Brian T458 Brown

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What is footprint charting in forex and how does it help traders?

Footprint charts display bid/ask volume at each price level, offering insight into market microstructure. In forex, footprint tools show where buying or selling pressure dominates, revealing absorption zones or breakout imbalances. Institutions use them to refine entries and exits. Retail traders can access footprint charts through advanced platforms, though data quality depends on liquidity providers. Benefits: clarity on whether moves are supported by real volume. Risks: misinterpretation in thin markets. Footprint charting turns hidden order flow into a visual map, helping traders distinguish strong from weak price action.