Order Flow Trading - Introduction to the Footprint Chart Step by Step

  Рет қаралды 76,764

TRADEPRO Academy

TRADEPRO Academy

Күн бұрын

In this video, we introduce you to one of our favorite order flow trading tools - the Footprint chart! Learn to execute like a professional trader by incorporating this tool into your day trading strategy. In This video you will learn about order flow trading step by step.
Join our FREE COMMUNITY CHAT to be a part of a thriving community and get live updates and analysis
community.tradeproacademy.com/​
Get a sneak peek into what it's like to be a TRADEPRO.
🔔 Subscribe for FREE daily morning news updates at 9AM before the US market opens to trade.
👍 LIKE our video to let us know to keep up the good work.
___________________
Do you want to know what you will learn when sign up to TRADEPRO Academy Sign up to our free training. You will receive the first lesson of our 6 valuable courses.
👉 bit.ly/TPAfreecourseFTR
Subscribe to our channel for FREE daily morning updates at 9AM, and like our video to let us know to keep up the good work.
If you want to learn how to trade in the stock market, our beginner foundations course is available in any of our packages, learn more below:
👉 bit.ly/tradingfoundationcourse
Every morning we trade the US Open with our members.
Want to join us in our exclusive live trading room (Pro & Elite)
Sign up to be a TRADEPRO member here:
👉 bit.ly/2tyLxzi
Follow Us On Facebook
⬇️ ⬇️ ⬇️ ⬇️
✅ Follow on Twitter
bit.ly/2MiWFwu
✅ Follow on Instagram
bit.ly/2H5T3dh
✅ Join Private Facebook Page
bit.ly/2YOWOyG
Suggested Watch:
Options Trading Tutorials
👉 bit.ly/tpoptionstrading
Day Trading Tutorials
👉 bit.ly/daytradingtp
Future Trading Tutorials
👉 bit.ly/tpfuturetrading

Пікірлер: 94
@avoterz123
@avoterz123 Жыл бұрын
I’ve watched videos that were over an hour long on this topic, even from market delta about the topic, and this short video did more for me than all the others. Appreciate your channel. Definitely will subscribe and think about joining the service.
@TradeProAcademy
@TradeProAcademy Жыл бұрын
That's great to hear. We aim to make our videos easy to digest and straight to the point. If you're still thinking about joining our community, you can join our Free Membership today! Sign up here: bit.ly/41TQh1v
@jannathompson6680
@jannathompson6680 5 жыл бұрын
Thank you! I've listened to this three times and it helped me through my block! You guys are awesome!
@TradeProAcademy
@TradeProAcademy 5 жыл бұрын
Happy to hear that! That's why we make em! Stay awesome
@cajuninvestor8091
@cajuninvestor8091 5 ай бұрын
Excellent overview. Like the previous commenter indicated: I too learned more in this short video than more extensive explanations. Thanks!
@dgee1625
@dgee1625 5 жыл бұрын
Very well explained in such a short video. Great job!
@TradeProAcademy
@TradeProAcademy 5 жыл бұрын
Thanks Dennis, appreciate you - Mark!
@SuperKevinFS
@SuperKevinFS 3 жыл бұрын
new to order flow excellent video
@siragbennaser7813
@siragbennaser7813 Жыл бұрын
Awesome session, short and precise. Thanks so much
@TradeProAcademy
@TradeProAcademy Жыл бұрын
Thanks for tuning in. Stay tuned for more valuable content!
@POPCORN-ys9tt
@POPCORN-ys9tt Жыл бұрын
Thank you for the value. Looking forward to learn more!!!!
@TradeProAcademy
@TradeProAcademy Жыл бұрын
We are happy you found value in our content. Stay tuned for more valuable trading content!
@memories-fh5fd
@memories-fh5fd 3 жыл бұрын
awesome session!.. do i need any addin to Sierra Charts in order to create this footprint template or is it out of the box?
@blair3594
@blair3594 5 жыл бұрын
Very nice short recap and explanation of heat maps.
@TradeProAcademy
@TradeProAcademy 5 жыл бұрын
Thanks for watching Blair!
@asimafzaal1661
@asimafzaal1661 3 жыл бұрын
Excellent
@orimoreno2387
@orimoreno2387 4 жыл бұрын
Hi guys awesome video, how did you set up the order flow on the plataform? is it Sierra charts plataforms? Help me pleaseee
@fliptrading83
@fliptrading83 3 жыл бұрын
Very well explained you are a professional keep on we need you for more secrets
@TradeProAcademy
@TradeProAcademy 3 жыл бұрын
Thanks for your feedback! Make sure to check our the rest of our channel, we upload several videos each week!
