Weekly charts (24th to 28th Dec) & Market profile analysis
Nifty Spot Weekly Profile (24th – 28th Dec) Nifty Spot in the previous week gave a Neutral Extreme Profile Down & the reference for this week’s open was 10738-10790 (read last week’s post here) & the open on Monday was right at the upper end of this reference with an almost OH start which meant […]
Market Profile Analysis dated 28th Dec
Nifty Jan F: NF gave a gap up rejecting the previous day’s Neutral Extreme close & moved away from yesterday’s Value with a drive up getting above that FA of 10880 & also the VPOC of 10885 which was a bullish sign. NF then probed into the selling tail of 21/12 which started from 10917 […]
Market Profile Charts dated 28th Dec
The Market Profile will guide traders through a new understanding of the market that will allow them to identify the most profitable trade opportunities as they happen. A ‘Market Profile’ takes the guesswork out of the markets by putting Price, Volume and Time in one chart in an easily understood graphic format. Market Value is the […]
Order Flow charts dated 28th Dec
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 […]
Order Flow charts dated 28th Dec (5 mins)
Order Flow can show how a collection of market participates has acted in the past and this helps to create profit by knowing if these traders are profitable or caught upside down. NF BNF
Market Profile Analysis dated 27th Dec
Nifty Jan F: NF followed the Neutral Extreme close with a gap up but opened right at that Trend Day’s (21/12) second extension handle down of 10860 which was also the 2 ATR target from the FA of 10580 it left yesterday. The up move looked stretched & done with as NF had moved too […]
Order Flow charts dated 27th Dec
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 Charts dated 27th Dec
The Market Profile is a unique charting tool that enables traders to observe the two-way auction process that drives all market movement. The Market Value Area is especially important for day traders to identify. It guides short-term traders to the price levels where the greatest volume of trading is taking place. To know more about […]
Market Profile Analysis dated 26th Dec
Nifty Dec F: NF opened with a gap down with an almost OH (Open=High) start in the buying tail of 12/12 & the lack of defense from the earlier buyers drove NF lower on good volumes in the opening period breaking below the lows of that buying tail which was at 10588 & went on […]
Order Flow charts dated 26th Dec
Many traders are used to viewing volume as a histogram beneath a price chart. But the OrderFlow approach shows the amount of volume traded during each price bar, and also it breaks this volume down into the Volume generated by the Buyers and the Volume generated by the sellers again at every row of price […]