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Domino's Price and order flow trading

  • #261
  • Apr 7, 2010 10:22am Apr 7, 2010 10:22am
Quoting nasir.khan
This where the problem is. How do you know when enough size has come into the market?
How to judge enough? Higher than the average over a certain amount of time? Does enough vary depending on the time of day?

Leon

PS. This post is directed toward Scotty.
Living the adventure in my head.
  • #262
  • Apr 7, 2010 10:22am Apr 7, 2010 10:22am
Quoting hornet
looks like every time that scotty character comes in, an argument develops. do we really want this happening again ???
Yeah he thinks hes cracked the market (again, see fibs) lol.
Economists have forecast 9 out of the last 5 recessions
  • #263
  • Apr 7, 2010 10:25am Apr 7, 2010 10:25am
Quoting Sutts
Thanks hornet.

Sorry, one more question if you don't mind. Your definition of a previous high - is that a fractal high with 2 lower highs each side or will one lower high each side of the peak be enough?

Cheers
Great stuff hornet, thanks for the help.
  • #264
  • Apr 7, 2010 10:27am Apr 7, 2010 10:27am
Quoting Leonlorenzo
How to judge enough? Higher than the average over a certain amount of time? Does enough vary depending on the time of day?

Leon
Yes, you could look at it as a strong deviation away from the average. It's a very momentary thing then price turns.
  • #265
  • Apr 7, 2010 10:27am Apr 7, 2010 10:27am
Quoting Leonlorenzo
How to judge enough? Higher than the average over a certain amount of time? Does enough vary depending on the time of day?

Leon
Easy wait till the daily trend has changed, ie a few weeks after the intial turn, then you can say it was enough. Then build a time machine.
Economists have forecast 9 out of the last 5 recessions
  • #266
  • Apr 7, 2010 10:30am Apr 7, 2010 10:30am
Quoting sisse
Big players, small player, etc, etc .... Broad generalizations!!!.

I kind of agree with markmm. "Believing" that big players are here or there is wrong by definition especially when you are trading small timeframes forex with Oandas,etc bucket shops . At least in stocks and futures you have some centralize, regulated information about trades and even there is impossible to know what the big money is doing because of dark pools of liquidity and algos.

Even if you know where are the big players, its a mistake to believe that they are always right....

You don't have to even know who the big players are to understand when the priorities of people who can move the market are lining up on the same side.

For example look at A/U right now. Look at all of the resistance in front of the .93 level today. You can bet your ass that there are tons of TA stops sitting there, as well as option defense stops. Every time price gets rejected at that level, there are a greater number of people looking to break that level. It is almost guarenteed that if price breaks .929 then it will touch .93 sometime after. Isn't that enough information to trade from while understanding the order flow behind the market?
All I ask for is a chance to prove that money cannot make me happy.
  • #267
  • Apr 7, 2010 10:40am Apr 7, 2010 10:40am
Quoting Scotty B
Yes, you could look at it as a strong deviation away from the average. It's a very momentary thing then price turns.
Ok now we are getting somewhere (depending upon what you'll say next).
Average of what? Price, Volume or Time.
and again i'll ask for an example.
  • #268
  • Apr 7, 2010 10:45am Apr 7, 2010 10:45am
Quoting nasir.khan
Ok now we are getting somewhere (depending upon what you'll say next).
Average of what? Price, Volume or Time.
and again i'll ask for an example.
Volume. Work it out on your own if you got it. Don't rob others of the journey.
  • #269
  • Apr 7, 2010 10:47am Apr 7, 2010 10:47am
Quoting Scotty B
Volume. Work it out on your own if you got it. Don't rob others of the journey.
Yeah dont rob others of the journey to the brick wall when you realise you cant get real volume information in FX.
Economists have forecast 9 out of the last 5 recessions
  • #270
  • Apr 7, 2010 10:49am Apr 7, 2010 10:49am
Quoting markmm
Yeah dont rob others of the journey to the brick wall when you realise you cant get real volume information in FX.
FUTURES
  • #271
  • Apr 7, 2010 10:54am Apr 7, 2010 10:54am
Quoting Scotty B
FUTURES
I havent looked into that so I cant comment, if there is useable information there then fair play.
Economists have forecast 9 out of the last 5 recessions
  • #272
  • Apr 7, 2010 10:54am Apr 7, 2010 10:54am
Possible sellers in da house..getting interesting
  • #273
  • Apr 7, 2010 10:57am Apr 7, 2010 10:57am
hmmmmm.....are these 2 characters a couple ? they happen to pop into a thread at the same time and start backing each other up. a bit like yesterday....

what is it today ? big players, yesterday it was....ooops forgot, probably unimportant things were said then...and again today
The quality of your life is brought about by the quality of your thinking.
  • #274
  • Apr 7, 2010 11:02am Apr 7, 2010 11:02am
Lots of size printing as we speak
  • #275
  • Apr 7, 2010 11:16am Apr 7, 2010 11:16am
Quoting pipmutt
I've never seen anyone demonstrate in real time any practical use for futures data in the spot market, not one single person. Does that maybe tell you something?
Not that I'm advocating it, but what about MP? Some of those guys do very well, all based on futures data.
  • #276
  • Apr 7, 2010 11:34am Apr 7, 2010 11:34am
Quoting pipmutt
I've never seen anyone demonstrate in real time any practical use for futures data in the spot market, not one single person. Does that maybe tell you something?
Take a look on my old thread http://www.forexfactory.com/showthread.php?t=200074.


Lubo.
If I know how, I tell You!! Few but Good!!
  • #277
  • Apr 7, 2010 11:37am Apr 7, 2010 11:37am
At Alex_S thread http://www.forexfactory.com/showthread.php?t=136907 too.

Lubo.
If I know how, I tell You!! Few but Good!!
  • #278
  • Apr 7, 2010 11:38am Apr 7, 2010 11:38am
I think we are going out of the original road of Domino's thread..
Market is like a puzzle, YOU have to fit the pieces!!
  • #279
  • Apr 7, 2010 11:46am Apr 7, 2010 11:46am
Quoting Chris_B
I think we are going out of the original road of Domino's thread..
Quoting pipmutt
Thanks for the info guys, I'm getting interested now!
Living the adventure in my head.
  • #280
  • Apr 7, 2010 11:51am Apr 7, 2010 11:51am
Quoting Leonlorenzo
Ok, wha'd I do?

I tell you, I'm just sooo lost with this stuff I feel like a noob! It's interesting though and keeps the interest in this business alive.
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