Auction Market Theory and Market Profile | Page 99 | 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

  • #1,961
  • Edited 10:51am Apr 18, 2011 10:37am | Edited 10:51am
Quoting Oxford
Sir Vega, where do you plan to take out your ~1.4480 short?

Best,
Ox
It's Miss Vega
This is looking like a good area take most profit off the table its looking exhasted for the session imo. Or at least for a retrace. Id like to hold alittle something because my longerterm bias is bearish.

Edit:
I didnt see you to refer to the 1.4480 short, Im going to see if will hold to the previous months vah @1.41 area. But I dont trade large size for profit sake I may need to close to take advantage of counter trend activity. Im looking to open another account, one for my "longs" and on for my "shorts". But in a perfect world @1.41 area
Markets are not efficient, rather they are effective - Jones
  • #1,962
  • Apr 18, 2011 10:57am Apr 18, 2011 10:57am
Many thanks for your reply!

Based on what you know about the markets, you must be a very beautiful lady!

Quoting mzvega
It's Miss Vega
This is looking like a good area take most profit off the table its looking exhasted for the session imo. Or at least for a retrace. Id like to hold alittle something because my longerterm bias is bearish.

Edit:
I didnt see you to refer to the 1.4480 short, Im going to see if will hold to the previous months vah @1.41 area. But I dont trade large size for profit sake I may need to close to take advantage of counter trend activity. Im looking to open another account, one for my "longs" and on for my "shorts". But in a perfect...
  • #1,963
  • Edited 11:14am Apr 18, 2011 11:08am | Edited 11:14am
Quoting Oxford
Many thanks for your reply!

Based on what you know about the markets, you must be a very beautiful lady!
Thank you!

In the below chart the dodger blue line is the previous week before wibh (the week of the break to the upside). On the chart is also lvn (area no one wanted to do business at) We fell below that "initial" interest. Im thinking thats an important reference area, the ability of price to hold above or below very informative imo. If we are below an "initial" interest area and no one is interested in doing business above last weeks interest, I take that to be bearish. I am often wrong too.
Attached Image (click to enlarge)
Click to Enlarge Name: bias.jpg Size: 352 KB
Markets are not efficient, rather they are effective - Jones
  • #1,964
  • Edited 5:50pm Apr 18, 2011 11:48am | Edited 5:50pm
Quoting s7c
i follow this thread quietly from some time now and i decided to show my presence...at this point i will start with a question what's a better option volume profile or market profile?
thank's, sorin.
I personally think its a matter of prefference and the market your trading. I use the tpo's for no other reason other than its aesthetically pleasing to my eye (I see the definition better and Im limited to the tools I can find) its the methodology and the market structure thats more important to me than the tools. If you understand the methodology, any crappy tool will work imo.

Edit: Also all I have learned is from reading books & videos that all had the tpo's, and from a memory recall perspective, I reconize patterns, and can pull a picture "reference" from my memory easier & quicker, I reconize the patterns as "familiar" sooner.
Markets are not efficient, rather they are effective - Jones
  • #1,965
  • Apr 18, 2011 11:56am Apr 18, 2011 11:56am
Quoting mzvega
Thank you!

In the below chart the dodger blue line is the previous week before wibh (the week of the break to the upside). On the chart is also lvn (area no one wanted to do business at) We fell below that "initial" interest. Im thinking thats an important reference area, the ability of price to hold above or below very informative imo. If we are below an "initial" interest area and no one is interested in doing business above last weeks interest, I take that to be bearish. I am often wrong too.
Just a couple of thoughts as right now I'm occupied with other things.....€ sold off early on the negative news after this weekend's IMF meetings - PIGS stuff, nothing actually new......then the new news was the S&P and later Moodys negative comments on the US debt situation and the lack of any plan - so far - to start either curtailing its growth or actually - shock horror - reducing it.

