Follow the Footprints to Profits

MarketDelta Footprint webinar that describes what a footprint is, shows the various types of footprints, and most importantly, shows traders some setups and patterns to look for. This webinar was presented by the creator of the Footprint chart, Trevor Harnett.

[@NickFoxer]

This is gold. Thank you.

[@agauerm]

Thanks for all this info! At 59:12 we have a support level with unfinished auction, then a couple of bars later we have the finished auction, the imbalance trigger, so far all beautiful, but then we have that big negative delta bar. Do you discard this info? I mean, if it were green great, more confirmation, but in this example, are the unfinished auction and imbalance triggers stronger than the negative delta bar on the bottom?

[@marketdelta]

Great question. You are correct, ideally it would have better to see a positive delta on that bar, but often we won't get everything perfectly lined up and the market doesn't wait on us. We have to make a judgement call and 2 out of 3 (finished auction, imbalance trigger) is good enough. Plus this was the 3rd test of this price level, so it was due for a bounce if it couldn't take it out.