Welcome to the fifth and final video in our series, presented by Fotis from Fotis Trading Academy. This session focuses on futures trading, specifically using the Quantower platform. It provides an in-depth look at combining order flow techniques with price action to pinpoint precise entry and exit points in futures trading. This video is a valuable resource for traders aiming to enhance their skills in the dynamic world of futures.
Key Concepts in Futures Trading with Quantower
Introduction to Quantower and Its Capabilities
Fotis introduces Quantower, a professional-level trading platform, and demonstrates its use in analysing markets and identifying optimal trading levels. The platform's versatility is showcased through its application to various instruments, including the S&P e-mini, one of the most liquid futures contracts.
Top-Down Analysis Approach
The video emphasises the importance of a top-down analysis approach, starting with higher timeframes to establish trend lines and identify key support and resistance levels. Fotis illustrates this with the S&P e-mini daily chart, explaining how to draw trend lines and use them as reference points for understanding market trends.
Integrating Fibonacci Retracements
Fotis incorporates Fibonacci retracement tools to identify potential support and resistance levels, demonstrating how technical analysis can define optimal entry and exit points, and help calculate risk and reward.
Volume Profile and Market Profile Analysis
Moving to a four-hour interval chart, Fotis introduces the concept of volume profile and market profile analysis. He explains the significance of the value area, which represents the highest concentration of volumes, and how it can be used to define entry and exit levels.
Order Flow Analysis for Precise Trading
The video delves into order flow analysis, a technique extensively used by hedge funds and professional traders. Fotis demonstrates how to identify significant levels, such as the value area high and low, and how these levels influence price action based on auction market theory.
Real-Time Application in Different Timeframes
Fotis showcases the application of these techniques in various timeframes, including a two-hour interval and a three-minute chart with Heikin-Ashi candles. He explains how to interpret volume-weighted average price (VWAP) and delta rotation to identify buying and selling opportunities.
Practical Trading Strategies
The session concludes with practical trading strategies, emphasising the importance of risk management and profit-taking. Fotis shares insights on setting realistic goals, such as aiming for double the reward compared to the risk and adjusting strategies based on market events and fundamentals.
Conclusion and Further Learning
This video serves as a comprehensive guide for traders looking to apply professional-level analysis in futures trading using Quantower. Fotis encourages viewers to further explore these techniques and leverage the platform's capabilities to enhance their trading proficiency.
Stay tuned for more educational content from Fotis Trading Academy and explore the potential of futures trading with the right tools and knowledge.
Note: The content provided in this blog and video series is for educational purposes only and should not be considered financial advice. Trading involves risks, and it is recommended to seek advice from a financial advisor before making any trading decisions.
