Hey traders. I've just launched a new bundle for all 3 of my trading courses. Get them all together for a 25% discount in the course page on the description ☝
Nice video, thanks. A lot of the absorbtion is done by market makers for the following reasons: 1. To encourage 2-way trading. ( Absorbing top and bottom of ranges - often they do this between pivot points.) 2. Reducing volatility by absorbing behind momentum. 3. Stalling momentum for a planned reversal. 4. To protect themselves from getting burned by a one-sided market. Most trading days have plenty of examples of all the above.
Icebergs are a special type of resting order where you only see the first lot of contracts, it looks like a normal order, when you hit it, it keeps reloading and it may stop that diectional move.
Question what is the indicator called and where could I find it the one that you describe as executed market orders the horizontal green and red lines? Thank you!
How do you get the blue and red volume profiles on each candle? As shown on the footprint candle chart on the middle / right of your screen. Thank you for any information.
In the settings. Under the Column 1 settings in the shade background I just set it to shade it based on "Bid - Ask" which is Delta basically. So the bigger the red highlight, more aggressive selling and vice versa for blue.
@@PriceActionVolumeTrader thank you for this reply. I appreciate it. I am going to do this now. Thank you for all your content. It is very informative. I subscribed and liked and in the future will be checking out your website link. Thanks again.
Hi, thank you for this clear and concise explanation. Wanted to know do you have any course in crypto trading based on OrderFlow and Volume Profile or can you point me in the right direction.
What I’m not quite clear on is, do stop losses and take profits getting hit tally as aggressive orders on the volume footprint? I know the footprint is showing market orders but stop losses and take profits are generally done as stop orders. Can anyone clarify? Thanks a bunch.
I'm just curious, when did you start trading? What market do you trade? Forex is not centralised like the SP 500 , so my question is : can you still use footprint chart to trade Forex ? Do you trade Forex ? Thank you for your lessons
Hi Eduard. I have a bio on my website, but I started actively trading in 2017. I started in Crypto and Forex, and have been exclusively trading futures now since 2019. You are correct. Forex is not possible with Orderflow unless you trade the CME currency futures. But the volume on those are pretty wear overall. With Forex I focus just on Volume Profile and Price Action.
@@PriceActionVolumeTrader I started in 2021 and in crypto. I bought some LTC in 2013 and i sell it in 2021 with 10X profit and bought ADA , the i make money because of the bull run and then i lost it all :) I blow may account 2 times already and now i'm learning and then i start trading again. What software do you use for backtesting ? Thank you
I mostly manually just backtest and do chart replays. I will use the native replay feature on Sierra Chart for my future testing. Or I just scroll back on the charts in Sierra or Tradingview making annotations.
@@PriceActionVolumeTrader I have paid for Forex Tester 5 but didn't use it yet. Because you are more experience than me , which market is the best to trade in your opinion?
Which forex market? or just market in general? In forex I liked EUR/USD and AUD/USD the best. But I think the main 7 dollar pairs are the best choice. But overall I love futures markets best. I like they are centralized, high volumes, regulated and you can use orderflow along with VP and PA and all other strategies. I feel it is the most "serious" market if that makes sense. I think a lot of people start in crypto/forex and then eventually go into futures as they get more experienced. And now with the Micro contract sizes it is a lot more accessible to retail traders.
Do you have a course mainly explaining how to use the delta profile. I see everyone teaches on the volume profile, but don’t spend much time explaining the delta profile.
Yes, it is possible with certain brokers. I would check their website but I know you could use LMAX, FXCM, and others. I only trade futures on Sierra Chart and I have used Tradovate and Stage 5 for it.
You just have to be observing live the orderflow on a DOM or Footprint Chart. Is the large player reloading orders? Or do they bail and then it can break through.
Yeah it can be called either depending on location. Absorption and distribution is more of price action and market structure term. In orderflow especially short term it’s when you see trapped aggressive traders with higher volumes stopping momentum.
There are many ways to set up footprint charts. The most basic is bid x ask, but as I show in the video I sometimes use volume x delta. So the left column is all contracts bought and sold at that level. It’s all part of the day trading strategies I use and teach in my courses.
Yes, you get a whole Sierra Chart template with several footprint charts, TPO (market profile), various timeframe charts and tick charts and all orderflow studies on them
Hey traders. I've just launched a new bundle for all 3 of my trading courses. Get them all together for a 25% discount in the course page on the description ☝
Nice video, thanks.
A lot of the absorbtion is done by market makers for the following reasons:
1. To encourage 2-way trading. ( Absorbing top and bottom of ranges - often they do this between pivot points.)
2. Reducing volatility by absorbing behind momentum.
3. Stalling momentum for a planned reversal.
4. To protect themselves from getting burned by a one-sided market.
Most trading days have plenty of examples of all the above.
Thank you. How did you learn that ?
these are done by multiple algorithms which priced the market in a way to liquidate everybody they can
Thanks alot for your great videos and teaching. The volume profile and ur Videos changed my trading 100%
Great to hear!
what a lesson ,thank you much for this info
Glad you enjoyed it!
Great explanation. Thank you
Learn all my orderflow and volume profile trading strategies on my Day Trading course: courses.priceactionvolumetrader.com
Icebergs are a special type of resting order where you only see the first lot of contracts, it looks like a normal order, when you hit it, it keeps reloading and it may stop that diectional move.
