Chat History -11/05
I'll be posting the chat transcripts every day after the market closes. [08:50] r m: Good Morning folks! [08:53] Pasi C: GM all [08:53] Pasi C: hi rm [08:54] r m: IIP Numbers due today [08:54] r m: Hi Pasi *** Shai C, Welcome to the Vtrender conference room! [09:03] Shai C: GM all [09:11] […]
OrderFlow 10/05/2012
Following many requests to post the OrderFlow charts daily, I will start posting these everyday in this section. The Profile charts we would move to the main blog till we find a better way of doing this I'll also try to share one important aspect of the charts everyday. The Nifty […]
Profile check 10/05/2012
Following the neutral day of yesterday we had a double distribution day today with an upper distribution in the spike zone of Tuesday and a lower distribution which went on to hit the High volume node near 4950. Once again today's auction like yesterday confirms the presence of buyers and sellers in equal […]
Micro composite update
The chart above shows a Micro Composite in Purple on the right pitched against the larger composite profile in rainbow colors on the left. The micro composite is volume profile of the breakdown of the balance zone of April. There is a vwap added in blue with it's standard deviations. That […]
Neutral
Today was the first day we saw in the markets evidence of the imbalance which had started on the 4th of May ending. There was equal strength in the two way auctions of today with a fair close at the day's DPOC. In market profile terms it was a neutral day. The close […]
09/05/2012
From yesterday's post : The lack of a buying tail was evidence that there were no new buyers in the activity of today, just closure of shorts, which makes one believe that these would come back at higher levels. We also saw that the upmove was on short covering and as stated in […]
Composite picture
Updated composite of the Profile, The larger rainbow profile is from January end on the extreme left. The middle profile is from March end and shows the profile of the balance The profile on the extreme right is the sell off from last Friday away from the balance zone. The vwap is also […]
08/05/2012
If Greece drove the market lower at the open, the FM's GAAR clarification pulled the indices back above friday's close. At the close, the profiles were b shaped in both the BN and the NF with a close at the upper end which indicated that shorts closed their positions as the market […]
Do the Math
It's a known fact in market profile that periods of imbalance produce big gains and are worth the wait, in the balance zones which produce sideways moves. After over a month of sideways motion in a 150 points range, we have had two big days which have produced amazing results for day traders. […]
07/05/2012
On Friday we broke convincingly below the balanced profile from 24/04 we had talked about in this post here : http://www.vtrender.com/content/04052012 The open below the CHVN's ( composite High volume node) of 5212 and the CHVN of BN at 10130 was to be confirmed with a break below the range at 5166/55 which was […]