Just a quick grab on this trade...boss is watching :S Tokyo inventory is actually short but somehow this morning see Tokyo fail to auction above it rather early. Took the short as i saw my ques just prior to Frankfurt opens. daily reference ...

Auction Market Theory and Market Profile

Monday UK session spike base, the spike generated during the H period, saw price short up to test it yesterday on some news in Europe. This could be a good reference for a go/ no go situation here....fyi image Uploaded with ImageShack.us

Auction Market Theory and Market Profile

Well another term they use is call poor low instead of the word bad. It just that my brother in law have been using the word bad that somehow got into my head.. As inventory gets too long or short, we would like to see how it ends with exhaustion. ...

Auction Market Theory and Market Profile

U have to be fit to get those 4 waves bro... I am more incline to wait out for the NY day session opening then to jump in prior to the 8am EST open, unless the price was mark down just enough to trap the shorts. Took this trade base on the same ...

Auction Market Theory and Market Profile

OK now is UK open, so what has transpire & what's next? 1: yesterday UK fail to auction above previos UK high then price reverse back down into its IBR. Bearish indication as price continue to RX further down. We have a new auction point. 2: We have ...

Auction Market Theory and Market Profile

Got it! tks

Auction Market Theory and Market Profile

Hi Bundung, Notice there was an error in the ExtendIB or the factor that is use to calculate it. e.g the IBx1 are like IBx3 instead..& so on... FYI

Auction Market Theory and Market Profile

iVolume was an indi i modded to to suit my needs to simply have 3 categories of volume. ;volume > previous 2 bars, volume < previous 2 bars, volume > the previous bar but < then previous 2 bars ago.). Visually is all i need. I will have a look on ...

Auction Market Theory and Market Profile

sorry bro, was in various places this time due to work load. Last time I was in Singapore (b4 i was stuck in KL too) actually...neat places. I did not know when u were going to share this as i have not ask u previously on your intention of any ...

Auction Market Theory and Market Profile

Was not able to check on the charts for the early trade prior to UK opens. But manage to get in with a pullback strategy as value is looking higher. After the poor high established in yesterday US high on low volume or lack of climax, price tapers ...

Auction Market Theory and Market Profile

Wyckoff correction wave ... — I always keep a chart of my Wyckoff analysis with me just to keep me grounded just in case i get too exuberance with my MP analysis which i am still very rusty for longer term analysis.. Below 4hr chart formation ...

Auction Market Theory and Market Profile

This was a value area trade after the pullback that was initiated after NY pit session open with the low end of the shakeout hitting the DPOC acting as a base as shown on the daily chart on the right. My entry was made right after 10:30 EST, one bar ...

Auction Market Theory and Market Profile

lol i m thinking that 3750 could eventuate into a weekly control as it adjust its inventory back up to fill very thin minus development of last week... wkly profile: image Uploaded with ImageShack.us

Auction Market Theory and Market Profile

(I will refer Frankfurt session as European) Again another European open instead which see price continuation when UK open. After yesterday European session reversal & rally. US session have a very whipsaw auction which see price take out & back up ...

Auction Market Theory and Market Profile

Is a broad question as even for me MP is still my 2ndary tool till i solidify my skills to it. so to speak. Mzvega share of CQG Q&A i actually read several times already. Very useful info. I will try my best to explain it. Any experience MP regulars ...

Auction Market Theory and Market Profile

Yes it is short, BUT i am referring to the previous session inventory rather the then the so call over-nite inventory. So previous UK session to the TK settle is long inventory. That is how i treat each session in Forex. This issue have been discuss ...

Auction Market Theory and Market Profile

Just a quick take on what has transpired so far.. If one were to look at VSA price action alone today leading to UK opening, u would have been confuse by what 30mins is telling u & what 5mins is not telling, Basically is conflict... well at least ...

Auction Market Theory and Market Profile

Lol I shouldn't have told u that it was gona pause at 3750...

Auction Market Theory and Market Profile

It's heading towards the VPOC as we speak...crikey!!! Long live MP

Auction Market Theory and Market Profile

I will have to set both the; Lookback & ExtendPocline to 10 which is my default... could that be your problem ?

Auction Market Theory and Market Profile