OF and volumes

At Vtrender most of our analysis runs on Price and Volumes only.

We do not use any other indicator to check the movements of the market.The OrderFlow charts depict price volume behavior and show us where the bias of the market is.

Here is a simple way of not losing money in the markets- Just avoid trading against the orderflow i.e you do not buy when OF is Red or sell when OF is Blue.It's a simple method of being on the right side of the market action.

We give a lot of importance to volume. If you are not involving volume in your analysis, you are actually looking at the market through one eye!

We picked out large volumes at the close at 5311 yesterday and the market was steady above it this morning.

Today's big volumes are at 5285 and 5352 both of which were market movers.