Jigsaw Trading Blog

Confirming Day Trading Levels with Order Flow – Webinar Recording

Published on: November 28, 2013

Last week I was asked by JP at JPJ Trading to do a webinar to the members of his trading room. I’ve known JP for a couple of years now and he is responsible for teaching me the practical application of Market Profile that is part of what I use each day in my pre-market prep blog over on the TopstepTrader site.

For this Webinar, we decided to put the theory to one side and just focus more on practical application. What to look for and not necessarily on why it works. It’s was an informal session with plenty of pauses for Q&A and see what the actual markets were doing. This was the day before thanksgiving and it was a little slow.

The focus was very much on confirming major reversals on the emini S&P500 because that is mostly what they trade in JPs room.

The following topics were covered:

Market depth as an indicator of volatility.

The 3 components of a reversal – absorption, one side fading, the other side jumping in, stepping up.

Watching for a level break to refine an entry.

Post trade order flow analysis.

The columns on the Depth & Sales and the new Power Meters

The video can be viewed here:

As usual Change to full screen, full HD mode for best quality.

Slides are here: ConfirmingLevelsWithOrderFlow

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