We have started projecting Orderflow charts for Copper and Gold from our trading room.
These charts will be displayed along with the Nifty and the BankNifty futures in NSE regular hours. However when NSE closes at 3.30 pm, these charts will be streamed live uninhibited right upto 11.30 pm when MCX closes.We plan to add crude Oil and Silver Mini orderFlow charts during the course of this week.
Here is the signal generated today :
Copper :
We got a great sell signal in copper at 438 which at the time of this post has gained over 4 points.The sell signal is still on and copper can go lower.
1 point equals 1000 bucks and the SPAN is less than the requirement of an NSE future.
Gold :
Gold Sold off in the morning and OrderFlow was quick to latch onto the sell signal.
At the time of this post, it’s shooting higher on track for the 80 % rule, so popular amongst us profilers. The Buy signal has appeared right at the time to go for the 80% rule to VAH.
Yes Market Profile works everywhere, and aren’t we glad we have a trading system which works in all markets !
