Usually these aggressive limit orders are at the tops and bottoms of the candle depending on the location. Large orders on the BID at the bottom of the candle signals a LONG reversal. Large orders on the ASK at the top of the candle signals a SHORT reversal. Great video explaining. This took me a long time to figure out by myself, and here it is loud and clear.
This is the best solution if you always confuse whether the price will go up or go down or in sideways. Find the support ang resistance with a huge volume using volume profile and enter the trade using the Order Flow a very helpful trading tools to make profit in the market. Thank you Mr. Dale
Hi dale wonderful video very inspiring. I would like to add one more thing, while identifying institutional trader one has to check into bar statistics in which we could see 'COT L is -VE' signifty trapped sellers and 'COT H is +VE' for trapped buyers. V can see spike in OPEN INTEREST AS WELL
So Dale, if the aggressive sale orders and limit buy orders are on the same side, I mean on the BID side of the order flow footprint chart, is it that the reason absorption happens ? Or qre there any other factors that cause absorptions ? Also, please kindly make videos on how Buy Stop and sell stop orders can be identified on footprint charts, I would highly appreciate that. And, thanks for sharing your knowledge on RUclips.
Absorbtion is only valid if there's agressive sell order but price or candle closes above the agressive order, and Absorbtion only doesn't indicate there will be reversal, then comes exhaustion and that too at a valid point of interest
@@gaborpecserke3481 if it is exhaustion of sellers then u'll spot lesser orders in sell side nd agressive buying in buying side and price closing above the orders..and vice versa for exhaustion of buyers
@@gaborpecserke3481Exhaustion can be seen when there aren't anymore interest at the extreme if the candle displaying zeros.. It means sellers or buyers aren't keen to transact at those levels, therefore lack of aggressive orders
@Trader Dale Hey nice topic , i dont understand why you distinguish agressive sellers and passive buyers in the bid side because as of my understanding when 200 orders appear on the bid this mean only 1 thing 200 agressivly sold and there was passive buyer or buyers with limit orders . i dont understand why you say which one is it , is it a seller with a sell market order or is it a buyer with a limit buy.i think its both agressive sellers selling to passive buyer order .isnt it true that in order to be limit buys there should be agressive sellers ?
Even if its a large limit order on the bid side, that also means a similar size market order also hit it, since we only care about aggressive orders and not passive, the delta will still be negative....am I wrong?
Is that reeeeally resistance? More like order absorption and distribution of actual funds. Whats support/resistance, people draw those where ever they want.
Usually these aggressive limit orders are at the tops and bottoms of the candle depending on the location. Large orders on the BID at the bottom of the candle signals a LONG reversal. Large orders on the ASK at the top of the candle signals a SHORT reversal. Great video explaining. This took me a long time to figure out by myself, and here it is loud and clear.
This is the best solution if you always confuse whether the price will go up or go down or in sideways. Find the support ang resistance with a huge volume using volume profile and enter the trade using the Order Flow a very helpful trading tools to make profit in the market. Thank you Mr. Dale
Glad to help!
Hi dale wonderful video very inspiring. I would like to add one more thing, while identifying institutional trader one has to check into bar statistics in which we could see 'COT L is -VE' signifty trapped sellers and 'COT H is +VE' for trapped buyers. V can see spike in OPEN INTEREST AS WELL
Hey buddy would you mind clarifying how you ascertain this?
Dales you are an absolute gem.
Thank for all your videos
Knowledge and beautiful insight!!!!!!!!!!
Thank you
So Dale, if the aggressive sale orders and limit buy orders are on the same side, I mean on the BID side of the order flow footprint chart, is it that the reason absorption happens ? Or qre there any other factors that cause absorptions ? Also, please kindly make videos on how Buy Stop and sell stop orders can be identified on footprint charts, I would highly appreciate that. And, thanks for sharing your knowledge on RUclips.
Absorbtion is only valid if there's agressive sell order but price or candle closes above the agressive order, and Absorbtion only doesn't indicate there will be reversal, then comes exhaustion and that too at a valid point of interest
@@PASSWORDVERIFYIf I may ask, how do you spot exhaustion?
@@gaborpecserke3481 if it is exhaustion of sellers then u'll spot lesser orders in sell side nd agressive buying in buying side and price closing above the orders..and vice versa for exhaustion of buyers
@@gaborpecserke3481Exhaustion can be seen when there aren't anymore interest at the extreme if the candle displaying zeros.. It means sellers or buyers aren't keen to transact at those levels, therefore lack of aggressive orders
great video, which time frame you focus on for this volume and footprint specially ?
I use M30 and M5 chart
Very intresting video. I enjoyed it. Thank you im looking forward to watching and learning more from your channel.
Awesome, thank you!
Thank you for a great explanation.
You are welcome!
@Trader Dale Hey nice topic , i dont understand why you distinguish agressive sellers and passive buyers in the bid side because as of my understanding when 200 orders appear on the bid this mean only 1 thing 200 agressivly sold and there was passive buyer or buyers with limit orders . i dont understand why you say which one is it , is it a seller with a sell market order or is it a buyer with a limit buy.i think its both agressive sellers selling to passive buyer order .isnt it true that in order to be limit buys there should be agressive sellers ?
I describe this in more detail in my book on Order flow, which is available here for free download : www.trader-dale.com/order-flow-trading-book/
Even if its a large limit order on the bid side, that also means a similar size market order also hit it, since we only care about aggressive orders and not passive, the delta will still be negative....am I wrong?
Why candle stick and order flow chart price changes according to your entry area?
Because the price changes over time and thus the orders in the footprints
Best of the best information
Glad you think so!
Maybe they are just sell stops and are swept by the next candle
👀🔥 Great video
Thanks 💯
Thanks Dale.
Very welcome
Greetings from Cancún México, thank You , really thank You for this great vídeo 🙏👌🙏👌
My pleasure!
Is that reeeeally resistance? More like order absorption and distribution of actual funds. Whats support/resistance, people draw those where ever they want.
👌
N1
Thank you. I appreciate it.
Again no one cares
About what
You cared enough to watch the video
That's a nice thing to say
Thank you. I appreciate it.