Nifty daily stats ( 1 )
Here are some stats on the daily movement of everyone’s favorite trading instrument- The Nifty. If you are an intra day trader or carry positions at STBT or BTST then you need to look at these charts again. The charts are smoothed using an SMA to 3 to even out the data. […]
Spike Rules
How do we trade a Spike? Here are some simple rules to trade a spike Upward spike A price opening below an upward spike would be considered negative since the price probe or spike was rejected leaving a selling tail. An upward spike rejected can be used to sell into the market with […]
Of Failed Auctions and revisits ( FA )
In Market Profile we see the movement of price as an auction between buyers and sellers negotiating value during the day, across time frames. This is an important concept in Market Profile and a good understanding of this concept can clear the way to understand many more concepts in Market Profile Trading strategies. It’s important […]
Steidlmayer Distribution
Navigating Market Movements through Steidlmayer Distribution In the complex world of trading, the markets serve a fundamental role: facilitating trade across various time frames. This continuous exchange is akin to a vast, ever-evolving auction where understanding the dominant time frame can be pivotal in navigating price movements effectively. Enter the concept of Steidlmayer Distribution, a […]
Market Profile-Day types
What are the different types of days we see in Market Profile? The Market Profile represents a few different types of days. A good understanding of the different day types and your ability to spot the kind of day developing by 11.30 am or even by 1.00 pm gives you a very big edge […]
Market Profile Terminology
What is the Market Profile? Market Profile offers a fresh, three-dimensional way to look at trading, going beyond the usual price-focused charts like bars and candles that most traders are familiar with. It brings Price, Volume, and Time together on one chart, providing a richer, fuller picture of market activity. Here’s how it works: Price […]