We had a trend day in the markets today.
My good friend Viren used to say always- ” No target is too big for a trend day “
The day is marked always by a slower open which gives a very small IB , but the momentum picks up through the day climaxing at the very end !
For those of you who are wondering how our Orderflow did on a day like today- well it picked up the short moves on Wednesday itself and remained Red as Buyers were simply out-smarted in price today.
The moves of the market were picked at 5038 on Monday, we converted on Wednesday and Order flow kept us loyal to the trend right through the day ‘s close today.
Same example in the BankNifty also today.
In sum, if you want to kick the habit of losing money in the markets- just trade the Order flow.
