medium · Order Flow Analysis footprint-delta
A 15-minute Euro FX (6E) bar shows 53 contracts traded at the bid at 1.1245 and 13 contracts traded at the offer at 1.1246. At 1.1246 bid, 37 contracts traded, while at 1.1247 offer, 0 contracts traded.
How should an order flow trader interpret the top of this bar?
- Institutional absorption of buying
- Unfinished business at the high
- A buying imbalance at the extreme
- A completed auction at the high
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
- If both bars have a volume of 5000 contracts, what does the 4-tick bar suggest?
- What is the primary advantage of using the range-based chart in this scenario?
- Why is it recommended to ignore the Δ of a bar that is pulling back to a long entry zone?
- A trader is looking for a short entry. They see a red candle… — What does this 'Wick-Body'
- A trader sees the price of Crude Oil (CL) drop to $72.50, wh… — How should this be interpr
- In the Euro FX ($6E), you see 944 contracts bought aggressiv… — What does this suggest abo
- A footprint bar's high shows bid volume at $4530.00 but zero ask volume at $4530.25. This