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- mzvega replied Mar 30, 2011
I was able to exit my bad trade gracefully! Beautiful! exactly 1 1/2 X's IB. If its very inituitive, we still have 2x's the IB @1.41575 and 3'x @1.41896. And a poc's @1.4169
Auction Market Theory and Market Profile
- mzvega replied Mar 30, 2011
I always put myself in the shoes of the people Im trading against. Commercials.Needing to trade with the inst. & com. traders if your a small retail trader. They trade dont trade with their own money therefore they have Rules , the're buy or selling ...
Auction Market Theory and Market Profile
- mzvega replied Mar 30, 2011
I am still stubbornly holding on to that (not so smart) long. I placed a sl under yest. low before I got some some sleep. I should have re entered, on a pullback. That was not so wise of me to do. The best times for me to trade is london open which ...
Auction Market Theory and Market Profile
- mzvega replied Mar 30, 2011
imo ATR(yest) sup: 1.4039 1.40382 DIB area Falls around the area marked on your chart, looks good! and Id trade the edges of the weekly IB
Auction Market Theory and Market Profile
- mzvega replied Mar 30, 2011
Sorry wrong attachment previous post!
Auction Market Theory and Market Profile
- mzvega replied Mar 30, 2011
Lets see how well we fill in the larger profile
Auction Market Theory and Market Profile
- mzvega replied Mar 30, 2011
Ive just took profit. and actually. got brave took another long. my targets on chart
Auction Market Theory and Market Profile
- mzvega replied Mar 30, 2011
Bandung, Is this a general update. Or just an update if youre experiencing alot of crashes?
Auction Market Theory and Market Profile
- mzvega replied Mar 30, 2011
I took a small long @1.40651. Generally, from my observations if price cant meet or exceed its DIB it reverses back toward or through its IB range. Often after range extention if price cant met its DIB youll find reverses through the other side of ...
Auction Market Theory and Market Profile
- mzvega replied Mar 29, 2011
Technically, speaking the weekly IB Range would be the Highest high and the lowest low of the first 2 trading days. If weve put in our highs and lows for the day.
Auction Market Theory and Market Profile
- mzvega replied Mar 29, 2011
Yes! The first 2 30m bars (usually it’s the A & B’s , but not all indis. start the profile with the A, the good ones do!)to establish the daily IB. However, I personally on an intra day level, start each session and base all my daily trades on each ...
Auction Market Theory and Market Profile
- mzvega replied Mar 29, 2011
In the weekly tf price is consider "fair" in the range of the red lines WIB. In order for prices to extend those ranges, SM/longer term participants need a pool of fresh buyers or sellers to create the volume to push past those areas. I would look ...
Auction Market Theory and Market Profile
- mzvega replied Mar 29, 2011
That sounds like a great way to judge the early sentiment! I would think atleast the first sessions "Asian London US" of the week atleast to the US close of monday. and any range extention from or a return to that high or low would negate the ...
Auction Market Theory and Market Profile
- mzvega replied Mar 29, 2011
Weekly IB — I just wanted to put alittle food for thought out there. We are all familiar with the IB concept. Weekly IB would be the first 2 trading days of the week. imo this little narrow range we are in is a perfect to see from a longer ...
Auction Market Theory and Market Profile
- mzvega replied Mar 29, 2011
I took 2 small short trades @1.40735 and @1.40796 To see if it will go to the atleast the other side of us session IB.
Auction Market Theory and Market Profile
- mzvega replied Mar 29, 2011
If price doesnt stall @ DIBL 1.40872 my first tp target is @1.40731, then @1.40589, then @1.4036 My bias will probably change for the us session. But for now...........
Auction Market Theory and Market Profile