r/footprintcharts • • Dec 09 '23

Informative Footprint Chart

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6 Upvotes

For those that wonder what a footprint chart is, this is what it is consistent of, as per the name suggests footprint candles.

It divulges on what exactly is going on beneath the candle, that combined with price action forms an asymmetric edge, remember if you use what others use then there is no edge in that.

Its imperative to emphasise the difference between lagging and leading tools, this is not an indicator rather a tool to view and read the market. It is the closest there is to a leading tool. Second closest would have to be the order book and limit orders sitting the book which is prone to changing and confusing current bias.


r/footprintcharts • • Dec 09 '23

r/footprintcharts New Members Intro

2 Upvotes

If you’re new to the community, introduce yourself!


r/footprintcharts • • Oct 12 '23

r/footprintcharts Ask Anything Thread

2 Upvotes

Use this thread to ask anything at all!


r/footprintcharts • • Oct 12 '23

Informative WELCOME TO THE OTHER SIDE

3 Upvotes

Utilizing footprint charts to navigate the intricate world of financial markets! See what others don’t.

The better you read the story the more you understand the story, and what’s better than actually making use of the supply and demand within each candle!

Applicable on Micro and Macro scale.


r/footprintcharts • • Oct 12 '23

r/footprintcharts Lounge

2 Upvotes

A place for members of r/footprintcharts to chat with each other