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
08:45 Vtrender Live : option charts – https://join.me/984-710-778
08:46 Vtrender Live : 30 min charts – https://global.gotomeeting.com/join/351905517
09:01 Shai : GM all
09:01 Uttam : Good Morning All 🙂
09:01 Uttam : welcome back Shai 🙂 hope you had a nicr break
09:01 Shai : Good to be back in the room 🙂
09:01 Shai : Thank you Uttam :). Yes I did
09:02 Shai : https://vtrender.in/market-profile-analysis-dated-28th-dec/
09:02 Uttam : great
09:02 Shai : https://vtrender.in/market-profile-analysis-dated-28th-dec/
09:03 Shai : https://vtrender.in/weekly-charts-24th-to-28th-dec-market-profile-analysis/
09:07 Shai : Last day of the year 2018
09:09 Jitender : Gm Folks 🙂
09:09 Jitender : Hi Shai…good 2 c u back+1
09:09 Shai : Thank you Jit
09:09 Vijayakumar : Gm all
09:10 Uttam : Shai island reversal in USDINR confirmed on Friday? headed lower from here?
09:11 Vijay : GM All
09:11 Shai : ON the last day of 2018, it’s my gut feel that 2018 will go down in history as the year that the bubble burst across europe and the US and all assest classes. EM is still there on the edge
09:11 Vinay : gm..shai..utam..jit//vijaykumar…vijay
09:12 Jitender : Gm Vinay
09:14 Vijayakumar : Gm all
09:16 Shriram : Good Morning all !!!
09:17 Uttam : both NF & BNF above the highs of the ‘p’ profile of Friday
09:17 Uttam : strong change of monthly close as a doji today in Nifty
09:18 Uttam : chance*
09:18 Ravi : GM all
09:19 Uttam : 10930 was the monthly open in Nifty
09:19 Uttam : and it has already made an outside bar on monthly
09:21 Uttam : above 10960 NF can go for that 10995 ext handle
09:21 Shai : +1
09:21 Shai : for now that test of 10920
09:21 Uttam : yes 10920 needs to hold
09:25 Shai : 10923 here – (09:21) Shai : for now that test of 10920
09:26 Uttam : +1 Shai
09:27 Boppanna : +1 Shai BNF 290?
09:27 Shai : BUyers are not there yet
09:27 Shai : esp BNF
09:28 Shai : 27255 can come in BNF
09:28 Uttam : ORR in both Shai?
09:29 Shai : ORR
09:29 Shai : 10880 for th taking here
09:29 Uttam : yes test of singles at 10897 coming
09:34 Ravi : @Uttam at what level this will be invaliadted for short
09:34 Ravi : (09:29) Uttam : yes test of singles at 10897 coming
09:35 Uttam : 10950 plus needs to stay below 10932 NF
09:35 Ravi : TQ @ Uttam
09:35 Shai : Above P high Ravi
09:35 Ravi : Tq Shai
09:35 Shai : trade is getting accepted in Friday’s value again
09:36 Shai : should test 897 P lows and 880 previous vpoc
09:39 Boppanna : 26100pe , 100-130 , BNF Below 290 to Shai’s , 290 defended for now looks like 25509:27 Boppanna : +1 Shai BNF 290?
09:40 Boppanna : soryy 27100pe
09:44 Uttam : dpoc shifting lower in NF?
09:47 Shubro : Uttam 80% rule that NF will move into fridays range?
10:01 Shai : lows are not yet secure in both for intra
10:01 Shai : BNF has a nice RS at 27345
10:02 Shai : RK is on leave today and tomorrow, so we won’t be sending out trade alerts today.
10:02 Manish : shai, question: only rk will be sending out trade alerts from now on or both you and rk ?
10:06 Shai : RK for intra
10:07 Himanshu : hi shai.. so u will be giving poistional trades only?
10:09 Shai : yes
10:10 Himanshu : cool..shai
10:10 Uttam : (09:44) Uttam : dpoc shifting lower in NF? dPOC at 10928 now in NF
10:10 Shai : massive slwodown in the auction
10:10 Shai : B is only 20
10:11 Uttam : expected Shai?
