How to Read Footprint Chart Absorption in Quantower #futurestrading

Absorption on a footprint chart is a stack of volume at one price: aggressive orders keep hitting one side, and the resting orders sitting there keep taking them. This video shows what footprint chart absorption looks like in Quantower (Optimus Flow), how to set your chart up to see it, and the honest limits of what it can tell you. In this tutorial, you will learn: - What absorption is, and why every trade needs two sides - How to set up a footprint chart in Optimus Flow, with sell and buy volume in one footprint and delta in the second - How to read bid volume, offer volume and delta on the footprint - A real example of bid absorption on the E-mini S&P, read with the time statistics toolbar - How to mark an area of absorption and check it with a custom volume profile - The difference between absorption and exhaustion, and how the delta tells them apart - What the order book cannot tell you, even on a market by order feed 0:00 What absorption is 0:32 How absorption works 1:14 Set up the footprint chart in Optimus Flow 2:14 Reading the footprint: bid, offer and delta 3:15 A real example of bid absorption 4:43 Marking the area on your chart 5:33 Why it is worth marking 6:21 Absorption vs exhaustion 7:09 The limits: what the order book can't tell you 7:52 Recap Optimus Flow is powered by Quantower and is free for Optimus Futures clients with a funded account, with no separate platform fee. Account minimums vary by contract type and by clearing firm, and current commissions, margins and pricing are on the pricing page linked below. Want to learn more about Optimus Futures? Visit our website: https://optimusfutures.com/ Learn to Trade Futures: https://learn.optimusfutures.com Our commissions, margins, and pricing: https://optimusfutures.com/Futures-Trading-Pricing.php Open an account with us today! https://optimusfutures.com/Futures-Commodities-Trading-Account.php Please don't forget to like the video, comment, and subscribe! THANKS FOR WATCHING! There is a substantial risk of loss in futures trading. Past performance is not indicative of future results. When considering technical analysis, please remember educational charts are presented with the benefit of hindsight. Market conditions are always evolving, and technical trading theories and approaches may not always work as intended. The placement of contingent orders by you or broker, or trading advisor, such as a “stop-loss” or “stop-limit-order, will not necessarily limit your losses to the intended amounts, since market conditions may make it impossible to execute such orders. The high degree of leverage that is often obtainable in commodity interest trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains. Optimus Futures, LLC is not affiliated with nor does it endorse any trading system, methodologies, newsletter, or other similar service. We urge you to conduct your own due diligence.