Order Flow and volume profile trading

[amandeep86]

whole numbers are psychological levels.
usually shows suport but nymex fallows $ rate.
mcx follows nymex

Bro,

My observations and Setups are as follows :-

1. Cluster + NPOC ---> Good Sustained Move
2. Sloping 20 EMA + NPOC ----> Good Scalping move
3.Breakout Failure +NPOC ---->> Good Trend Reversal Moves

All are trend continuation Moves (except the last one) and suit my pychee....:thumb::thumb::thumb:

 

[angira]

whole numbers are psychological levels.
usually shows suport but nymex fallows $ rate.
mcx follows nymex

then nymex crude go down then mcx also go down ?

sometime if nymex (30min or 15min.TF) go down them mcx crude go up.

may be also dollar movement takes part in this.

BUT CAN WE TRADE MCX CRUDE WITH MOVEMENT OF NYMEX ? HOW ?

angira...

 

[mt4trader]

then nymex crude go down then mcx also go down ?

sometime if nymex (30min or 15min.TF) go down them mcx crude go up.

may be also dollar movement takes part in this.

BUT CAN WE TRADE MCX CRUDE WITH MOVEMENT OF NYMEX ? HOW ?

angira...

MCX follows nymex upto the second.
after closing of currency market in india it follows exactly same with nymex.
nymex is level 2 data

 

[amandeep86]

How can we get Nymex charts with level 2 data at affordable cost with or without backfill facilty??

 

[mt4trader]

there is no cheap alternative for nymex.if you can open any usa broker with 1000$ in the name of NRI, some brokers providing free data.
you can a trail for 15 days,
my advice is learn first with mcx after getting confidence you subscribe to data

 

[amandeep86]

there is no cheap alternative for nymex.if you can open any usa broker with 1000$ in the name of NRI, some brokers providing free data.
you can a trail for 15 days,
my advice is learn first with mcx after getting confidence you subscribe to data

Crude data provided in mt4 is also live Nymex data(Free of cost) ,can we import that data from mt4 to Ninja,is it level 2 ??

are these templates for mt4 as well?

 

[mt4trader]

Mt4 is not level 2 data. It skip Manny ticks
OFA not possible to implement all trading platform.
Only ninjatrader can give all features

 

[Vinpoor]

@mt4trader
Good Evening Sir,

Have configured Ninjatrader with Truedata and best part is we can get tick data backfill as well sir.. However it is for only nse.. Mcx not available with them sir..

How about MCX data from global data feeds.. Do they provide tick data backfill sir?

Sir may i get the template sir which contains HVN/LVN?

Plz provide data mining and TPO classic indicator also sir.. Waiting to learn and test those indicators sir..

Thanks & Regards,
Vinuth B N

 

[amandeep86]

@mt4trader
Good Evening Sir,

Have configured Ninjatrader with Truedata and best part is we can get tick data backfill as well sir.. However it is for only nse.. Mcx not available with them sir..

How about MCX data from global data feeds.. Do they provide tick data backfill sir?

Sir may i get the template sir which contains HVN/LVN?

Plz provide data mining and TPO classic indicator also sir.. Waiting to learn and test those indicators sir..

Thanks & Regards,
Vinuth B N

As far as i know Global Data feed is providing only 1 Minute Data .

What is true data charging for NSE ,Is it for Cash or Future Options ??

Please post a screen shot of your chart with true data ,would like to try thei service if backfill facility is there.

Thanks

 

[Relish]

I had free data from FXCM. I found one trade, it may be wrong. I found whenever there is no order means gap in ladder then trade works opposite side. 1st 5mt TF if there is gap continue in 10mint TF then chances of going trade success increasing. Seen it last two weeks on dow jones. Rates may be different bcos of different feed & market maker broker type. I am using FXCM for one month trial...

If Gap is in buy side then take opposite trade (sell) If gap is in sell side then take buy side. eg 16535 there is gap in ladder buy side and buyer commitment is almost zero so selling is good idea. this gap also confirmed in 10 mints so sell order. now see next candle almost open just below gap area & goes down. It carried out till 16455 from 16535...be careful this is not right type of trade discussed earlier, it's only my observation. I am slow in learning so still watching video & reading thread .. please see chart blue marked as gap..

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