@fifielcoolio
@fifielcoolio 3 жыл бұрын
brilliant video, thanks!
@TradeProAcademy
@TradeProAcademy 3 жыл бұрын
Hello, Thank you so much for watching and commenting. We're so glad you found this video helpful. Stay tuned for much more :)
@jordi.lozano.v
@jordi.lozano.v 2 жыл бұрын
Awesome vid! Thanks!
@TradeProAcademy
@TradeProAcademy 2 жыл бұрын
Thanks for watching. Be sure to check out our other videos!
@DB-qx7dr
@DB-qx7dr 2 жыл бұрын
Great video sir, an excellent breakdown
@TradeProAcademy
@TradeProAcademy 2 жыл бұрын
Thank you!
@kusamotlekan2105
@kusamotlekan2105 2 ай бұрын
I have watched tuns of videos and I can boldly say that this the best among …pls how can I get the footprint chart? Any idea
@evansntiamoah7207
@evansntiamoah7207 Жыл бұрын
Thanks so much
@TradeProAcademy
@TradeProAcademy Жыл бұрын
Thank you for watching. Stay tuned for more valuable trading content!
@youneskhan6748
@youneskhan6748 2 жыл бұрын
all the best thank you
@TradeProAcademy
@TradeProAcademy 2 жыл бұрын
Thank you for watchig. Be sure to check out our other videos.
@Mybody4life
@Mybody4life 5 жыл бұрын
Great video
@TradeProAcademy
@TradeProAcademy 5 жыл бұрын
Thanks David!
@_davideisidoro_
@_davideisidoro_ 3 жыл бұрын
great video: now i understand how to read footprint...
@TradeProAcademy
@TradeProAcademy 3 жыл бұрын
Hello! It's so great to hear that you found value in our content. Wish you all the luck in your trading journey!
@judefernandez4932
@judefernandez4932 10 ай бұрын
Hi! This footprint chat, order flow tool, Dom, are they available on Tradingview platform?
@karolisurbonas3562
@karolisurbonas3562 4 жыл бұрын
really good tool
@TradeProAcademy
@TradeProAcademy 4 жыл бұрын
Hey Karolis! This is a really great tool when used correctly. If you spend too much time watching it, you can get sucked into trades way before they are ready to go! Cheers -Mark
@liquidityblocks
@liquidityblocks Жыл бұрын
Hi, can footprints charts be used for swing trading?
@iliyakrashkov3710
@iliyakrashkov3710 3 жыл бұрын
Thank you for this great video! I was wondering what is the Study Settings you using in terms "background type " and colouring ( range 1-2-3). I really like your set up but as I am new to Sierra I would really appreciate your comment. Thank you in advance!
@TradeProAcademy
@TradeProAcademy 3 жыл бұрын
Hey Iliya, thanks for your comment! TPA members get access to this exact chartbook available for download so you don't have to spend time trying to build it yourself.
@pkkamp
@pkkamp 10 ай бұрын
Do you use mt4 for footprint chart if yes do I need to pay?
@peterswanson87
@peterswanson87 2 жыл бұрын
what software/website is he using for his OI data? I can't tell from the video quality / internet
@HANGMANSJ0KE
@HANGMANSJ0KE 8 ай бұрын
Any chance there's a video on how you set up your footprint charts?
@iamthemoneymagnet
@iamthemoneymagnet Жыл бұрын
Can it be used for currencies
@Ous114
@Ous114 2 жыл бұрын
Which software can give you footprint charts?
@the_gaming_phoenix8904
@the_gaming_phoenix8904 3 жыл бұрын
Hello, I just wanted to know how you set up your footprint charts so nicely because I can't seem to figure it out?
@TradeProAcademy
@TradeProAcademy 3 жыл бұрын
Hey Phoenix, it took lots of trial and error to build these charts, but we provide our full Sierra chartbook template as a download for our members so that they can effectively "plug and play". We've got some Sierra Chart tutorials on our channel if you want to learn more!
@simonhughes9103
@simonhughes9103 2 жыл бұрын
As I understand it, the trapped buyers / sellers thesis depends on whether the trade is being opened or closed. Since if they are closing a position they won't be trapped. How can you know if a trader is opening a position (buying long / selling short) or closing a position (e.g. exercising their stop loss or being liquidated)?
@TradeProAcademy
@TradeProAcademy 2 жыл бұрын
When you are selling near a low and market price reverses higher, whether you sold to exit a long or you sold to open a short, you still lose on the way up - you either lose money or opportunity. This is why it doesn't really matter if it's an opening position or closing, lots of sellers at the lows is bad if price can't continue lower. Hope this helps. Great question.
