Market Footprint

Discussion in 'Trading' started by syswizard, Oct 16, 2019.

  1. Yes. I wonder if I am alone…
     
  2. How are you doing with it ? What are you trading with it ?
     
  3. danielc1

    danielc1

    You are not alone. I use it on sierracharts
     
  4. Same question: How are you doing with it ? What are you trading with it ?
     
  5. Excellent. ES, CL, ZB, GC. There are lots of resources out there on the web. I have even written some. Google is your friend.
     
  6. I've been in a trading room that uses it. Performance: awful at best.....trading ES.
    They combined Volume Profile and Money Flow index.
    I find it overly complex. I get a headache looking at the hundreds of numbers on the screen.
     
  7. danielc1

    danielc1

    CL, YM, E7
    You need to spend some time to understand the relation between price movement and delta. You will see in real time what 'they' are doing and learn how you can react on it. Go with the flow and sometimes go against the flow, it is all in the print
     
  8. danielc1

    danielc1

    It depends also at what level they are looking at. If it is in out, hunderds of print, maybe they need to get a bigger picture to trade from
     
  9. Level ? Don't know.....7 minute bars is all I know. In Out ? What does that mean ?
    You guys using this tool are in a whole different world of technical analysis.
     
    #10     Oct 16, 2019