Market Profile Analysis dated 31st Dec
Nifty Jan F: NF opened with a gap up of more than 50 points & made a freak high of 10985 at open after which it probed lower & got back into previous day range confirming an ORR (Open Rejection Reverse) start which meant that wide POC of 10920 could be tagged as prominent POCs […]
Order Flow charts dated 31st Dec
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 participants […]
Order Flow charts dated 31st Dec (5 mins)
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. NF BNF
Weekly charts (24th to 28th Dec) & Market profile analysis
Nifty Spot Weekly Profile (24th – 28th Dec) Nifty Spot in the previous week gave a Neutral Extreme Profile Down & the reference for this week’s open was 10738-10790 (read last week’s post here) & the open on Monday was right at the upper end of this reference with an almost OH start which meant […]