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AMT

ONDO Potential Upside Market Profile Traversal Potential Setup: ONDO finds itself under a 3 day market profile composite (formed by 28-30 Aug). If price can find acceptance above $0.64 CVAL (composite value area low) either by breaking it convincingly OR by spending enough time above it, we may end up with a full composite traversal to the upside CVAH at $0.67. Overall Bias: The high time frame bias is bearish, but that won't affect this small trade. The mid time frame will flip bullish with the mentioned acceptance. And the short term bias is currently bullish. Structure: Market Structure is good. We are currently breaking (to the upside) and retesting the value area high of another 3 day composite.
Long
by razpit
Exploring Auction Market Theory in Forex TradingAuction Market Theory (AMT) is a conceptual framework used to understand the dynamics of financial markets, viewing them as auctions where buyers and sellers interact to determine prices. Although the AMT was initially developed to understand & analyse price action movements in the stock market, some of its core concepts can also be applied to any market, including forex. Within the forex market, currency pairs are traded 24/5, with price driven by a multitude of factors such as economic data releases, geopolitical events, and market sentiment. Despite this complexity, AMT provides a framework for understanding market dynamics through the concepts of value, balance, and imbalances . Value represents the equilibrium price at which buyers and sellers agree on the fair value of an asset. Market balance occurs when supply and demand are roughly equal, resulting in stable price ranges, while imbalances arise from deviations from this equilibrium due to shifts in market sentiment or unexpected events. These imbalances can create trading opportunities for astute traders who can identify them and act accordingly. Lets now take a look into how this can be visually identified on a line chart using only price action. Example 1 On the left, we can see an area of market balance. This is usually evident when the market is range bound as we can see in this case. The midpoint of the range is the point of equilibrium. Value can be interpreted as the equilibrium price at which buyers and sellers agree on the fair value of a currency pair. This equilibrium is constantly shifting as new information becomes available and market participants reassess their expectations. When these expectations shift as a result of either economic data releases, geopolitical events, and/or market sentiment, price shifts away from the balanced price range and creates an imbalance within the market. Identifying value areas are important because these can act as an area of future support/resistance for price. Notice how in this example, after price displaces from the balanced range, it later came back and found support near the fair value within that range. Practical Application One practical application of AMT in forex trading is through the analysis of price action and market profile. By observing how price behaves at different levels and how volume interacts with price movements, you can gain insights into market sentiment and potential areas of support and resistance. For example, if a currency pair consistently fails to break above a certain resistance level despite multiple attempts, it may indicate strong selling pressure at that level, presenting an opportunity for short trades. Conversely, if a currency pair finds strong support at a particular price level, traders may look for buying opportunities as the market reverts to equilibrium. To conclude, Auction Market Theory offers a valuable framework for understanding the dynamics of the forex market. By analysing price action, volume, and market profile through the lens of AMT, you can gain a deeper understanding of market sentiment and identify potential trading opportunities. While no theory can guarantee success in trading, incorporating Auction Market Theory into your analysis can help you make more informed trading decisions. Please leave a comment if you've found this post helpful or if you have any questions. Happy Trading
Editors' picks
FXOPEN:XAUUSDEducation
by Pips4Breakfastx
6
Short on a different American. AMTGoals 220, 210. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
NYSE:AMTShort
by Rykin_Capital
Classic Cup & Handle patternWe are seeing a cup & head pattern on this real estate ETF. How to enter a position: First entry: 20% of full amount, when it breaks the high of the handle of the cup. Second entry: 80% is the cross above the high of the cup, confirming the bullish pattern. Risk-reward setup: Profit-exit: Full target is $53 approximately. 10sma has been working well with a trailing stop for a partial sell. Loss-exit: the target is denied, if we close below the november 1st low; at which point I would exit 100%. Good luck, and have a great weekend everyone!
