What Is a Finished Auction?

A finished auction generally refers to a market extreme where the final price levels show evidence of one-sided participation and a completed auction.

In Market Profile and footprint analysis, traders look for signs of excess at the session high or low.

This can indicate that the market has temporarily found a boundary for its current auction.

But a finished auction does not mean price can never revisit that extreme.

Understand the auction process instead of blindly trading session highs and lows.

Do you study finished auctions in your trading?