Here iis the Orderflow chart of today
We got a sell signal when dpoc broke after a failed move to go higher.
The weekly pnf chart showing the week's activity is below.
Friday, December 23, 2011
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This blog intends to reduce the noise from the markets by the use of Market Profile as well as studying inter-market associations and their relevance to the short-term trend.
4 comments:
Dear Shai, after how much time of trading DPOC becomes imp?? I mean to say , is it imp directly after IB time??
Thnaks
One more thing, for 80% rule, 2 consecutive half hr candles in value area r must??Thanks
@ Bizagra,
DPOC is the day's biggest volume concentration and imp in a trending mkt to undertstand flow.
For 80 %, if one 30 min candle closes in the value area and the other one opens in the value area, the conditions are met.
Thanks Shai..
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