Order Flow charts dated 17th 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 13th November 2020
Nifty Nov F: 12753 [ 12765 / 12612 ] NF opened with a gap down of 81 points probing below PDL (Previous Day Low) as it hit a low of 12612 in the opening minutes but settled down into an OA (Open Auction) where it formed a narrow range IB (Initial Balance) of just 51 […]
Weekly charts (09th to 13th November 2020) and Market Profile Analysis
Nifty Spot Weekly Profile (09th to 13th Nov 2020) Spot Weekly – 12720 [ 12769 / 12367 ] Previous week’s report ended with this ‘The weekly profile is that of a Trend Up one with overlapping Value at 11574-11820-11928 but the immediate reference in the coming week would be Friday’s POC of 12245 & the […]
Order Flow charts dated 13th 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 12th November 2020
Nifty Nov F: 12706 [ 12749 / 12638 ] NF opened lower for the first time in November and showed clear rejection from previous day’s POC of 12738 as it remained below it all day filling up the low volume zone of prior profile and for the second day running the sellers were able to […]
Order Flow charts dated 12th 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 […]
Market Profile Analysis dated 11th November 2020
Nifty Nov F: 12755 [ 12774 / 12577 ] NF opened with the 5th consecutive gap up and continued to probe higher in the IB (Initial Balance) as it made a high of 12764 but saw considerable contraction of range as well as volumes in the ‘B’ period which hinted at poor trade facilitation or […]
Order Flow charts dated 11th November 2020
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 10th November 2020
Nifty Nov F: 12659 [ 12667 / 12482 ] NF continued the trend of opening with a gap up but today it retraced the entire gap of 115 points in the opening minutes as it made a low of 12482 taking support right at PDH (Previous Day High) and this defense of the spike close […]
Order Flow charts dated 10th November 2020
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 […]