Market Profile analysis dated 16th Oct
We had a Neutral Extreme close yesterday on the Nifty. The auction of today accepted above the Neutral extreme highs very early in the session and there was no case of the sellers getting on the offensive once Buyers assumed control over VAH. This is simple Market Profile and is basic to understand control of […]
Order Flow charts dated 16th Oct (5 min)
Order flow trading is thinking about what order market participants do and when you think along this, you can anticipate what kind of action they will be taking in the market. This is a very important concept in order flow. Market participants always look for the weaker side of the market, so both buy and […]
Order Flow charts dated 16th Oct
Many traders are used to viewing volume as a histogram beneath a price chart. This approach shows the amount of volume traded below the price Bar. The Order Flow approach is to see the Volume traded inside or within the price bar, an important distinction. Order flow trading is thinking about what order market […]
Market Profile charts dated 16th Oct
The Market Profile is a unique charting tool that enables traders to observe the two-way auction process that drives all market movement The market value area is especially important for day traders to identify. It guides short-term traders to the price levels where the greatest volume of trading is taking place. To know […]