10:11 Shai : within A also
10:11 Shai : yes
10:11 Shai : see that big drop in volume in 30 mins
10:11 Uttam : yes vol bar hardly seen in the B
10:23 Jitender : looks like sum Fii sold at open to sq up n went home
10:28 Shai : 🙂
10:28 Shai : opp of friday is today’s profile
10:29 Uttam : yes ‘b’ forming and both stuck between the vwap of today & Friday
10:31 Ravi : @Uttam what is the white line in OF chart
10:33 Uttam : looks like max vol for that bar
10:33 Ravi : Tq @Uttam
10:39 Jitender : if we dont take out today’s hi by 3rd Jan…we will have a clr shrt for 10530 odd…probability
10:39 Jitender : n 26830 in bnf
10:40 Jitender : if we do..ten all iz well
10:43 Shai : yes definitely excess today – but confirms only at close
10:43 Jitender : sgx is the spoiler..in any tech ..post Dec 11
10:44 Jitender : once mkt opens..its a diff game
10:44 Uttam : vols building at 10925 in NF & C has made a double inside bar
10:46 Jitender : Dt done
10:47 Uttam : greens at vwap
10:47 Uttam : COT 20k
10:49 Jitender : posting last screenshot of 2018….https://vtrender.slack.com/archives/C0F2VRTPW/p1546233557000100
10:49 Jitender : just 2 remind everyone..if a technically challenged guy like me can do it….u also can…n VT is the best place to earn…
10:49 Jitender : n learn
10:50 Jitender : never let go of yr spirit n risk management…
10:50 Jitender : Wishing all a very prosperous New Year
10:50 Shai : Cheers Jit
10:51 Shai : Wish you a HNY 2019 too
10:51 Jitender : +1
10:51 Uttam : congrats Jit & keep rocking
10:51 Santhanam : +1 Jit
10:51 Shai : that 38K cot is sellers losing it
10:51 Jitender : adios guys…c u in the new year
10:51 Uttam : yes SL above vwap that 17k green
10:52 Uttam : cya Jit & Happy New Year in advance
10:52 Ravi : @Jitender if poosible u can post entries here if u have time after taking trade so that it will be helpful for newbies
10:52 Jitender : tx guys
10:52 Ravi : (10:49) Jitender : just 2 remind everyone..if a technically challenged guy like me can do it….u also can…n VT is the best place to earn…
10:53 Jitender : Ravi…tat will confuse u….coz tey wud be price based…but bought the first rise..ten the first dip..n ten the last one to 290
10:53 Uttam : (09:44) Uttam : dpoc shifting lower in NF? This was the first sign that downside could be stalling
10:53 Santhanam : Wishing everyone in our room a peacefull and profitable 2019
10:53 Uttam : if the seller remained in control the dPOC would have rermained higher at 10962
10:53 Jitender : Ravi…sent u on dm
10:54 Ravi : ok Jitender Tq
10:54 Jitender : just dm me on slck
10:54 Uttam : so for now we have a ‘b’ profile in both
10:55 Manish : jit, wish you a very happy new year.
10:55 Jitender : tx M..wish u n all the same
10:57 Uttam : NF pull back high exactly at Friday high of 10946
10:57 Uttam : so the ORR still in place
10:58 Uttam : same with BNF pull back high at 27350 exactly the high made on Friday
11:06 Uttam : (09:10) Uttam : Shai island reversal in USDINR confirmed on Friday? headed lower from here?
11:16 TP : GM All.
11:16 Uttam : hey Tej loggin in now or taking a break now 🙂
11:17 TP : came in too get my share of dt 😉
11:17 Vijayakumar : uttam ,can we consider this ‘b’ profile is bullish
11:17 Vijayakumar : ?
11:17 Shai : TP is here , so liquidity should rise 🙂
11:17 Uttam : lol +1 Shai
11:17 TP : chief wc back , liquidity moves with you 😉
11:18 TP : p and b to close the year 😉
11:18 Uttam : RK would have played his dVAH to dVAL trade today intra in NF
11:18 Uttam : 10940 to 1020
11:18 Uttam : 10920*
11:18 Uttam : ‘b’ profile set up
11:18 Shai : @vijayakumar a b profile is long liquidation so longs coming out of the market, = not bullish
11:18 Shai : thanks TP. 🙂
11:19 Vijayakumar : thanks shai
11:19 Vijayakumar : for the guidance
11:19 Shai : it is to be confirmed end of day though
11:19 Vijayakumar : i am sure i will learn MP this 2019 with your guidance
11:20 Shai : #USDINR 70.15 is intra res
11:21 Uttam : 11k red getting stuck in NF at 10925?
11:22 Shai : don’t see a island- (11:06) Uttam : (09:10) Uttam : Shai island reversal in USDINR confirmed on Friday? headed lower from here?
11:22 Shai : 69.90- 70.60 bracket still in USDINR F
11:22 Shai : day 8 today
11:23 Uttam : looks like getting resisted at 69.9 today?
11:23 Uttam : after probing lower?
