Auction Market Theory

This is Lesson 1 from the channel in written form, part of Ether, the free side of Ethos: the auction market theory notes rebuilt as a proper guide. The video shows you the read live, the PDF is the map you keep next to the charts.

It covers the whole foundation and then some: balance and imbalance, the value area with POC, VAH and VAL, the shape of the profile, the failed auction setup that turns re-entries into the highest odds rotation in the auction, day types, and reading the open.