Price hit the top of the upper range now, in addition we have a ascending flag formation. Next in the order would be a pause & pull back to balance - Median line as a guide image As noteed ealier, that price tendencis have reverted to where the ...

Auction Market Theory and Market Profile

Enter long as as price response off the MODE (see my previous post), Just prior to UK open, Price then revert back into US low. UK open with an opening drive initiatives. Entry was made just prior to UK open with intial risk of 18p. Exposure reduce ...

Auction Market Theory and Market Profile

Bounce off the Mid range MODE & now back into the upper range..in most cases this would be a trip back to the upper range VAH. So another round of valuation again of this upper range.. image Uploaded with ImageShack.us

Auction Market Theory and Market Profile

this is a different indi which is usefull for watching clusters of POC but it cannot do profile merge. Your chart is a daily profile where else mind is a weekly profile. U can set that indi on your chart to show weekly too if u wish but this indi ...

Auction Market Theory and Market Profile

Tks frank, that was fast... FYI all, I have requested frankkn to update his 1st post of some of the reference collection that was share here, so it would be easier now to point to the 1st post if any one ask... tks

Auction Market Theory and Market Profile

Here is a 4 week merge of EU just to see the distribution & where price are now.. Quiet similar to the above explanation for ES in my reply above. (FYI TG) BUT in EU case, it have drop below the current value & is now caught between the upper range ...

Auction Market Theory and Market Profile

For simplicity sake i refer to the last 2 week merge as upper range & that lower distribution u see on my chart refer to as lower range. Given yesterdays move, furthur shorts to the down side would be in the books for now towards VAL as price would ...

Auction Market Theory and Market Profile

LVN is known as the low voume node, as oppose to the HVN or High Vlume node, also refer as the POC as u know... LUA (low usage area) is a term use in reference to the area where price have lower then normal usage or distribution, usually the area ...

Auction Market Theory and Market Profile

Eu back into the lower range (see chart) with now running into excess. Weeky profile here indicates rejection of that LVN as price sprung off it. So now strucuture should be expecting a pause & auctioning to balance (step 2 & 3 of steidmayer 4step ...

Auction Market Theory and Market Profile

I am leaning on the LLB for now in this case since ES is still trading within the last 2 weeks range...

Auction Market Theory and Market Profile

I was holding on till i notice twice failure to look above TK high & also twice it took out the OTF low. I've since reverse my position...Now back into the lower range again..mzvega was right about her concern when it was overvalue then.... Edit: ...

Auction Market Theory and Market Profile

Would u be considering this area of Low usage (LUA).....where price may ledge on to fill eventualy? (Nice to see your post) image Uploaded with ImageShack.us

Auction Market Theory and Market Profile

So far so good for ES, within expection for this upward rotation & now on approach to the upper range... image Uploaded with ImageShack.us

Auction Market Theory and Market Profile

Price reaction so far was within my expectation today. As price pullback into lower side of the value range prior to UK open. We see a response with increase volume just prior & then UK intiates up lifting the offers with increase volume.. Trade ...

Auction Market Theory and Market Profile

Not really...

Auction Market Theory and Market Profile

Just a zoom out of a last 12 week composite view indicating previous level ledges & potentials.. image Uploaded with ImageShack.us

Auction Market Theory and Market Profile

Did you manage to keep this trade in play till now? I almost have a urge to move my stops but decided not to do so, right after reducing my exposure. Got off lucky this time

Auction Market Theory and Market Profile

Just a short take of what has transpired & what's next.... 1:Fridays end with a long inventory which see price correction immediately yesterday. 2rice then revisit Thursday's Balance range established during TK session. 3: We have some excesses ...

Auction Market Theory and Market Profile

I'm looking at it this way.... After breaking up from the 2nd week distribution, ES remains primarily bracketed for most part of last 2 weeks. Thursday excess brought about turn for this rotation back down, onto VAL today. Next then would be to test ...

Auction Market Theory and Market Profile

Back into the lower distribution of last week which was within my expectation for today, unless we find acceptance, odds are we could be seeing through down to the other lower distribution...Trend day today. Lets see if the IBL holds for now.... ...

Auction Market Theory and Market Profile