Live Event with L2ST on Market Profile® and Order Flow

Posted in News by tharnett on May 25, 2010

Just Added!! – A CME floor tour on Friday morning!

On July 24, 25, 26 we are holding our first ever live, educational event with L2ST from the U.K. This event will be held live, in person at our Chicago offices. We would love to have you attend and get the chance to meet you face to face!

There will be a sneak peak webinar this Thursday that will provide a good idea of what the live seminar will cover.

• When: July 24, 25, 26 (Saturday – Monday)
• Subject Matter: Art Of Adaptive Trading Methodology – Market Profile® & Reading Order Flow
• Price: Register before June 7th and pay only $1499. After June 7th the cost is $1999.
• Speakers: Kam Dhadwar and Brian Keeley of L2ST and Trevor Harnett of MarketDelta.
• Where: Chicago area, MarketDelta offices.
• Seating is limited.
• Purchase ONLINE or by calling 1.312.922.7800.

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Seminar Details

July 24 – SATURDAY
9:00AM – 10:30AM – Introductions, MarketDelta & Footprint Overview
10:45AM – 12PM – Getting the most value out of MarketDelta and setting yourself up for success.
1PM – 2.30PM – Introduction to the L2ST Art Of Adaptive Trading Methodology and Introducing the importance of Adaptive Trading Methods in today’s markets over more mechanical systems.
2.45PM – 5PM – Introducing Market Profile® and Auction Theory Concepts for Adaptive Trading and the L2ST Price & Value Relationships Setups.

July 25th – SUNDAY
9:00AM – 10:30AM – Introduction to the L2ST 5 Step Game Plan and Building a Trading Methodology based upon Auction Theory and Order Flow Trading Concepts.
10:45AM – Noon – Identifying key MarketDelta Footprint Setups for Timing Trade Execution.
1PM – 3PM – (Continued) Identifying key MarketDelta Footprint Setups for Timing Trade Execution
3:15PM – 5PM – Trade Management using MarketDelta Footprints to helps reduce Risk substantially!

July 26th – MONDAY
9:00AM – 10:45AM – Live Trade Setup and Order Flow commentary and Live Education with Q & A. During the slower periods we will recap some of the concepts taught over the past few days and go back to discuss setups that may have already occurred.
10:45AM – 12PM – Live Trade Setup and Order Flow commentary and Live Education with Q & A (continued). During the slower periods we will recap some of the concepts taught over the past few days and go back to discuss setups that may have already occurred.
1PM – 3PM – Playback feature overview and playback of setups during the earlier session for further discussions, Q&A, etc

Market Crash of May 6th, 2010

Posted in Footprint® Chart by tharnett on May 11, 2010

Here is an unbelievable, maybe once in a lifetime example of a market crash in the period of 10 minutes. This was not a news release reaction. The market was already weak because of news out of Greece about a possible default on bonds, but this was something the market had been talking about for days. Lots of finger pointing has taken place for the crash since it happened, but the fact is, nothing captured this move like the Footprint chart and Ben Lichtenstein of TradersAudio.

Listen and watch as this unfolds, it is utterly amazing to watch, even if you aren’t a trader. This chart is showing a bid ask Footprint chart of the ES. The periodicity of the chart was set to 2500 volume. At times it was as if there no market to trade. Price just fluttered through space trying to find liquidity.

Audio for this video was provided by Ben Lichtenstein of TradersAudio. He is by far the best in the business and someone we recommend if considering a squawk box service.