Weekly charts (02nd to 06th November 2020) and Market Profile Analysis
Nifty Spot Weekly Profile (02nd to 06th Nov 2020) Spot Weekly – 12263 [ 12280 / 11557 ] Previous week’s report ended with this ‘Nifty gave a bounce back to 11658 into the close before closing the week at 11642 forming a balanced weekly profile with completely lower Value at 11631-11733-11841 and would remain weak […]
Order Flow charts dated 06th November 2020
The key to using Order Flow trading is to determine market depth. This describes the places where Market participants have taken positions or the zone they have transacted. The Order Flow is like a list of trades and helps to know how other traders are placed in the market. Vtrender helps you to stay on […]
Market Profile Analysis dated 05th November 2020
Nifty Nov F: 12143 [ 12156 / 12031 ] NF gave a pretty big gap up of 167 points right at the 2 ATR objective of 12089 from the FA of 11744 and the OH (Open=High) start led to some profit booking as it gave a dip to 12031 in the ‘A’ period but left […]
Order Flow charts dated 05th November 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 04th November 2020
Nifty Nov F: 11923 [ 11945 / 11744 ] NF gave an OTD (Open Test Drive) Up all be it on lower volumes as it moved away from the prominent POC of 11819 and made new highs of the week at 11920 just as the ‘A’ period was completed and could not extend further which […]
Order Flow charts dated 04th November 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 03rd November 2020
Nifty Nov F: 11825 [ 11844 / 11731 ] NF gave the expected move away from the 3-day balance starting with a gap up and then continuing the probe higher filling up the singles of the DD profile of 28th Oct as it stalled right at the extension handle of 11821 leaving similar highs there […]
Order Flow charts dated 03rd November 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 02nd November 2020
Nifty Nov F: 11681 [ 11735 / 11560 ] NF opened with a drive down on good volumes after making an almost OH (Open=High) start at 11685 as it fell by 125 points in the IB (Initial Balance) making a low of 11560 in the ‘B’ period. This drive down however got negated in the […]
Order Flow charts dated 02nd November 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 […]