A View From The Institutional Perspective This is usually on a range chart when I use them so I hope I converted them over alright. This gives you a Market Makers view of the market. Usually I would invert the scales like the top indicator is. Does it look familiar to anyone? Just wondering ho many use things like this. Personally I find Realtime volume footprint chats to be fascinating. Also this maker maker style chart is a great tool to see why the market moves the way it does, especially if you use it to see what happened on a losing trade.
I admit I there is still so much to learn when it comes to this and VFPA but supply and demand is as simple as it gets. Hope this helps someone. Try looking at it on ranged charts as well. It looks different and I prefer the bars to any style candle but I couldn't get this to work with the bars not in ranged charts. I mainly us it to see where I went wrong in a trade and learn from it but it can be use for so much more. Footprint charts will show you exactly where the market is moving to at any given time if used properly.
Free tools I use in conjunction:
bitcoinwisdom.io
aggr.trade
I use many more such as Sierra Charts, Motive Wave, Hyblocks, Bookmap and a few more but they can get pricy. The above are free and paint a nice picture. Bookmap is sort of free but it is my least favorite but is easy to use and well supported.
I sort of hope the bear market is not over because I like to use that time to study and learn new things as well as prepare for next bull. According to cycles I don't see how it could be over. Usually a bear lasts at least a year and crypto usually 2. I mean it is never always bearish there are some bullish moves in them but the majority is downtrend and sideways range. Sideways markets are a great time to truly test your trading skills. It seems easy just looking at it but in my experience it is anything but and very hard to extract profits from. It is why I expect to see the markets reverse very fast to really wreck reckless less experienced traders. As soon as you get comfortable in a nice long BAM! The DROP! That is a terrible way to think and I still have problems with it personally. is a terrible way to think when this is happening cause you miss out on a lot of opportunities waiting on the other shoe to drop. I hate that I have grown some bearishness in my older age. I guess like everything there must be balance.
I hate these but here it is: None of this is financial advice because I am not getting paid to provide it and am not your financial advisor. This is all for fun and educational purposes and only intended to assist you on your trading journey not keep losing in the markets. Anyone who says its easy and quick is full of crap or got really lucky once and will eventually end up where they were before. The only way to succeed in finance and trading is to learn all you can and progress slowly. Not the most fun but the only way I have seen truly work long-term. Remember we are competing with some of the smartest minds on the planet and it's not necessary to beat them. We can work with them or grab profits from their gains. Going against them is not something I ever recommend doing. They are not the enemy anyways, just made out to be, I believe we our are own worst enemies in trading especially in the beginning. This is something I will continue to be learning probably right up to the day I die or eventually retire but doubt I would stop trading even then.
Also I will never ask you for money or crypto for anything. You should keep all your assets and never pay anyone for signals. Learn to see your own and if you are going to pay for something pay for good education from a real professional. It is easy to check their references and most don't share their trades till after the trade is over. Everything I do I do for free, no premium, no telegram or discord. Had a free telegram group but no time to maintain it. It was for fun Cryptoholics Anonymous and G3N3S1S TR4D3ING but I just closed them as it was too time consuming. Please be very careful and do not lose your hard earned assets to scammers or become liquidity for some random group offering trade signals. Personally I don't have much free time so I am not on as much as I would like to be but I try to check in as often as I can.
Enjoy. I suggest you seek out as much information as possible if this interests you. It has made a difference i my trading, added an edge but it is hard to chart for others to see. At least it is for me anyways. Remember Capital Preservation is key and risk management is key to capital preservation. I know everyone is screaming that now and they usually do during a bear market but that all goes away when the market turns bullish. Just something to keep in mind.
