📍Auction Market Theory, developed by J. Peter Steidlmayer and expanded upon by Jim Dalton in his book Mind Over Markets, explains how financial markets function as auctions where buyers and sellers interact. The theory focuses on two main objectives: facilitating trade through a two-way auction process and determining the fair value of assets. Supply and demand...
I have tried to move away from indicator based trading into more fact based TA and would like to breakdown how to use this form of analysis with just candlesticks and volume. This is a larger time frame breakdown though similar patterns can be identified (though significantly more volatility prone) in smaller time frames and one can find that these principles...
