OrderFlow charts

Here are the orderflow charts of the day

 

Nfof 26 Orderflow Charts

 

Bnof 22 Orderflow Charts

 

We had a trend day in the markets today.

 

The trend day represents by far the easiest day to trade with a clear bias and an entry which requires you to keep your patience all day as the market does all the rest.

 

Often the open is the best indicator of a trend day when you see a column of single prints at the very bottom/ top of a market profile chart.

 

You would also notice the price which decidedly stays above vwap in the first 30 minutes of the day. Contrast today's charts with some other charts we have put here on previous days and you will see that price is on either side of vwap in the first 30-60 minutes compared top today's charts.

 

This is directional confidence which makes a trend day a possibility in the first few minutes of the day. Finding it out early can really help your trading bias during the day.

 

The market stayed above vwap all day with all dips being bought right upto the close.

 

Trades could have been taken above IB high today, above the HVN of 4944 pointed out or even above 2IB as a trend day has no limits.