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Auction Market Theory and Market Profile

  • #3,201
  • Edited 12:28am Aug 26, 2011 12:14am | Edited 12:28am
Quoting Evak
I actually prefer the 2nd one....& it have coffee stains with it now
me too...although I am in favor of PS and CBOT....
The Market pays you to be disciplined
  • #3,202
  • Aug 26, 2011 3:14am Aug 26, 2011 3:14am
Quoting Evak
I have included a template customize for with color scheme easy on the eye . Also the modified indi that includes 1.5x,2x & 3x IB bars. Credit goes to mzvega for this mod. tks. Of coz not forgetting bandung
Thank you kind sir, you are an officer and a gentleman.
Is this indicator coded to use a specific font?--based on how it looks when I load it up and how it looks in your picture, I think I may be missing the font.

Also, I thought I had seen the Session TPO indicator posted by you with the IB RE numbers also...I think I've seen 2 versions:

http://screencast.com/t/xZBHotZDy6r
http://screencast.com/t/8wGl1g8Kh

There also seems to be a dashboard of sorts that calculates the average IB size per session, etc. Are these additional indicators?

Thank you,
Neo
Sentiment: Short on cash. Long on hope.
  • #3,203
  • Aug 26, 2011 3:37am Aug 26, 2011 3:37am
P.S. Should the "DailyProfileDataTF" be set to H1 or M30? http://screencast.com/t/D9MZktRV

Thanks,
NeoRio
Sentiment: Short on cash. Long on hope.
  • #3,204
  • Aug 26, 2011 3:49am Aug 26, 2011 3:49am
Quoting NeoRio
P.S. Should the "DailyProfileDataTF" be set to H1 or M30? http://screencast.com/t/D9MZktRV

Thanks,
NeoRio
I suggest M30

KG
  • #3,205
  • Aug 26, 2011 4:41am Aug 26, 2011 4:41am
Quoting NeoRio
Thank you kind sir, you are an officer and a gentleman.
Is this indicator coded to use a specific font?--based on how it looks when I load it up and how it looks in your picture, I think I may be missing the font.

Also, I thought I had seen the Session TPO indicator posted by you with the IB RE numbers also...I think I've seen 2 versions:

http://screencast.com/t/xZBHotZDy6r
http://screencast.com/t/8wGl1g8Kh

There also seems to be a dashboard of sorts that calculates the average IB size per session, etc. Are these additional...
Font is set to Arial. U can check it in the code if u wish. I m not sure if it does affect the display for various PC settings but i suppose Arial is pretty common...

with regards to session IB, with it for my broker, IBFX seems ok i will try to check again & update later..

FYI with regards to the IN dashboard.
http://www.forexfactory.com/showthre...57#post4608757
  • #3,206
  • Aug 26, 2011 4:45am Aug 26, 2011 4:45am
Quoting Evak
Font is set to Arial. U can check it in the code if u wish. I m not sure if it does affect the display for various PC settings but i suppose Arial is pretty common...

with regards to session IB, with it for my broker, IBFX seems ok i will try to check again & update later..

FYI with regards to the IN dashboard.
http://www.forexfactory.com/showthre...57#post4608757

Kave, miss your GBPUSD analysis :-D would you mind ?

KG
  • #3,207
  • Edited 6:50am Aug 26, 2011 4:52am | Edited 6:50am
EU have been mostly ranging between 4450 & 4350 but look at this chart..

1: I mark the excess with which OTF involvement took place. There after, price have been trading marginally above it.
2: Notice the previous spike base & the on the right...they are almost at the same level & both was tested. The spike base shielding the move down to OTF area so far.
3: And just before today's eagerly awaited news from Ben Bernanke, we have a sudden suggest of volume back into the spike base where all the limit orders suck in any late sellers into excess area just below 4350. Anyone who familiar with VSA should know this as a precursor b4 news even one day b4. This could be no mere coincidence..

Now price have just pause as it hit the upper range of 4450...ready of take off after a pullback perhaps..

Just me pondering people.............

Oh Alex hang on brother

http://img695.imageshack.us/img695/6...8aug261928.gif
  • #3,208
  • Aug 26, 2011 6:40am Aug 26, 2011 6:40am
Quoting Kang_Gun
Kave, miss your GBPUSD analysis :-D would you mind ?

KG
sry KG did not really spent alot of time on GU using MP to be honest. I have it on my Wyckoff though if u are interested..

I been shot GU since the ST (secondary test) & my target is is back down to the previous PS level. (Prelim supply) 6175
http://img84.imageshack.us/img84/844...2aug262130.gif

Uploaded with ImageShack.us

Shorterm MP wise there we have a potential rotational play back up to control price here. The triangle in my session chart right approximate a completed bell & also session inventory is short for UK, so expected a potential adjust..back up to at least 6300. Daily low hit 2xIB b4 it reverse..note also the 1.5xIB high which is fails to extend further...

