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Auction Market Value Analytics (tm)

Lookup: CBOT Market Profile 1985, Key Words

Copyright CISCO Futures 2007

**************** Reference R1A CBOT Market Profile 1985: Index + Keywords ***********************

    p3 PI Time and Sales ticker + Profile Graphic (CBOT Service)
       PII Liquidity Data Bank
       LDB available several hours after close
       Volume in detail, with price
       LDB + Time & Sales
       Condition of Market (condition not defined)
    p4 Utility to Pit traders
       Utility to outside traders
         Early stages of a trend
       Markets natural organization
       PI constant market change in finding value
       PII Changing condition of market
       Many different kinds of knowledge 9required)
       Learning time: six months to year
       Intuitive feel
    p5 Need to know all analytical indicators
       Use the CBOT Service!
       Personal trading style required
       CBOT service explains dynamics fo market activity, an intangible
       CBOT service improves trading (comparing price to value)
       CBOT service is variable cost
    p9 Markets natural organization
       Price, Time and Volume
         Area of Volume = Equilibrium Zone
       Brief price/time relation
       Extended price/time relation
       Daily pattern: (high, low, value area)
       Market function: to find equilibrium
       Price movement vs demand
    p10 Market as balancing mechanism
    p11 Consolidation as estimate of value area
        Structural organization
        Market Profile graphic
        Price-time relationships
    p12 CBOT data & fundamental approach
        Divergence (price and value)
        Profile graphic with value area estimate
    p13 Double distribution 
    p14 Normal day profile
        Trend day
        Non-trend day
        Anticipation
        Price change balances supply and demand
    p15 Identfying distributions
    p25 Profile graphic (what the market is doing)
    p27 Value Area
    p34 Visual estimate of value area from TPOs
    p36 Price/time realtionships
        Efficient market (??)
        New value area
        Logical market behavior
          (many individuals reacting to a price away from a price)
    p39 Trendiness
        Opportunity (non-trend = no opportunity)
        Three types of trends (box)
        Value is validated by volume
    p48 Review of trends
        Opening price range
    p49 Market composition (CTI1 and CTI2)
    p50 Market domination by CTI1 or CTI2
        Price activity levels
        Certainty vs value area size
    p51 Probability of trading at high/low prices
        Example with volume
        Dispersion of volume
    p52 Dispersion of volume limited
        five highest volume prices
    p62 70% of volume
    p64 70% of volume
    p65 70% of volume
    p66 70% of volume
    p72 LDB Report with volume
    p73 LDB data for type of profile
        Percent of volume in opening range
        Composition of market
        Price activity throughout range
    p74 Degree of certainty
        Probability of higher/lower price
        Volume average of 5 highest volumes
        Visualization of next profile
    p75 Premium
        Maximize returns
        Understanding market behavior
        Opportunity
    p76 A session in progress
        5 key items (type, cause, condition, opportunity, events)
    p77 Opening, 2nd timeframe, 3rd timeframe, close
    p78 Scenarios
    p79 Experience
        Market conditions: strength/weakness
    p83 CBOT Time and Sales ticker
    p85 Appendix: Sample data
    p114 Calculation of LDB parameters

**************** End Reference R1aa CBOT Market Profile 1985: Index + Keywords *********************