This article is mostly for those traders who have just started to study trading by cluster charts. A beginner should develop own understanding of how to read footprint correctly. We speak here both about training of visual perception, that is, how to find necessary information in the chart, and about training of analytical skills in […]
“A trader is only as good as the stocks that he trades”. Mike Bellafiore Mike Bellafiore is one of the founders of a proprietary trading firm (what proprietary trading is) in New York. For more than 15 years he teaches traders how to select instruments for trading in order to increase their chances for success. […]
To catch a major player, you need to think like a major player. In this article, we will try to put ourselves in the shoes of the manager of a big capital, so that we could read the chart better being a regular trader. It is not difficult to notice a splash of volume in […]
Flat on the exchange is a widespread phenomenon and is characterised by small market volatility. It is believed that more than a half of its time the price stays in flat, because the trend stages develop faster than flat stages. We will speak in this article about: what flat is; how to trade it; why […]
Footprint charts appeared about 20 years ago, however, there’s still little information on this trading subject on the Internet. And there are no printed books at all, although Footprint is an efficient and modern instrument. ATAS has 25 variants of cluster charts. They show the number of bids and asks, number of seconds and trades […]
