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 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
Room Chat
09:30 Shai : (09:30) Shai : Intra – Buy 29600 ce at 250-255 sl of 160 tgt 420
09:51 Shai : (09:51) Shai : 29600 ce stopped. Make an exit
10:13 Shai : Intra – short BNF near 29190- 210 sl of 29360 tgt 28770
10:18 Shai : (10:18) Shai : Exit the BNF at 29200 near cost. Too volatile
11:06 Shai : Intra – short NF below 11573 sl of 11599 tgt 11540/ 11510 cmp 11582 short below
11:25 Shai : NF at 10556. Book half here and ride some
12:18 Shai : Intra – Buy NF abv 11558 sl of 11534 tgt 11590. Buy abv only*
12:44 Shai : (12:43) Shai : Intra – short BNF below 29250 sl of 29375 tgt 29050
13:05 Shai : Intra – short BNF near 29330-340 sl of 29410 gt 29144
13:10 Shai : BNF 29270 . Book half here and ride some at cost
13:43 Shai : Intra – Sell BNF 28960-980 sl of 29230 tgt 28750
13:47 Shai : (13:47) Shai : BNF 28760 – If in short book here
14:12 Shai : Intra – Sell BNF near 28530 sl of 29650 tgt 28220
14:20 Shai : (14:20) Shai : Those in BNF close out
(14:20) Shai : avoid new sells
09:00 Shai : Gm all
09:02 Shai : https://vtrender.com/market-profile-analysis-dated-30th-september/
09:05 Nishchal : GM All
09:07 Shai : This link -++1 : https://vtrender.slack.com/archives/C0F31QRN3/p1569895145013300
09:09 MJ : Good morning Shai.
09:09 MJ : @Suyog if you’re here. Great stuff with mplite.
09:10 Uttam : Good Morning All 🙂
09:12 Uttam : yes Shai (09:07) Shai : This link -++1 : https://vtrender.slack.com/archives/C0F31QRN3/p1569895145013300 the ase with which we can watch the straddle & strangle combos is simply unbeatable
09:12 Uttam : ease*
09:12 Uttam : woderful stuff yet again @Suyog
09:14 Uttam : boom boom start for Suyog 🙂
09:15 Suyog : hey guys.. GM..
09:16 Suyog : thanks a lot _/\_
09:17 Suyog : hope these charts help with trading.. please keep sharing feedback.. keeps me motivated and also keeps ideas flowing through my head for future features..
09:17 Suyog : as for markets, dont think they have been quite any time whenever i announced anything on mplite 🙂
09:18 Shai : 🙂
09:18 MJ : They are giving you ideal testing environment.
09:18 Shai : BNF for 29900 today
09:19 Uttam : yes Shai, above the POC of a yesterday’s ‘b’ profile
09:19 Uttam : BNF looking good
09:19 Uttam : NF also above 11591 on for 11628-634
09:22 Dr Prajwal null : od??
09:25 Uttam : nope
09:25 Uttam : vols not that good for a drive
09:25 Uttam : but if stays above PDH could get more vols
09:26 Uttam : for BNF it needs to stay above 29580
09:29 Boppanna : +1
09:30 Shai : Intra – Buy 29600 ce at 250-255 sl of 160 tgt 420
09:30 Shai : Plan for the day – (09:18) Shai : BNF for 29900 today
09:35 Nidhi : Hi all, I have joined today
09:35 Uttam : welcome to VT Nidhi 🙂
09:35 Nidhi : This call didnt go below 256, should be bought or wait for the entry price
09:36 Uttam : I kept one part at 258 so that got in
09:36 Shai : trade around – you will never get accurate prices
09:36 Uttam : do not chase but can look to enter part if price keeps moving away
09:36 Shai : idea is to trade a view and a zone
09:36 Uttam : +1
09:37 Nidhi : Should the stop loss be put into the system or wait for exit message
09:37 Shai : what does the welcome kit say? Please follow the given rules
09:37 Nidhi : ok
09:39 Shai : 29757 is where yeterday’s first selling is
09:39 Shai : above that in B is a clean 150 points
09:40 Shai : 11610 supply zone in NF
09:45 Shai : Hold the CE
09:45 Shai : 29340 is a supp
09:46 Shai : will exit if broken
09:51 Shai : 29600 ce stopped. Make an exit
09:55 Vasu : as per my little understanding …it is going to test 11445 ??
