Justfintech

Auction Market Theory, Market Profile, Orderflow, ProAMT Analysis. Trading System, Indicators & more.

[Justfintech @justfintech]

#AMT #TRADING Recommended reading list from Amateur to Pro for those who want to trade market generated info

[Justfintech @justfintech]

Commitment by Clients on the options front is still heavy PUT shorts while PROs do not have much commtment in options yet. Need to watch out which side they build positions.

[Justfintech @justfintech]

26-07-19 After booking out most of the CE shorts in Expiry & minting for the entire expiry, PROs now hold 10% +ve Index Fut while FIIs hold 50% -ve Index Fut & FIIs as usual might be using it for hedge as Index went up even when they are nexk deep short on Fut

[Justfintech @justfintech]

26-07-19 After booking out most of the CE shorts in Expiry & minting for the entire expiry, PROs now hold 10% +ve Index Fut while FIIs hold 50% -ve Index Fut & FIIs as usual might be using it for hedge as Index went up even when they are nexk deep short on Fut

[Justfintech @justfintech]

24-07-19 Clients liquidated few longs in Index fut & did short covering in PUT shorts. FIIs did some short covering as well & PROs added shorts in CEs but in Index fut their net OI has come to -ve 4195 from -ve 21244 on 15-07
Move has been milked for this expiry by them

[Justfintech @justfintech]

23-07-19 Clients went long as usual in the dip & PROs & FIIs combined milked the move by selling generously to the clients. Clients back to PUT selling as well but seems like Clients could book some profits in Index fut in the Intra upmove as the 6% Long OI is back to 3%

[Justfintech @justfintech]

22-07-19 Clients went long as usual in the dip & PROs & FIIs combined milked the move by selling generously to the clients. Clients tired of PUT seeling so covered few PUT shorts & rather started buying Futures & now hold a 6% +ve OI in Index Fut

[Justfintech @justfintech]

Data works only for those who know what to do with the data like Raw mangoes work only for those who know to make pickle or Aam Panna out of it.
Data is as raw as that mango and need to experience what to do with it to get insights for trading.

[Justfintech @justfintech]

Correlation of Index move in direction of PROs which was 57% is now 87% and can see that on Monday itself PROs were back on track above 60%
0.57
0.66
0.80
0.80
0.85
0.87

[Justfintech @justfintech]

Correlation of Index move in direction of PROs positions is on an average abv 60% in past 100 days whereas the correlation of Index move against Clients positions is 67% in past 100 days. Today the PROs correlation has dropped to 57% but should be abv 60% on Monday or by Tuesday

[Justfintech @justfintech]

Clients just hold 3% OI in Index futures which is net short which should not affect much. What is hurting them is all their concentration is on PUT selling where they have 246486 net short & they are averaging the PUT selling since 02-07-19

[Justfintech @justfintech]

19-07-19 Clients going long in each dip & PROs & FIIs combined milking the move by selling generously to the clients. This is overall commitment but seems like clients have been taken over by option selling mania. Refer next tweet for tht

[Justfintech @justfintech]

@raj_85 Even if you consider April last week thn average price of their longs wil be more thn the current trading price.

[Justfintech @justfintech]

12-07-19 Post Weekly Expiry where PROs dropped large chunk of shorts while Clients liquidated longs, Friday saw FIIs go long & PROs sideways. Ref for upside 11625, 11710 & on Downside 11495 where exhancge of OI happened.

[Justfintech @justfintech]

Correlation of Index move in direction of PROs positions is on an average abv 60% in past 100 days whereas the correlation of Index move against Clients positions is 67% in past 100 days. Today the PROs correlation has dropped to 57% but should be abv 60% on Monday or by Tuesday

[Justfintech @justfintech]

12-07-19 Post Weekly Expiry where PROs dropped large chunk of shorts while Clients liquidated longs, Friday saw FIIs go long & PROs sideways. Ref for upside 11625, 11710 & on Downside 11495 where exhancge of OI happened.

[Justfintech @justfintech]

10-07-2019 Value buying by clients shooting through roof & PROs not leaving any stone unturned to milk the downmove till the end. 1 day of silence by PROs & index halted yday & today again PROs milked it all the way down. Till Clients don't start liquidation upmove can't sustain

[Justfintech @justfintech]

@VishalLathia27 Depends on TF that you are looking at. FAs of IB are almost meaningless as markets have evolved and once herd follows mechanical stuff, there is always someone else doing opposite. Better FAs are the 1s which are outside a broader range & back

[Justfintech @justfintech]

09-07-19 Clients did further value buying and PROs covered some shorts which could halt the meltdown in Index. Clients need to liquidate longs for any upmove & PROs need to start covering shorts. Extent of upmove depends on how soon Clients go short else back to downmove

[Justfintech @justfintech]

@sandeep_naredla Till yesterday only. Today's data has not pushed into the database yet

[Justfintech @justfintech]

08-07-2019 Clients never ever miss a chance to do value buying on each dip from the highs and PROs milked the downmove with their shorts.
Sheep Index lowest in 2019 & difficult to stay at extremes but exposure of clients in longs is alarming & highest in 2019

[Justfintech @justfintech]

@trend_is_king @Raminations @sweetspottrader @bbrijesh @ap_pune @Nifty9696Mode @Arunstockguru @madan_kumar Would suggest to input the margin amount and the risk you want to take for that trade, expected returns & accuracy (if you have a backtested system) and chk how many lots you can trade https://t.co/NdHWPfngxP

[Justfintech @justfintech]

@T7e7e Which indicator are you using ?
If you have option in the indicator then choose uptick downtick and it will show up.
Also hope tht you selected the bid ask while doing the backfill

[Justfintech @justfintech]

@apeksha02 Not 100% sure if any data is missing , else have 10 days where the days range was completely below 10300

[Justfintech @justfintech]

Since 7th Feb 2018, #NF has stayed outside the range of 02/02/18 - 06/02/18 for just 10 Trading sessions or 10% of the time till date.