So far, € has spiked down to an old daily S&R level that I have at 4154 and I'll be interested to see how the US afternoon session reacts and then Europe tomorrow morning too.......todays 262 pip range may become more normal as the market digests this news and the Big Dogs consider new positions......TWT....
Trading Levels with WRBs
  • #1,966
  • Apr 18, 2011 12:12pm Apr 18, 2011 12:12pm
Quoting Islander
Just a couple of thoughts as right now I'm occupied with other things.....€ sold off early on the negative news after this weekend's IMF meetings - PIGS stuff, nothing actually new......then the new news was the S&P and later Moodys negative comments on the US debt situation and the lack of any plan - so far - to start either curtailing its growth or actually - shock horror - reducing it.

So far, € has spiked down to an old daily S&R level that I have at 4154 and I'll be interested to see how the US afternoon session reacts and then Europe tomorrow...
I apoligize for my ignorance, I real cant make heads or tails of news info. I can read it over & over again, and still I dont get what it means. So this maybe a stupid question. If i am interpreting it correct can I take that as meaning we might be stuck in a range until we find balance again? I really cant take news info and apply it to a chart. It would seem logical. (I really do need to brush up on fundamentals
Markets are not efficient, rather they are effective - Jones
  • #1,967
  • Apr 18, 2011 3:00pm Apr 18, 2011 3:00pm
Quoting mzvega
I apoligize for my ignorance, I real cant make heads or tails of news info. I can read it over & over again, and still I dont get what it means. So this maybe a stupid question. If i am interpreting it correct can I take that as meaning we might be stuck in a range until we find balance again? I really cant take news info and apply it to a chart. It would seem logical. (I really do need to brush up on fundamentals

NP - managing to interpret news is IMO like casting runes - an esoteric art http://www.forexfactory.com/images/icons/icon11.gif - I was trying to suggest that the rating agencies downgrades and the ensuing uncertainty this created may well lead to increased volatility as it is assimilated and I'm yet to be convinced that € has had sufficient distribution to be ready for a down move rather that a retrace.....TWT
Trading Levels with WRBs
  • #1,968
  • Apr 18, 2011 3:08pm Apr 18, 2011 3:08pm
Hi,
Did anyone see this video course http://jamesdaltontrading.com/about-...of-vision.php? Your feedback is appreciated.

Thanks a lot.
Ox
  • #1,969
  • Apr 18, 2011 5:11pm Apr 18, 2011 5:11pm
Quoting Islander
NP - managing to interpret news is IMO like casting runes - an esoteric art http://www.forexfactory.com/images/icons/icon11.gif - I was trying to suggest that the rating agencies downgrades and the ensuing uncertainty this created may well lead to increased volatility as it is assimilated and I'm yet to be convinced that € has had sufficient distribution to be ready for a down move rather that a retrace.....TWT
Thank you for the explaination!
Markets are not efficient, rather they are effective - Jones
  • #1,970
  • Apr 18, 2011 6:14pm Apr 18, 2011 6:14pm
Quoting alexm
Price shoot down now, let see the value drag down with it or remain the same.
Good entry! Not for the faint hearted
Markets are not efficient, rather they are effective - Jones
  • #1,971
  • Apr 18, 2011 8:33pm Apr 18, 2011 8:33pm
Hello traders,

I'll have some time to trade NY tomorrow (while doing school work lol)

Here's my long-term view.

We're still one one time framing on the monthly profile (this is a 4h EU chart with monthly TPO)

Price hasn't quite made it to last months VAH, but came close (roughly 50 pips) Regardless price is at bargain prices ATM, time to watch volume and price closely.
Attached Image (click to enlarge)
Click to Enlarge Name: a18a.jpg Size: 58 KB
  • #1,972
  • Apr 18, 2011 10:40pm Apr 18, 2011 10:40pm
Quoting bandung
B,

please try this way...

http://www.youtube.com/watch?v=bk7B2xt_QQU

Hello bandung,

I am new to this whole thing Market Profit. I have attached the indicators as seen in the video.

