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.
Related Readings and Observations
Five Charts that Shows NASDAQ Index is Highly Overvalued I prefer using classical technical analysis to get a perception about the markets, especially at higher timeframes. Here are a couple of charts on US Market NASDAQ Index (Daily 200 Moving […]
Short Term Sentiment is Down What Next in Nifty Futures? Nifty Futures on Monday Trading Session turned down which brings the short term trading sentiment down with strong liquidation. And also Tuesday session opened with a gap down and later […]
Nifty Futures at Critical Support Zone Last week nifty futures completely entered in a sideways mode. The entire 5 trading sessions ended up in range-bound price action between 12318 - 12412 levels. Too many short term buyers […]
Nifty Futures Breakout Failure at All-time High Nifty Futures last Friday tested all-time high, however, breakout failure is seen at an all-time high which is immediate weaker sentiment. 
Nifty Futures Showing Trend Reversal and Positive Momentum Nifty Futures quickly recovered from US-IRAN tensions which were impacting the market mood in the short term. However, it quickly recovered on Thursdays trading session and managed to […]
Nifty Futures Short Term Resistance around 12080 – 12100 levels Nifty Futures last Monday reacted to the US-Iran Tension with a strong liquidation right from the beginning of the trading session. Price too broken outside the short term balance and […]
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