11:24 Uttam : sorry 69.9 is the spot price but Fut
11:25 Vijayakumar : dear shai,i would like to take positions this month
11:25 Uttam : (11:18) Uttam : 10940 to 1020(11:18) Uttam : 10920* Done
11:25 Vijayakumar : rathan than intraday trades
11:25 Vijayakumar : pls do guide me
11:26 Uttam : 23k red at 10918
11:26 Shai : we will wait for the big money to return on wed and thurs for a positional play
11:26 Uttam : morning buyers getting out?
11:26 Uttam : COT -36k
11:28 Uttam : NF low 10917 same as Friday vwap
11:28 Ravi : @Uttam can we go long as per 80% In NF
11:28 Uttam : @Ravi it is trading between the 2 vwaps
11:29 Uttam : as mentioned before
11:29 Ravi : ok
11:29 Uttam : 10950 was res & it made a high of 10945
11:29 Vijayakumar : sure Sha
11:29 Vijayakumar : Shai*
11:29 Uttam : and from there low of 10917
11:29 Vijayakumar : i will wait
11:29 Ravi : ok Uttam Tq
11:29 Uttam : if we do not extend IB to the downside here then profile will continue to be a ‘b’ & revisit to 10945 could come
11:30 Ravi : about invalidation downside Uttam (11:29) Uttam : if we do not extend IB to the downside here then profile will continue to be a ‘b’ & revisit to 10945 could come
11:30 Uttam : no downside for now till IBL breaks
11:31 Uttam : downside probe done
11:31 Ravi : Ok Tq Uttam
11:31 Uttam : if breaks IBL then we can see 10897 & 10880
11:35 Porus : buy stops taken i nf?
11:35 Porus : 72k
11:35 Shai : yes
11:36 Shai : liquidity issue
11:36 Shai : could mean the end of the downmove
11:36 Uttam : +1 Shai
11:36 Uttam : green box also here
11:36 Uttam : plus pink band in PE & green band in CE
11:37 Shai : yes definitely a program buy
11:37 Shai : pre planned
11:37 Shai : he swamped eveything
11:37 Uttam : pink band in PE has been negated though
11:37 Shai : 80% done
11:37 Uttam : yes
11:38 Shai : now secure – (10:01) Shai : lows are not yet secure in both for intra
11:38 Uttam : +1 Shai
11:38 Uttam : BNF still contacting here
11:38 Vijayakumar : i could see the 16580 in yellow colur and 1880 in white colur and 1380 in blue colur
11:38 Uttam : all inside A period
11:38 Vijayakumar : could you please explain shai
11:38 Vijayakumar : ?
11:39 Uttam : probable FA in NF at lows
11:42 Shai : which chart @vijaya are you looking at?
11:42 Shai : NF can do 10936 again
11:42 Uttam : +1 Shai entered via 10900ce
11:42 Himanshu : due to tail shai?(11:38) Shai : now secure – (10:01) Shai : lows are not yet secure in both for intra
11:43 Shai : 72k Buyer Himanshu
11:43 Himanshu : okk
11:43 Shai : biggest RB guy
11:43 Uttam : and also NF went below IBL and got reejcted back
11:43 Himanshu : and zeros below that indicates stop losses?
11:44 Shai : yes . He is a program
11:44 Shai : pre fed in system
11:44 Himanshu : okk thanks
11:44 Uttam : probable FA in 10900ce also at 189
11:45 Uttam : plus we got a green band there as well
11:45 Vijayakumar : foot print chart shai
11:45 Uttam : 5mins or 30mins
11:45 Vijayakumar : 5mins
11:46 Uttam : white is the delta of the bar on the top
11:46 Uttam : blue is the COT
11:46 Vijayakumar : ok
11:46 Vijayakumar : COT mean
11:46 Uttam : and yellow is the vol of that bar
11:46 Uttam : Commitment of Traders – aggressive buyers minus aggressive sellers
11:46 Vijayakumar : thanks Uttam
11:47 Vijayakumar : 🙂
11:48 Himanshu : shai uttam isnt the lows in NF is mechanical i.e fridays Value Area low?
11:51 Uttam : we got below IBL & got buyers HImanshu so that is an important sign plus 10905 was the singlles of the ‘p’ of Friday if we ignore the spike close when it made a low of 10897
11:51 Uttam : so we got buyers defending that level today
11:53 Shai : No Himanshu . Mechanical would be the day high or week high lows. No one tracks the VA that closely for it to be mechancal
11:53 Shai : we are the only ones who do 🙂
11:53 Uttam : 🙂 Shai
11:54 Vijayakumar : what is mechanical high/low?
