DislikedAnother question about entries - I cant get my head around footprint.. what do you guys look for when entering? Any indicator that shows some kind of divergance?Ignored
You need to study order flow on a deep level, to understand aggressiveness in markets (how to spot it via order flow) and how it effects the price. Knowing this your trading will automatically improve, you'll see the same but individually different confirmations on each successful trade.
Without an understanding of order flow you wont understand what I'm saying however, I look for bid x ask imbalances (real market imbalances, not wannabe SMC trash), large passive (limit) orders, aggressive buyers/sellers, heavy total volumes as well as delta/cumulative delta confirmation. You will naturally be able to picture every order flow confirmation I just named when armed with an understanding of AMT and Order Flow.
There is no magic divergence indicator, we are not trading your useless retail indicators like an R.S.I for example, but I do have an idea for you. When I want to see if there's a divergence between price and cumulative delta, I'll load up a 1 minute line chart of a specific market and underneath put a 1 minute line chart of cumulative delta of said market. This allows me, at a glance, to see if there's any price - delta divergence. Price going up, delta going down = bearish delta divergence and vice versa.
The more objective you make the process of looking for order flow confirmations, the less trades you'll end up taking per month etc.
Seeking Fair Value
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