Price n Time
One of the better things we as profilers enjoy to do is to see the changing dynamics of the market relative to time. In market profile, we get an excellent read on the market when we see Time on the Horizontal axis instead of price.In fact No study of the market is complete without understanding […]
Profile charts for 25th July
The Prime Levels for tomorrow are possible areas of demand and supply and the same are uploaded in an excel sheet here. You can set a notification to update you as soon as the sheet is edited within the page itself. The most important number to watch in the sheet is Prime Point Zero or […]
Gold OrderFlow
Here is an updated profile chart to the one which was posted yesterday The market has remained sideways and 22800 and 23175 continue to be short term reference points. A strong bull market consolidates rather than corrects after a big run up. We may be witnessing that consolidation now. I still maintain that 30 % […]
Nifty Road Map 22/07/2011
Nifty Future chart July Series : Perspective : This market is clearly balancing with short volatile move in either direction failing to resolve the impasse. Back Ground :- A sideways movement as evidenced by a side-on Point of control (POC) Chart Speak : – Yesterday, we started the day on a 3 I concept which […]
Profile charts for 21st July
The Prime Levels for tomorrow are possible areas of demand and supply and the same are uploaded in an excel sheet here. The most important number to watch in the sheet is Prime Point Zero or (PP0) which is the level where the market is neutral for the day.A market below PP0 and moving lower […]
Gold Intra
Here is a profile chart showing Gold traded on the MCX at current price at 4.30 IST. Back on July 9th, I had spoken about multi month lows being put in Gold and a profile chart which projected moves to new highs for the year ( already done) The intra chart posted above projects strength […]
Spike Rules
How do we trade a Spike? Here are some simple rules to trade a spike Upward spike A price opening below an upward spike would be considered negative since the price probe or spike was rejected leaving a selling tail. An upward spike rejected can be used to sell into the market with […]
Profile charts for 21st July
The Prime Levels for tomorrow are possible areas of demand and supply and the same are uploaded in an excel sheet here. The most important number to watch in the sheet is Prime Point Zero or (PP0) which is the level where the market is neutral for the day.A market below PP0 and moving lower […]
Orderflow BN
Here is the OrderFlow chart of BN for the past 2 days. We use this mechanical trading system in line with the analysis and the knowledge we have from Market profile.The OrderFlow is a conservative estimate of the buying and selling power of the market intra day, with a red denoting sellers in control.Once a […]
Nifty Road Map 19/07/2011
Nifty Future chart July Series : Perspective : This market is clearly balancing with short volatile moves last week in either direction failing to resolve the impasse. Back Ground :- Larger bracket is seen between 5511 and 5675 with 5593 as the pivot for the week on closing basis. Chart Speak : – A normal […]