4 ideas how to trade breakouts
In his book ‘Trades About to Happen: A Modern Adaptation of the Wyckoff Method’ David H. Weis gives a simple but important figure. It is called Where to Find Trades. The Figure is accompanied by a comparison which you will easily understand if you are a fisherman. Weis writes that the fish bites better at […]
Strategy of using the footprint (example of a russell 2000 e-mini)
In this article we will consider yet another strategy of applying the Footprint chart, this time for trading in the Russell 2000 E-mini market, which is quite popular among retail traders. The main reason for its popularity is that a lot of price movements and reversals take place in it. It facilitates emergence of wonderful […]
Absorption of demand and supply in the footprint chart
Independent from what market you trade in, whether it is the Forex, futures or stock market, you will face absorption of minor market participants by major market participants every day. Today we will show you how this absorption looks like on a simple example of a Bid x Ask Volume Profile Footprint chart of the […]
Strategy of using the footprint (example of a currency futures)
We already wrote in our blog in detail about the most popular currency futures contracts, such as: EUR futures and GBP futures. Today we will go further and consider a simple but efficient strategy of using the Footprint through the example of one of these futures contracts. In this article: Advantage of the currency futures market. Basic principles. […]
Support and Resistance. Mirror levels. Trading strategy
Support and resistance levels are, no doubt, the most frequently used concepts of the market analysis. Support and resistance are used both in the classical technical analysis and in progressive directions – analysis of clusters, deltas and profiles. In this article, we will tell you not only about the classical side of application of the […]
How to identify an entry point on an exchange?
An entry point in trading is a point of opening a position at the price, which was previously identified or calculated in accordance with a trading strategy (how to develop a trading strategy). The best entry point is the point which ensures low risk and high profit. We will speak in this article about how […]
Strategy of using the footprint through the example of dax.
Dax is a German stock index, calculated on the basis of 30 stocks of the biggest and most liquid German companies. It is a very volatile instrument, which provides traders with wide trading opportunities. You may efficiently apply practically any of the footprint strategies, described in previous articles, in the Dax market. This index is […]
TOP-7 SMART DOM SETUPS FOR TRADING.
Every trader wants to find 1 setup he can rely on. We give 7 of such setups! You can rely on them since we will discuss only those setups for intraday trading, which have the risk-reward ratio > 1:3. Setups for trading are based on real patterns of behaviour of buyers and sellers, which you […]