V. 20:11 (20-33): Developing A Model With Auction Market Theory by Donald L. Jones

V. 20:11 (20-33): Developing A Model With Auction Market Theory by Donald L. Jones
Item# \V20\C11\128DEV.PDF
$3.95
Availability: In Stock

Product Description

Developing A Model With Auction Market Theory by Donald L. Jones

Hereís an intraday trading model that uses auction market theory.

A tenet of auction market theory is the unpredictability of the markets. An auction market model is built from market knowledge without predicting the marketís path. The auction market model requires input from both the market and the trader. It is dynamic, attuned to the market, theoretically sound, and universal. It is also unique to the trader who is exercising it. I will show you the logical steps for developing a trading model, using the auction market theory presented in STOCKS & COMMODITIES earlier this year.

DEVELOPING A TRADING MODEL

An auction market model is the result of a three-step strategy development. The steps are market strategy, trader strategy, and a synthesis of the two, working strategy.

Market strategy is determined by the characteristics that define the market. Markets go through a cycle: balance (congestion) to trend (start of distribution), trend (distribution) and back to balance (start of congestion). Market strategy is concerned first with locating the market condition, or the phase of the cycle. The market may have a short time frame with a lot of action packed into minutes or even seconds, like the indexes, or it can be a longer time frame and a more sedate market, like the grains.




FOR THOSE ORDERING ARTICLES SEPARATELY:
*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.




Take Control of Your Trading.
Professional Traders' Starter Kit
All these items shown below only $299.99!
  • 5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.)
  • 5 year access to S&C Archive
  • 5 year access to S&C Digital Edition
  • 5-year subscription to Traders.com Advantage.
  • 5-year subscription to Working Money.
  • Free book selection.
  • Click Here to Order