footprint charts
Understanding Delta Divergence in the Context of Order Flow and Footprint Charts
Delta Divergence refers to the phenomenon observed in order flow analysis, particularly when using footprint charts, where there is a discrepancy between the price movement of an asset and the underlying buying and selling pressure indicated by the delta. Delta, in this context, is calculated as the difference between the number of contracts traded at […]
The Pivotal Role of the 50-Minute Moving Average in Scalping and Day Trading
In the domain of scalping and day trading, where precision and timely decision-making are paramount, the 50-minute moving average (MA) emerges as a cornerstone tool. Its significance transcends mere trend identification, morphing into a dynamic line that delineates potential support and resistance zones. This article delves into the nuanced role of the 50-minute MA, enriched […]
Understanding Footprint Charts: A Guide to Day Trading S&P 500 E-mini Futures
Introduction to Footprint Charts In the world of day trading financial futures, having the right tools and techniques can make all the difference between success and failure. One such tool gaining popularity among traders is the footprint chart. If you’re new to day trading or looking to expand your toolkit, understanding what a footprint chart […]