Wednesday, January 28, 2009

One Very Nice Example

Hi Guys,
I have to run off today to give a class but I wanted to show you a very nice trade using the footprints at a Key Reference Area. This one worked out beautifully. A key to remember here is that I was prepared and watching closely when the market approached my key area. If all signs were bullish here, I wouldn't have taken a short. But, the Footprint told me all I needed to know.

Its not always this easy, but they occur like this quite regularly .

Hope it helps,



  1. I'm using Market Delta but I do not know what is meant by a 1.5 range chart. What does it mean, and how is it created?

  2. Stoeckly,
    I'll answer this in a new blog post that I will try and post today.