Rajandran R FollowTelecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)
ES-Mini Making a Short-Term Top Formation – Market Profile
15 sec read
ES-Mini Futures formed a short-term Top formation with G2 High formation at the major swing high with trading inventory getting long to too long and bringing the odds of short-term correction towards 4110 and the weaker reference around 4088 and 4060 levels
Possibly ES Mini would have formed a potential top for the month of the April Series. Though Volatility had reduced a lot. Trading risk is increasing on the downside in the very near term perspective.
Rajandran R FollowTelecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)
Long-term traders/investors typically have a buy-and-hold strategy, meaning they hold positions in the market for an extended period, usually months or years. They are...
Auction Market Theory (AMT) is a cornerstone concept in the world of trading, providing valuable insights into the inner workings of markets and enabling...
