Using Virgin Point of Control (VPOC) in Day Trading Setup

I am really impressed after I read the book Just a Trade a Day: Simple Ways to Profit from Predictable Market Moves (Wiley Trading) written by Michael Jardine. I have tested the theory in the Indian stock market and will discuss my findings here. In this article, I’ll talk about three things. 1) The Price … Continue reading “Using Virgin Point of Control (VPOC) in Day Trading Setup”

The Evolution of Auction Process in Stock Market

The marketplace’s job is to make it easier for people to buy and sell things. Price will keep going up and down as it tries to find a place where trade can happen easily. If the price is too low when the auction starts, it will go up to find sellers. On the other hand, … Continue reading “The Evolution of Auction Process in Stock Market”

Market Profile Charts or the Money Zone: A Guide

Market Profile Trading is quite different from classical technical indicators. It was developed by a trader at CBOT (Chicago Board of Trade), J. Peter Steidlmayer. It was first introduced to the public in the year 1985. Though it came into existence decades ago, traders find it difficult to understand even now. Today’s article will cover the basic … Continue reading “Market Profile Charts or the Money Zone: A Guide”

Volume Profile Indicator Usage & Trading Strategy

Volume Profile indicator is an advanced charting study that displays trading activity over a specified time period at specified price levels. The study which is accounting for traders defined parameters such as the number of rows. This indicator has also a histogram on the chart, it reveals dominant and significant price levels based on volume. Basically, the … Continue reading “Volume Profile Indicator Usage & Trading Strategy”