The ONLY Footprint-Trading-Video you will EVER need (Trading World Champion reveals)

The only footprint video you will ever need. Why? Because I give you explanations how the real footsteps of the global players are working and you will be able to read it, to understand it and to have the deep knowledge about the real reading of footprint steps. And it would help you in your trading style, in your trading way to understand very deep what is working at the real markets. In the world of footprint charts, it is a good way to found setups to make breakout trades or especially for counter trading. And I think you will love it. I translated this video with AI because my English is not perfect and I think it is perfect enough for you to understand everything.

Yes, a wonderful day to everyone today. I feel like explaining to you in depth what else we can actually add when we look at a candlestick chart and maybe better understand what's really happening in such a candlestick chart. There are line charts, just like we used to know from before. There are candlestick charts which have been around since 1850 and there are so called footprint charts. And in these footprint charts we can see exactly where transactions have taken place, how much liquidity there was for the respective product. And yes, what we can deduce from that, when there are high volumes at the tops or lows, the auctions are very often not yet finished. Not yet completed. And only when auctions are completely finished with so called unfinished auctions do you have the opportunity to recognize that a sustainable top formation may really be present here. And today I want to show you exactly how all of this works. I will explain to you how you can relate this to a normal raw candlestick chart, what advantages you can derive from it, and how you can apply all of this effectively. But above all, it's very important to know where do I use such footprint charts? You don't have to look at them all the time. And in which time frames does it even make sense to use them? We will discuss all these things today and I am convinced that this will give you a lot more depth and awareness regarding the prevailing market conditions and how you can gain an advantage on the stock exchanges as a result. I'm looking forward to it. Yes, the first and absolutely essential thing to understand is how does such a footprint chart even come into existence? And for that I've brought you two images here. This price range right here, which you can see in a 30 minute candlestick chart, is exactly the same price range as this one right here, as you can see.

So what is the big advantage we have when we look at such a footprint chart and what do we see there and that's what we want to examine together in more depth. Now, just imagine you have a candlestick chart like this, and it looks something like this. And in this candlestick chart there is an opening price, a closing price, and there is an absolute high and an absolute low. Now, of course, it's interesting to know and find out what actually happened inside there in order to gain an advantage. And if we look inside and simply want to see where there were more buyers and where there were more sellers, we can display the trading volume at each respective price. And then you'll see, you'll get a picture that corresponding to the chart on the left looks like this. And that means here we now have a complete block for the same time frame, split into bid and ask, that is into buy and sell prices. And these are displayed to us corresponding to each respective price level. Lets apply the following logic to this. So in the first step, we understand that we now see exactly the same thing here as we do here at the same price level. We see exactly the same thing here as we do here at the same price level. And down here as well, we can see what the market has done. And now just imagine up here, for example, there were 0 trades and 9, 1 level lower. At the next price level, there were 11 trades and 20, and so on, for example, 7 and 10, and so on and so forth. And here, for example, there was a level where there were 70 and 50.