AMEX:XLRELong
by dorfmanmaster
6E1! eur/usd Setup IdeaI will be looking for opportunities for a long position. The price has returned to the value range with a fairly good volume. If it turned out that it reads the chart well, it will show one of the scenarios for a possible connection. A scenario that is quite conservative and has a relatively good risk-reward ratio. 1. Red square. I will expect sellers here. I hope that the level will be defended and the sale will be absorbed by passive traders (limit orders). How long will it take? It's hard to say. When the pressure goes away, I would like to see that the price goes down by a few / a dozen ticks, but this time without pressure or volume. Then, if the setup is to work, there should be traders with aggressive buy orders across the market. 2. Green square. This is her place where, with the above in mind, I would look for a position. What's the funniest thing about this game is that I don't care what happens. And I have absolutely no idea which way the listing of this contract will go. The price may just jump up or down. If it jumps up, good. I will be looking for the next configuration for a long position. If it jumps down, good too. After all, a short position is also a position. The most important thing in trading, in my opinion, is to have well-defined conditions for concluding a transaction and the context of this venture. Greetings.
CME:6E1!Long
by smartmany
ES1! Long but test first.I'd rather be hooked up to long positions but before that happens, scenario no. 1 is the absolute minimum for me. So far, the price is fine after the break and it would be useful to test last week's Vpoc. Ideally, the price should reach the lower limit of distribution and find buyers who will push the market higher (scenario 2). Of course, I have no idea what the future holds. These scenarios are only a form of preparation for situations that may arise. I will look for a short position in the small marked squares. Good luck!
CME_MINI:ES1!Long
by smartmany
BTC1! Intra day situation.Hi, First, a sequence that I will repeat sometimes. I have no idea what the market will do, only what I can influence is the implementation of my strategy. If the market makes certain assumptions, I emphasize if, in the marked places, I want to connect to a specific direction .. I have no convictions about the direction and no expectations. BTC is at its highs, and I think it should spend some time here before determining the direction. Definitely, if I were pro long, I wouldn't want to see the market trading in large volumes in the blue zone (somewhere around 43,000-42,000). And the more that the zone is run over. This is an area where the price has been rejected and is potentially an opportunity for long positions. Activity there could be a hint that there is no acceptance for higher prices. Good luck.
CME:BTC1!
by smartmany
6E1! AMT RULEZOf course, I have no idea what will happen. If someone claims that he knows, he is a clown and ignorant (or works for a goldman and has the volume to move the market;)) But I know what I will do if one of the scenarios comes true. The little blue squares are the markings where I would be looking for L position. If it were to specifically collapse, 1.20500 could stop the storm for a while. The previous distribution range where the price was most accepted. The stimulus is coming, so the chance for the euro is high. Good luck!
CME:6E1!Long
by smartmany
1
Triple bullish divergence AMT AMT Weekly: The weekly shows a rejection candle that went up to -1 ATR, a point of reversal the last couple of weeks that often resulted in a pullback to the 21 EMA. MACD Histogram is ticking up, although EFI is hanging around its EMA and not showing much strenght yet. Stochastic RSI is bullish and its %D line is rising. Daily: There is a nice triple divergence here, on MACD-Histogram and Elder Force Index. Then a ATR channel divergence on the current decline as well. Stochastic RSI is coming from an oversold condition and supports the idea of prices going up here. Also, MACD lines are diverging as well, which is a strong sign. Entry: 2.315 Target: 2.435 Stop: 2.24 R/R ratio: 1:1.6
NYSE:AMTLong
by Tornado_Trading
Request Network Trade Signal [REQBTC](72%)On the 23-Jan. we shared a chart for Request Network (REQBTC), you can find it below... Today I bring you this trade signal... Wishing you great success, wealth and profits. ------- PAIR: Request Network | REQBTC ENTRY: 0.00000125 - 0.00000145 TARGET: (1) 0.00000180 (2) 0.00000200 (3) 0.00000215 (4) 0.00000250 PROFITS POTENTIAL: 72% STOP: Close daily below 0.00000120. -------- This is not financial advice. Thanks a lot for reading. Namaste.
Long
by AlanSantana