Profile charts for 8th June
The Power Levels for tomorrow and possible areas of demand and supply are uploaded in an excel sheet here. All levels are taken from that excel sheet. We will discuss auction theory, role of buyers and sellers and market structure in these next few lines. Today’s updated comments are displayed in bold. Comments from yesterday […]
Power Levels
One of the most important aspects of the newly introduced OrderFlow charts is the relation of the Moving price to projected levels of support and resistance which we can find before the market opens. We have modeled these levels on the Pivot method of support and resistance, except that instead of using price only […]
New OrderFlow
In our trading room we have introduced signals for our orderflow indicators as well as levels to decide part booking or exiting an established position. Check the buy call in BN at 10712 yesterday Based on our intra day “power levels” we have set alerts to exit the holding at 10917 or 10994 BNF based […]