Market Profile Analysis dated 30th September
Nifty Oct F: 11535 [ 11579 / 11445 ] NF opened lower below PDL (Previous Day Low) and was rejected as it made an attempt to probe higher to get back into Friday’s range giving an ORR (Open Rejection Reverse) to the downside and this coming after a Gaussian profile on the weekly plus a narrow […]
Order Flow charts dated 30th Sep
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 30th Sep (5 mins)
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. NF BNF
Market Profile Analysis dated 27th September
Nifty Oct F: 11579 [ 11646 / 11565 ] Previous day’s report ended with this ‘The weekly profile which started with ‘p’ shape on the first 2 days is slowly turning into a more balanced profile as the 4 day composite can be seen at the below link so will need to see if the auction […]
Weekly charts (23rd to 27th September) and Market Profile Analysis
Nifty Spot Weekly Profile (23rd to 27th September) Spot Weekly 11512 [ 11695 / 11416 ] Nifty continued the imbalance it started last Friday as it opened at 11543 on Monday giving a huge gap up of 260 points and made a freak high of 11666 in the opening minutes as it tagged the monthly […]
Order Flow charts dated 27th Sep
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 […]
Order Flow charts dated 27th Sep (5 mins)
Market participants always look for the weaker side of the market, so both buy and sell stops will be targeted. Just one of the many concepts of Order Flow trading. NF BNF
Market Profile Analysis dated 26th September
Nifty Oct F: 11631 [ 11680 / 11538 ] NF rejected the lower distribution of previous day as it opened higher and took support at the extension handle of 11540 (Oct F) in the opening minutes which suggested that the PLR would be to the upside. The auction continued to probe higher as it got above […]
Order Flow charts dated 26th Sep
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 […]
Order Flow charts dated 26th Sep (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 (Oct) BNF (Oct)