Auction Market Theory Basics

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Uploader Comments (julian062596)

  • Is there a Market Profile Indicator available for NinjaTrader7?....Ive been looking......

  • @bripowered search Fin-Alg in google.

  • This theory is new to me,but it makes perfect sense.Im just wondering about time frames.Do you need to view multiple time frames,and what time frames if Im looking for intraday profits?

  • @bripowered Viewing multiple timeframes definitely aids in deciding what stage of market development we are in. The length of time is up to your comfort level.

  • Very well explained ! Can this work on Non Volume based charts like Spot Forex (Not Futures) ?

  • @venkstaar

    Yes although having volume does help. If you trade for example the EURUSD, you can look at the futures contract (6e) to make your trading decisions, as it has volume, then execute through forex.

Top Comments

  • @mozyCLS Haha no, you have to be doing something wrong to have a less than 30% win rate even with this strategy. The main focus is, is that you do not have to win more the 50% of the time. Because of this, it takes a lot of emotion out of trading, as you know you dont have to be right all the time. It just makes common sense, you are trading where the general public isnt. My account has grown btw :)

  • Nice video!! I'll try that. This will go nice with VSA.

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All Comments (26)

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  • Very clear!

  • nice video, what software are you using? can this be done using thinkorswim?

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