Auction Market Theory
Auction Market Theory, developed by Pete Steidlmayer in the 1980s, illuminates market dynamics and order flow. It's grounded in supply and demand principles, empowering traders to make informed choices.
Before starting, it is worth mentioning something that may appear self-evident, yet it retains its importance.
Auction Market Theory, Market Profile, and Volume Profile stand as widely recognized trading concepts; hence, one may not encounter significant novelties if already well-versed in these principles.
The objective of these articles is to construct a comprehensive guide for newer traders, given the current dispersion of these concepts across the internet in a non-uniform manner.