09:55 Vasu : does my take away right ?
09:56 Shai : 11480
09:56 Shai : Looking for a bounce first
09:59 Shai : BNF likking all morning longs
10:00 Uttam : this is getting bad looks like
10:01 Shai : 11480 cominmg
10:06 Shai : 11480
10:06 Uttam : 425 to 600 29400pe booked 50% recovered morning hit & saome more
10:06 Uttam : holding rest with TSL
10:06 Shai : once bounce would have given a short entry
10:06 Shai : nice
10:06 Uttam : failed moves give big moves
10:07 Uttam : thanks Shai _/\_
10:08 Uttam : BNF one for 28820
10:09 Boppanna : +1 Uttam just put covered some wounds with a 29kpe when this broke09:45 Shai : 29340 is a supp
10:12 Boppanna : BNF behaving like jittery bride and NF looks like a confident groom
10:12 Suyog : nifty still in balance.. banknifty below balance.. could test trend day vwap? and lead nifty too? just some charts to watch..
10:12 Suyog : https://mplite.vtrender.com/?symbol=NIFTY_E31-10-2019&tf=daily&tpo=6&isComposite=1&sp=1&startDate=23-09-2019&endDate=30-09-2019&nDays=6
10:13 Suyog : https://mplite.vtrender.com/?symbol=BANKNIFTY_E31-10-2019&tf=daily&tpo=12&ivp=1&sp=1&startDate=&endDate=&nDays=8&dstr=1:1:5:1
10:13 Shai : 29210
10:13 Shai : Intra – short BNF near 29190- 210 sl of 29360 tgt 28770
10:14 Shai : volatile – trade small
10:18 Shai : Exit the BNF at 29200 near cost. Too volatile
10:18 MJ : shai anything in options that you see?
10:19 Shai : option players are the mice MJ. They run behind the cheese. The cheese is Futures
10:20 MJ : 🙂
10:20 MJ : Okay.
10:20 MJ : Nice analogy chief.
10:21 Uttam : 29000 OI needs to get going for more downside
10:21 Shai : 29340 now supply BNF
10:21 Shai : auction advertising here
10:21 Shai : caught us upside down in BNF
10:22 Shai : Thought that this guy covered at open and hence had a long bias – (09:39) Shai : 29757 is where yeterday’s first selling is
10:24 MJ : 11590 – 11607 had smart supply creeping in.
10:25 Boppanna : That drop was too quick just at the end of A in BNF options got very volatile
10:25 MJ : And you shared 11610 supply zone.
10:25 MJ : +1 bopp
10:27 Uttam : both resisting at yVAL
10:27 Uttam : time for next move down?
10:35 Vasu : 11445- may touch
10:35 Uttam : that HVN of 11480 giving sup for now
10:36 Shai : 29360 due sl of 29000
10:40 Uttam : super Shai +1
10:41 Uttam : TSL hit in that 29400pe remainign at 450
10:41 Boppanna : Morning wounds covered
10:41 Uttam : 29363 🙂
10:44 Uttam : both at VWAP after getting above yVAL in this attempt
10:44 Uttam : 11560 & 29500 ref on upside
10:46 Uttam : super coverng in BNF
10:47 Uttam : COT from -1.5L now just -41k
10:47 Uttam : (10:44) Uttam : 11560 & 29500 ref on upside
10:47 Uttam : boom boom
10:47 Uttam : crazy
10:47 Boppanna : Ready to walk the aisle :)10:12 Boppanna : BNF behaving like jittery bride and NF looks like a confident groom
10:47 Uttam : NF ta PDH
10:47 Uttam : BNF negotiating yVWAP to tag that 29500
10:49 Uttam : NF for 11618 looks like
10:49 Uttam : needs to get above 11591 again
10:49 Boppanna : Day COT BNF getting +ve from -1lk BNF
10:49 Uttam : 1L COT in this 5min bar?
