I agree, but I just added to that short. Its the same trade I did yesterday. yest I went @short same place. I added on a failure. I dont dont sugguest anyone else do this. I dont trade large lot size. lets see how bad this blows in my face

Auction Market Theory and Market Profile

DIBH it the place where I need to admit Im wrong if PA exceeds. My target, If price wasnt moving against me (exceeding the IBH), 3x 1.46295, but If it does and rejects, the 1.5 -2x to the downside would be the target, if Im counting measured moves.

Auction Market Theory and Market Profile

Im no pro but imo we closed inside previous weeks va indicating imo balance. We have tested previous weeks VAH and was rejected. I would like to think we'll test previous weeks val. Also we open above previous month vah, imo overbought, needing to ...

Auction Market Theory and Market Profile

I took that one too. Im willing to hold it to DIBH. If it exeeds the DIBH Ill consider bailing.

Auction Market Theory and Market Profile

I hope you continue to share your GU charts. Atm I only watch eu. I would like to get alittle more familiar with the pair. When I first started trading in '04 the price moves on that chart moved so fast, I got hurt pretty bad back then as a newbie, ...

Auction Market Theory and Market Profile

Great trade!

Auction Market Theory and Market Profile

I often find that just like the daily VA, the IB acts similar. I try to trust in the idea that price when it returns to va (IB) if not rejected it will go to the otherside or often almost to the pip of the IBl, if not further. If im short on a x ...

Auction Market Theory and Market Profile

Thank you, I appreciate the kind words

Auction Market Theory and Market Profile

In a perfect world DIBl . The open 1.4815 possibly, depending on pa. A test of the open is important. We also have a Mvpoc @1.4838. Kind of where price takes me. But those are levels I may consider an exit.

Auction Market Theory and Market Profile

I use 0gmt for asia, 07 gmt for London ( I use frankfurt open & close) and 12gmt for US. I believe it is the globex trading hours, which are different from stock market hours. London does a wierd BST thing. I prefer Frankfurt, they open before and ...

Auction Market Theory and Market Profile

Medici, was kind enough to recommend I read the attached .pdf. when I first started posting here. He also shared it with the orderflow thread. Is about Fx micro strcture and its different participants. It is very informative. And "Thank You!" ...

Auction Market Theory and Market Profile

I goes back to measured moves theory. If you could buy & sell only 3x's the IB, price drove 2x and stalled. Thats 2x times your power used. There is still 1x of extention of power left. Prices are increasing if you are trying to buy at discount you ...

Auction Market Theory and Market Profile

I didnt post a chart of my entries. I wanted to include a photo of 2 profiles overlayed. It helps me see the larger profile. Im just experimenting.

Auction Market Theory and Market Profile

Whats your opinion on the NY IB #'s, below avg range, on below avg vol.? as Gw mentioned, Londons not driving today.I wouldnt think there could be much validity to that move. Markets can get volatile on low vol. trading. Any thoughts? I havent had ...

Auction Market Theory and Market Profile

Great advice, good perspective!

Auction Market Theory and Market Profile

My dividing the sessions aren’t what you would call text book strategies per se. Even though it was a 3hr MP103 video that described these “measured moves”. I guess you would call it “using market generated info”. It’s just a way of gauging ...

Auction Market Theory and Market Profile

I like that statement. I heard someone describe MP as a “3-dimentional chess game”. I believe that. A lot people forget that “Price over Time = value”. The time aspect is often forgotten, or ignored. MP start times are a matter of preference. There ...

Auction Market Theory and Market Profile

I missed the Quarterly analysis, T But I went back 23 Q profiles and look at these quaterly patterns. I found it interesting. One huge quarter then other 3 small quarter, Im curious if its seasonal or something? Im not a fundamental trader but I ...

Auction Market Theory and Market Profile

I second that!

Auction Market Theory and Market Profile