Topic 29: US30 Footprint Volume Delta Explained (Video)

Content Type: Video only (5:18) — Full transcript extracted

Video Transcript

Day Traders, little updates on US30. As we all know M15, M30 and M5 are pretty powerful levels on US30. In front of you, we're looking to the M5 time frame. Most the time I'm shifting from higher to lower timeframe. I follow with the direction of the weekly/daily timeframe in that overall bias.

But I want to show you in front of you a nice M5/M30 imbalance level right here. M30 pretty nice leg out, shifting to the M5 matching up with M5 as well. So this is a powerful level where more than likely institutional short orders are waiting to get filled — limit orders.

You can see the POC (Point of Control) also matching up pretty nicely within this level, you know — right here daily and weekly. So it's a confirmation. As soon as price reaches this level, rejects this level on the lower timeframes — and you can see that price broken the structure well, you know. It's a powerful indication that there was something happening in this level.

In about three minutes the New York session will open. But that's not the purpose of this video — just to show you that the M5 and M15 levels are pretty simple and accurate. And if you watching the price you can see what's happening, you know.

I want to also show you the footprint chart. I have always footprint chart open on the M5 and M15, you know — that's where I participate on the footprint chart. Not always on higher time frames, you know. The footprint chart is simple — a nice extra tool as an element, you know, as you have learned in the order flow course.

To see what's really happening within minute by minute or M5 and M15 — that gives a pretty clear picture in form of Delta and volume, you know. You can see the finished business on top — the 0 to 4 which is an indication of finished business, you know. They were clear to push price in the direction of sellers, you know, because sellers are triggered.

You can also see by the sellers move that the Delta is changing highly, you know — we can see from the positive to negative, positive to negative. And you can also see the increase and the decrease of volume, you know — simple as that.

Simple order flow course as well. If you moving a little bit more to the left and you will try to highlight this imbalance right here — so this level, you know, imbalance candles with the leg out. You can see that this level is matching up with this level, you know. So this level right here matching up with the level on the right — it was also finished business. So there was an imbalance level within the price — you can see right here as well — so 4, so 5, which is an interesting level to look for.

You can see that price pinpointed this level to the absolutely perfection. And as soon as price reaches this level you can see that the price is changing in Delta and in volume. So you can see the first decrease and after that an increase of volume as soon as price reaching this level. You can see finished business on top on the five minute chart, you know.

And after that we see the tank of short orders to the downside with a lot of power. This is happening yeah, half an hour before the New York session. So this is why I like to trade around the New York opening, you know. It can be an hour before or it can be an hour after or two hours after — it depends on where we are in the markets. But this is the reason why we participate around the New York opening.

That is the purpose of this video — just to show you how powerful the footprint is in combination with clear price, you know. Because you can simply see how these orders are heading in the market — how the Delta moves from positive to negative, how that volume increases — simple as that. That is the power of the New York session for NAS and US30, you know.

So hope this was clear for you — imbalances, footprints, Delta, and volume. Just simple video, five minutes. Hope it helps you. On to the next. Lovely trading day. Peace.

Key Takeaway for Bot

• Footprint chart always on M5 and M15 — that's where the action is
• M5/M30 imbalance levels matching up = powerful institutional level
• POC (Point of Control) confirmation adds confluence
• Delta shifting positive→negative at imbalance level = sellers taking over
• Volume increase at imbalance level = institutional orders being filled
• "Finished business" on footprint = price cleared to move in new direction
• Trade around New York opening (±1-2 hours)
• Price pinpoints imbalance levels with precision — wait for it