There’s no fixed rule—it’s more of an art than a science. In the examples above, the order flow around the predefined levels of interest stood out and supported the case for a potential reversal.
Sorry for the boring questions, if I understood correctly what you're actually waiting is absorbtion on key levels (you can see that in the footprint) and then you're waiting for the delta to confirm direction. I'm probably oversimplifying but that would be the idea. sorry for silly question again. thanks
Fantastic stuff!
Great post!!! Very fine detail Smash! Question—is break and hold any particular interval? Like two 15’ ticks held above that level?
There’s no fixed rule—it’s more of an art than a science. In the examples above, the order flow around the predefined levels of interest stood out and supported the case for a potential reversal.
Roger that. Thx much Smash!!!
Thanks! Great as always Smash! Very very helpfull...
That footprint chart print looks very interesting. What TF are you using? Are those range bars?
I'm just looking at colmulative delta, I haven't studied footprint yet, but it seems to me that I should also include it in the execution process...
Footprint charts are a powerful tool. I'm using range bars: Range Per Bar - Standard (in ticks) 16.
Sorry for the boring questions, if I understood correctly what you're actually waiting is absorbtion on key levels (you can see that in the footprint) and then you're waiting for the delta to confirm direction. I'm probably oversimplifying but that would be the idea. sorry for silly question again. thanks
Here’s an older example of an order flow reversal: https://x.com/smashelito/status/1623762020783820807
Thanks. I'll take a look at footprint...
Thank you Lito!
Can someone tell meif there is an alert or somethingon the notes?
I'm not sure about alerts on Substack Notes. However, I'm mostly just reiterating information from the plans anyway.
thank you lito!
Thank you very much!