Pivot : 16035
Shorts to : 15980 // 15830
Minor Pivot : 16005 // 16060
Of the carefully selected Orderflow levels. These were affecting the intraday Auction.
I expect a sweep of highs to pin it lower → continuation in the night.
Premarket I shared ideas of Sell Below 980 // Balance expected above. Surprisingly we got both scenarios, and I shared the intraday live ideas to update the holistic idea.
IB High prints right at our Short Entry : 15980 → (previous window to bid) 15880*
This rejects the lower auction and we enter Squeeze
Squeeze is met with our SetSpecial Reversal : 16000 → 15930
Whilst overall bearish and assuming ‘fair-play’ to the upcoming bid.
Flows suggested the Seller is still present, sweep and run
Trap-Trap-Trap Card : Reverses at 15930 Bid Structure : 15930 → Market Sell.
This is the biggest clue but also the hardest to read.
Why did we Bid the expected Seller Structure → But fail to initiate 16035+
Bullish Open I can agree with, ONLY IF the Bid is able to play above our expected first line of Positioning : 15980
9:30 Open has an active bid and participants pushing higher.
With tape like this, Bulls are committed to Higher.
This is basically an understanding to step out of the way until Player II enters.
Hints print early but Price rises, waiting.
Hints strength is pausing (at this moment in time), thinking
Idea is wrong if the bid continues // Idea is correct if bid fizzles
The Reversal is True and breaks the current Lows. Player I : Activated
This was a patient delivery, imo the activation came late
This tape I recognize from Open and rushed to release the RTH Plan
This Plan called for a sweep of the highs (before nhod) + Reject
Seller from Open was Strong. I trust. 15990 → 15930
Structure Sudden Takeover — 15930
This will be my focus moving forward (again)
Yesterday’s Plan called this to be Resistance (it was)
The Bid Lifted and countered a Waterfall
This is particularly important as it’s confluent on many Fronts now.
The 15930 was expected to Flush, the Distribution at Highs being stopped ← CLUE!
The hesitation is a warning if you understand context, I shared this. The lifted Bid above absorption makes it ‘fair-play’ nod to Buyers so-to-say. This makes current Highs fragile and called for a retreat to 16035.
Personally I only trimmed a partial into 15930, majority snapped back. Willing to check-test these Highs as I’m planning well ahead of Price. With the new challenge at Highs revealed, I personally had better insight on the coming moves. A response from Sellers was expected, but the reality is I was more interested in understanding where Player I was located. Personally I believe it’s 16005. Shared very early.
Now that the session completes, you’ll see non-orderflow Players having focus on these numbers (lagging). The reality is each of these have been confirmed very quickly if you pay attention to the Flows.
I am slowly revealing my approach, hoping it helps you. Patience. Lots to Load.
Community Notes
[014] : Chapter Thinking…. — I want to release one more Orderflow Chapter before releasing my FP Handbook Volume I. Simply because I like round numbers.
[Need Planning] — Let me understand where you are in reading Footprint. I have my outline I plan on filling out. Hearing your feedback can prioritize the order.
[Support] — Let me share with all of you my sincere Thanks. This is a preview of what’s to come. Trying to find some time between Markets to make a formal statement. I hope to offer immense value to each of you. From plans / passing thoughts / etc. I want to see us all Grow. Happy Holidays All. Much Love.
-Set
Beautiful! Really curious to know what criteria helps you find ‘Player I’ and ‘Player II’ I’m sure there’s multiple parts to this but other than aggressive initiation and defense of their position I can think of anything else.
My next question would be how is that criteria translated into the DOM?
Finally how do we get a whiff that any player is potentially on a shorter/longer timeframe. You’ve alluded to this a lot recently which matches a lot of my big picture thinking about the market/auction.
Thanks a lot set. I’ve followed you for as long as I can remember probably since 21’ ish the only reason I’m in TAE is for you man. This has by far been my most profitable season.
Excited to learn more and to fish entirely on my own one day with the same confidence.
Today’s plan made me $700