or you can get really arty and start creating SK (super Kluster) levels marrying up the 38.2 and 61.8 levels off multiple swing points n shit.

Why 61.8%?

what I'd like to know in more detail is what size of orders over what time period (and next weeks winning lotto numbers please). I suppose it all depends on the liquidity at the time the orders are put through. You can see it on the charts where you ...

Domino's Price and order flow trading

he participated (in the conference which is now a book - must buy the T shirt too), via video conference from the slammer whilst being whipped by his 50 stone bald headed, hairy, tattooed cell mate in a gimp mask and nappy. yes, read this book and ...

Domino's Price and order flow trading

THANKS! — Thanks Feb. Your threads/posts have been inspirational. A real wake up call for many I am sure. A real shame you aren't sticking around. All the very best to you.

The System III (Oh no!)

Interesting book

Domino's Price and order flow trading

any views with regards to the below concept??: In the pit the filling broker puts in the orders for institutions often a big stack of orders. These will often not be put through all at the same time at that price. The filling broker has to wait for ...

Domino's Price and order flow trading

Ok thats good, what works for you. I use 2 types of SR for day trading its similar to yours just using hourly levels and I trade off these on the 15min chart just trading the breakouts and reversals and just following price around basically, very ...

2% Money Mangement Complications!

I'd ditch the trendlines and stick with horizontal SR lines and price action otherwise you will just have too many conflicting signals and trendlines are a waste of time imo. Why haven't you used horizontal SR below price especially larger time ...

2% Money Mangement Complications!

wow it took you almost 3 years to work that out, for a very dumb method!!

Best trading systems

Sometimes it is pure coincidence that price has bounced off a moving avererage coinciding with the fact that prior to the bounce, price was considered relatively cheap for a buy or expensive for a sell at that price - nothing to do with the moving ...

Does Moving average actually act as moving S/R ??

I disagree. I believe it helps to have some idea of risk/reward of your method/s over the long term. It does not have to be rigid as of course a key ingredient is to be able to manage your trade after entry according to your rules. If you have some ...

The REAL reason why nearly every trader fails. Can you solve this trading dilemma?

I agree, this was a crude article but it was done so to make a point, his book goes into more depth. I can't vouch for his trading methodology, trending markets or not, its highly probable that a trader could make X number of trades with X number of ...

The REAL reason why nearly every trader fails. Can you solve this trading dilemma?

I did not say it was wrong. I said it did not make any sense in the context of considering risk to reward. You have not explained where you set your initial stop, or maybe you don't? Then you have a very discretionary approach which I am sure more ...

The REAL reason why nearly every trader fails. Can you solve this trading dilemma?

He is simply using a very extreme example to make a point. I wouldn't dwell on it too much What's the market trend have to do with it anyway? You have not made any sense. What Tharp hasn't considered however, is that with each loss obviously ...

The REAL reason why nearly every trader fails. Can you solve this trading dilemma?

This does not make any sense. So, you are saying your stop loss is at your entry?? Where you place your original stop at entry, that is your initial risk.

The REAL reason why nearly every trader fails. Can you solve this trading dilemma?

This is completely wrong. Find stuff by Van K Tharp which goes into some detail on risk and profit percentages. However, putting it into practice will be worthless if you have a flawed entry/exit strategy. Read this: url

The REAL reason why nearly every trader fails. Can you solve this trading dilemma?

Not true. Expectancy is the key. Read the article I posted below and find stuff on the turtles who had quite a low winning % but made millions.

The REAL reason why nearly every trader fails. Can you solve this trading dilemma?

Thanks Domino, lots of weekend reading

Domino's Price and order flow trading

Yes please!

Domino's Price and order flow trading

Haven't read it yet but it might be interesting....

Domino's Price and order flow trading