Market Profile Analysis dated 22nd December 2020
Nifty Dec F: 13487 [ 13508 / 13222 ] NF opened higher and got into the selling singles of 13407 to 13574 and made a quick high of 13450 where it got rejected from the same level as it did the previous afternoon which triggered a trending move lower in the IB (Initial Balance) of […]
Order Flow charts dated 22nd December 2020
Trading Order Flow allows a trader to see the specific price where a trade has hit the market, along with the volume of that trade. This information is extremely valuable and allows a trader to generate substantial revenue by using this information to trade. The way we see it is that Order Flow trading is […]
Market Profile Analysis dated 21st December 2020
Nifty Dec F: 13330 [ 13784 / 13155 ] NF made an OAIR (Open Auction In Range) start and even made a dip below the 2-day composite Value but for the third consecutive day took support just above the extension handle of 13679 as it made a low of 13689 and got back into previous […]
Order Flow charts dated 21st December 2020
A good trader is a one who can make money consistently over a longer period of time. But how to become one such trader, who can make money in any type of market condition? A good trader keeps a close watch on the current information of the market and assesses it for change against previous […]
Market Profile Analysis dated 18th December 2020
Nifty Dec F: 13774 [ 13799 / 13681 ] NF made an Open Drive Down on good volumes negating previous day’s buying tail as it made a low of 13681 in the IB taking support just above the extension handle of 13679 leaving singles at both ends. The auction then balanced in a narrow range […]
Weekly Charts (14th to 18th December 2020) and Market Profile Analysis
Nifty Spot Weekly Profile (14th to 18th Dec 2020) Spot Weekly – 13760 [ 13773 / 13447 ] Previous week’s report ended with this ‘The weekly profile is a trending one on the upside with completely higher Value at 13347-13420-13533 and the immediate reference on the downside being the HVN of 13478. On the upside, […]
Order Flow charts dated 18th December 2020
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 […]
Market Profile Analysis dated 17th December 2020
Nifty Dec F: 13754 [ 13794 / 13686 ] NF gave a rare follow up post a Neutral Extreme Day as it opened higher and took support above previous day’s extension handle of 13679 after which it left an initiative buying tail in the IB (Initial Balance) from 13714 to 13686 which set up the […]
Order Flow charts dated 17th December 2020
Many traders are looking for information on how to use market conditions to find good trades. Order Flow is best understood as a way to see existing bias in the markets. Order Flow helps us understand who is in control of the market and who is ‘upside down’ and likely to make exits from that […]
Market Profile Analysis dated 16th December 2020
Nifty Dec F: 13699 [ 13712 / 13619 ] NF opened with a gap up of 67 points moving away from the 3-day balance and settled down into an OAOR (Open Auction Out of Range) as it remained in a narrow range of just 35 points in the IB (Initial Balance). The auction then made […]