Using Thin Spots to Identify Trade Location
The ability to "see inside the chart" and observe what is happening in real time is very valuable for those who know what to do with the information. Something else that is just as important is being able to look back at the
inside the bar Footprint data
and use what others can't see to your trading advantage.
: An area of prices where the trade tempo picked up and left very little volume behind.
For example, when a market's price goes down fast the volume will appear thinner than the volume at prices around the "thin spot" level. If price moves quickly through a price or series of prices a "thin spot" is created because not much volume was transacted.
Watch this 30 second
and gain an edge on why Thin Spots are so valuable!