A short YouTube tutorial by Kardec Trader contrasting retail trading (standard candles) with professional trading, which the speaker says uses "deep candles" or footprint charts to reveal behind-the-scenes liquidity and order-flow. The speaker explains basic market microstructure (every buyer needs a seller; passive liquidity at higher/lower prices; market takers move price) and argues that footprint charts let traders see large participants acting earlier than price-action signals, offering a potential edge. The snippet ends with a promotional offer for a two-hour masterclass.
Chapters
This is a normal candle that you retailers normally use. The world champions of trading use this instead. Professionals use deep candles to access privileged information on what happens behind the scenes. Here's how it works. Most people think in a candle like this there's more buyers, but that's simply not true. Every buyers needs a seller. So at higher prices there will be sell liquidity, passive sell orders. And a market buyer comes in and it's matched with a seller. So that becomes the new market price. A new one comes and accepts a higher price that becomes the new price and again and again and again and again. So price goes up because market buyers accepted paying higher and higher prices as long as they could get their hands on a seller. Same thing below price, there will be buy liquidity, passive buy orders. And if a seller comes, he's matched with the buyers and price drops. A new one comes, accepts a lower price to sell and price drops again. Another one comes drop again and again and again. So normally a flow of market buyers and sellers of market takers is always present. Traders, banks, algorithm and price will tick up, down, up, down. And to summarize all the buying and selling pressure, we use a deep candle or a footprint chart. And let's say the numbers in this candle look like this. Well, there's clearly something going on here. Right there. That's how you know a big guy is trading. Because if he has that amount of money, he might as well know something you don't. So if you're a day trader or scalper and you're not using this information, you are actually blind to what the market is actually doing. And in a situation like this, you could see that the sellers are dominating before the sell candle actually happens. So where a price action trader would sell here, you could be able to sell here. But if you comment flow, I will gift you a two hour masterclass on how to use and read these kind of candles. So that's cool.