Market Exhaustion - My Favorite Easiest Trade Setup In Order Flow Footprint Using Orderflows Trader

Рет қаралды 17,064

10 ай бұрын

www.orderflows.com/oft6.html
One of my favorite ways to use order flow is to identify market exhaustion which tells me when a move can most likely end because the last seller sold or the last buyer bought. It is really simple to see in the footprint chart, there are no fancy calculations that need to be done. Just simple observation.
When the market is trending strongly in one direction, it often reaches a point where there are no more buyers or sellers left to continue pushing the price higher or lower. This is known as market exhaustion. By observing the order flow in the footprint chart, I can easily spot this point and anticipate a potential reversal or a pause in the ongoing trend.
For example, if I see a series of aggressive buying orders pushing the price higher, but suddenly notice a lack of aggressive buying orders and a surge in selling orders, this indicates that the last buyer has likely entered the market. With no more buyers left to push the price higher, a reversal or a consolidation phase could be imminent. This information allows me to make informed trading decisions and potentially profit from the market turning in the opposite direction.
Similarly, if I notice a strong downtrend with a flurry of selling orders, but suddenly see a decrease in aggressive selling and a surge in buying orders, this signals that the last seller may have sold. With no more sellers left to drive the price lower, a potential reversal or a consolidation phase may be on the horizon. Again, by understanding this market exhaustion, I can make strategic trading decisions to capitalize on the market's potential shift.
The beauty of using order flow to identify market exhaustion is its simplicity. It doesn't require complex mathematical calculations or indicators. It relies on basic observation and understanding the dynamics of buyers and sellers in the market. By keeping a close eye on the footprint chart and interpreting the order flow correctly, I can gain valuable insights into the market's potential turning points and make more successful trading decisions.

Пікірлер: 49

@stephenmack44 13 сағат бұрын

Really enjoying learning about orderflows. Please keep up the good work.

@PatrimonyCapital 5 ай бұрын

These videos hold immense value . Thank you for sharing your valuable experience through these insightful videos . Refreshing to say the least amongst plenty of get rich quick channels publishing generic content . Currently shuffling through most of your content . Thank you for sharing , very appreciative .

@Beaumortier 10 ай бұрын

Great visualisation of exhaustion prints, brilliant explanation and examples, thank you. Keep up the good work, I am inspired by you and your explanations 😊

@PatrimonyCapital 5 ай бұрын

These lessons hold immense value . Thank you for sharing valuable experience through such insightful content . Refreshing to say the least amongst plenty of get rich quick generic trading channels . Currently shuffling through most of your channel's content . Thanks again , very appreciative .

@FIREFUTURES 10 ай бұрын

Thanks Mike, every video has something of value! Would like to see a video surrounding keeping yourself in a trade through pullbacks and how you determine weather to exit or hold anticipating another leg. Thanks in advance

@freshdog05 10 ай бұрын

Can you do a video on how ratios are used in order flow

@chokichokinson5922 9 ай бұрын

Thnak you for your lessons, blessings to you

@hankday28 10 ай бұрын

Thank you so much! great video! please do more on ES eminis!

@Will_Ramb0 10 ай бұрын

Exhaustion prints, my favorite too! They probably have a 90% success win rate at minimum!!! Gotta love em!

@giuseppeferro5695 Ай бұрын

are u still profitable using this strategy?

@wingchun1hopgar2taichi3jj4 7 ай бұрын

Thank you for the strategy lesson.

@peterchahine8855 10 ай бұрын

I've been learning every day from your videos. What is your experience with ETF stocks using order flow? Most stocks like TSLA, GOOG, and NFLX are going straight up on negative delta.

@billyphillip166 10 ай бұрын

l was waiting for this one long time

@robertovergara5135 10 ай бұрын

Thanks again for the execellent videos you're posting, it really has helped my trading. I just wanted to ask you why you don't use trailing stops, I have been trying various trailing stops, in various market conditions (on the ES). In the european session I use 3 or 4 ticks, when the trade is in positive territory and depending on the volatility after the cash open I use 4 or 5 -6 ticks. It does not always work out but when the trailing stop is wide enough i can ride a fair bit along. The reversal scalper is extremely helpful on an 8 range chart on the ES. Thanks again for all your help.

@ersozen 9 ай бұрын

what is ES? Thank you.

@LP-vc7ck 10 ай бұрын

would it be a reasonable strategy to trade the "zero print"? or does these moves get quickly absorbed?

@allensouth935 10 ай бұрын

another priceless video, I'm still a new trader and learning, but this is where I am have been sharpening my edge is exhaustions and looking for stuck traders at the tops and bottoms of the highs and lows. your software is great and I use the similar indicators on a different platform, I just don't use ninja trader but I highlight imbalances and triple imbalance print as well, deltas and a few other things you do to track and keep up with order flow, Do you have a live trading room like where you talk about the market in real time?

