Quotes (price) trading | Forex Factory

Options

Permalinks
Print Thread

Similar Threads

Arbitrage trading (synthetic quotes) 33 replies

Live price quotes, multiple brokers, 1 excel sheet - Please help! 0 replies

five digit price quotes 26 replies

does you broker ban arbitrage on manipulated price quotes? 2 replies

email price quotes? 5 replies

Quotes (price) trading

  • #1
  • First Post: Oct 20, 2014 6:51am Oct 20, 2014 6:51am
Does anyone know books or materials about trading quotes (price)? Years ago, when there were not computers, people used to trade quotes without patterns, trendlines etc, only price.

Alex
  • #2
  • Oct 20, 2014 7:28am Oct 20, 2014 7:28am
A lot of professionals are still doing this. It's called DOM (depth of market) trading.

Of course, unless you are REALLY good, the computers are going to kick your ass at this, since this is what they are especially good at.

https://dl.dropboxusercontent.com/u/190212/ff/dom_1.jpg

https://dl.dropboxusercontent.com/u/190212/ff/dom_2.jpg

https://dl.dropboxusercontent.com/u/190212/ff/dom_3.jpg
  • #3
  • Oct 20, 2014 7:35am Oct 20, 2014 7:35am
Quoting alexx90
Does anyone know books or materials about trading quotes (price)? Years ago, when there were not computers, people used to trade quotes without patterns, trendlines etc, only price. Alex
Unless you have information on market orders, it is difficult to trade based on market depth. One of my friends trading on sgx using market depth. So it is possible to do so.
  • #4
  • Oct 20, 2014 8:05am Oct 20, 2014 8:05am
Quoting alexx90
Does anyone know books or materials about trading quotes (price)? Years ago, when there were not computers, people used to trade quotes without patterns, trendlines etc, only price. Alex
Only screen time can learn you price action reading. 10.000 hours rule. You can get really good at it after many hours infront of the screen and I know guys trading only ladder without charts

http://www.jigsawtrading.com/learn-t...lysis-lessons/
http://www.hardrightedge.com/tactics...apereading.htm
  • #5
  • Oct 20, 2014 8:06am Oct 20, 2014 8:06am
Hi there,
I saw this post once (the entire thread is fascinating):
http://www.forexfactory.com/showthre...41#post7549141

Additionally, there used to be a guy here called Gaston, who claimed not to use charts for his trading.
I don't think he revealed much of his strategy, but his posts were quite an enlightening read.

Cheers,
k
  • #6
  • Last Post: Oct 24, 2014 4:23pm Oct 24, 2014 4:23pm
Thank you everybody, I'll take a look.

Alex
0 traders viewing now