@simonhughes9103
@simonhughes9103 2 жыл бұрын
​@@TradeProAcademy Thanks for the response. Although it would be useful to know if they've opened a short position since that would indicate the possibility of a short squeeze if price moves against them. I guess there's no way to be sure.
@mistersir3185
@mistersir3185 2 жыл бұрын
This resored my faith in trading. I'm a forex trader. I don't trade futures. Can I use footprint chart for scalping currencies?
@TradeProAcademy
@TradeProAcademy 2 жыл бұрын
Hello, thank you for commenting! You could use them for forex futures, rather than spot. Then trade the SPOT based on what you see on the futures.
@sonnynguyen1890
@sonnynguyen1890 4 жыл бұрын
Hello tradepro academy , do you have a course to teach more specific about order flow chart
@TradeProAcademy
@TradeProAcademy 4 жыл бұрын
Hey Sonny, our futures day trading course covers order flow in great detail as that is the basis of the strategy! You learn how to read volume profile, footprint charts, Depth of Market, etc. Hope this helps! Cheers -Mark
@fxtradeleaders4375
@fxtradeleaders4375 2 жыл бұрын
I learned so much in this video than the 5 years of my trading journey
@TradeProAcademy
@TradeProAcademy 2 жыл бұрын
That is amazing to hear! We are happy you find great value in our content to better your trading journey!
@fxtradeleaders4375
@fxtradeleaders4375 2 жыл бұрын
@@TradeProAcademy dude not that hard 😅
@veronk6135
@veronk6135 2 жыл бұрын
bro which trading platform is he using, i have trouble setting up a footprint chart
@fxtradeleaders4375
@fxtradeleaders4375 2 жыл бұрын
@@veronk6135 talk to customer service
@TradeProAcademy
@TradeProAcademy 2 жыл бұрын
@@veronk6135 Hello, thanks for watching! The platform being used is Sierra Chart. Happy Trading!
@dct2809
@dct2809 10 ай бұрын
@4:50, you say that left side is bid and right side is ask, (bid is buyers and ask is sellers), then in the follow up part, you say green shown on the right is buyers and red on the left is sellers. Could you explain how this part?
@TradeProAcademy
@TradeProAcademy 10 ай бұрын
Yessir, the bid limit is a market sell because it takes off the seller to get into the market. Aka hitting the bid is selling. The opposite for buying, hope this helps.
@dct2809
@dct2809 10 ай бұрын
@@TradeProAcademy Thank you!
@bonprez9981
@bonprez9981 3 жыл бұрын
What software/platform is this?
@mtintl5817
@mtintl5817 3 жыл бұрын
Hello I am a broker. Where can I get a footprint trading tool like this?
@amazing_facts7537
@amazing_facts7537 2 жыл бұрын
How do i get the FootPrint chrat
@TheAscent_
@TheAscent_ Жыл бұрын
Something about the way the FootPrint is interpreted is confusing the heck out of me. The first of which is, if we have the BID on the left of the footprint and ASK on the right, what this tells me is that we have buyer pressure on the left and seller pressure on the right, right?. But this ofcourse is not the full story since we have two kinds of buyers and sellers (i.e. Agressive and Passive). This leads me to my next question. According to the logic presented above, I would associate the Passive Buyers with the BID side and the Passive Sellers with the ASK side. Now that leaves the Aggressive traders. Here is where I get lost. Why are we placing aggressive buyers in the ASK slot and the aggressive sellers in the BID slot? This just feels counter-intuitive to me. Aren't we placing the "market participant", in either slot, based on what "he/she" is doing? (i.e. buying or selling regardless of whether it is aggressive or not?) Somone, please clear this up 😭
@nickk9499
@nickk9499 5 жыл бұрын
hi.. what does 5 tick reversal chart mean? I understand 5 tick, but what does reversal mean in this instance?
@TradeProAcademy
@TradeProAcademy 4 жыл бұрын
Hey Nick, the reversal means that once the market rotates 5 ticks from the high or the low a new bar prints! This shows us market rotations more clearly! Cheers- Mark
@valencia3367
@valencia3367 Жыл бұрын
What platform
@UnCL0NED
@UnCL0NED 5 жыл бұрын
Thanks for this clear explanation. Is this applicable to the Forex charts? Tnx
@TradeProAcademy
@TradeProAcademy 5 жыл бұрын
Thanks for watching! This is not applicable to spot forex but can be applied on currency futures!
