Mentor: Rajandran R – Marketcalls
Rajandran is a Full time trader and founder of Marketcalls, hugely interested in building timing models, algos , discretionary trading concepts and Trading Sentimental analysis. He now instructs users all over the world, from experienced traders ,professional traders to individual traders.
Rajandran attended college in the Chennai where he earned a BE in Electronics and Communications. Rajandran has a broad understanding of trading softwares like Amibroker, Ninjatrader, Esignal, Metastock, Motivewave, Market Analyst(Optuma), Metatrader, Tradingivew,Python and understands individual needs of traders and investors utilizing a wide range of methodologies.
Workshop Schedule
Day 1 Course Contents
Introduction to Market Profile
Will be discussing about basic building blocks of market profile, understanding market participants, clear cut understanding about auction market theory and two way auction process.
Which Timeframe is in Control
This section deals with who is in control in the market, traders behavior and measuring the participants confidence level, introduction to market internals, how to gain edge by understanding market internals, why to trade the value instead of trading price.
- POC and value area, profile structure concepts discussed in much more detailed.
- Practical things to consider while doing Market Profile Analysis.
- Market Profile Structure and Key reference levels
Once you started learning the basics profile structure now you get used to understand who is in control. The next step in learning is towards understanding the excess and balance concepts ,age of the trend & Top Down Approach analysis which help you to take a better intraday/positional trading decision in your day to day trading analysis.
Learn how to plot key reference levels (High probability zones) and its significance this will help you to postion your trades and also makes you to enter at better trade location.
Subtle and Nuances
Concepts like 45 degree line, pullback low, rally high, poor high, poor low, weak high, weak low, excess, halfback, gaps, anomalies will be discuused which adds another layer of edge to your decision making skills
This section deals with organizing the market profile information in a better manner.
Market Profile Case Studies
This session focus on how to Identify intraday and positional trading setups, how to trade index options by oraganizing market profile data.
Case studies in market profile help you to speed up your learning curve faster and combining market profile with orderflow will help you to trade at better trade locations.
Introduction to Orderflow Analysis
Introduction to orderflow analysis, how to read the tape and learn to spot weakness and strength in the markets.
How to combine market profile with orderflow studies in decising a better trade locations(entry and exit points).
Trading Sentimental Analysis
Why Sentimental Analysis in Trading.
Gathering and Evaluating the Crowd Sentiment.
How to trade Extreme Sentimental Factors.
Understand the Mindset of Emotional traders.
How and When to Trade Against crowd sentiment.
Best Trading Practices
Best Trading Practices and Market Profile Trading Principles
Do’s and Dont’s with Market Profile
Introduction to Trading Room, Slack and Sentibot and how to handle it.