Market Profile: Be Proefficient & comprehend the market dynamics How fascinating would that be if an individual got up the next morning? Pick up his/her phone and start trading on the nifty market profile without having any prior knowledge. Yeah, it is unrealistic, and there is not even the slightest possibility that this might [...]
Market Profile Market profile charts display the price on a vertical scale same as other charting tools such as bar or candle stick charts. However, unlike candlestick charts, the additional information such as volume and time is also combined in graphical form. The volume appears on a horizontal scale and the timeframe uses a [...]
What is Order Flow: Prices of a commodity or a stock or any other product is driven by the law of Demand and Supply at a particular time. When the demand of a product or a stock increases, price of product / stock would increase. Similarly demand contracts, the price of the same would [...]
How to use Order Flow : Order Flow Trading is not technical analysis or fundamental analysis, although both of those certainly do play a part in order flow analysis. Market depth of a stock shows the standing limit buy orders and standing limit sell orders. Simply put, the market depth represents the total bid and [...]
Market profile Vs Traditional indicators: Market profile charts combines all the information on the single chart such as Price, Volume and Time in a graphical form. Market profile charts can be splitted or combined on different time frame and can give the trader more inner information on how the buyers/ sellers are behaving at [...]
Concept Of Market profile TPO and OTF other time frame traders explained Instead of using bars or candles with an Open, High, Low, and Close price, each "bar" in a Market Profile is represented by using a letter Versus the price that the market traded during that time frame - usually it will be on [...]
The total height of the entire profile from high to the low is called as the Price range. As per this screen shot example, the range is 203 to 196, which is greater than the IB(initial balance). Some time, prices travels above or below the initial balance. Then it is termed as a range extension. [...]
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