Order Flow and volume profile trading

I want know how many interested and your experience


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i open my terminal wholeday whether i am trading or not.
i am saving all mcx scrips energy base metals and precious.
we need tick data we get no where. so save data.
yeah. agreed. what i meant was willn't watch the terminal. i realized the same after logout from terminal. So i just re logged in and left for data capture.. at present i am loading data only for crude.

Also in the query above posted what should we do when we see back to back nacked POC's Candle after candle. please comment how to handle this specifc case.


Thx,
KP
 
Regarding Volume Profile.

Hi Mt4trader,

I have gone through couple videos that was shared and will go through again couple of times.

topic wise main point in one of the video was continuation and rejection and continuation .. we should watch..

Can you please shed some light on significance of the colors in the current volume profile. say approxmatly which color represents continuation and rejects.




Thx,
KP
 
Last edited:

mt4trader

Well-Known Member
rarely comes like this situation when less market participation such things happen. when all daytraders only ther, then market move crazly.banks fund company must be there who holds positions. then only works properly.
too many dojis, avoid such trading times.
first two hours of market openings only good for trading.those timings only invester will be there, after that only intraday traders.
best timings to trade europe opening 1.30 to 3.30 and nymex crude opening 7.30 to 10 pm europe closing.
 

amandeep86

Well-Known Member
rarely comes like this situation when less market participation such things happen. when all daytraders only ther, then market move crazly.banks fund company must be there who holds positions. then only works properly.
too many dojis, avoid such trading times.
first two hours of market openings only good for trading.those timings only invester will be there, after that only intraday traders.
best timings to trade europe opening 1.30 to 3.30 and nymex crude opening 7.30 to 10 pm europe closing.
Bro,

I m still struggling with my Naked POC entries ,Please mark the entries in the naked poc mentioned below :-Assuming all formed at some significant levels .

I m confused on entries after naked POC is formed .

 
rarely comes like this situation when less market participation such things happen. when all daytraders only ther, then market move crazly.banks fund company must be there who holds positions. then only works properly.
too many dojis, avoid such trading times.
first two hours of market openings only good for trading.those timings only invester will be there, after that only intraday traders.
best timings to trade europe opening 1.30 to 3.30 and nymex crude opening 7.30 to 10 pm europe closing.

Thanks a lot for quick response with valuable inputs. understood.. my time starts from 7:30 to 8:00 and i play only in crude till 10:30.

Thx,
KP
 

mt4trader

Well-Known Member
FOR volume profile and tpo i am using one more indicator.

TPO chart in a simple term is the amount of time market stayed at perticular price.each square is 30mnts. for ease of using we use only squares not letters.

volume profile is volume traded at particular price.

both charts look similarly but TPO is more respected by markets.

volume nodes ; two types of volume nodes high volume nodes and low volume nodes. Low volume nodes are price rejection where market stays very less time. reverses here.some times rejection levels will break continue further.
high volume node where traded more volume and stay there much time.


watch below chat LVN low volume node HVN high volume node
yesterday chart.
 
Bro,

I m still struggling with my Naked POC entries ,Please mark the entries in the naked poc mentioned below :-Assuming all formed at some significant levels .

I m confused on entries after naked POC is formed .

buddy today is exceptional as it moved with in a narrow range. we should avoid it as per mt4trader.

what i would suggest to you is for the time being post market hours retake entries on paper in a specific window ...say only US session post 7:30 to 11 the way mt4trader showed using his live example. you may miss hourly support resistance areas.


try and observe you will get it. I am doing this practice . Once you get it right you can play.

Please understand you cant hit 100% success.

Just a suggestion

..if you want to take it take it else leave it .

Thx,
KP
 

amandeep86

Well-Known Member
buddy today is exceptional as it moved with in a narrow range. we should avoid it as per mt4trader.

what i would suggest to you is for the time being post market hours retake entries on paper in a specific window ...say only US session post 7:30 to 11 the way mt4trader showed using his live example. you may miss hourly support resistance areas.


try and observe you will get it. I am doing this practice . Once you get it right you can play.

Please understand you cant hit 100% success.

Just a suggestion

..if you want to take it take it else leave it .

Thx,
KP
Bro,

I know nothing is 100% hit ,But i have a small confusion in using Naked POC -
My confusion is on entries in case of continuation (Break of Previous NPOC) and in case of reversals.(NPOC not broken but rejected/false breaks)

Please help me out clear this conffusion
 

mt4trader

Well-Known Member
no need to break npoc.when secound candle goes up and when reverses down then enter, even before breaking.watch for npoc breaking or not, if reverses immediatly 1 or 2 ticks near npoc that will be a faillure and it will be big movement in reverse
 

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