FMA tests MVA. Nothing will go unnoticedBritish Pound vs Japanese YenICMARKETS:GBPJPYfullermarketanalysisFMA testing Market Volume Analysis. Sa far 1 unsuccessful analysis. An observation was spot on, hence positive progress in market volume analysis perception. TODAY ANALYSIS Market Volume Analysis (MVA) = Bearish Reason: IB closed below prev. day's average fair price value range. & after 1 hour of business deals/contracts, price value was held below it. Today's activity should be price depreciation below prev. day's point of control value (214.205: IC Markets data feed). Based on chart data: 1. The market migrated from a balanced state into price discovery with depreciating values. 2. The market is comfortable accepting cheaper price values. FMA = Focus sell opportunities only, below prev. day's poc (214.205) Reason: AMT's Market Volume Analysis says 1. price is depreciating below 214.205. 2. The market is currently imbalanced and discovering a new fair price range. Keen observation: Fair price range was very expensive on Tue26May26 compared to the prev. day's fair price range on Mon25May26. 1. Does this mean an overbought situation? 2. Could it be that price will start to depreciate after Tue26May26? 2.1. Price slightly depreciated and was held below the prev. day's poc on Tues26May26, Then on Wed27May26, price value depreciated some more and again held below the prev. day's poc. What will it be tomorrow Thu28May26? Depreciate even more, and below Wednesday's poc? Let's see. Price migrated from Monday's fair price range into price discovery and has been constantly accepting cheaper price values. The market may want to depreciate GJ's value now so that is good observation. 3. What will today's fair price range look like at 17:00 EST today? 3.1. Yesterday's observation: Inside prev. day's fair price range & below poc, then migration to price discovery & value depreciation. Let's see at 17:00 EST for today. Observed scenarios & hypotheses: 1. How does the position of the fair price range of (Xday) in relation to the fair price range of (Xday-1) affect market behavior? 1.1. Inside range & above poc = bullish (migration > price discovery > appreciation)? 1.2. Inside range & below poc = bearish (migration > price discovery > depreciation)? 2. How does what happen in a preceding time variable/scenario affects market behavior in the following time variable/scenario 2.1. We seem to notice that there are 2 distinct time variables: 2.1.1. Business period, 2.1.2. Overnight period. However, this would only apply to markets that are heavily influenced by systems that operates (24-X hours) times of the daily time cycle. 2.2. Balanced business = Imbalanced Overnight. Imbalanced business = Balanced overnight. Stats: For analysis Goal:7/10 successful analysis Status: 5/6 successful | 1/1 unsuccessful For chart trades 8/10 560% roi = 90%+0%+50%-100%+30%+50%+0%+440%+100%-100% NB: Price values in this published idea for testing FMA & market volume are based on IC Markets' market data feed. The regular, major published ideas is on OANDA's market data feed.