Markets seek value and then move away from value. This quest for value creates asymmetric trading opportunities. This is an attempt to identify asymmetric trade opportunities. Market profile terminology is used without explanations.







Wednesday, December 22, 2010

Trade Plan 12 - 22 - 2010

NIFTY

VA continue to rise. But range is small. Breakout from the VA is a trade opportunity.  5 traded plans are marked in chart. Ooops, in the last two days open deos not fit into any trade plans.


Watch the monthly profile and Merged profiles.
The profile shows lack od development in the middle part, or is it remain as Double Didtribution
In merged profile view, the verical move is losinsg steam as it formed a balanced day. These are hints pointing to a down move.



Another scenario for today

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