How To Trade The Delta Reversal Strategy [FOOTPRINT CHART]
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- čas přidán 31. 03. 2019
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This footprint trading session features a step-by-step guide on how to trade the delta reversal strategy. Brannigan shows how a trendline was formed after the third time the EURUSD market was bought up. This created a trigger point around which people are influenced to respond and is confirmed by higher volume and more volatility.
It is crucial that at the break of this trigger point that we see sellers being rewarded with price confirmation. Further, that market should not return to take out the price where the trigger point occurred.
The Delta Reversal therefore involves three parts:
1) Trigger
2) Positioning
3) Price confirmation (volume + volatility)
Brannigan then uses the example to show how to identify a trigger point of interest and then zooms into the area using the footprint chart. We see that as soon as the breakout failed to follow-through and crossed back above the "line in the sand", volume and volatility increased as shorts needed to stop out.
Additional Rules for a Delta Reversal:
1) Never preempt
2) Access point is unique
3) Opportunity is in the unwind of positions
4) Momentum / volatility play, therefore be aggressive
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I love the way you teach order flow. Please do more 🙏
great value: volatility, volume, delta. And then the story of each rotation. Key question: what is the interaction after the breakout. thanks a million for this.
Love this video
Thank you, especially for me who is a beginner who is learning and joining the NFC Community
Great video👍
Thank you mate!
thank you so much , sir!!
This means we can use E6 footprint chart to trade eurusd on spot trading account?
amazing explanation
Thanks so much!
So is it basically a VWAP bounce no?
thanks for the video but I'm confused, you talked here about precision with "precise access points" and 4 pips stops. But you've said in many other videos that the market is not so precise. Furthermore, a 4 pip stop could easily be noise or an attempt to wash out weak hands and has a high probability of being hit
you have to put everything into context relative to what the market has told you before based on differend information, good luck!
Depends which product you're trading and in futures it ticks not pips ;)
You're talking about a broader order flow event. To simply explain his point. It's like walking out on a frozen lake. The ice (liquidity) is thick supporting your weight. But then there's weaker parts along the path where bids are thin. When you step on the thin part of the ice it can't support your weight you crash through. This is what he's talking about. It's a crash at the trigger point. But to your point if weak hands are getting washed. You're going in the direction of the wash anyway not against it.
Thanks for this tutorial, my question is, how dos this differ from the Key Reversal if at all?
Hi SunsTo7. Key Reversal happens usually in confluence with higher timeframe zone/level.
thanks for such a great video sir.. _/\_
Linguistically he was so passionate in explaining this lol.
I feel like this guy has a lot to learn when it comes to order flow
has a lot to teach*
lot to learn from this expert
Why does no one color their volume bars? Green to red high volume = resistance. Red to Green high volume = support. Basic analysis, volume spikes at the edges create channels. Volume per candle in the middle is much lower (value area), lower vol per trade but much higher number of trades.
Pop quiz- where do market makers make their money, in the middle or at the edges?
Edited one year later for clarity. Interesting to read comments from when you first started trading. ;)
Yes, literally what i been thinking, most def colored vol bars create a significant edge in the market. But a lot also have an value area indicator or sth, in ninjatrader atleast i've seen some softwares.
Not needed the strength of volume is being measured on the y axis if you look to the right. Which is why it's not heat mapped. To your other point about market makers. They make money in the spread being neutral not picking a bid or ask. Market makers have never been directional bias they're job is just to facilitate trade matching a buyer with a seller and vice versa. They get paid for playing cupid not finding a date to go to prom with.
They're basically auctioneers they just use price as an advertising mechanism to get buyers and sellers to start participating.
@@_Iamdmoney 2 years later and now as a successful trader I can confidently say your assessment of market makers is correct. I'm gonna assume one speaking so casually about market makers means you're making money. If that's the case, cheers!
@@_Iamdmoney Btw have you ever watched Lord of War?
When you do history is great but in real market not so easy
it is tho :D, just have to practice, practice and more practice. Eventually the edge you have built will pay off, all relies in you :). Especially more easy in a 5m chart
This is trading on Elliott waves
Karate kid or ninja turtles?