OrderFlow 15/05
Here are today's OrderFlow charts. We had two signals in the NF and the BN today, both buy signals and both came above IB high. Potentially profitable signals which had to be taken as we were above vwap/ dpoc and IB high.
Retracement analysis
One of the things we use to define trends and see changes to trends if any is to see the retracement of price and measure how much it is changing from it's dominant nature. Thus if the movement is down, measuring the bounces off the lows and seeing them for the magnitude as well […]
Profile check
Here are the charts of NF and BN from yesterday's trade. Charts are annotated.