Finding a trading strategy that works has been a puzzle and everyday through a lot of hard work I find another piece of it. This video is a MASSIVE piece of that puzzle. Really explained a few things that I was confused by, much appreciated!
💙💛🧡💚 Great video Zapp Brannigan. We love your content and appreciate your commentary. Thanks for helping us to identify areas of interest in the foot print 💙💛🧡💚
So does a dramtic shift in the bid ask indicate it got absorbed and didnt succeed which is then probable the price has shifted from buying to selling or vice versa ?
3 years late, but when we see stops being raided, are limits usually triggered? Rephrased: do limit buys = cause for the absorption in an example like this?
1 year late but ask yourself does what you asked really matter? All you need to understand is the characteristics to absorption and consolidation... If that's the story you want to tell in your head to develop a game plan then that's fine! You can make a fair argument for that being the case as long as the basic principals to what absorption is are present.
You are completely wrong about absorption cause when the price braek down and aggresive sellers step in then passive buyers absorb everything what they got,that is absorbtion.That what you expleined on the beggining on CL that is a dyvergency!!!!!
![The Exhaustion Reversal [TRADING STRATEGY]](http://i.ytimg.com/vi/0zc2jpsjXNM/mqdefault.jpg)
![The Exhaustion Reversal [TRADING STRATEGY]](/img/tr.png)
![5 Principles To Identify Auction And Absorption [FOOTPRINT CHART]](http://i.ytimg.com/vi/dfz2rvzSpN4/mqdefault.jpg)
Would be awesome to have a playlist of examples like this. Amazing stuff. Don't think there's education like this on the market out there.
Finding a trading strategy that works has been a puzzle and everyday through a lot of hard work I find another piece of it. This video is a MASSIVE piece of that puzzle. Really explained a few things that I was confused by, much appreciated!
10/10 explanation on the depth of absorption using footprint charts, also learnt that Superman wore glasses 8:49. Other than that great video! 😅
Thanks for watching!
would you be able to use a pinch point from a lower timeframe to help you get into the trade earlier? thanks
💙💛🧡💚 Great video Zapp Brannigan. We love your content and appreciate your commentary. Thanks for helping us to identify areas of interest in the foot print 💙💛🧡💚
So does a dramtic shift in the bid ask indicate it got absorbed and didnt succeed which is then probable the price has shifted from buying to selling or vice versa ?
3 years late, but when we see stops being raided, are limits usually triggered? Rephrased: do limit buys = cause for the absorption in an example like this?
1 year late but ask yourself does what you asked really matter? All you need to understand is the characteristics to absorption and consolidation... If that's the story you want to tell in your head to develop a game plan then that's fine! You can make a fair argument for that being the case as long as the basic principals to what absorption is are present.
That was a good point about two way absorption but identifying a pinch point in real time is still tricky.
So why exactly was 56 specifically the pinch point?
Thanks for watching!
Could watch this one a few times more…making sense…
Keep up the good work Genny.
Somebody teach this man how to spell absorb
You do understand that he is spelling it correctly? 😂
You are completely wrong about absorption cause when the price braek down and aggresive sellers step in then passive buyers absorb everything what they got,that is absorbtion.That what you expleined on the beggining on CL that is a dyvergency!!!!!