How to read order flow footprint charts for trading Orderflows on NinjaTrader 8

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  • Опубліковано 6 вер 2024
  • www.orderflows....
    The concept of supply and demand is central to explaining how markets trade. Excess supply refers to a situation where the quantity of goods supplied exceeds the quantity demanded at the current price. This exerts downward pressure on prices.
    Here is a more detailed explanation of how excess supply makes prices go down:
    When supply outstrips demand, it means there are more units of a good available than buyers are willing to purchase at the given price level. This results in surplus inventory for sellers. Basically volume. Basically futures contracts.
    Facing excess supply, sellers become motivated to reduce prices to make some sales rather than let inventory pile up further. Lower prices also incentivize more buyers to enter the market.
    Excess supply signals that prices need to declineto reduce the surplus. The lower prices also make the market more attractive to potential buyers. This happens in the market over and over throughout the trading day.

КОМЕНТАРІ • 21

  • @mrinvesting
    @mrinvesting 6 місяців тому +4

    Finally, a clear explanation of who moves prices up and down in a market to find moments of equilibrium. Observing which type of market participants are currently in control and where exhaustion begins to take place is a key skill to develop on a trader’s development journey. Aggressive sellers or Aggressive buyers. Nice job on explaining the concept of order flow!

  • @bammylarsen1260
    @bammylarsen1260 6 місяців тому +1

    The ladder or DOM is also useful especially the one that depicts both active and passive participants at the same time. This is used in combination with the footprint chart to gain better insight into price action.

  • @thienlo
    @thienlo 3 місяці тому

    In video time 12:47 I don' t know if it's true but I think those aggressive buyers are either shorts covered, longs entries at support, and longs breakeven at 7: 40. Then at 7: 50 all buyers realized they were wrong and stopped their losses. I think the market have both passive and aggressive and both buyers and sellers presenting. The price goes down because both agree to trade lower prices and verse versa as prices go up.

  • @danal5813
    @danal5813 2 місяці тому

    Thanks so much for this video, great rundown that actually helped me understand these charts.

  • @ianzuniga1921
    @ianzuniga1921 6 місяців тому

    I used to have the doubt about that positive delta when candles were down...now I don't. Thks!

  • @Rohan-qn5fh
    @Rohan-qn5fh 3 місяці тому

    Keep the good work going. Thank you for the informative videos.

  • @miguelduarte75
    @miguelduarte75 15 днів тому

    wow that was really good, now how does one put this chart up on NT?

  • @nivaazsra
    @nivaazsra 6 місяців тому +1

    Thanks mate for the video. Can you share your views on market depth vs order flow. Is there any video link of yours for reference

  • @robertrix1585
    @robertrix1585 6 місяців тому

    Thx mate
    Yours video bring me closer to my dreams.
    Please don't stops.
    Peace ✌️

  • @bleach7409
    @bleach7409 Місяць тому

    we love you

  • @thomschery2800
    @thomschery2800 4 місяці тому

    [4:20] How is it possible that the bar you are talking about has more than two aggressive buyers when on the left side we have 31 buyers and on the right side we have 33 sellers.

    • @viktor42069
      @viktor42069 4 місяці тому +1

      The left side of a footprint shows marketsells/limit buys and the right shows mkt buys/limit sells.

  • @kwesintiforo2738
    @kwesintiforo2738 6 місяців тому

    Hi Mike. So would you say the footprint chart is more reflective of the time and sales? As opposed to the level II?

  • @radosawziemczyk1708
    @radosawziemczyk1708 6 місяців тому

    I love your movies Mike 💗💗💗

  • @innerpeaceinthedeep
    @innerpeaceinthedeep 2 місяці тому

    nice

  • @elyzajayne2419
    @elyzajayne2419 6 місяців тому

    Great explanation

  • @mohamedmantrach6287
    @mohamedmantrach6287 6 місяців тому

    Hello, i just bought order flows and i just got a licence token but no file or something to use to connect to ninja trader 8? your support doesnt answer and i dont know what to do, can you please help?

  • @lkdash
    @lkdash 6 місяців тому

    Can you ever show us how your orderflow tool works on stocks like $tsla?

  • @youssefkhaled6875
    @youssefkhaled6875 6 місяців тому

    Perfect ❤❤

  • @thisaradilan
    @thisaradilan 6 місяців тому