Do you have any word or pdf file. How to read the Chart. I cant understand anything from the chart.

Thanks In Advance.
  • #1,973
  • Apr 18, 2011 11:13pm Apr 18, 2011 11:13pm
Quoting manojcosmo
Hello bandung,

I am new to this whole thing Market Profit. I have attached the indicators as seen in the video.

Do you have any word or pdf file. How to read the Chart. I cant understand anything from the chart.

Thanks In Advance.
I would suggest googling:

"Mind Over Markets"
"A Six Part Study Guide to Using Market Profile"
"Steidlmeyer On Markets"
"Markets in Profile"
"Value Based Power Trading"

All GREAT reads for Market Profile. Read "Mind Over Markets" first though. It's the stepping stone to Auction Market Theory and Market Profiling.
  • #1,974
  • Apr 19, 2011 12:20am Apr 19, 2011 12:20am
Quoting Bilstein
I would suggest googling:

"Mind Over Markets"
"A Six Part Study Guide to Using Market Profile"
"Steidlmeyer On Markets"
"Markets in Profile"
"Value Based Power Trading"

All GREAT reads for Market Profile. Read "Mind Over Markets" first though. It's the stepping stone to Auction Market Theory and Market Profiling.
Thanks Bilstein.
  • #1,975
  • Apr 19, 2011 2:24am Apr 19, 2011 2:24am
Will we get a retrace into yesterday's profile and its VPOC at 4373.......TWT, and it may be a bumpy ride http://www.forexfactory.com/images/icons/icon11.gif
Attached Image (click to enlarge)
Click to Enlarge Name: apr 19 eu 30m lo.gif Size: 44 KB
Trading Levels with WRBs
  • #1,976
  • Apr 19, 2011 4:23am Apr 19, 2011 4:23am
Quoting alexm
Price shoot down now, let see the value drag down with it or remain the same.
Still holding my long entry from 4175 extravaganza discount sales. Targeting TOS chart VAH 4387.

Looks like weekly IB will fix within monday range. That could be our play ground for the week.
  • #1,977
  • Edited 7:41am Apr 19, 2011 5:43am | Edited 7:41am
Quoting frankkn

Last video I promise

Does anyone other than Alexm listen to music?
Yup, those three just featured on my box ...

Inserted Video


Inserted Video


Inserted Video


I like your musical tastes, always appreciated.


Gruß
  • #1,978
  • Apr 19, 2011 6:57am Apr 19, 2011 6:57am
Quoting alexm
Still holding my long entry from 4175 extravaganza discount sales. Targeting TOS chart VAH 4387.

Looks like weekly IB will fix within monday range. That could be our play ground for the week.
you're an innovator man...
i'm just an early adaptor i guess... long @1.4236

it according to JD's DIFFUSION MODEL :
1. innovators
2. early adopters
3. early majority
4. late majority
5. laggards
...
  • #1,979
  • Apr 19, 2011 7:08am Apr 19, 2011 7:08am
Quoting alexm
Still holding my long entry from 4175 extravaganza discount sales. Targeting TOS chart VAH 4387.

Looks like weekly IB will fix within monday range. That could be our play ground for the week.
you're an innovator man...
i'm just an early adaptor/majority i guess... long @1.4236

according to JD's DIFFUSION MODEL :
1. innovators
2. early adopters
3. early majority
4. late majority
5. laggards

upps.. my post became 2 posts when i edited..
...
  • #1,980
  • Apr 19, 2011 7:23am Apr 19, 2011 7:23am
guys..

there is a bug, some VA's profile is not correctly calculated.

check EU Mon VA, it should be like image below..

replace the ay.mplib100.mq4 in folder libraries with this new one..
Attached Image (click to enlarge)
Click to Enlarge Name: eu-mon-profile.png Size: 42 KB
Attached File(s)
File Type: mq4 ay-mplib100.mq4   9 KB | 897 downloads
...
29 traders viewing now