EU long — Hi all, Don't have much time to grab any trade till yesterday as I'm still stuck in japan... Waited for the news to settle & make an entry during NY.... 1:Yesterday Asia P formation suggestion need to balance in London. 2: London ...

Auction Market Theory and Market Profile

Nice alex This is call the 70/30 long-short tactics which trades according to medium to longer trend bias & the portfolio/asset is adjust accordingly..do correct me if i am wrong.. I only use this tactic for AUDUSD & EURAUD. Seldom for EU & GU which ...

Auction Market Theory and Market Profile

haha...okok i get your point have a nice wkend

Auction Market Theory and Market Profile

Yeah the 1x minimum when i was staring at the weekly i know this week is not done for yet...nice pips to end the week with.. I am now hedge so have to wait for coast to clear to cover my shorts...then I'll be long for recovery up...

Auction Market Theory and Market Profile

I see your point the view...but Your suggestion is that if the market have not been short, why cover? In order flow dynamics, net long does not mean zero shorts. Anyway back to the point where i say it does not have be a initiation from below for ...

Auction Market Theory and Market Profile

Looks like i found my new office...the circle earmark on the last pic ...set... nice pic indeed tks.

Auction Market Theory and Market Profile

EU opening was driven up to VAH then reverse back & driven down below fair value. Weekly RE just above 1X as it approach VPOC of 4400. London inventory is short but the market didn't care. image

Auction Market Theory and Market Profile

yep it is weekly. By the time the market gets too long u wont see longer timeframe traders there once valuation gets too expensive. So only the shorter onces stick around to wait for initiative sellers to ponce on it & eventually they all start ...

Auction Market Theory and Market Profile

I found good e.g. perhaps may help you..this is EJ weekly After a long market auction price fail to rise with excess with a top failure then market starts its decline The decline continue the next week with Monday's declines as seen in the P profile ...

Auction Market Theory and Market Profile

I reckon the weekly IB now base on the 1st two days range would qualify for at least a 1xRE down, close to VPOC of 4400?

Auction Market Theory and Market Profile

It really depends... U don't need to start an initiates as it can be responsive too...IMO For simplicity i just refer to P formation short covering rally where u have e.g. the 1st 2 period starts from the upper end of the profile price decline ...

Auction Market Theory and Market Profile

Looks like the weekly VPOC@4400 u ask earlier may turn out to be a significant attraction perhaps.. The session profile for today during London IB is the same as yesterday as both fail to take out Asia POC. That sounds of Alarm bells for me Just ...

Auction Market Theory and Market Profile

Time-frame analysis here is important. when, Market goes a bit too high like yesterday & buyers who find it difficult to auction higher will look for sellers to initiate before they decide to liquidated. What follows is a liquidation break. So in ...

Auction Market Theory and Market Profile

At the time of the writing in my post EU tested the spike base I've marked on my chart as a potential reference. The market pause the down move in this case with supporting volume. In order flow context, it is refer to as "responsive buyers meet the ...

Auction Market Theory and Market Profile

EU did not even bother with Asia high, rejecting NY POC, & traded back to its opening price indicating lack of confidence. Current price tested on previous London open which is spike base & now we are already in 2xRE with absorption volume. But if ...

Auction Market Theory and Market Profile

GU LLB — GU's have not been able to stay above friday fair value today & price have been heading drifting south & now experiencing a LLB like EJ, which is the follow up of yesterday top heavy P formation short covering rally...hence inventory ...

Auction Market Theory and Market Profile

EU session test — With yesterday's poor high causing price to consolidate again. The Long inventory of NY's have been tested with responsive seen on NY's low. Asia inventory is short now. Next reference will be NY's POC & Current Asia high. ...

Auction Market Theory and Market Profile

More so then ever if u were to compare to EJ, with yesterday's P formation short covering rally, the top heavy balance inventory just wont hold as it's fair value was form below Friday's high. Hence the more dramatic Long liquidation break (LLB). ...

Auction Market Theory and Market Profile

I am sure one can look at today's reversal day on a barchart but visualizing it using MP is especially telling... Today (in green) totally reverse & engulf yesterdays loss & we are now above previous week high...Alex must now be planning for his ...

Auction Market Theory and Market Profile

Tks Claudio.. Your spot on timing with this find. With MP we are always taking about IB or the first hour of amongst other things & i have been trying to rationalize the the opposite end of the spectrum which is the last hour of each session. (I am ...

Auction Market Theory and Market Profile