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Domino's Price and order flow trading

  • #1,201
  • Nov 30, 2010 7:23am Nov 30, 2010 7:23am
Quoting Benevolent
Bahaha I totally just beat the 2nd one again with some buddies. The 3rd one should be epic
hah yeah if they ever finish it and im not 90
  • #1,202
  • Nov 30, 2010 8:18pm Nov 30, 2010 8:18pm
Quoting domino
hah yeah if they ever finish it and im not 90
I wonder if they'll make fifty expansions for this one too. I'm taking a look at the G/A trade right now as well... Do you ever use ECN volume in your analysis? I don't think you've mentioned this yet. And if you have, my bad
  • #1,203
  • Nov 30, 2010 11:32pm Nov 30, 2010 11:32pm
Quoting domino
IB Does our clearing.
do you ever take firm trades on stocks which don't pay dividends (such as rimm) but may have a greater profit potential when the PA syncs up?

do you still aim for 5%/month gains on your stock trades as well?

how much leeway do you give when setting the values for your stops/levels? i.e. do you give a cushion of $1 on the recent high or low to set the order to get hit at that price or do you do it a different way?

thanks for your help!
  • #1,204
  • Nov 30, 2010 11:41pm Nov 30, 2010 11:41pm
Quoting Benevolent
I wonder if they'll make fifty expansions for this one too. I'm taking a look at the G/A trade right now as well... Do you ever use ECN volume in your analysis? I don't think you've mentioned this yet. And if you have, my bad
yes I do
  • #1,205
  • Nov 30, 2010 11:49pm Nov 30, 2010 11:49pm
Quoting rogerdoger
do you ever take firm trades on stocks which don't pay dividends (such as rimm) but may have a greater profit potential when the PA syncs up?

do you still aim for 5%/month gains on your stock trades as well?

how much leeway do you give when setting the values for your stops/levels? i.e. do you give a cushion of $1 on the recent high or low to set the order to get hit at that price or do you do it a different way?

thanks for your help!
no, I only buy yield. yeah about 5% a month but this is trading very small not fully in the market worst case senario.. its what I expect as a minimum.. for example the past 2 months I did about 45%..

I set my stop levels the same in equities. No cushion really a stop out is a stop out.. I burn down my risk with income stream so it doesnt much bother me.
  • #1,206
  • Dec 1, 2010 6:47am Dec 1, 2010 6:47am
triggers everywhere ... off these heavy RZ and SZ's
  • #1,207
  • Dec 1, 2010 12:49pm Dec 1, 2010 12:49pm
Quoting domino
triggers everywhere ... off these heavy RZ and SZ's
here moving off heavy zones
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  • #1,208
  • Dec 1, 2010 10:43pm Dec 1, 2010 10:43pm
Quoting domino
here moving off heavy zones
Looking to pick up more risk tonight as trend resumes off heavy zones.
  • #1,209
  • Dec 1, 2010 11:03pm Dec 1, 2010 11:03pm
Quoting domino
Looking to pick up more risk tonight as trend resumes off heavy zones.
Heavy zones? As in zones that could have potential clusters of orders?
  • #1,210
  • Dec 1, 2010 11:09pm Dec 1, 2010 11:09pm
Quoting Benevolent
Heavy zones? As in zones that could have potential clusters of orders?
as in zones that are easily identified and have heavy support or resistance fighting them and potential order clusters above or below them with IRD usually cause compression and contraction in wave structure as they approach and this builds larger than normal order clusters and the compression occurs
  • #1,211
  • Dec 1, 2010 11:32pm Dec 1, 2010 11:32pm
Quoting domino
here moving off heavy zones
Hey Domino, it's been awhile since I've posted but I'm still keeping tabs on this thread. Keep up the great work! http://cdn.forexfactory.com/images/s.../yim/happy.gif

As for the trades off the RZ and SZ. The USD/NOK, USD/ZAR and to an extent AUD/JPY had some wave compression to them, I can't make out any waves in GBP/AUD (I'm looking at the dailies) and the entries were right off the RZ/SZ zones and not your usual break of higher high or lower low that you often display. Could you talk a little bit more about how/why these trades are different than your usual ones? Much appreciated!
  • #1,212
  • Dec 1, 2010 11:56pm Dec 1, 2010 11:56pm
Quoting sir6
Hey Domino, it's been awhile since I've posted but I'm still keeping tabs on this thread. Keep up the great work! http://cdn.forexfactory.com/images/s.../yim/happy.gif