11:55 Vijayakumar : uttam/shai
11:56 Subhodeep : 3 Shai : 72k Buyer Himanshu… shai are you getting this fromt he nf 30 min tf chart ?
11:56 Praneeth : Hi All
11:56 Praneeth : @uttam, once u get a chance pls check slack DM
11:57 Himanshu : great shai (11:53) Shai : we are the only ones who do 🙂
12:04 Ravi : Tq Shai & Uttam done 10910-26
12:09 Boppanna : Shai vix you expecting India vix rising from here ?
12:10 Boppanna : For Jan I meant
12:15 Shai : 5 mins charts – (11:56) Subhodeep : 3 Shai : 72k Buyer Himanshu… shai are you getting this fromt he nf 30 min tf chart ?
12:15 Shai : he got that move to vwap done
12:16 Shai : 10960 is the xome of the open where the open buyers were overpowered
12:16 Shai : will be resistance for next few days
12:17 Shai : but big move lower is when we go in the singles of friday
12:17 Boppanna : 80% done in BNF
12:18 Shai : vix range for Jan is 14 to 17.30
12:18 Shai : anything abv 17.30 strat wacithing lower strikes for buying
12:18 Shai : put buying**
12:19 Boppanna : thx Shai
12:22 Boppanna : Shai any big buying in 27100pe?
12:23 Uttam : 17k red in BNF & 25k red in NF at new lows
12:24 Vijayakumar : shai , thosepink colur orders are sellers
12:24 Vijayakumar : andgreen are buy orders
12:25 Vijayakumar : pls correct meif i am wrong
12:25 Uttam : @Vijayakumar if you have gone through the OF videos these concepts are explained in them
12:25 Vijayakumar : ok
12:25 Uttam : they are seller imbalance & buyer imbalance
12:26 Subhodeep : 12:17 Shai : but big move lower is when we go in the singles of friday: but then at around 10839-40 27/12 which has the most tpo print or value, should i infer that as a obj if the singles of friday come ?
12:38 Ravi : @Uttam can we consider FA in BNF
12:39 Vijay : Shai+1 (09:28) Shai : 27255 can come in BNF
12:40 Boppanna : Potential FA still needs to cross vwap and IBH for FA confirmation
12:40 Ravi : Tq @Boppanana
12:47 Boppanna : BNF guy gives vwap 12:23 Uttam : 17k red in BNF & 25k red in NF at new lows
12:48 Uttam : yep Bops NF also coming
12:48 Uttam : that CE & PE had another green & pink band in this new dip
12:49 Uttam : poor lows in NF
12:49 Uttam : plus seller stuck
12:50 Boppanna : Uttam that morning high in NF was RM marker or where there voulmes there?
12:50 Shai : yes will run to vpoc 10839- (12:26) Subhodeep : 12:17 Shai : but big move lower is when we go in the singles of friday: but then at around 10839-40 27/12 which has the most tpo print or value, should i infer that as a obj if the singles of friday come ?
12:50 Uttam : yes Bops looks like RM marker so have taken IBH as 10967 for the day
12:51 Boppanna : thx
12:51 Uttam : NF high so far in this bounce 10925 & vwap 10926
12:51 Uttam : that stuck sller getting out mostly that 20k green at top
13:06 TP : Premium in F very high compared to spot .
13:06 TP : could be due to longer Jan series ?
13:07 Uttam : yes Tej series ending on the last day of the month
13:16 Uttam : Nifty Spot took sup just above singles of 10850 & if stays above 10865 will be bullish
13:19 Ravi : Uttam about invalidation to that long??(13:16) Uttam : Nifty Spot took sup just above singles of 10850 & if stays above 10865 will be bullish
13:19 Uttam : 10850 Ravi simple
13:20 Ravi : Tq Uttam
13:21 Uttam : NF does VAH
13:22 Uttam : ‘b’ profile doing its bit
13:22 Vijayakumar : uttam, in 3o min order flow there ae bubbles in green and pink colur
13:22 Uttam : 10935 is also the weekly VAH so sustaining above it can be bullish
13:22 Vijayakumar : how to infer them
13:22 Vijayakumar : ?
13:24 Uttam : https://vtrender.slack.com/team/U0HJRHZ8D
13:25 Uttam : @vijayakumar you have lot of pinned items in the learning strategies channel
13:25 Uttam : you can go through them once
13:26 Vijayakumar : sure Uttam
13:26 Vijayakumar : thanks
13:29 Uttam : overlapping POC in NF at 10920
13:29 Uttam : p+b so far giving a 3-1-3 profile
13:30 Uttam : on a 2-day composite
13:42 Shubro : Uttam what is a 3-1-3 profile?
