I was first introduced to Market Mapping close to 25 years ago. A friend of mine told me he knew a guy who was making a million a year trading the S&P 500 futures by matching on his screen to prior day trading chart transparencies (you'd hold the transparency up to the screen until you find a match, and then trade it). This was back when laser printers were first created. I asked my friend if he could introduce me to the trader and both parties agreed to set up a meeting. So, I was introduced to Bob and Market Mapping. Bob was very open to sharing what he was doing and from that day forward, I became obsessed with Market Mapping.
Day Trading Super Systems
By World Cup Champion Trader Rob Mitchell
There are four basic concepts that can make up successful technical day trading. Price Action (patterns), Momentum and Order Flow. Then you bring in Support / Resistance and related concepts like Market Mapping which can tell you what is likely in a given segment of the trading day. One less often talked about part of trading is the benefit of order flow reading and so in this article I will cover that in the way I have been doing for years.