We cannot have the chat transcripts up today, as we had some interruptions which destroyed the chat history of the day.
Here are the OrderFlow charts
In a market which was trying to make gains early in the session, spotting the change was easy and none better than vwap could do it.
The break of vwap was the clue today and break of IB low was the confirmation.
A sell could have also been initiated at value area low at 4915.
Finally the OF sell was at 4908 and met all the conditions described above.
The BN chart above confirms all the observations made on the NF chart.
Our trading is always about context.
Always ask what price is doing in context of vwap/ dpoc and previous day's value.
The answer to those questions will put you in the right side of the trade.
the remaining part is to book profits at levels like the prime levels gives, 2IB/ 3IB or at an HVN/ LVN.
That's part of trade management and money management which we will discuss shortly.