Steidlmayer tradition

Section dedicated to J. Peter Steidlmayer (b. 1938): the market as a two-way auction seeking maximum trade facilitation — organized with Market Profile, POC, and Value Area.

Menu → Encyclopedia → Volume analysis — A 19-step Steidlmayer path spanning concepts, methodologies and a case study. Editorial status and evidence level are declared on each entry. Prerequisites: Order book, Trading volume. For classic supply/demand → Wyckoff tradition.

Source: Steidlmayer and Koy, Markets and Market Logic (1986), chs. 1–2, 6, 9–10; Chicago Board of Trade, CBOT Market Profile®, Part I (1996), pp. 1–48. Jim Dalton is listed only as a later teaching interpretation. Local corpus: raw/sources/steidlmayer/.

The path separates the primary work from the CBOT codification and later readings. Brief biographical notes about the trader remain contextual (referenced) until they are accompanied by a primary biographical source.

Start here — full path (18 entries + 1 case)

Recommended order — Follow all 19 steps in sequence; each entry has Next / Previous path links.

#	Entry	What you learn
1	Steidlmayer tradition introduction	Auction, price vs value, Market Profile
2	Auction Market Theory	The market as continuous auction
3	Equilibrium and imbalance	Two fundamental operating states
4	Operational POC and Value Area	Where the market accepts value
5	Initial Balance	First 60 minutes as daily filter
6	CBOT day types	Normal, Normal Variation, Trend and Neutral Day; P/b shapes are later descriptions
7	Market-generated information	MML ch. 1 — data vs interpretation
8	Market Logic principles	MML ch. 2 — auction logic
9	TPO — time-price opportunity	MML ch. 6 — letters and profile
10	Initiating vs responsive	CBOT Part I — who moves the market
11	Range extension	CBOT Part I — extensions beyond IB
12	Distribution process	CBOT Part IV — leaving value
13	Dominant concern	MML ch. 6 — dominant concern
14	Minus development	CBOT Part V — information gaps
15	Liquidity Data Bank (LDB)	CBOT Part VI — institutional flow
16	Control price	CBOT Part IV–V — guiding price
17	CTI2 — commercial activity	CBOT Part VI — hedger vs speculator
18	Trading strategy — Market Logic	MML ch. 14 — operational game plan
19	Soybean 1991 case	CBOT Part V — full case study

Biography: J. Peter Steidlmayer. Full studio index: raw/patrimonio-emiciclo/studio-steidlmayer/00-INDICE-STUDIO.md · Figures: media/steidlmayer/

Linked encyclopedia (already stable)

Concept	Entry
Market Profile	Market Profile
Volume Profile	Volume Profile Indicator
POC / Value Area	POC Value Area
Day types	Normal, Normal Variation, Trend and Neutral Day

Path status

Phase	Status
19-step path in IT+EN+ES	structural coverage complete; status and evidence are declared per entry
PDF + extracts + 21 studio sheets	✅ ingest-reviewed
TPO / profile figures MML + CBOT (15 scans + 5 SVG)	✅ 2026-07-11

Sources

J. Peter Steidlmayer and Kevin Koy, Markets and Market Logic, 1986 — primary source for auction, price/value and Market Profile logic; local PDF raw/sources/steidlmayer/files/Markets-and-Market-Logic-1986.pdf and chapter study sheets.
Chicago Board of Trade, CBOT Market Profile®, Part I: Reading the Market Profile Graphic, 1996, pp. 1–48 — primary source for TPOs, graphic structure, Initial Balance and CBOT terminology; local PDF raw/sources/steidlmayer/files/CBOT-Market-Profile-EN.pdf.
James F. Dalton, Eric T. Jones and Robert B. Dalton, Mind Over Markets, 1990 — later teaching codification, kept separate from the original formulations.
Steidlmayer web catalogue, verified 2026-07-11 — external biographical cross-checks in raw/sources/steidlmayer/links-web.md; it does not replace the primary works.