10:50 Shai : too fast too furious
10:52 Boppanna : Shai BNF low looks secure?
11:00 Prakash : @Shai is there a NF shorting opportunity
11:00 Prakash : around 11580
11:02 MJ : mouse is all over the place for the cheese.
11:03 MJ : Options moving so fast.
11:03 Shai : for 29640 now
11:03 Vasu : ”
11:04 Shai : 11610 sl if shorting NF here may hokd 11546
11:06 Shai : Intra – short NF below 11573 sl of 11599 tgt 11540/ 11510 cmp 11582 short below
11:12 Shai : NF in
11:13 Shai : BNF lost 200 in 5 mins
11:13 Shai : Not sure wht mood it is in
11:16 Boppanna : Uttam what you planning in BNF?
11:16 Uttam : reversed from 29495 (10:47) Uttam : BNF negotiating yVWAP to tag that 29500
11:17 Uttam : other way round Bops 😉 BNF needs to show what it is planning (11:16) Boppanna : Uttam what you planning in BNF?
11:19 Uttam : 11560 is minor support in NF
11:19 Uttam : holding for now
11:19 Boppanna : hmm vwap yPOC aligned BNF
11:21 Boppanna : better it spends some time here and make peace before its next move
11:22 Uttam : tom dry day so both seem drunk today only ;-p
11:23 Boppanna : lol
11:24 Shai : NF at 10556. Book half here and ride some
11:26 Boppanna : 14k red at the bottom BNF
11:26 Uttam : 11556*
11:29 Shai : exit the balance qty in NF shoirts
11:49 Pankajkunwar : Nothing is going to happen today.ping pong in ib
11:49 Boppanna : After look below ..One more check 11:16 Uttam : reversed from 2949511:26 Boppanna : 14k red at the bottom BNF11:19 Boppanna : hmm vwap yPOC aligned BNF
11:54 Shai : +1 Pankay
11:55 Shai : Pankaj*
11:55 Shai : you read it right
11:57 Pankajkunwar : only some small opportunity with risk element
11:59 Pankajkunwar : since till now value forming higher, shall keep positive bias within the limited opportunuty
11:59 Pankajkunwar : only
12:02 Shai : biogger bracklet takes precedence over day value
12:02 Shai : we are in a DD and bracket rules run over weekly and daily
12:16 Pankajkunwar : added 11500 ce at 179
12:18 Shai : Intra – Buy NF abv 11558 sl of 11534 tgt 11590. Buy abv only*
12:20 Shai : didn’t come up
12:20 Shai : 11522 supp
12:23 Uttam : this one played out perfectly Shai 🙂 just that the volatility gave few spikes (11:06) Shai : Intra – short NF below 11573 sl of 11599 tgt 11540/ 11510 cmp 11582 short below
12:23 Uttam : 11515 low
12:24 Uttam : 0s in NF at 11540
12:24 Uttam : looks like going for a trip to 11496?
12:25 MJ : 29082 coming shai?
12:27 Uttam : 29240 imp level here in BNF
12:43 Shai : Intra – short BNF below 29250 sl of 29375 tgt 29050
12:44 Mudita : why below 29250?
12:44 Shai : Ignore the NF buy abv call. Did not execute.
