OrderFlow for 22/03

Here are the OrderFlow charts for the day.   The day's down move began when Vwap was broken to the downside. A retest followed, which was again met by selling and the Sell signal had it's way.       And just reproducing here the comment stream from the Trading room as we watched the […]

23/03/2012

Two back to back 3IB days both with poor structure.   We had another neutral extreme day and it's easy to look at a closing figure on such days. You either get a close at DPOC or one at the extremes. Once the move was away from dpoc, it was clear that it would end […]

Our Trading room

One of the things I look forward to everyday is to interact with our wonderful community at Vtrender in the trading room. The joy of clocking a good trade increases manifold when I know that there are several others who have made the same good trade.   The markets are our primary focus and I […]

22/03/2012

Most of the activity of today was covered in the premium post of yesterday and captured by the charts posted earlier this evening at the main blog.   A neutral center always has one party ceding control to the other and hence one should keep an eye out for day types as they give you […]

Composite update

In our last update using the composite charts we had posted on Monday-   That vwap band is currently extended at 2 standard deviations off mean which give a 5 % probability to  a new move below current lows.So a small pull back may be due here.   Today's charts show that the pull back […]

21/03/12

Yesterday at the close, we felt that the selling would stop temporarily and a pause or a small pull back was in order.   The market opened strong, tried very hard to get past POC in the first session but was met with determined sellers who pushed it below VAL initially and unsuccessfully below PDL […]

MCX Profiles

Here are some profile charts of Gold , Silver, Copper and Crude   Gold :   The blue lines in the chart are High Volume points and overhead resistance. Click inside the chart to enlarge     Silver :   A sliding POC ( blue horizontal bars) shows that there is not enough value buying […]

20/03/2012

We had a neutral extreme day on Friday and the point of interest was if the market would go below the spike lows of 5331 established on Friday or if they would auction above the 5340 zone which was the POC of the composite profile below 5380.   The opening swing took the market upto […]

Composite update and Orderflow

Here is an update to the composite profile charts posted on Friday   Through the month we have observed the dividing line at 5380 as some kind of a SAR for longs and shorts. It holds the composite POC and the vwap of the big seller from 5674 NF is also there at 5405 (current […]