Market Profile Analysis dated 22nd May
Nifty May F: As mentioned in yesterday’s report, NF stayed above 11715 and went on to make a nice balance between 11715 to 11833 giving a Gaussian profile and an inside bar for the day as NF completed the 3-day balance (chart given below) before the much awaited Election Results Day from where it could […]
Order Flow charts dated 22nd May
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 22nd May (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