- Search Forex Factory
- DonPato replied Jun 1, 2022
APPROACH WITH CAUTION... This is yet another example of cherry picking in back test but real world application is doomed to financial failure
3 Bull and 3 Bear candles strategy
- DonPato replied Mar 9, 2022
This is exactly right...how does price respond?
Discussions on Order Flow/Volume
- DonPato replied Mar 9, 2022
Yes in your screen shot there was some absorption occurring...buying liquidity was stalling the price advance...This may be a clue to future price rise...IF (and this is a BIG IF)...sellers give up. But as you can see, price did NOT rise. It kept ...
Discussions on Order Flow/Volume
- DonPato commented Mar 8, 2022
At a boy Biden!! Did you think of that all by yourself? You'd think that after 50 feckless year as a Washington beaurocrat you'd understand SANCTIONS DON'T STOP ANYTHING!! Moron!! Too little too late. Let the rest of us with greater than 10% of a ...
Biden: Will ban imports of Russian oil, energy
- DonPato replied Feb 18, 2022
To the extent that the "fundamental analysis" would determine your trades...no. However, that certain fundamental data are coming across the wires... absolutely. These news announcements have a profound and immediate effect on price movements long ...
Does a day trader need fundamental analysis to succeed?
- DonPato replied Dec 30, 2021
What you so aptly described is very typical of market behavior and as you have noted, it occurs right before the very move you wish to catch. Since you are only watching the DOM and even that has only 5 ticks above and below the last transaction, it ...
Discussions on Order Flow/Volume
- DonPato replied Dec 29, 2021
Please proceed...do you have a specific question? I assume, "DOM" means "depth of market". Perhaps you might tell us what type of DOM you are looking at and we can go from there...I do know this: DOM in the spot FX market is only available from ...
Discussions on Order Flow/Volume
- DonPato replied Dec 29, 2021
Best of luck...I am not a coder and wouldn't know where to begin...I would be very interested however in your results...
Discussions on Order Flow/Volume
- DonPato replied Dec 28, 2021
I have not tried this indicator. From what you posted it looks promising. However, I see that this indicator is posting BOTH buying and selling at each level...I have found that it is much less complicated to see just delta volume at each level. ...
Discussions on Order Flow/Volume
- DonPato replied Dec 10, 2021
The basic structure of any and ALL financial market are orders...whether you "see" them or not. The fact that the spot FX market is decentralized only means we have no access to the data that other markets have...it does not mean they don't exist. ...
Discussions on Order Flow/Volume
- DonPato replied Dec 10, 2021
I understand what you are saying and again repeat...I used to view the charts in the same way. However, using this tool...using the understanding that only 30% of the order flow is causing a large price movement tells me where the liquidity is and ...
Discussions on Order Flow/Volume
- DonPato replied Dec 4, 2021
I used to be the same way in my thinking...and I believe that when I started using this tool, I did exactly that... However I found value in knowing where (what price) the "bulk" of the trading was done as it also gave me and idea how price was ...
Discussions on Order Flow/Volume
- DonPato replied Dec 3, 2021
You will have to pass that on to the author. I think his name is Ahmed. But he wrote it... I'm just not that smart.
Discussions on Order Flow/Volume
- DonPato replied Dec 2, 2021
The profiles are shown for the time frame you have listed in teh indicator settings themselves. The candles shown are for a smaller time frame. With this setting you are reading the profiles as if each was a single candle, and the smaller candles ...
Discussions on Order Flow/Volume
- DonPato replied Nov 14, 2021
I showed you my stats...I clearly make more than a single successful trade. I am not marketing anything...I am just a guy who knows how to use the "truth" of the market to make a living. I couldn't care less if you believe me or not. I'm not here to ...
It's Unreliable
- DonPato replied Nov 14, 2021
I've tried to be polite... I've tried stating directly the disrespectfulness of these inquiries on this thread. I've given what you asked for and you continue to ask ME to explain my trading on someone else's thread...is it me or am I not ...
It's Unreliable
- DonPato replied Nov 14, 2021
Do you want to actually learn HOW trade? Or just whine and let everyone else do your searcing for you? The point of these threads is to have a discussion and commentary on what works and what doesn't work for each of us. Not for me to "prove" to you ...
It's Unreliable
- DonPato replied Nov 14, 2021
I have to agree with this sentiment. Here2There is just letting us know his experience and asking the audience at large to show him something using the methods that he mentioned, that actually works in real time...long term. So far I have not seen ...
It's Unreliable
- DonPato replied Nov 14, 2021
I have already answered this question in a previous post on this thread. Just look up any of my threads on this forum and you will find I post trades, live, on the right hand edge to illustrate the points I bring out in my disdcussions. However, ...
It's Unreliable
- DonPato replied Nov 14, 2021
I'm afraid this has bogged down into an issue that few understand...one of metrics. This is NOT the question the originator of this thread was asking. I produced some metrics only to verify the voracity of my stance that math is NOT a useful tool ...
It's Unreliable