Thanks so much you really cleared this up for me 🙏
PHENOMENAL VIDEO!!!!!!!! THANK YOU FOR MAKING THIS!!!
Question what is the indicator called and where could I find it the one that you describe as executed market orders the horizontal green and red lines? Thank you!
Great explanation and example, very informative. Thank you :)
Thank you for your gold videos ! Can you tell me please how i can set the volumes in thr candles ? Thank you!
Really love the intro song
Thanks for the video
How do you get the blue and red volume profiles on each candle? As shown on the footprint candle chart on the middle / right of your screen. Thank you for any information.
In the settings. Under the Column 1 settings in the shade background I just set it to shade it based on "Bid - Ask" which is Delta basically. So the bigger the red highlight, more aggressive selling and vice versa for blue.
@@PriceActionVolumeTrader thank you for this reply. I appreciate it. I am going to do this now. Thank you for all your content. It is very informative. I subscribed and liked and in the future will be checking out your website link. Thanks again.
Really good! Loved it!
This chanel is treasure
Great to hear
Hi, thank you for this clear and concise explanation. Wanted to know do you have any course in crypto trading based on OrderFlow and Volume Profile or can you point me in the right direction.
Sure. My Daytrading course with VP and Orderflow all the concepts can be applied to crypto as well.
What I’m not quite clear on is, do stop losses and take profits getting hit tally as aggressive orders on the volume footprint? I know the footprint is showing market orders but stop losses and take profits are generally done as stop orders. Can anyone clarify? Thanks a bunch.
Correct. Most times stop losses snd tps are triggered as market orders.
pas mal du tout merci l'ami
You are Just Excellent
Awesome Stuff. Thanks a lot for sharing all this. Appreciate it !!!
My pleasure!
I'm just curious, when did you start trading? What market do you trade?
Forex is not centralised like the SP 500 , so my question is : can you still use footprint chart to trade Forex ?
Do you trade Forex ?
Thank you for your lessons
Hi Eduard. I have a bio on my website, but I started actively trading in 2017. I started in Crypto and Forex, and have been exclusively trading futures now since 2019. You are correct. Forex is not possible with Orderflow unless you trade the CME currency futures. But the volume on those are pretty wear overall. With Forex I focus just on Volume Profile and Price Action.
@@PriceActionVolumeTrader I started in 2021 and in crypto. I bought some LTC in 2013 and i sell it in 2021 with 10X profit and bought ADA , the i make money because of the bull run and then i lost it all :)
I blow may account 2 times already and now i'm learning and then i start trading again.
What software do you use for backtesting ?
Thank you
I mostly manually just backtest and do chart replays. I will use the native replay feature on Sierra Chart for my future testing. Or I just scroll back on the charts in Sierra or Tradingview making annotations.
@@PriceActionVolumeTrader I have paid for Forex Tester 5 but didn't use it yet.
Because you are more experience than me , which market is the best to trade in your opinion?
Which forex market? or just market in general? In forex I liked EUR/USD and AUD/USD the best. But I think the main 7 dollar pairs are the best choice. But overall I love futures markets best. I like they are centralized, high volumes, regulated and you can use orderflow along with VP and PA and all other strategies. I feel it is the most "serious" market if that makes sense. I think a lot of people start in crypto/forex and then eventually go into futures as they get more experienced. And now with the Micro contract sizes it is a lot more accessible to retail traders.
Do you have a course mainly explaining how to use the delta profile. I see everyone teaches on the volume profile, but don’t spend much time explaining the delta profile.
Yes, I talk about both cumulative volume delta and also vertical delta profile strategies in my day trading with orderflow course.
How do I add gamma onto the number bars chart?
Hey is it possible to trade Forex with Sierra charts? And what Brokerage are you using? =)
Yes, it is possible with certain brokers. I would check their website but I know you could use LMAX, FXCM, and others. I only trade futures on Sierra Chart and I have used Tradovate and Stage 5 for it.
I was looking for similar tool for us30. Does this work on US30?
In CME futures yes.
Sir, what if...the agressive buyer consume all the pending limit sell orders.....how could I guess , who is going to win...before a move happens...
You just have to be observing live the orderflow on a DOM or Footprint Chart. Is the large player reloading orders? Or do they bail and then it can break through.
Awesome work 🔥
Thanks Omar
Great vid sir
how can i add on siera charts the imbalances as your chart, highlighted in blue and red on the footprint chart?
Yes. There are options for each column for the background or text color. Go to the numbers study settings for footprint.
Can it be called distribution at the top too ?
Yeah it can be called either depending on location. Absorption and distribution is more of price action and market structure term. In orderflow especially short term it’s when you see trapped aggressive traders with higher volumes stopping momentum.
on a footprint the left hand side is always contracts sold im confused by your video
There are many ways to set up footprint charts. The most basic is bid x ask, but as I show in the video I sometimes use volume x delta. So the left column is all contracts bought and sold at that level. It’s all part of the day trading strategies I use and teach in my courses.
@@PriceActionVolumeTrader best tip I got was how you overlay the delta on the profile. Simple and effective.
helpful
Do you get the footprint chart for free when you pay for the course?
Yes, you get a whole Sierra Chart template with several footprint charts, TPO (market profile), various timeframe charts and tick charts and all orderflow studies on them
How can I get the sierra chart settings please
I made a video on how to build a basic sierra chart footprint with a free template download. It’s in my recent videos.