13:46 Shai : window dressing guys here
13:46 Uttam : big greens in NF Shai?
13:46 Shai : yes quarter end
13:46 Uttam : finally can book that 10900ce looks like 😉
13:47 Uttam : FA still valid at lows in that though needs to confirm
13:47 Uttam : monthly doji coming 😉
13:53 Uttam : (13:16) Uttam : Nifty Spot took sup just above singles of 10850 & if stays above 10865 will be bullish…20 points up from there
13:53 Uttam : day’s Value is also 20point range only
13:56 Uttam : 10946 & 10960 coming in NF?
14:10 Gaurav : @Uttam, please update dec series vwap and poc in the weekly or daily report once you get time
14:11 Uttam : it is done Gaurav
14:11 Uttam : in the daily report
14:12 Gaurav : ok thanks, must have missed it
14:19 Dharmesh : those delta div alerts are from 5 min time frame ?
14:35 Gaurav : dvah to dval
14:43 Uttam : @Gaurav had updated them this morning 🙂
14:45 Uttam : @Dharmesh those alerts are tick based I suppose and show up as & when they are triggered
14:53 Shai : looks to close around here
14:53 Shai : first 2 sessions of the new series are in a 50 point range
14:54 Shai : overlap
14:54 Uttam : volumes also on the lowest side
14:54 Shai : yes
14:55 Uttam : only 54L in NF so far, lowest in last month was 63.7L on 4th
14:55 Uttam : DEc
14:55 Uttam : and that was the lowest since Aug
14:56 Uttam : BNF just 12.3L so far
15:04 Subhodeep : @UTTAM where would i be able to check the volumes as you do ?
15:05 Uttam : stack chart you have it in the table with values
15:05 Uttam : 5.77m in NF & 1.27m in BNF
15:12 Uttam : @Shai we could get a big move tom?
15:12 Uttam : from this 2-day balance & overlapping POC?
15:13 Praneeth : tomorrow also would be low volume i think.. may be from wednseday we may see good movement
15:13 Uttam : profile wise looks like we can get a move away tom
15:14 Praneeth : oh ok…
15:14 Shai : noon onwards tom volume should pick
15:17 Shai : The room would be functional as usual from 9.00 am tomorrow
15:17 Praneeth : shai, any intraday view on usdinr for today?
15:18 Uttam : thanks Shai
15:18 Praneeth : any chances of breaking 69.9 today?
15:19 Praneeth : so far price grinding near 69.96
15:19 Shai : 69.90 supp
15:19 Shai : yes no volume in it
15:20 Praneeth : ok
15:20 Praneeth : thanks shai
15:20 Shai : For me 31st of Dec , the last day of the year, is a Thanksgiving day , where I want to thank you, for all the love, support, friendship, we shared through the year.
15:21 Azmath : _/\_
15:21 Shai : And here’s looking forward to a lot more of it in 2019 & beyond.
15:22 Uttam : thanks so much Shai 🙂 it has been an absolute pleasure to be part of this set up conceptualised & maintained by you
15:22 Ravi : Thank you also Shai,,Uttam RK and all others in the trading room for constant support and with this beautiful setup
15:22 Vijay : thanks shai, wish you a very healthy, wealthy and prosperous new year
15:22 Uttam : and yes looking forward to a rocking 2019 here at VT
15:22 Porus : Ours is a happy family. Can only wish for more happiness for us all!
15:22 Gaurav : thanks SHai, everyone. HNY to everyone
15:23 Gaurav : Thanks Shai, wish all a happy new year
15:23 Shai : Wish you all a Happy new Year’s 2019. Stay Blessed, Happy , Healthy and prosperous.
15:24 Boppanna : Thanks Shaifor your guidance a Happy New to All
15:24 Boppanna : *Year
15:24 TP : Shai thanks for the awesome room , wishing team VT a very Happy and prosperous New year.
15:24 Vijayakumar : wish you all very happy new year
15:24 Santhanam : Thanks to this team and has been a great learning phase for me personally and the sharing by all the good hearts needs lots of hugs…. Let’s Rock together in 2019 too:)
15:25 Uttam : +100 guys…a very Happy New Year in advance to All & lets keep getting better in 2019 🙂
15:27 Praneeth : Wish you all happy and prosperous new year 2019..
15:27 Praneeth : Thanks shai and others for the support and guidance
15:27 Shai : Cheers guys. Let’s rock 2019 again
15:29 Uttam : thanks All 🙂 and have a great end to 2018
15:29 Shai : Thanks all. Catch up next year 🙂
15:29 TP : Bye All.
15:30 Prudhvi : Enjoy NYE. bye everyone