Trader | 1,879 Posts
Markets are not efficient, rather they are effective - Jones
- #1,780
- Apr 8, 2011 1:42pm Apr 8, 2011 1:42pm
- Joined May 2009 | Status: Trader | 1,879 Posts
Markets are not efficient, rather they are effective - Jones