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- Sutts replied Apr 5, 2010
[quote=eventtrading;3608797] You're probably right on the definition of liquidity. What I'm trying to say is that while limit orders provide depth to the market, only market orders (and stops which become market orders when triggered) cause prices ...
Domino's Price and order flow trading
- Sutts replied Apr 4, 2010
Thanks for the info domino, looking forward to the next installment
. It is my understanding too that stop orders are held only on the books of the broker/market maker and are not visible on any external order book. When triggered they execute as ...Domino's Price and order flow trading
- Sutts replied Apr 3, 2010
Very interesting...I guess they can't lose. After a sell off they could be net long in a big way. What do they do then....engineer an up move and offload their holding as the willing bulls rush in, thereby returning their inventory back to the ...
Domino's Price and order flow trading
- Sutts replied Apr 3, 2010
The bid price is the price your broker (or someone else) is willing to buy from you. You sell to them at the bid. The ask price is the price your broker (or someone else) is willing to sell to you. You buy at the ask. The bid and ask prices that you ...
Domino's Price and order flow trading
- Sutts replied Apr 3, 2010
Great news Domino, thanks for taking the trouble. Really looking forward to discussing this facinating area of trading. There's so much mumbo jumbo thrown about when the subject of order flow comes up. Just being able to look at a chart and see fear ...
Domino's Price and order flow trading
- Sutts replied Apr 2, 2010
Hi Phil, good to see you've made it over here. There's some really interesting stuff being discussed here isn't there? A real eye opener for me...actually understanding why prices move and where they are likely to go next. Useful info, whatever your ...
Support and Resistance Trading Simplified
- Sutts replied Apr 2, 2010
I'm no expert Ted but I think the significance of the 6-7 clusters in the RZ name is this.... The more short order clusters put in on the build-up to a resistance line, the more powerful the move down from that RZ is likely to be. With many short ...
Support and Resistance Trading Simplified
- Sutts replied Apr 2, 2010
I enjoy watching your trades on those really clear charts sisse, please keep them coming if you can. I think there's much to learn from the way you trade. Could you explain why you took short 1 on that up bar please? I thought you were waiting for a ...
Support and Resistance Trading Simplified
- Sutts replied Mar 31, 2010
On the second chart I'd say the place to exit was definitely on the break of the last higher low before the drop. In your first chart you say "finally stops are triggered". This begs the question: is the power of the long breakout (surge) dependent ...
Support and Resistance Trading Simplified
- Sutts replied Mar 31, 2010
That's one nice clear chart BabeFX. Thanks for posting.
Support and Resistance Trading Simplified
- Sutts replied Mar 31, 2010
Thanks for confirming Domino. I think that answers two of my questions. 1. Single fractals are sufficient as break points (1 higher low on each side of the low point as opposed to 2 higher lows on each side). 2. A short entry can be made as soon as ...
Support and Resistance Trading Simplified
- Sutts replied Mar 31, 2010
Guys, Are we looking for a break of the most recent 15M low, followed by a failed lower high followed by a continuation through the new low before entering? Would that low be the 1.3515 low (based on closing price) or the 1.3510 low (based on a ...
Support and Resistance Trading Simplified
- Sutts replied Mar 31, 2010
I think when Domino is referring to highs and lows he is talking about highs and lows in the closing price or possibly the average price (which I don't think I can access). Can anyone help me clarify this please?
Support and Resistance Trading Simplified
- Sutts replied Mar 31, 2010
Well it finally got there! Out with +27.
Intraday price action trend trading
- Sutts replied Mar 31, 2010
Looks that way doesn't it? I'm B/E now so I'll just hold and hope it reaches 1.35,
Intraday price action trend trading
- Sutts replied Mar 31, 2010
I'm here Sho, just lurking and trying to apply what I know. I took the EU inside bar break and I'm still in there with 10 pips so far but it's slow. I need 15 to move to B/E really.
Intraday price action trend trading
- Sutts replied Mar 30, 2010
Not sure what you're looking for here Domino. Is this shaping up for one of those "death roll breaks"?
Support and Resistance Trading Simplified
- Sutts replied Mar 30, 2010
The order flow is still down. If the high 3 bars back is taken out then the order flow becomes neutral and we may exit the trade. If price was to: break the last 15M lower high pull back to produce a higher low continue upwards to break the new high ...
Support and Resistance Trading Simplified