Blog Archives

Market Profile – Normal Day

Normal Days under Market Profile are characterized by wide Initial Balance.  Average width of IB for Normal day is around  10 points for ES. The IB High and IB Low will mark the high and low for the day, with

Posted in Market Internals

Market Auction Process

Almost all electronic financial markets trade based on an auction market. Understanding how financial auction markets operate is paramount for anyone interested in becoming a successful trader. In traditional auctions an auctioneer conducts the auction process. Typically the auctioneer will

Posted in Market Internals