Friday, December 10, 2010

Order Flow

Nowadays, nothing gets me more excited than talking about our orderflow indicators.

It has been a 'work in process' and both Viren and myself are very excited to see it in it's current form. I plan to spend the full day in the trading room on Monday with our subscribers discussing it in bits and pieces and I am sure even by the end of the audio session I will want to talk about it some more !

Here's why I am excited- If you spend a day trading all the signals the orderflow gives, you are guaranteed to have a profitable day.The only disclaimer I want to add is that the market should move more than 30 points in a given day !!

This is the Bank Nifty chart of the past three days :



There are two signals in the chart : a blue-red signal which gives blue for buying and a red for selling as an intra day stop and reverse method and a green-pink signal which indicates a green for buying and a pink for selling. Click on the chart to enlarge.

Have a closer look at today's action :



Just following the blue line today would have given you 500 points in the Bank Nifty today !

I remember back in September, just after we started Vtrender Live I had uploaded a video explaining our mission statement-- to bring you charts everyday which would give you the best possible location to carry out favorable trades.It was also the time, when we had introduced our vision slowly to our subscribers.

Here's that video again :

1 comments:

VK said...

Very good presentation of order flows. In fact the parabolic stop and reverse happens to be the best indicator for intra day trading. Your system of tracking order flows in fact proves this point emphatically. Cheers!!!