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nf has opened inside yday range and within a value area this broadly indicate tht mkt sentiments have not changed from prior day and the mkt is currently in balance.
the day's risks and opportunities are both low, which leads to quite trading range session. expect typical day, trading range day or sideways day.

regds,s
 

XRAY27

Well-Known Member
TPO shows some responsive buying as per yesterday curve...entered @ 8690 after lower test (HTF Demand area)..but not moving any were
anyways 10 pt risk
 
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nf has opened inside yday range and within a value area this broadly indicate tht mkt sentiments have not changed from prior day and the mkt is currently in balance.
the day's risks and opportunities are both low, which leads to quite trading range session. expect typical day, trading range day or sideways day.

regds,s
looking at the value area only today indication for nf is very bullish but yday afternoon price action tells a bearish scenario particularly the big wide spread down candle closed near its low around 2'0 pm is very bearish and the close was also bearish yday. with today's open indicating quite day range extreme is good play for today as off now initial balance is maintained and rejected on the rise near POC. a break down below VAL and PDL my attract responsive selling. till that time fade is the play.
till now its seems to be "the trading range day".

regds,s
 

XRAY27

Well-Known Member
Visited 8656 VPOC on down side :thumb:
Entry @ 8678..out at NPOC...net just 9 pts net after morning loss..friday touched this VPOC... :D
 

XRAY27

Well-Known Member
VA's and Developing VA's

Va's are used by Day traders /OTF traders /VPA traders

Developing VA's are OFA traders domain with scalping as a base..



Source:ensign trading naked
 
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