One Of My Favorite Order Flow Trade Setups On An Orderflows Trader Footprint Chart
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- čas přidán 12. 12. 2022
- www.orderflows.com/oft6.html
One of my favorite order flow trade setups explained.
I wish it would happen more often, but you can only trade what the market presents to you. This setup requires patience and experience to recognize, as often times - due to market volatility - it occurs only once in a while. Nonetheless, when I do identify this opportunity, I know that it is likely the start of something interesting to come.
This is one of my favorite setups as well, also catching the traps of the buyers and sellers at the extremes
great opportunities are found around the extremes. the good thing about trading around extremes is you know pretty quick if you are wrong or right.
This is awesome, i had been searching for a good ask/bid chart video. Please keep up a good work!
Thank you, I was able to catch this today seeing the sellers give after a major rally
Super helpful video, really appreciate the new perspective to order flow volume. Thanks !
Thanks. Would like to see how you think about different levels.
Hey Mike, I noticed you have CL at the bottom of your chart. After a couple mercurial trades based on delta divergence that did the opposite of what I projected, I've had Crude Oil permamently off my watch list.
The few times I briefly checked back on CL to see if anything had changed, it still looked untradeable. I don't understand why the most liquid futures symbol is seemingly so opaque to me despite my not having this problem for gold, ES, NQ or currencies. And yet, you're not the only person I've seen that apparently trades it.
Am I missing something?? I would love to hear your thoughts!
Thank you very much. Great info
is the volume on the wicks the most important at a S/R area
Sir
In trapped buyer and seller
Setups
We see more volume trpped at extreme highs and lows
At tht wht to do
Really nice video, but how can I setup my Sierra chart to look like yours, an new to this method of trading. Thank you.
You can make your chart look like this by getting ninja trader version eight and purchasing the order flows indicator. It will look exactly like this chart.
Were can I find those charts?
So 1 contract when testing highs or lows? Does it have to be highs/lows? And does it only have to be 1 contract? Or 5?
Please how can I get this ninjatrader software with all the functionality
Hello sir,
You had the same ''1 buyer'' at 8:10 on a resistance and still price moved higher.
How to spot the difference ?
Thanks !
Hi mikael, the price isnot in relevant resistance in that case, also the candle is bullish...
@@kenyelluna1684thank you 👌
@Kenyel Luna exactly, you are right.
great !
Does forex pairs support footprint order flows?
Yes, all the markets support it
These tools are freezing my computer. I have tried to contact Orderflows without any success. I have a powerful computer but can't use the tools because my NT8 charts are freezing. Do you have customer service? Mike, I have sent you an email to your email address that came with my purchases, but still no response.
I give you tip in exchange for one too. It s simple just load 3days only . You dont need more to trade anyway .
Extremely complicated. Yucluster is very easy with Volume quantitative and delta.
at 8.20, 8.25 and 8.30 there were no sellers at the bottom (showed 0), yet market went down
He didn't say when there is zero seller/buyer then the market don't move... He said when there is no buyers the market won't pass the resistance...
@@Trading-And-Politics prove that you are wrong
He mentioned high of the day, so I suppose this is specifically about a retest of the HOD/LOD.
@@divinasi0n at 3:09 he quotes a dean witter guy, and says that it works both ways. and also at 8.10 it retested 7.55 high with 0 buyers, and went higher on next candle
@@gavnonadoroge3092 not sure what you mean by both ways; as i said, it can be both high or low of the day. As for what happened at 8:10, Mike stated that the candle should close before reaching a conclusion. Check the candle at 9AM, positive delta but closes red; that's divergence - passive shorts were absorbed by aggressive longs to a degree. You don't want to take a reversal trade with just one confluence 😅