Archive for the ‘Treasuries’ category

Trading Example from This Morning

July 19th, 2012 8:47 AM UTC

Here is a nice follow up Footprint example that has been annotated to show a couple of key concepts. (click for larger view)

  1. Deceleration into an important level
  2. Double bottom.

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Posted in Basics, Treasuries

Footprint Double Bottom

July 18th, 2012 11:27 AM UTC

Nothing provides intra-bar transparency like a Footprint chart, and never is it more important than on retests of key levels. The screenshot below (click for larger image) shows a perfect example of how Footprint chart information provided confirmation of volume drying up at this level and would have added confidence to trust he double bottom pattern would hold.

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Posted in Treasuries