[008] Sorry For the Babble & the Balance

It won’t happen again.
Todays’ session of 11/16 RTH was a loud one on my end.
Transitioning platforms isn’t an easy one.

I wanted to use these sessions to have an active narration of a NEW market that “as of recent” no one has seen before. I felt this was an opportunity to display how orderflow interprets information and uses newly generated information to formulate short term ideas. This also helps me add a layer of ‘v e r i f i c a t i o n’ of what I can offer to those who weren’t familiar with me from X.

All that to be said : I hope I served you well today, the notifications will come in less.

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Carrying on! Let’s move forward without my bias. Let’s breakdown the session at hand.

Contextually so far :

1. We’ve been [Trending]

2. We’ve been in [Gap - Unfilled] environment

3. A Chess Match of two-way control over Price

4. [Auctioning]

Auction I

Interesting tape arrives as a convincing seller enters the Highs of the previous (#2) session. The time spent and wide ranges would indicate two-way activity. There is uncertainty in the scale of strength of the two Players as it seems that Price pushes and pulls in a manner that is like water hitting a dam. The moves come suddenly and sharply, it hits a wall and backs away.

The auction is able to extend into what I would define “Buy Structure”. It once was an Open Area, (and likely a seller stronghold) during the [Headlines] but buyers took over the area, planted their flag. [Area of 15810 - 15835] becomes Bull Territory.

This would be validated by the fact the market initiated out of the Area and retraced over 50% of the profile. This does not mean it does not break. It does not mean it does not hold. It simply proves that [Someone Else] sees that area as a [Point of Interest] and that is all that matters to me.

After Hours earnings strike and something something drops the market. This causes a bleed into this area that lasts into the next session (Today 11/16).

Auction II

Today Opens at the Point of Interest from previous RTH (pRTH). The auction continued in the same manner as past, the Market initiates out of the area and retraces to pRTH [Point of Control].

Typically the POC is an irrelevant tool for me. I am a firm believer in that the [Price Ladder] will tell all. However, these sessions are being ruled by weak references with subtle positioning. Thus we enter a New Auction.

Auction Two and a Half

I don’t have another answer for you than : I find my levels off the DOM.
I have years of pattern collection Downloaded.
I have even more years studied Historically.

The timestamp // The activity // The reaction

Expecting this, my morning longs were banked on a Spike in the event a repeated offer would come. I was not however expecting it to be this strong until later in the session — explained

Understand that a [Balanced Profile] is simply another way of displaying short term vs short term. The [Larger Timeframe Participants] are not present. We essentially play Ping Pong with each-other until something changes.

Fading Edges and revering back to Mean is the bread and butter for a session like this.

But now what happens when one of those edges have a bit more activity than the other side, without continuation?

That my friends, is essentially what happened at Todays’ low.

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(Split Profiles — pRTH, Split Down Auction — ABCD, Split Up Auction — Cont)

Responding Sellers gather strength against pRTH POC and there are remains of [Initiation : Failed] at the Highs. This liquidates into newer lows and we poke deeper into the Current Bid Structure.

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This activity woke the Beast and we initiated out of this area and attacked Responding Sellers from pRTH POC (again-again).

I would classify this “Up-Move” as just a stronger up move — Excluding the babble about the retest.

1. The Auction from Lows initiated as a strong one.

2. It trended mechanically to the POI thrice now.

3. It came with a retest of the area

Either one of these results yield a positive result for anyone understanding the Balanced Structure. The fun part is when you understand this early and you save enough chips in case you get the [Balance → Break of Balance].

The market Closes at Highs but traders are to be on the alert. Orderflow players have a clear understanding of the positioning located in two key areas :

1. Our Plans’ 880 : Now everyone has sights on these highs.

2. Our Plans’ 810 : This marks LOD and should be respected if it falls through.

Be sure to catch the Next Plan. It has only caught 3 LODs in a row!