Order Flow charts dated 25th January 2021
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 22nd January 2021
Nifty Jan F: 14380 [ 14626 / 14356 ] NF opened in the Neutral Extreme zone in the IB but an attempt to probe higher in the ‘C’ period was swiftly rejected leading to a fresh OTF move lower for the day as the auction confirmed a FA at 14626 and completed the 1 ATR […]
Weekly Charts (18th to 22nd January 2021) and Market Profile Analysis
Nifty Spot Weekly Profile (18th to 22nd January 2021) Spot Weekly – 14372 [ 14753 / 14222 ] Previous week’s report ended with this ‘The weekly profile is a well balanced one with completely higher Value at 14454-14526-14586 but for the first time in several weeks has closed below the weekly Value so the PLR […]
Order Flow charts dated 22nd January 2021
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 21st January 2021
Nifty Jan F: 14598 [ 14765 / 14508 ] NF opened with a gap up hitting new highs for the series at 14740 in the ‘A’ period but settled down into an OAOR (Open Auction Out of Range) forming a very narrow range IB (Initial Balance) of just 48 points which also included a buying […]
Order Flow charts dated 21st January 2021
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 20th January 2021
Nifty Jan F: 14645 [ 14670 / 14524 ] NF opened around the yPOC of 14570 and probed lower breaking below the extension handle of 14548 as it made a low of 14524 where it got rejected reversing the probe to the upside forming new highs for the week at 14592 in the A period […]
Order Flow charts dated 20th January 2021
Many traders are used to viewing volume as a histogram beneath a price chart. But the Order Flow 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 […]
Market Profile Analysis dated 19th January 2021
Nifty Jan F: 14570 [ 14586 / 14364 ] NF opened with a big gap up of almost 100 points way above the yPOC of 14310 negating the fall of the previous day as it stayed above Value & went on to scale above the PBH (Pull Back High) of 14428 in the IB. The […]
Order Flow charts dated 19th January 2021
When we think about how to measure volume in the market one of the keys is Order Flow. It plays a role by telling us what the other traders have done in the market and are currently doing and this provides valuable clues and potential opportunities to trade. An Order Flow trader can actually see […]