Friday, December 23, 2011

Trend 23/12

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.


4 comments:

bizagra said...

Dear Shai, after how much time of trading DPOC becomes imp?? I mean to say , is it imp directly after IB time??
Thnaks

bizagra said...

One more thing, for 80% rule, 2 consecutive half hr candles in value area r must??Thanks

Vtrender said...

@ 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.

bizagra said...

Thanks Shai..