Order Flow charts dated 20th June

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 information. You see current information through an Order Flow chart. Order Flow can show how a collection of market participates has acted in the past and this helps to create profit by knowing if these traders are profitable or caught upside down. NF BNF Room…

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Market Profile Analysis dated 19th June

Nifty Jun F: NF opened with a gap up and drove higher getting into the the selling tail of 17th June (11780 to 11838) as it made a high of 11815 in the ‘A’ period but did not see any follow through in the next 2 periods as the ‘C’ period made a double inside bar with a range of just 10 points which indicated that the auction is making poor trade facilitation in the supply zone. (Click here to view the profile chart for better understanding) NF then made a move above ‘C’ but was immediately rejected as it…

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Order Flow charts dated 19th June

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 position in a loss. Volume Profile and Order Flow are very good tools to assist you in trading. You can also use it along with your existing setup. NF BNF Room Chat 09:19 Shai : (09:19) Shai : Update – Book half of the NF…

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Market Profile Analysis dated 18th June

Nifty Jun F: NF gave a hat-trick of OTD (Open Test Drive) down again on lower volumes as it opened at the HVN of 11700 and made a probe higher getting rejected from just below the yPOC of 11736 and went on to break below PDL (Previous Day Low) as it tagged 11678 in the A period. The drive down however failed as the auction got back into the previous day’s range & then above VWAP in the ‘B’ period as it went on to tag the yPOC making a high of 11739 in the IB (Initial Balance) (Click here…

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