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Auction Market Theory, market profile.


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  #1 (permalink)
 davethetrade 
Gothenburg
 
Experience: Advanced
Platform: DAS Trader Pro
Trading: Nasdaq Stocks, no futures
Posts: 52 since Mar 2016
Thanks Given: 31
Thanks Received: 18

In trading there is a clear realationship between attempted direction value and volume. I´ve seen many market profile people
talk about this.

However they usually dosen´t give any exemples of what to expect when attempted diretion = none.
Can someone please explain this, it would be very kind.




I think more people are wondering about this so hopefully it helps others aswell. In example above there is no attempted direction,
value is lower. What can we expect if volume is higher, lower or ecual to previous trading day? And how should one in general think when
there is no attempted direction?

Happy trading, i would be so glad if someone could help me with this one.
Thank you.


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  #3 (permalink)
 
rleplae's Avatar
 rleplae 
Gits (Hooglede) Belgium
Legendary Market Wizard
 
Experience: Master
Platform: NinjaTrader, Proprietary,
Broker: Ninjabrokerage/IQfeed + Synthetic datafeed
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the is 'no edge' for me in this chart


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  #4 (permalink)
 davethetrade 
Gothenburg
 
Experience: Advanced
Platform: DAS Trader Pro
Trading: Nasdaq Stocks, no futures
Posts: 52 since Mar 2016
Thanks Given: 31
Thanks Received: 18


rleplae View Post
the is 'no edge' for me in this chart

I´m sorry i removed what i written because i wanted to delete the post and put it in an already existing thread isen´t it possible do delete a thread? Okey anyway
now my question is up again.

I´m sorry for that.
Dave.


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Last Updated on April 25, 2017


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