http://img9.imageshack.us/img9/8353/...1aug262121.gif

Uploaded with ImageShack.us
  • #3,209
  • Aug 26, 2011 6:45am Aug 26, 2011 6:45am
Kave, i know what to anticipate, in the long term perspective i guess the profile might break upward, cause we see every spike down come with buyer pick up all d discount price.
  • #3,210
  • Aug 26, 2011 6:45am Aug 26, 2011 6:45am
  •  s7c
  • | Joined Mar 2011 | Status: try and fail but don't fail to try | 289 Posts
Last 2 days ny session opened below value area from London and tested in first hour value area low and then droped like a rock...I will pay attention at this. Would have been nice if I would have been kept my trade from yesterday open, but at this point I'm more oriented to don't let a wienner turn into a loser...but I need to work on that.
Forgot to say I'm talking about GU...
  • #3,211
  • Edited 7:21am Aug 26, 2011 6:55am | Edited 7:21am
Just a quick one as now we are in a hot zone...

manage to pick up w/o getting fried here right on the GDP news opening price...just below 4400, My reference is actually previous UK low in anticipating a pullback low to this early session rally. So this low will have to hold...

I have my target to 4450 for my 1st exposure, remaining to whereever it may go... initial risk was a fix 15pips for this entry...

update: fear sets in i was out when i see that uptrhust on 5mins....now to see the reaction as it back down to daily VAL...or 4350
http://img163.imageshack.us/img163/6...4aug262148.gif

Uploaded with ImageShack.us
  • #3,212
  • Aug 26, 2011 7:07am Aug 26, 2011 7:07am
Quoting Evak
sry KG did not really spent alot of time on GU using MP to be honest. I have it on my Wyckoff though if u are interested..

I been shot GU since the ST (secondary test) & my target is is back down to the previous PS level. (Prelim supply) 6175
http://img84.imageshack.us/img84/844...2aug262130.gif

Uploaded with ImageShack.us

Shorterm MP wise there we have a potential rotational play back up to control price...
thanks brother.. always love your perspective..

KG
  • #3,213
  • Aug 26, 2011 7:33am Aug 26, 2011 7:33am
Quoting Evak
Just a quick one as now we are in a hot zone...

manage to pick up w/o getting fried here right on the GDP news opening price...just below 4400, My reference is actually previous UK low in anticipating a pullback low to this early session rally. So this low will have to hold...

I have my target to 4450 for my 1st exposure, remaining to whereever it may go... initial risk was a fix 15pips for this entry...

update: fear sets in i was out when i see that uptrhust on 5mins....now to see the reaction as it back down to daily VAL...or...
U nail every session reversal like eating a piece of cake, w/o Fear!

Bravo mate!
  • #3,214
  • Aug 26, 2011 7:36am Aug 26, 2011 7:36am
I hope some of y'all are nabbing some pips from this whirlwind price action!
  • #3,215
  • Aug 26, 2011 8:08am Aug 26, 2011 8:08am
Quoting alexm
U nail every session reversal like eating a piece of cake, w/o Fear!

Bravo mate!
haha, actually using MP have help to alleviate alot of my fear..
  • #3,216
  • Aug 26, 2011 8:42am Aug 26, 2011 8:42am
I always keep an eye on ES as a useful leading indicator at times (like today) & helps to reduce any 2nd guess when i trade or analyze.

Interesting session chart showing the overnight session minus development that could have provide the precursor for NY..

http://img194.imageshack.us/img194/1...8aug262339.gif

Uploaded with ImageShack.us
  • #3,217
  • Aug 26, 2011 8:50am Aug 26, 2011 8:50am
Right off the spike base again...or 4327 to be exact..

I manage to grab a long as i was anticipating this unfair low after exceeding 3xib, personally i doubt that it would be an excess again, against yesterdays low since that low was an excess by itself...

Initial risk to trade was 15pips...after that 5 mins pullback on increase volume. Target to 4400 & 4500 or higher...

http://img641.imageshack.us/img641/5...1aug262352.gif

Uploaded with ImageShack.us
  • #3,218
  • Aug 26, 2011 8:52am Aug 26, 2011 8:52am
just lovely how you take those spikes

Quoting Evak
Right off the spike base again...or 4327 to be exact..

I manage to grab a long as i was anticipating this unfair low after exceeding 3xib, personally i doubt that it would be an excess again, against yesterdays low since that low was an excess by itself...

Initial risk to trade was 15pips...after that 5 mins pullback on increase volume. Target to 4400 & 4500 or higher...
  • #3,219
  • Aug 26, 2011 9:07am Aug 26, 2011 9:07am
Quoting Oxford
just lovely how you take those spikes
So...lesson learn this week. Don't Ignore the spike base in the background...

http://img202.imageshack.us/img202/1...5aug270005.gif

Uploaded with ImageShack.us
  • #3,220
  • Aug 26, 2011 4:15pm Aug 26, 2011 4:15pm
Quoting Evak
with regards to session IB, with it for my broker, IBFX seems ok i will try to check again & update later..
Thank you. I think the Session IB extension with a single vertical line that has different colors will be easier on the charts than this horizontal lines one: http://screencast.com/t/El5jGJRAmx

Quoting Evak
FYI with regards to the IN dashboard.
http://www.forexfactory.com/showthre...57#post4608757
Thank you, seems the dashboard is great to have on the Sessions TPO chart. Do you know if there is a dashboard that does the same calculation for the Daily TPO?--instead of calculating each of the 3 sessions, it gives the averages for only the full day's TPO?

Kind Regards,
NeoRio
Sentiment: Short on cash. Long on hope.
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