easy · Order Flow Analysis footprint-delta
How does the COT help a trader identify price acceptance versus price rejection?
- Acceptance only occurs if the COT volume is entirely composed of aggressive buy orders.
- Acceptance is when the COT is at the high, and rejection is when the COT is at the low.
- Rejection is identified when the COT stays at the same price for multiple consecutive bars.
- Acceptance is marked by high volume (COT) at a level, while rejection is marked by low volume at a level.
Sign up free to see the explanation and track your rank →
More Order Flow Analysis footprint-delta practice
- An E-mini S&P 500 footprint bar shows a price level at $4510… — Using a 300% threshold, wh
- What is the primary advantage of using the range-based chart in this scenario?
- A trader is looking for a short entry. They see a red candle… — What does this 'Wick-Body'
- If both bars have a volume of 5000 contracts, what does the 4-tick bar suggest?
- Why is it recommended to ignore the Δ of a bar that is pulling back to a long entry zone?
- In the Euro FX ($6E), you see 944 contracts bought aggressiv… — What does this suggest abo
- A trader sees the price of Crude Oil (CL) drop to $72.50, wh… — How should this be interpr
- What does a 'Narrow' VWAP standard deviation band width suggest about the current market e