Trade Example Using Intermarket Relationships and Footprint
One of the keys to trading profitably is knowing what to look for. One way to judge potential market direction is to look at markets that have a correlation. It doesn't matter if the correlation is positive or negative, just that it exists and you understand it well. A second key is then judging when a trading opportunity is presenting itself and confirming this movement with the Footprint chart. In this video Anthony from the MD Trading Room shows a great example and is calling the trade opportunity out before it occurred. This comes through practice and skill, but he then confirms the move with the volume imbalance footprint.
Here is another example of trading correlated markets.