I'm honestly understanding this much easier than any chart patterns I've learned in the past. The software is a little out of my budget right now but nothing I can't save for. I am going to understand as much as I can about reading the footprints and putting these concepts together so when I am ready to purchase the software and implement I can have some decent background knowledge. Today I have learned that the footprint is read diagonally, you want to see 4x the amount of orders on one side (imbalance) with proper context and you want to see those imbalances stack with 3 or more to give you a good indication of market direction. Thank you so much Michael for introducing this to me. I'll keep at it until I feel I have a good understanding of how it all works. Cheers! :)
Hi Michael. Since I started trading with order flow charts I've been watching your content on TH-cam. They're great and had changed the way I see the market. I've got a question and hope you may help me with it. So here it goes. What does it mean when in a previous swing high which is tested I see a bar with positive delta but closing as a negative bar? I look forward to your reply. Thanks and keep up with the good work.
I'm honestly understanding this much easier than any chart patterns I've learned in the past. The software is a little out of my budget right now but nothing I can't save for. I am going to understand as much as I can about reading the footprints and putting these concepts together so when I am ready to purchase the software and implement I can have some decent background knowledge. Today I have learned that the footprint is read diagonally, you want to see 4x the amount of orders on one side (imbalance) with proper context and you want to see those imbalances stack with 3 or more to give you a good indication of market direction. Thank you so much Michael for introducing this to me. I'll keep at it until I feel I have a good understanding of how it all works. Cheers! :)
What are sequencing? An area where several asks are X time the same several bids?
Also sir how to get trained in it ?
How to get this setup?
Hi Michael.
Since I started trading with order flow charts I've been watching your content on TH-cam. They're great and had changed the way I see the market.
I've got a question and hope you may help me with it. So here it goes.
What does it mean when in a previous swing high which is tested I see a bar with positive delta but closing as a negative bar?
I look forward to your reply.
Thanks and keep up with the good work.
that's great to hear. keep up the good work.
It means the is someone absorbing all those buys as a passive. Most likely defending a big short position