Market Profile analysis dated 04th Oct
A gap down and a test at the open for the probe which attempted a quick move higher was rejected early and the Nifty closed at session lows in a Normal Variation day. We hot the lows of the May composite today and the path of least resistance remains lower. On the higher side any […]
Order Flow charts dated 04th Oct ( 5 mins)
Many traders are used to viewing volume as a histogram beneath a price chart. But the OrderFlow approach shows the amount of volume traded during each price bar, and also it breaks this volume down into the Volume generated by the Buyers and the Volume generated by the sellers again at every row of price the market traded […]
Order Flow charts dated 04th Oct
Timing is the key to successfully trade the markets in the shorter time frame. Order Flow is one of the most effective methods to time your trades by seeing exactly what the other traders are trading in the market and positioning your bias accordingly. Order Flow is the most transparent way to trade and […]
Market Profile charts dated 04th Oct
Market Profile gives clarity to the volatility of the markets. If it is backed by volume, then the move is supposed to be good and would stick. And Market Profile displays the exact levels where volume-backed volatility occurred When you trade with Market Profile, you in effect get a new and more powerful way to […]