Domino's Price and order flow trading

nope

2 more... ill upload some more tonight I got like 40 more all about the same stuff.

This has to be some kind of record...i know i'm one but come on, it's like a ninja conference!

lol haha must be all the hardcore PA and TA guys who were mocking order flow and don't wanna be caught snooping around.

not really.
there were other threads that got more 'ninjas' all at the same time, if i remember correctly

Thanks Domino, lots of weekend reading

lol, gamblers anonymous!

http://smiley.onegreatguy.net/bag.gif

Thanks for the pdf's domino!

I don't think I need to explain this chart

No you don't. I looked at GY this morning and thought you might have done well out of it

I did wonder if it may have been a little overextended this morning to take on any new positions but i guess not.

good trade

Thanks for the info! Between these and Harris, my brain should be hurting. LOL.

Once again the weekend came quickly - have a good one everyone!

Just want to add my thanks as well, really enjoying this thread.

Daytrading, Is it true that you joined Jacko's group in February this year?

ROFL.

I would hazard a guess that no, that's not true.

Jeez...

(appropriate use of new signature #1)

For EURUSD fans


or its mirror brother USDCHF

good setup coming maybe during london.. RZ11F at 1.3500
prepare for the pull back with bullsnap after would lead to a change in momentum and i suspect if it pulls back the london may bring the longs inover 1.3500 .. but like normal watch it hit rz11f and watch the action break high would confirms longs and breakshort would be resumption

setting up on the au for london ..

good pa backing up PB on usdcad short...

Why build equally into trades on breakouts consecutively?

Im sure this may cause so debate ...

not quite understandable by most but look at the effect on random break data.. assuming loss rate+BE rate of 75% and success rate of 25% on randomly distance break data.. you can see that at no time through the course of the trade is reward at a specific point greater than that of the loss area.. and at no point through the reward distribution is the amount of wins greater than losses+BE's and at no point through the curve is the sum of the trades in the profit higher than the trades in losses.. yet the reward for the risk on 100 evenly distributed trades at random is 1:2.5 R:R

and a profit is made using expectancies on random data.

this is also assuming 1/2 the trades that move and build into new trade end up stopping out at BE

reversing this as well usually leads to steap losses.. people wonder if they should 1/2 out of trades.. then generally under the same conditions.. R:R is swapped 2.5:1 R:R placing a system at loss with random data..