12:45 Shai : That last bit of transition volume is 292450 265 zone
12:46 Shai : short safe below it only
12:46 Mudita : is it bcos 30 min OF chart has POC around that level
12:46 Mudita : ok (12:45) Shai : That last bit of transition volume is 292450 265 zone
12:47 Shai : always look at the 5 min charts
12:47 Shai : see those 4 bars almost 0 cot
12:47 Shai : transitioon was happening
12:59 Uttam : some stuck buyers in BNF looks like?
13:05 Shai : Intra – short BNF near 29330-340 sl of 29410 gt 29144
13:10 Shai : BNF 29270 . Book half here and ride some at cost
13:10 Shai : Igniore the other sell below trade
13:15 Shai : BNF 29240. Book fully
13:16 Boppanna : BNF let go of the MB low pls
13:17 Boppanna : Nice Trade Shai
13:25 Shai : -41k cot came from 28240 tranbsition zone
13:25 Shai : 29240*
13:30 MJ : 29088 thus far. (12:25) MJ : 29082 coming shai?
13:31 MJ : done
13:33 Shai : +1
13:33 Shai : 28770 visible
13:33 MJ : Aye.
13:35 Uttam : fresh reds?
13:38 Prakash : any fresh trades..??
13:40 Boppanna : Nifty Spot gap closed
13:43 Shai : Intra – Sell BNF 28960-980 sl of 29230 tgt 28750
13:43 Shai : just moved away
13:44 Shai : don;lt chase
13:44 Shai : looking for this – (13:33) Shai : 28770 visible
13:45 Uttam : 28820 here 2atr from that FA
13:45 Uttam : sorry 28855 still low
13:45 Uttam : but should come now
13:45 Uttam : gonee
13:46 Uttam : OF shoed this (13:35) Uttam : fresh reds?
13:46 Shai : NF ready for 11388
13:47 Shai : BNF 28760 – If in short book here
13:48 Shai : this one – (13:25) Shai : -41k cot came from 28240 tranbsition zone
13:48 Shai : 41 was always going to be big
13:48 Uttam : yes Shai that started this new leg
13:48 Uttam : those guys covering here looks like?
13:48 Uttam : 26k COT in this bar
13:48 Shai : NFG has 11470 sl for a trade to 11388\
13:49 Shai : (13:46) Shai : NF ready for 11388
13:51 Shai : Most of you must have missed that BNF short, but can’t help it. These are quick markets and they will not wait for you and me!!
13:51 Shai : BNF boucne due once
13:51 Shai : we will short the bounce
13:52 Shai : NF stays a short below 11470 F ow
13:52 Shai : tgt 11388
13:55 Shai : 11452 trail for 11388
14:00 Vijay : Nf nice trade shai
14:00 Shai : 11401 trail\
14:00 Shai : tgt 11352
14:00 Uttam : 11274 coming in Spot below 11381 had told this yesterday
14:01 Uttam : 11291 so far
14:01 Prakash : Wow @Shai
14:01 Shai : 11357 came . Book fully if in
14:01 Prudhvi : give one bounce
14:01 Suyog : bnf tags the trend day vwap. and more.. 20th sep profile..
14:01 Uttam : that 29400pe I booked at 600 is now 1320
14:01 Shai : BNF is bad
14:02 Uttam : yes 28550 broken with ease
14:02 Jitender : 1000bps drop…my hypo of 840 n beyond…
14:02 Jitender : awesum stuff
14:02 Jitender : joined n already in multiples
14:02 Jitender : hi all
14:02 Uttam : 11300 is the vpoc in NF
14:02 Shai : close out
14:02 Shai : recovery can come
14:03 Jitender : Uttam..u shot the bulls by mistake ?
14:03 Uttam : no Jit they did mass sucide 😉
14:03 Jitender : haha
14:04 Jitender : 2.01 bought 29.6pe at 370 n 2.02 pm sold at 553
14:04 Jitender : aur kya chaihiye
14:04 Shai : 28218 to 28600
14:05 Shai : mad mode\
14:05 Shai : short 28760 sl
14:07 Shai : exit 28526
14:08 Shai : ready to lod at 28760
14:09 Uttam : 11261 coming in NF today
14:09 Uttam : ?
