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Well, I took 2 short trades for 5-7 ticks at that area, BUT between 7:15 and 7:55 (on your chart). You were there too late from my point of view. It's hard to explain...I have my rules you know.
Anyway, I see some red areas on your chart. Why don't you wait for price to come to these areas then check footprints and decide whether you want to trade or not...
I guess that could work if the impulse was an exhaustion move and you could somehow spot where the impulse ends, but I am looking for impulse moves that begin larger moves. Other reasons. 1) impulse moves can go on for quite a distance in CL, how to spot the end of the impulse for an entry? 2) The retracement of an impulse that starts a longer move will not offer up that much reward. 3) If an impulse move is the start of a longer move, there is more reward to trading in the direction of the move.
Hi kube777
I start to follow you on this thread.
I like to much your trading style!
Please, if you can continue to post , i am very happy.
Thank you for your work.
Ps at moment i try to understand which indicator you are using on your normal chart and footprint chart. Please help us to follow better you.
