It makes a difference I think for example I place 3 trades 1 win 1 loss 1 be.. I make 20 pips lose 10 pips and be 0 pips per trade I see 20-10+0/3=3.33pips I averaged 10 pips per trade.. now without use of be.. price was coming back lets say we ...

Domino's Price and order flow trading

Im doing it pretty much to show trades and track stuff.. I dont trade these time frames in the shop .. I trade higher time frames.. across a wider spread of markets... oanda is not really a bucketshop they are quite a remarkable broker for what they ...

Domino's Price and order flow trading

pretty much I mean my hit rate is pretty good I believe but I dunno.. I mean in the past couple trades ive posted its been much faster time frame than I normally do.. I just closed this EJ long Im getting ready to post.. and I have a AU long still ...

Domino's Price and order flow trading

generally if the wicks are not long the break of the bodies is best ... if the wicks are long its best to break the wick. EJ needs to push against an area where supply will increase to pushing price down into the orders. There is no real resistance ...

Domino's Price and order flow trading

yeah thats how I do it.. we just do PnL/trades.. figure out average profitability of a trade per trader.. so if his setups start to slip or it becomes less profitable.. the profit per trade on average will drop and well catch it MoM I think retail ...

Domino's Price and order flow trading

you have to call them I dunno anywhere they got it listed.. generally you contact them and talk to a rep who then will figure out what you "need" <- sell you stuff you dont.. and they theyll quote you a price and feed that fits you.

Domino's Price and order flow trading

the past couple of trades have all been candlebased its easy to work into Id say roll back and look at how I draw low to highs.. The more I trade in here the more you guys will see it.. takes time

Domino's Price and order flow trading

well price will generally have moved once the orders come in.. so youll see price move and youll see the numbers at the same time.. generally if you see block buying in price you dont need the DOM or LOB.. look for block selling or buy large gaps ...

Domino's Price and order flow trading

[quote=Scotty B;3622930] It depends on feed your getting and your needs all the terminals I assumed the lowest you could get was about 1K per terminal I was never quoted 100 for a terminal...here they are all the same setup and they have basically ...

Domino's Price and order flow trading

average of the sum of all who think they are fx traders is probably a large negative number

EURUSD

well I have 7.. total bill is about 12.4k a month hit rate is not important its not about grinding odds.. its about controlling risk building into good trades and not making stupid decisions.. spread risk.. diversify.. and play good moves. But its ...

Domino's Price and order flow trading

with lots of potential sellside OF under it

Domino's Price and order flow trading

how to identify these areas? and how to note them for trading.. attached is chart of EJ right now on 15M building short orderflow. breakout yellow occurs stops go to low.. breakout occurs at yellow.. stops go to low.. breakout occurs at yellow.. ...

Domino's Price and order flow trading

orderflow on the EJ is a J short for building short side on the 15M which means if we are trading longer term we are building for a retrace in here..

Domino's Price and order flow trading

on daily. for AU look at the line on the daily chart above not the dashed.

Domino's Price and order flow trading

not as good OF gapped OF...

Domino's Price and order flow trading

EXample of good order flow. at SZ RZ.. compressed OF

Domino's Price and order flow trading

whats the most important aspect of taking these trades.. the focus on the pending orders floating above or below the levels that are close together and in high quantity... The noticability and high number of clusters in close proximity will produce ...

Domino's Price and order flow trading

RZ5E-swapped with break high failed low on daily.. AU

Domino's Price and order flow trading

So EJ at SZ6E no failed low high break yet.. expecting a retrace break high into heavy stops above..

Domino's Price and order flow trading