14:10 Uttam : needs to break & stay below 11330
14:10 Shai : gping down for 28220 again
14:11 Jitender : https://vtrender.slack.com/archives/C0F2VRTPW/p1569919287012200
14:11 Jitender : (14:04) Jitender : 2.01 bought 29.6pe at 370 n 2.02 pm sold at 553
14:12 Shai : Intra – Sell BNF near 28530 sl of 29650 tgt 28220
14:12 Shai : sell neasr the 530 zone
14:19 Shai : 28290- (14:10) Shai : gping down for 28220 again
14:20 Shai : Those in BNF close out
14:20 Shai : avoid new sells
14:27 Uttam : COT from -67k in BNF to 1.1L green now
14:28 Shai : first time bounce was 400 on the COT- (14:02) Shai : close out(14:02) Shai : recovery can come
14:29 Shai : second one is up from 28300 by 300 already – (14:20) Shai : Those in BNF close out
14:30 Shai : was a lesson to newbies this move that you have to be fast, and that markets will keep getting faster than this
14:30 Shai : only quick thinking and quick execution will save you
14:31 Shai : tom is a market holiday. Go through the OF videos and sharpen your edge
14:37 Jitender : 28.6pe 332-441
14:38 Jitender : whatta a mrkt since tax cut day
14:38 Jitender : tax cut close was 11274 spot
14:42 Jitender : Shai below 28300 spot…anthr 1000 open up ?
14:51 KK : NF gap filled
14:52 KK : SPot NF 11279 was the close of tax cut day
14:56 Shai : Intra – short BNF 28740- 28750 sl of 28795 tgt 28540
14:56 Shai : 50 poinmt SL at prev 28760 chosen zone
14:57 Shai : sl taken
15:00 Jitender : dii woken up’
15:02 Shai : 27722 can come – (14:42) Jitender : Shai below 28300 spot…anthr 1000 open up ?
15:02 Shai : 29200 new supply zone
15:02 Shai : spot**
15:07 Jitender : tx
15:10 Shai : 11440 F supply
15:12 Shai : 11470 -11440 wall for thurs
15:12 Shai : 11440- 11310 zone\
15:23 Suyog : dont want to boast about it, but.. (09:17) Suyog : as for markets, dont think they have been quite any time whenever i announced anything on mplite 🙂
15:24 Shai : haha
15:24 Shai : 🙂
15:24 Shai : So we need you to make one announcement a day
15:24 Suyog : HDFC bank was the only thing that kept index up.. 🙂
15:25 Uttam : markets also wanted to test MPLite
15:25 Shai : This is so handy – https://mplite.vtrender.com/idxtable/
15:25 Suyog : lol, why not? if it works 😉
15:26 Uttam : 700 point jump in BN spot from lows
15:26 Suyog : +1 _/\_ (15:25) Shai : This is so handy – https://mplite.vtrender.com/idxtable/
15:28 Shai : (15:12) Shai : 11470 -11440 wall for thurs
15:28 Shai : 11449- 11445
15:28 Uttam : yes thats the weekly IBL too
15:28 Shai : anything abv 11470 will force short covering
15:28 Uttam : 29105 in BNF
15:28 Shai : then we can see 11550 also
15:29 Uttam : official gap close done
15:29 Uttam : firts day of new month has tested previous VAH so can start trending higher
15:29 Uttam : but lets see how it goes
15:29 Uttam : RBI on Friday
15:29 Shai : yes
15:29 Shai : Bye all
15:29 Bhavani : bye
15:29 Shai : Have a nice evenin
15:29 Shai : Catch up Thurs
15:29 Uttam : thanks all 🙂 have a wonderful mid week break
15:32 Nishchal : Bye All