medium · Order Flow Analysis footprint-delta
The 'Initial Balance' (IB) for the session is established between 4,500 and 4,515. In the second hour, price breaks above 4,515 with a positive delta of +3,000 and multiple buying imbalances.
What is the standard trade plan?
- Wait for a pullback to the IB high (4,515) and look for a long entry with footprint confirmation.
- Look for a short entry at 4,515, expecting a fade back toward the session POC.
- Place a buy stop above 4,525 to chase momentum immediately, skipping any pullback confirmation.
- Sell the breakout right away since most initial-balance breaks turn out to be false moves that fail.
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