OrderFlow 31st May
The markets opened gap down and as expected an OAOR type of open played out. Read about open types in the glossary section as it is an important indication to OTF activity in the markets. Today's quite open could have been for the GDP news later in the day, but an important clue […]
May series Expiry
Here's the volume distribution, value area and vwap for the May series from Thursday 26th April to Wednesday 30th May. BankNifty : Current price is within the value area of the series and near the point of control.
OrderFlow charts of 30/05
We came into the morning session with a sell call in the Nifty at 4975 yesterday and a sell in the BN at 9640. Both calls were generated near the close, as the seller moved in. Today's profile is Neutral extreme in the NF and a move below today's low will keep the […]
Trading room
[08:56] Pasi C: GM all [09:02] r m: Good Morning folks! [09:02] r m: Hi Pasi *** Shai C, Welcome to the Vtrender conference room! [09:04] Shai C: GM all [09:05] Deepak C : hi GM all [09:05] r m: Hi DC [09:05] Deepak C : how r u rm [09:05] Pasi C: Guys I […]
Composite check
Here is the composite profile for the current UP auction along with the vwap of the structure The Market profile theory states that every period of imbalance ( a trending move) is followed by a period of balance where prices will consolidate and form value. We are seeing the biggest volume developing […]
OrderFlow 29/05
We had a Normal day in the market's today. A normal day is defined as a day type when the day's range is entirely within the Initial Balance or the first one hour of the day.. The benefit of recognizing a normal day early helps you in not anticipating a directional move for the […]
OrderFlow from Monday’s trade
We had a Neutral extreme day in NF and a normal variation in the BankNifty today. The larger OrderFlow swing trades are still running and are up over 70 points in the NF and about 400 points in the BankNifty In my post on Friday I mentioned Incidentally it is […]
Profile check- 28/05
Here is the Profile chart on the Nifty May future We had a neutral extreme day in the markets today.. The closing was on a spike higher. Generally such days require an open above the day high for continuation the next day. Should that not be the case, the spike zone can […]
Euro/Dollar
Now that we have made new 2012 lows in the Euro/ USD pair, let's look at what lies below. Data courtesy Viren ( @virenrasquinia) 1) 1.3050 worked as support in April 2012 and also in March, 2) 1.2873 is the previous 2011 low set in January 3) 1.2660 was a double […]
OrderFlow from Friday
Here are the OrderFlow charts of Friday''s session. The day was similar to Thursday's auction. What is standing out to me is the fake move lower immediately after the IB is over which is not followed by a move in the BN below IB. This is designed to […]