18/04/2012
The RBI announcement helped lift up the markets today, but the broader market was still within the 6 day range in the NF and the 3 day range established in the BN. Any movement above 5248 and 5380 can only force shorts to cover. Without that happening, we will still remain locked in […]
NF Profile & vwap
The chart below has a) vwap in yellow and it's standard deviations ( 2SD) extended above and below in yellow b) Composite POC running in white across chart c) Profile for April in bluish purple on right d) daily POC in blue e) High volume nodes as green lines running across the chart horizontally
20-40 trades of today ( 17th april)
Here are the trades given on Viren's 20-40 advisory today. Trades are chosen from the market profile methodology and by using sound principles of money management to put risk -reward in your favor 1) Sell BN 10570-10580, sl 10620, tgt 10500. Trade 50 % qty only. 2012-04-17 11:14:00 BN at tgt 1 10500. […]
OrderFlow before RBI
Chart shows how big money positions ahead of news 2 trades before the RBI made it's announcement at 11.00 am and OrderFlow positioned us for the two algos who sold first and brought later just 8 minutes ahead of the policy decision.