As for the trades off the RZ and SZ. The USD/NOK, USD/ZAR and to an extent AUD/JPY had some wave compression to them, I can't make out any waves in GBP/AUD (I'm looking at the dailies) and the entries were right off the RZ/SZ zones and not your usual break of higher high or lower low that you often display. Could you talk a little bit more about how/why these trades...
sure .. in a market like this it is extremely good to decrease risk.. in these cases I am doing just that.. buy building positions into profit off of these zones I can be more nimble to cut into small or build into bigger positions based on the price action.. these positions are not full size risk positions like we would be using if wave structure where to have formed with large fundamental and technical divergences.. since we are aligned fundamentally and technically .. without much more fundamental pull.. which we are seeing the opposite of.. "chinese tightening" we are seeing the market become saturated waves compressing on the top end which means we may be running out of steam in growth.. and may be looking for another run of risk adversion... these nimble positions off of heavy zones allow us to build into profit as long as they move off whether they compress or not at a significant lower risk than normal.. and higher risk burn.. these are time sensitive orders and the main goal is to create minimum exposure to the market and sustain the exposure for the time ness. to burn risk of the position and possibly push some profits.. and magnify the position into profit.. creating possibility for higher Reward to risk ratio in a market that seemingly would have more risk to enter into.
  • #1,213
  • Dec 2, 2010 3:27pm Dec 2, 2010 3:27pm
Quoting domino
sure .. in a market like this it is extremely good to decrease risk.. in these cases I am doing just that.. buy building positions into profit off of these zones I can be more nimble to cut into small or build into bigger positions based on the price action.. these positions are not full size risk positions like we would be using if wave structure where to have formed with large fundamental and technical divergences.. since we are aligned fundamentally and technically .. without much more fundamental pull.. which we are seeing the opposite of.....
position building..
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  • #1,214
  • Dec 2, 2010 8:43pm Dec 2, 2010 8:43pm
Quoting domino
position building..
You just turned on a few lightbulbs from these last few posts...;D

Just a quick question on news events if you have the time to answer.. What feeds do you use/suggest? Also, are those all IRD trades in your pic?
  • #1,215
  • Dec 3, 2010 7:06am Dec 3, 2010 7:06am
Quoting Benevolent
You just turned on a few lightbulbs from these last few posts...;D

Just a quick question on news events if you have the time to answer.. What feeds do you use/suggest? Also, are those all IRD trades in your pic?
we dont really use news feeds but our clearing firms platform has it built into it... most of our research and ideas is internal proprietary research that our market specialist team put together.. they are required to present their research to our traders in the mornings.. so we skip the news and we trade based on our own research. most of the news is media propaganda for someone elses agenda anyways..
for
edit: yeah those are all trades with the IRD

edit again: watch news today as it could be brutal either way.. its alot of data traders have to compute...
  • #1,216
  • Dec 3, 2010 8:41am Dec 3, 2010 8:41am
Quoting domino
we dont really use news feeds but our clearing firms platform has it built into it... most of our research and ideas is internal proprietary research that our market specialist team put together.. they are required to present their research to our traders in the mornings.. so we skip the news and we trade based on our own research. most of the news is media propaganda for someone elses agenda anyways.....
Damn, a news team?? Now I REALLY feel like small game haha. I wonder if the people that stand in front of Home Depot would be interested...
  • #1,217
  • Dec 3, 2010 8:55am Dec 3, 2010 8:55am
Quoting Benevolent
Damn, a news team?? Now I REALLY feel like small game haha. I wonder if the people that stand in front of Home Depot would be interested...
Haha nah not a news team its out group of market specialists .. its the name i give to traders that have been with me the longest.. the generally get the job of analysis of certain markets.. like foreign bond market.. the research the macro fundamentals of the markets and pass them around.. not a entire new team
  • #1,218
  • Dec 5, 2010 8:47pm Dec 5, 2010 8:47pm
talking about natural capital flows.. not something usually discussed on FXfactory http://www.forexfactory.com/showpost...ostcount=25689 ...

capital flow is talking about how currencies are effect by large scale transactions due to pricing and PPP.. for example this aussy and usd pair..
around parity when the PPP is switched and united states goods become a bargain for aussies .. they will buy more us goods... (more if we still actually had a manufacturing base) this importing of united states goods goes through this flow... an aussy wants a new american made imported shotgun.. normally its 1420$ but the aussy has been rising invalue by 30% from .7 to parity.. the price of this shotgun has dropped to 1000$ due to the revaluation.. this is a good buy to the aussies and so a company start importing american shotguns.. to buy the shotguns... they first sell aussy dollars and buy american dollars and purchase the shotguns.. they are then imported and then the price is set in aussies.. so basically because the aussy rose in value things are seen as discounts as imports and the aussy naturally will devalue itself buying foreign goods..
  • #1,219
  • Dec 5, 2010 8:55pm Dec 5, 2010 8:55pm
this is cyclical as the aussy halts rates.. it will naturally and slowly drop in value until it reaches equilibrium because PPP needs to find equilibrium no matter what the factor.. but as it sells off naturally from the outflow of aussy cash exports will rise and new demand for the currency will start again.. this is seen as a short downward trend and then a strong long trend upwards again
  • #1,220
  • Dec 6, 2010 8:47am Dec 6, 2010 8:47am
Quoting domino
this is cyclical as the aussy halts rates.. it will naturally and slowly drop in value until it reaches equilibrium because PPP needs to find equilibrium no matter what the factor.. but as it sells off naturally from the outflow of aussy cash exports will rise and new demand for the currency will start again.. this is seen as a short downward trend and then a strong long trend upwards again
Thanks for all your post, very simple and understandable,thank you.
D labour of a fool wearieth him cos he doesn't know how to enta d city
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