The Footprint – Imbalances – Session VI – The Pit Futures Trading

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Imbalances are based on a percentage variance from the opposite side of the price structure. If buying is 400% greater than selling, we have a buying imbalance. Conversely, if selling is 400% greater than buying, we have a selling imbalance. The percentage you choose is a personal decision however, I have found 400% to be an optimal setting. Do not get caught up in the size of the order, our interest is the structural deviation of 400%. These can be present in the middle of a bar and can be used as markers for support intra-day if there is a pull back. You can also see the top of most bars has a selling imbalance and the bottom of most bars have a buying imbalance.