After 13 years of my trading here are my inputs about how market profile differentiates from the classical technical indicators and how market profile generates information that helps traders to understand the market conditions better than traditional tools.
Nifty Futures – Jan 2020 Outlook
This is my first article for this decade. It is always to start this decade fresh and so comes the handy top-down analysis where we start with monthly timeframe charts and then move to a weekly and daily timeframe to get a perspective and feel about how the other timeframe players are positioned in the market.
Nifty Jan 2020 Expiry – Short Term Trend Overview using Market Profile
Nifty on Thursday expiry day ended with a late spike in Nifty futures with emotional sellers pushing the price down below the value area low with immediate resistance around 12230 levels in Jan 2020 expiry series.
How to Build a Winning Trading System
Here is a practical guide to Building a Winning Trading System. It explains what a trading system is all about and what are the key components required for building a profitable trading system.
Nifty Futures Trading Sentiment turns Negative before Expiry Day
Nifty Futures trading sentiment turned negative one day before Dec 2019 expiry. Though lower volume persisted for the last three trading sessions with not much aggressive participants before the holiday season to begin.
Nifty Futures – Market Profile Analysis – Dec 2019 Expiry
Holiday seasons are nearing and also the Dec 2019 expiry. We have three trading sessions left for the expiry. Last Friday Nifty formed back to back failed auction with G2 Low reference. This is an indication that a trader has to change his approach and possibly the view about the markets.
[Online Workshop] System Trading using Options
we are organizing a two-day online workshop focused on Systematic Option Trading Strategies. Learn how traders can take advantage of Options Trading Algorithms and Tools to control their risk and increasing their reward using systematic option strategies.
Risk Increasing in Very Short Term Long Bets in Nifty Futures
Too many short term emotional buyers are speculating in Nifty Futures in the last two trading sessions by buying every mico dips in Nifty Futures. Though the short term auction is still on the upper side for the last 7 trading sessions. Short term risk in holding positional longs increased in the last two trading […]
Nifty – Market Profile Short term trend Analysis
Nifty Futures on last Friday trading session done a 6-day breakout which also brings the short term trend to be in the uptrending mode. More trading signatures of short term players piled on Friday trading session from the intrabar halfback references and weaker lows on last Friday trading session.
Code Snippet: ATM Call and ATM Put calculation from Spot Prices: Amibroker AFL
Here is a simple prototype code with display dashboard for the System traders who want to calculate ATM Call or ATM Put from the underlying spot price/future price for options backtesting or automated execution purpose.
Nifty Futures Facing a series of Single Print Resistance
Nifty Futures Monday session started with less of an excitement. Monday morning has broken Friday’s low however trading continues to be lackluster and activity started balancing around 11960-11980 levels. Very less amount of excitement is seen on Monday trading session from market participants.
Nifty Futures Short Term Trend Analysis – December Series
Both Major macro announcements GDP & RBI Monetary Policy Announcement is over. At this point markets reacted moderately negative to both of the macro events. And to everyone surprise, RBI kept the Interest Rate unchanged.