Analysis 4th May – Market Profile

We gave 5 stocks to trade @8AM today Morning in our telegram channel.

Almost all the stocks did give good movement, I traded on one stock ASIANPAINTS twice. Following the analysis and my thinking while I was trading. I used to post these charts live when I trade in Telegram. So join my telegram channel to know how I visualize the market using Market profile and Volume Profile

I am available in DISCORD Channel for discussion

SHORT TRADE

asianS

I shorted when Value area Low (VAL) was retested by the 9:25 candle and booked profit when the price got supported @ March 27th VAL.

asianL

I again went long after booking profit on short trade, as I got support from the previous week VAL. It gave a nice up move later in the noon. This is how we have to analyze the market rather than using slow technical indicators.

 

Join our DISCORD channel to know more about Market and Volume Profile

Thanks

Team FIG

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