- Search Energy EXCH
- mzvega replied Nov 6, 2014
I missed trading this one........
Auction Market Value Theory & Analytics
- mzvega replied Nov 5, 2014
Today is a perfect "Text book" example in a break from longer term balance
Auction Market Value Theory & Analytics
- mzvega replied Nov 5, 2014
Auction Market Knowledge: The Longer Timeframe Let's start by reviewing two important facts: markets are not correlated on a day-to-day basis and markets are in a continual cycle. The lack of correlation precludes finding market condition from ...
Auction Market Value Theory & Analytics
- mzvega replied Nov 5, 2014
K) Exchange Member's Functions: So far we have equated market knowledge to an understanding of value based data displays. A market is also comprised of people, us and the members and/or professional traders. Four classes of members inhabit the ...
Auction Market Value Theory & Analytics
- mzvega replied Nov 4, 2014
H) Markets Display Little Day-to-day Serial Correlation: We know from observation that even in long term trends the probability of tomorrow being higher (or lower) than today is close to fifty percent (see example in Value Based Power Trading, pg 19 ...
Auction Market Value Theory & Analytics
- mzvega replied Nov 4, 2014
Monday, October 29 (figure SC 3), is quite different from Friday. The range is wider. This day has two distributions, 6106 to 6122 and 6122 to 6143. Obviously, there was activity in the overnight market because of the gap (Swiss franc does trade ...
Auction Market Value Theory & Analytics
- mzvega replied Nov 4, 2014
Recasting the price - volume plot into a Market Profile and a half-hour bar chart adds a substantial level of information. The half-hour bars are identified by letters; y, z, A, B,..., where each letter signifies a time span. The y's are for the ...
Auction Market Value Theory & Analytics
- mzvega replied Nov 3, 2014
Auction Market Knowledge: Markets report activity in terms of price and volume. You trade in price units. But demand is driven by value. Clearly, it is necessary to convert trading units from price to value if the analysis is to proceed. Price to ...
Auction Market Value Theory & Analytics
- mzvega replied Nov 2, 2014
Auction Market Theory Auction markets have a number of identifiers (ticks, highs, lows, time of events, etc). Theory compresses the data into a small number of theoretical assumptions, converts price to value and sets rules for analyzing the market. ...
Auction Market Value Theory & Analytics
- mzvega replied Nov 2, 2014
Overlay Demand Curve Defined A year or so after Steidlmayer's book, this author (Donald Jones) developed a longer term profile by linearly combining several days of Market Profiles. The new display, an Overlay Demand Curve, tends to integrate out ...
Auction Market Value Theory & Analytics
- mzvega replied Nov 2, 2014
Comparison of Market Profile with a Candlestick Display In the Japanese Candlesticks technical method, the basic element is a cylinder with open and close as limits; with the high and low spiking above and below the open/close base. The candlestick ...
Auction Market Value Theory & Analytics
- mzvega replied Nov 2, 2014
Market Profile Defined A Market Profile is a graph of one day's trading with price on the vertical and volume on the horizontal. It is a price-volume distribution chart. J.P. Steidlmayer defined the Market Profile in 1986 (Markets and Market Logic ...
Auction Market Value Theory & Analytics
- mzvega replied Nov 2, 2014
Parts of this report appear in Stocks & Commodities Magazine June 2002 and July 2002 Auction Market Theory for the Trader A theory gives structure and pattern to the data. Introduction When you know, and know that you know, confidence replaces fear. ...
Auction Market Value Theory & Analytics
- mzvega replied Oct 28, 2014
I appreciate the kind words. My knowledge base comes from a few years of Auction Market "Analysis". However, the 40 years of Empirical studies & research I present here is the exclusive work of Donald Jones of Cisco Futures. Its taken me about 7 ...
Auction Market Value Theory & Analytics
- mzvega replied Oct 28, 2014
Meta Profile (MP) Meta profiles graphically display generally understood market characteristics . A market day displays price change from demand, rumors, aborted moves and trading strategies. Meta Profile displays the structure of the day. 1) Price ...
Auction Market Value Theory & Analytics
- mzvega replied Oct 28, 2014
Earlier it was noted that one effect of disequilibrium is that Auction Market Theory has an empirical base. It will be seen that the tenets of AMT leads one directly to the analysis. Unraveling the details inside a particular market situation draws ...
Auction Market Value Theory & Analytics
- mzvega replied Sep 30, 2014
No, I don't agree, I believe 95% fail due to the lack educating themselves to the structure each of the many different markets and the roles each that each of the different market participants play.
No good definition for Forex market
- mzvega replied Sep 30, 2014
No, some those companies, you are assuming to be “Forex Brokers” are “Dealers”. They both offer currency, but Dealers are not brokers. They are separate entites, each work according to a different set of rules & regulations. It depends if you’re ...
No good definition for Forex market