Domino's Price and order flow trading

Seems like this thread has died as of late. Domino if you're still around I have a few questions for you.

1. When you long AUD/USD you get paid the IRD on the pair, that makes sense. But when I short a pair like EUR/AUD shouldn't I get paid on the IRD as well? I mean I'm essentially buying AUD and shorting EUR. Somehow on my Oanda account it doesn't work that way. The IRD is the same whether you long or short the pair. Is that normal or is it only Oanda doing this?


2. When building positions on equities like REI/UN.TO, do you reinvest the dividends it pays out every month to take advantage of compounding or do you just pocket the money? What about stocks that only pay quarterly dividends and not monthly?

This is a great thread, lets keep it going!

Hey guys.. there is alot going on which is making the firm very busy I will be back next week or so and continue to take questions and continue posting

-dom

Hi Domino, it's great to have you back.

Domino love the way you explain order flow one question you think this is a good book to get a good grip on how understand order flow the book is by Steidlmayer on Markets: Trading with Market Profile, 2nd Edition - J. Peter Steidlmaye

this is so far from this morning from new york.

just bank on ERU JPY only 20 pip

just bank another 20 pips on aud usd

I love this guy I actually started reading this book.. but I read his research stuff from the cbot...

looks like the testing is going well! good luck

I know im sorry my firm is going through changes so forgive me its a very busy time..

its the way oanda calculates the interest payment.. and the fact the ird is narrower on eur/aud.. you should still get paid interest it just wont be as much as aud/usd



I usually try to have the payment match the cycle and sizing im more willing to buy a company with faster payments and only interested in when those payments are.. sometimes people guess at recorded ownership for dividends and the stock will run just because they expect that will be the accounting period for the payment..

Currencies daily interest and monthly and quarterly payments are where its at tho.. the rest I judge if It starts to run around accounting times and it depends on the size.. usually I stay faster payments.

this ended up being a mean trade freakin sexy

to the people that read this thread.. we have during this week at our firm decided to pull all of our united states investments.. we are no longer trading/investing in us markets.. we will continue to hold foreign companies and will build diversified holdings surrounding foreign investments..

We expect over the next few months(3-4) to begin to see escalating up to 2 years from now problems in the united states as for us it is no longer an investment op.

DOM

p.s. as you guys have seen our trading/investment style is generally very accurate as well as our team that does analysis... be very careful

That's a very bold and vague explanation, would you care to elaborate?

well very quickly as an example as to the reason...if you take the us govt and look at it as a business or an investment.. you can see that it is one of the most poorly run businesses in ever. On top of that nobody really makes sure the numbers line up.. thankfully I have a team of people that track and translate the non-sense and line it up with different variables..

lets talk about the balance sheet when I went to finance school we learned that the balance sheet should be treated like the sun everything revolves around the balance sheet.. then there is position.. and streams..

the balance sheet of the united states goverment... of all the united states commissions/sections/ and agencies only 2 had surpluses since 09.. that is the tennessee valley commission and the sec.. the top 25% of them lost 25% operating.. and the rest sat at losses of 70% on average per agency... the united postal service also paid for itself.. generally yearly the gap between revenues and expenses in the united states grows at a rate of about 20% yearly.. that means every year the costs and revenues that pay for them widen and we bleed more money.. our assets and revenues grew by 10% consecutively as our debt and expenses grew by around 24%... looking at unemployment numbers they have been fudged and it is obvious.. they we are probably by our estimates at around 23-26% for the country at large.. the revenue streams from taxes and from lack of employment has been causing and increase in the losses for the fed gov at an accelerating rate.

the point im getting at is this.. we all know about the force of compounding and these problems have been doing so since around 98ish when the curves started to bend into an unfavorable condition.. keeping the level and rates the same .. we have placed a line for varying debt levels and how much we pay for the debt owed.. to show many lines and levels for our ability to meet our interest rate obligations.. looking at the varying levels of expenses versus revenues and the gov ability to work or push into debt we can see climbing levels into the debted areas.. at a rate around 11-13% ..

we see the intersection of our ability to replay our debt and the goverment debt and revenue streams to intersect within the next 3-4 months and accelerate for the next 2 years ...

while the gov has these problems now and is insolvent we are not able to see the effects due to our ability to pay for our debt by printing money and decreasing the value of it.. which inturn shows artificial growth that is perceptive to the general public.. but quick look at actual numbers and percentages show a different senario..

we can see that as of right now.. there is no value in america.. and will turn into a broken machine here soon and the rest of the world will then be forced to evaluate our gov and debt for restructuring..

we can see only 2 ways to fix the current situation.. and both need to be used in conjunction to provide enough effect as to rebalance the economy.. the goverment must within the next couple of month must keep the debt ceiling where it is.. and slash goverment spending to the turn of about 20% initially slowly pushing to 45% over the next 5 months while in conjunction raising taxes killing bush tax credits and taxing them at the new level..this we feel is counter productive to the growth of the united states.. raising taxes and cutting spending to the extent we have mentioned will only slow us growth increase unemployment and reduce revenues for the country.. in effect mitigating the decrease of debt.. but creating semi balanced sheets..

unfortunately what we see happening is raising the debt level .. raising taxes not fast enough.. not slashing enough debt/costs fast enough.. this of course all a product of creating a growth through leverage not savings.. we see the goverment really trying to just stabilize the contraction.. and as things fall moving into an accelerating stabilization situation.. in which the effects of the attempted stabilization accelerates the decent until we restructure or bankrupt..

DOM

then again maybe im a crackpot i mean the dollar has fell in value 15.2% and the dow has grown 15.8% so weve generated .6% in wealth since june... for 10 months of investment activity.. where traditionally its been a *&^ ton more.. sure as hell looks like an accelerating dive. but the perception is yay the little guy is back.. some one i guess has to take the other side of the trade.

What does your perceived U.S. government finacial solvency have to do with every company within the United States? Are you investing in the government?!?

im not saying these companies will eat it a few might.. im just saying nows not the time to invest in them.. the systemic risk is to high. its time for stable foreign investment

Do as you will...

Holy shit what is FF coming to ???!!!

Level headed, educated, investment-minded posts.....

I just don't know what to think anymore

haha sorry to distrupt the norm..

http://finance.yahoo.com/banking-bud...9&asset=&ccode=

not that I back this article.. just gives good relation information .. what happened comming out of the depression and japan..