Here there were 90 and 30. All of this always considered in this candlestick chart, where we have absolutely no information. If we just look at a candle like that without localizing it according to the executed trades. And now comes the exciting and important part. What did it look like at the absolute low? And if, for example, we have 7 and 19 here, and here we have 8 and 15. So this gives us a first major piece of information which is absolutely crucial. This information is down here at this price level, where you couldn't see it at all. In this spike of the candlestick, the market had what is called an unfinished auction. That means an incomplete auction. Why is that? First, I want to explain the opposite to you. Up here you can see the market had a 0 and a 9, an 11 and a 20. This means that up here there was only one side of the price with a number greater than zero. And in such phases you can simply say there was no more interest. Here. That's the simplest logic. You can deduce such a finished auction. So a completed auction. This gives you the overview that the market was done here, down here with A so called unfinished auction. The market was not finished yet. This means that at all levels and price points there were still opportunities to generate activity. What does that mean for the further course of the price? For us, in the further course of the price, this means that if the market is, for example, trading here, and we know the auctions were up here finished because we had the 0, the 9, often you'll see a 0, a 0, a 3, a 5, a 7, then you know this auction is really finished. But if like down here, you still have a lot of numbers at the low, that means the market has liquidity in this price area. And where do markets generally tend to go? Towards liquidity. So the probability is initially higher that the market will again move towards liquidity. And if, for example, you're looking for a real top, what options do you have? Let's imagine the following scenario. You have the market and the market is currently moving here. Up here you have a predefined so called resistance area, for example, because there was previously a value area high up here or something else from some profile. And down here you have a support because there was a low volume node here. So essentially you have clarity as to why a market, when it's moving here, might linger up here. Now the market moves up here and arrives at this point. So what is a really great additional piece of information for you? If you can refer to the past here, where this candlestick had formed, you can refer to the fact that you know the auction was finished here. And now just imagine the market gives you another piece of information which looks like this. The market once again delivers a completed auction here. And again you see a 0, a 3, a 0, a 5, and then the volumes increase again. And ideally they are somewhere in this price range. For example, you have something like 30 to 70 there. That means in this price range the market has a significant amount of liquidity. What does that mean for me when I look at it, especially in the context that I already knew that liquidity had already dried up there once before in the past. For me that means a great opportunity to place a limit order here and then initially enter a short trade accordingly. And now we come to the lower price range zone and take a look at what we can expect there. Now let's assume the pullback takes place. The market moves down and it arrives down here. We know, looking at the past, that when the market was already here once before, this candlestick had formed beforehand. And down here we have information from the previous old price range. There was what is called an Unfinished auction here. That means the prices were accepted there. And this information tells us now let's see if the market continues to accept prices and if it now comes down here and shows us alright, there are again large prices being traded at the low, for example, and not a completed auction like up here or like up here. Now we have another way to recognize. Aha. The possibility that the market will now go below the lows and then continue further is really present for now. What advantage does that give us? Let's take a look at that. Now let's take this chart here and look at it together. There simply was no more demand for liquidity at the top. You can see that here a zero, a zero, a zero, a zero. No one was interested in trading anymore. The buyers pushed in a few more market orders here, but there simply was no counterparty left who was interested in participating. So we know that below this level there is now a probability that the market can move down again. And if you take a closer look here, you'll see that in this price range there were very large, very strong volumes traded. I simply drew that in bold and had it highlighted in color for myself. You can do that with any software. So now the market has moved lower and now it's making what's called a pullback, meaning a return to this price area. So we have the information up here that yes, there was really rejection, no one was interested in pushing further here. We have the information here that yes, the market had very high trading volumes here. And since we know that the market loves, for example, when it's playing down here, to return to the supply and demand area if it returns to the price area in question, we have a very clear piece of information. And now we know that the probability of the market bouncing here is given. And now imagine the market moves here and gives us the information Again, I am no longer interested here. Then we know that this large price area was initiated by very strong sellers and now no one is interested anymore. So what is the logical conclusion? It is that we can enter a wonderful short trade here. And the information from the finished auction helped us to assume that it probably won't move back up here for now. And that's how you can make great use of this for yourself. Let's take a look at the opposite scenario. The opposite is an unfinished auction. And here, for example, you can immediately see at first glance, alright, there is still high volume up here. And the market also had high volume here. Down here it was a bit thinner. And what happened before this, we won't take into account right now, for us, it's very, very important to know what's happening up here. And up here the market has acceptance. That means the players here are happy and satisfied. And if, for example, I get a short pullback now and the market returns to acceptance and continues to trade high volumes, well, what is the logical conclusion? That we will most likely see a continuation of the trend. Therefore, it's important to examine here whether there are low volumes or high volumes. And if there are low volumes here and we can read that, then we have a big advantage again and immediately know that the probability is higher that the market will continue its trend. And if you then have so called unfinished auctions up here at the tops, it gives you the great advantage of recognizing that the market is very likely to keep moving higher. And if we now take a look at the whole thing, for example, on a 30 minute chart live, you can observe perfectly here that these trades are taking place in this candle. There were no more trades at the bottom low or at the top high. But what is much more important for us, what did it look like at the top? So up here, what did the market give us there? Ah, there was still a lot of liquidity. So what can we do now? We can look at where the market no longer has liquidity and when it starts to turn around. This often happens, for example, when we have a resistance area here, maybe technical in nature, or even better from a volume perspect. So that we can see, okay, trades are coming in again at the top, but nothing is happening at the bottom anymore. So the probability is now high that the market will move up to this area. And right now there is very, very little action in the markets. That means at the moment you can't really see any aggressive moves into the market or positions being taken at high speed here. But we can clearly see that as soon as the price reaches certain levels, it is either pushed down into the sell side, into the buy side, and then the market immediately moves upward. And if we now put all of this back into context for ourselves, we can identify the following. So let's take note of the following points. There were large volumes traded in this price area. Up here, the auctions are not finished yet. Down here, the market has lost interest. There isn't much going on anymore. There are also large volumes traded here. Now let's imagine the market slowly moves upward. It sees high volumes again. What does that mean? That means there is a high probability that the market will continue to move upward and establish a trend continuation. And now let's be honest, when you look at a candlestick chart like this, you see a spike at the top followed by a sell off. You see a lot of red candles and you have no information about whether there is any likelihood that the market will actually move back up again. You have absolutely no information about where a potential turning point might be located and above all where the market has particularly high trading volumes and shows you that it is in equilibrium and in balance. Please remember the previous videos. Markets always feel comfortable where they are in equilibrium. Whenever there are rapid movements with low volume, these are initiated by larger buyers in order to return to a comfort zone. And the comfort zone is currently here because this is where there was volume at the top. The comfort zone is here, where we can clearly identify that the market has spent a long time. And here in between, for example, the volume was very thin. And then we know that the probability is high that if we move into this area, the market will establish new highs and thus generate a trend continuation. So what is the absolute essence for us? How can we make use of all this? If we are able to predefine support and resistance, then it's enjoyable to work with these advances. Predefined levels. Here is a support, here is a resistance. Just looking at what information the market is giving me now, and look here. If you already know here and here that there was still supply and demand present, and here the market is likely shaped in such a way that it no longer accepts fair prices, then you can trade from here to here and have the additional information that it's likely the market will break the highs. What else do we need to observe? We can also observe market speed. We can watch how the whole thing is currently developing in terms of order routing. Who is dominating the market at this very moment. And for that, for example, you can look into the order book. But that's a new lesson for now. It was very important to understand how we can gain advantages in order to determine at the high and low points whether markets still have demand and thus whether it is likely that the market will return there, or whether this demand is fading. And I hope you enjoyed it. You were able to gain a deeper understanding of a so called footprint chart and you can set it up in all time frames. And as you can see here, for example, the market is starting to move up again because it simply was no longer satisfied with the lower price levels. And this could be very nicely anticipated here. I'm happy to raise more awareness for you here to explain a lot to you and in the next lesson. There will certainly be some great things again that I can explain to you about Market Dynamics. Thank you very much for your time and see you in the next video.