@UnCL0NED
@UnCL0NED 5 жыл бұрын
@@TradeProAcademy Thought so, tnx! Guess I will be switching to futures soon then. This way of reading the market just makes so much sense. 👍
@TradeProAcademy
@TradeProAcademy 5 жыл бұрын
Come to the dark side.... lol. You have a lot more transparency and as a result higher probabilities of spotting trends as you see orders flowing through the markets. Would love to hear your journey as you make the switch. I appreciate you. - George
@UnCL0NED
@UnCL0NED 5 жыл бұрын
@@TradeProAcademy 😂👍 "Obi One has taught you well" I checked out your site and I see you have a course on futures day trading (under the Pro Trader subscription). Is that something I can dive straight into, having already some experience with forex? Or do I need to read up on some other stuff first? Thanks for being so genuinely engaged...
@TradeProAcademy
@TradeProAcademy 5 жыл бұрын
@@UnCL0NED hello, hope you're having a great day. You can start with the Futures Day Trading course right away, and I think you'll be okay. If you find you need a little primer before continuing, we also have a Foundations Course which is included in the subscription. All our packages are priced to provide everything you need in one monthly subscription. Hope this helps, let me know if you have any follow up questions and have yourself an amazing weekend. Cheers partner. - George
@wntu4
@wntu4 3 жыл бұрын
Far more useful if you have delta shading at each price.
@byung7393
@byung7393 Жыл бұрын
what trading platform did you use in the video?
@TradeProAcademy
@TradeProAcademy Жыл бұрын
Hello John, thank you for watching. We used Sierra Chart for this video.
@insidetrader9274
@insidetrader9274 2 жыл бұрын
What the software name
@kingtigercrownestate9102
@kingtigercrownestate9102 2 жыл бұрын
Now I imagine that all the numbers represent the amount of shares bought or sold am I right?
@somtonnamani5422
@somtonnamani5422 2 жыл бұрын
Can you use footprint chart in forex
@TradeProAcademy
@TradeProAcademy 2 жыл бұрын
Thank you for watching. Yes you can :)
@juniordude8341
@juniordude8341 3 жыл бұрын
this is pretty much how real traders should trade not with lagging indicators
@davidakoji3696
@davidakoji3696 3 жыл бұрын
Can you share your footprint chart template
@TradeProAcademy
@TradeProAcademy 3 жыл бұрын
Hey Idajili, our chart templates are only available to download for our TPA paid members! That being said, we do have some Sierra tutorial videos on our channel that can help get you started! Regards
@soccerpunter6524
@soccerpunter6524 2 жыл бұрын
The explanation is good but the sound is so bad
@TradeProAcademy
@TradeProAcademy 2 жыл бұрын
Thank you for watching and commenting. This is one of the older videos we have uploaded. You will be pleased to know that we have since fixed the sound issue and now upload videos with top-notch sound quality :)
@malizia77
@malizia77 4 жыл бұрын
Just curious, if you have something so profitable, why are you giving away the secret sauce instead of focusing on printing money with these strategies?
@ownagejuice1394
@ownagejuice1394 Жыл бұрын
the treble is hurting my ears, it feels to sharp. more bass pls
@nahweravean8731
@nahweravean8731 Жыл бұрын
How to access footprint 👣 chart 📉📈
Introduction to Footprint Charts in Orderflow Trading
57:28
Price Action Volume Trader
Рет қаралды 41 М.
How To Use Order Flow to Spot Trapped Traders
12:11
TRADEPRO Academy
Рет қаралды 47 М.
КАРМАНЧИК 2 СЕЗОН 6 СЕРИЯ
21:57
Inter Production
Рет қаралды 363 М.
ELE QUEBROU A TAÇA DE FUTEBOL
00:45
Matheus Kriwat
Рет қаралды 18 МЛН
Day Trading Using Options Order Flow - Quant Data
13:18
TRADEPRO Academy
Рет қаралды 15 М.
All About Delta Footprint Charts Using Orderflows Trader
16:18
What is the Best Timeframe for Swing Trading?
7:38
TRADEPRO Academy
Рет қаралды 35 М.
The SECRET to PATIENCE when Day Trading
8:58
TRADEPRO Academy
Рет қаралды 25 М.
Day Trading | How to day trade Futures with $100
12:03
TRADEPRO Academy
Рет қаралды 20 М.
5 Strategies In 1 Session - Footprint Chart Trading
17:47
Axia Futures
Рет қаралды 55 М.
How to Day Trade Options on Interactive Brokers (IB tutorial set up)
15:37
5 Steps to Finding Today's Trades
29:22
Brooks Trading Course
Рет қаралды 900 М.
КАРМАНЧИК 2 СЕЗОН 6 СЕРИЯ
21:57
Inter Production
Рет қаралды 363 М.