@ersozen 9 ай бұрын

what indicators you use and what platform? thank you.

@melesongsong8530 10 ай бұрын

Great stuff Mike. Thank you very much.

@orderflows 10 ай бұрын

Glad it was helpful!

@Gmoney6272 2 ай бұрын

when there a finished auction why does the price contine to move in that direction if there is an absemse of buyers / sellers

@SuperGenius002 2 ай бұрын

i would like to make a video where you show how to have same footprint chart like yours this Exhaustion?

@abdimiguil9276 8 ай бұрын

Hi mike can plz explain for me what if delta show pink color with negative delta and what does that mean 🤔🤔

@chokichokinson5922 9 ай бұрын

Does this setup help us potentially identify where the stop hunt ends?

@cheyenne99 3 ай бұрын

Not sure which video to ask this but what does it mean when there is no volume at a price on a candle? I'm looking at a spy footprint chart and I see a lot of blank spaces. Is that a glitch or does that mean something? If it's already in a video, could someone point me to which one?

@waxgaradnageeye5994 10 ай бұрын

Cyan and pink what do they stand for?

@loinguyen87 7 ай бұрын

Thanks, but please show me how to apply your methor to scaping ? I'm using 1 minute chart,

@manikandandhanapal7679 10 ай бұрын

Hi Mike, thanks for sharing the experience. could you please share your analysis video on how the support was broken eventhough there was strong move on upside in todays Emini chart, saw multiple bullish value area(from your video), but way down it was not hoding at all. I would like to know more, how to identify those levels which won't hold before hand, so that we can avoid taking support trades. I definitely not agree we can take trade with sl, I can see multiple levels got broken and the way it went up and it came down same way. Since orderflow should give some level of sense, otherwise no difference between normal candles and orderflow. Please make some videos on similar line of situations (it happens often in the market, any hint will help a lot). Thanks and appreciate your help.

@allensouth935 10 ай бұрын

learn to watch the deltas and volume and you will see ifs going to hold blast up or break down, you will NEVER succeed as a trader if you don't understand deltas and volume and that is a reality a profession institutional trader told me so focused on learning to understand volume and delta, volume is the gas pedal and delta is the direction. it can only go up or down, deltas will tell you which way, volume will tell to go all in or wait and watch for for the reversal..... follow value and not the price. institutes follow value, retail traders follow price. Price action trading is the biggest scam and is set by the market makers and that's how institutes continue to make money day in and day out... trade with the institutes not the retail

@manikandandhanapal7679 9 ай бұрын

@@allensouth935 Thanks for great explanation. i am trying to understand deeper in this space.

@tramac1 9 ай бұрын

@@allensouth935Great explanation. Thanks

@barajona2 10 ай бұрын

Do u prefer Range chart or Time chart?

@allensouth935 10 ай бұрын

try a 10 tick range bar for E minis and see what happens.. 😏

@orderflows 10 ай бұрын

It some markets like ZB, UB, ZN, ZF i only use a range based chart. Other market I can go either way, but mostly use time absed.

@orderflows 10 ай бұрын

10 ticks in ES? way too fast for me, but I am an old fart. 👴

@Ho3bust3r 4 ай бұрын

As more people begin trading footprint charts, the more the big money algos will find ways to outsmart and trap them. If you find an edge, hold it close to your heart.

@user-wi7vo1hx8o Ай бұрын

Thank you for this insightful breakdown on market exhaustion using foot print charts! Your thorough explanation has been incredibly beneficial to my trading journey. Understanding these nuances is pivotal for success in the market, and your expertise has shed much-needed light on this complex subject. Respect 🫡

@YannisG278 7 ай бұрын

Do you have it for quantower

@emmanuellaemmanuella3230 5 ай бұрын

Those this footprint really work? Am a programmer, if I get good explanation I can Code algo for it

@jorgeroman1116 3 ай бұрын

Hi ,are theese foot prints on sierra charts?

@jackson3870 8 ай бұрын

🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥

@amyk.8434 10 ай бұрын

Mike can you give us some solid objective setups with stop loss and target values that can be traded like a strategy? Your videos are too subjective and hard to duplicate.

@allensouth935 10 ай бұрын

focus on 1 product.. example ES Futures... replay the charts until your eyes hurt, you will be able to learn to read exhaustions at key levels such as high and lows of the day in live markets, nothing is subjective, its just order flow, I'm a new trader less than 5 months, but this is the highest probability trade to take.. learn to scalp and take money as it comes to so you can build confidence in yourself i shoot for 6, 10, and 12 ticks using 3 contracts, don't focus on an arbitrary stop number, focus on putting it a key levels ie about the top print, bottom prints.. if you under value areas, distributions, and volume, you will be able to easily spot exhaustions and the extreme levels of the volume profile.... Value area high, unfair high, value area low unfair low, fair price or POC some call it of the volume profile is ALWAYS the target.