Order Flow and volume profile trading

[Shikamaru]

Thanks MT4Trader
Thanks Kumar, Nice trades...

 

[Kumar997]

Price opened within VA area, so Responsive Selling to kick in.

Trade 1: Shorted the NPOC of y'day 3.30 with 2 tick SL above high of the 3.30 high

Targeting it to touch the Daily POC. Price missed it by a tick. Started watching the Time & Sales and could see Bulk buy 2 52000 shares being bought. Exited my short & went for long above that price as initiative buy could happen in the VA area.

Trade 2: Long above Bulk buy, watching for action around Y'day VAH, no significant Selling, so was holding the trade. Exit at 60 mins NPOC.

 

[Kumar997]

Trade 3: Long above 12.15 High. Exit at 23rd VAH

Closing the day. Want to just watch the expiry action .

 

[mt4trader]

kumar if you hide the tool bar then hold control key move chart with mouse as you like

 

[Kumar997]

Didn't get you Mt4trader. Are you talking about the Mousepan indicator?

kumar if you hide the tool bar then hold control key move chart with mouse as you like

 

[mt4trader]

Didn't get you Mt4trader. Are you talking about the Mousepan indicator?

YES
there will be button on tool bar if it is showing.
if toolbar hide you have to hold control key and drag the chart with mouse

 

[amandeep86]

YES
there will be button on tool bar if it is showing.
if toolbar hide you have to hold control key and drag the chart with mouse

hi bro,

Is it possible to identify strong UA's from weak ones based on numbers /prints on high low or volume.

By this we can reduce many false signals and trade only strong oness

 

[Kumar997]

Mt4trader,

A question on the 14:15 candle. As it is expiry day, why is there a huge buy in the 14:15 candle. Is it really a Buy or something else. How do i interpret that?

 

[mt4trader]

Mt4trader,

A question on the 14:15 candle. As it is expiry day, why is there a huge buy in the 14:15 candle. Is it really a Buy or something else. How do i interpret that?

if there is a more buying but markets is not going up means it is covering.
market absorbing covering that is sign of weakness, latter market will go down
and also it is failure of breaking npoc of previous candle

 

[Kumar997]

Thanks Mt4trader.

March series ended on an awesome note from profit and learnings perspective. A lot learnt and lot more to learn.

Regds

Mt4trader,

A question on the 14:15 candle. As it is expiry day, why is there a huge buy in the 14:15 candle. Is it really a Buy or something else. How do i interpret that?

if there is a more buying but markets is not going up means it is covering.
market absorbing covering that is sign of weakness, latter market will go down
and also it is failure of breaking npoc of previous candle