We opened our doors today to a whole bunch of enthusiastic traders wanting to check out Vtrender Live, our trading room and our orderflow indicators.
I’ve often said that the best place to check out the potency of any good indicator is a two-way volatile market and our guests would not have asked for a better day to have a close look at the Order Flow indicator in action.
At the end of the day, our day time frame indicator returned these signals :
Shai always says that these indicators which are built on volume profile are 20 % better than any of us, as they do not have considerations of greed and fear in the decision making process.
The long at 5848 upto 5905 and 5960 later, justifies the immense amount of effort and time we have put to get this upto speed !
Here is the Bank Nifty :
Incidentally the short was suggested at 12450 at the highs of yesterday and the reversal printed at 1.15 pm today at 11960 levels.
Looking ahead to tomorrow, the global picture was softening when our trading closed at 3.30 today. The US futures are near a critical level again and the open tomorrow will be exciting again.