Weekly charts (29th July to 2nd August) and Market Profile Analysis
Nifty Spot Weekly Profile (29th July to 2nd August) 10997 [ 11311 / 10848 ] Last week’s report mentioned ‘it has left 2 HVNs at 11355 & 11276 in both the balances which would be the levels to watch in the coming week‘ Nifty gave an almost OH (Open=High) start to the week at 11307-11311 […]
Monthly (July 2019) charts and Market Profile analysis
Nifty Spot – 11118 [ 11982 / 10999 ] Monthly Profile (July) Last month’s report ended with this ‘Nifty has made a nice balanced profile for the month with Value being inside previous month’s Value so looks set to give a trending move in July but needs to give a move away from this month’s Value […]
Market Profile Analysis dated 2nd August
Nifty Aug F: 11024 [ 11125 / 10886 ] NF opened with a big gap down right in that buying tail from 10940 to 10901 completely rejecting the previous day’s spike higher of the last 45 minutes as it made a high of 10967 in the IB (Initial Balance) and went on to make new lows […]
Order Flow charts dated 2nd Aug
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 […]
Order Flow charts dated 2nd Aug (5 mins)
Order Flow trading is thinking about what order market participants do and when you think along this, you can anticipate what kind of action they will be taking in the market. This is a very important concept in Order Flow. NF BNF
Market Profile Analysis dated 1st August
Nifty Aug F: 11015 [11098/10901] Yesterday’s report ended with this line ‘Neutral Extreme profiles have a very poor record of giving a follow up in the next session so can expect the 80% Rule to play out in the next session unless 11145 is sustained. On the downside, the FA will be the important reference which […]
Order Flow charts dated 1st Aug
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 1st Aug (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 31st July
Nifty Aug F: 11132 [11165/11031] NF opened lower making new lows for the week & continuing the imbalance it began in the form of a spike yesterday as it made lows of 11041 in the ‘A’ period and stayed below the PDL (Previous Day’s Low) for the first 20 minutes to confirm an OAOR start to […]
Order Flow charts dated 31st July
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 […]