Took this trade when NY open as Prior to the pit session there were responsive activities. My entry was just after NY day session open expecting a inventory adjustment. NY open & initiate upwards. Exposure reduced at 3700 with 57 points gain. Target ...

Auction Market Theory and Market Profile

Nice to see u Alex. I miss some nice action today, month end & lots of reporting to do at work but did trade one today. Anyway its been quiet here so just drop by anytime i guess

Auction Market Theory and Market Profile

Took a trade for the counter trend scalp up off asia low as Frankfurt open saw a reversal. Abit of a late entry here but workout fine nonetheless. If u view it using UK opening u can see an opening test on to Asia POC. Either way u could extract a ...

Auction Market Theory and Market Profile

U know is a Non-trend day today & RF is 8 as we speak. Looks like EU is gona to poop again... A shakeout onto 4100 would be the deal i reckon ; Have a nice wkend too!

Auction Market Theory and Market Profile

I'll grab any swing trade i can . Me still learning as i go about MP, I am sure there are folks here with JD like precision but still taking cover.... Your mod on the volume indi is bloody neat. U know the funny thing is the reason i modded ...

Auction Market Theory and Market Profile

My earlier trade was scratch pity as I can't monitor it as i have to set & forget. The following trade was taken in view of market inventory adjustment back into control of the TK/UK balance (at the very least). Market order place on the open price ...

Auction Market Theory and Market Profile

I am just playing with odds of price probability of trading high if price breaks above a previous TPO as it OTF up. Take for example the entry point at "A". G period is where price test the VAH & close back above low of F period. Higher risk entry ...

Auction Market Theory and Market Profile

Waited for the market to tip off the Asia session balance. The UK opening provided the queue as it shakeout off Asia low. I also have the NY spike base as reference. Point C provided the best trade location for this IBR, after the responsive as it ...

Auction Market Theory and Market Profile

Test of VAH got me interested in the early session. A was my first entry till Frankfurt & reduce all exposure after it retake the high but notice the price movement was rather cautions or rather lack of momentum that seems to suggest market not ...

Auction Market Theory and Market Profile

Well let me put it this way. I am sure u have been aware of the bracketing nature EU pass 2 weeks or so. LLB footprints are over the place as essentially EU is accumulating. As JD puts it, LLB reverses the prior long position by liquidating rapidly, ...

Auction Market Theory and Market Profile

Liquidation break (that got rid of all those weak latent longs)- during the first 8 period after the NY pit session opens, u have a b formation. There was a balance session prior to Tokyo opens.... image Uploaded with ImageShack.us

Auction Market Theory and Market Profile

All was well for as i wasn't able to stick around for NY. I decided to pin down yesterday's high (3960)as my target for my remaining instead as i am sure by then this would be a sticking point. It was a nice fake out response prior to NY pit open as ...

Auction Market Theory and Market Profile

With market under the Gun due to the unfolding EU summit, see have seen a rather elongated horizontal development yesterday but it did have an excess low. Market seems likely to go on a breakout. Prior to Frankfurt open, price was mark down back ...

Auction Market Theory and Market Profile

Exploiting on today's rotational play, took my 2nd trade of the day after the NY pit opening excess (shakeout) as it pullback during B period as can be seen in the 5mins chart. I reduce my 1st exposure just above 40 points, then we have another ...

Auction Market Theory and Market Profile

Just so long as the excess indicates good volume as it capitulates, that should help u to ascertain that responsive activity is in place for that effort to take out previous high. Essentially the Asia session this morning was the continuation of the ...

Auction Market Theory and Market Profile

It should be initiate as this term refers to aggressive entrance of buyers or sellers after a response have occur. Another words if there are enough Sellers absorbing (responding) to Buyers (matching orders) then this is the response. But price will ...

Auction Market Theory and Market Profile

U mentioned point 2 tested London low, I think there is an error there as London low is actually the lowest point of today or the low at your point 1. Just in case u did not notice, point 1 & 3 actually test the low of Tokyo session. So we have a ...

Auction Market Theory and Market Profile

Yes..& alsothat the low of the A period of Frankfurt open is breach. My entry was on the slight pullback - just a little. This is a very aggressive entry...

Auction Market Theory and Market Profile

Looking possible inventory adjustment after the long inventory prior to European opens.....Took a short entry as just after Frankfurt opens as it fails to take out the Asia high. UK opens above VAH & initiates downwards... image Uploaded with ...

Auction Market Theory and Market Profile

@s7c Perhaps one suggestion... Don't forget that MP is a complementary tool so do keep tabs of what u see in a profile vs. what u see on your charts.. Here is an example of what i keep in my notes...just simple charts to ascertain where are the ...

Auction Market Theory and Market Profile