heres what weve been waiting for

EURUSD

institutional non-program imbalance statements are what they are called. so what eventtrading is saying ..correct me if im wrong event is that limit orders including all the different types.. supply liquidity to the market.. liquidity is simply the ...

Domino's Price and order flow trading

generally ECN brokers or better brokers will offer the orderbook.

Domino's Price and order flow trading

I like your way of thinking but they do have this special information... that we dont all we can get is the order book. but yes youve pretty much nailed it.

Domino's Price and order flow trading

actually your idea of market mechanics is wrong here is a paper done by the IMF that discusses dealer and dealer MM and unified market structure.. a ton of other stuff that im not going to get into.. I just wanted to share a very easy to understand ...

Domino's Price and order flow trading

primer on auction and dealer markets from the NASDAQ on front page as a primer to what I wrote. url

Domino's Price and order flow trading

in a dealer market we see tight prices and feel like buyside is where orders will breakout. we approach the market and say sir Id like to buy 10M as a market order eur/usd because I feel price will appreciate.. the dealer says ok I can transact 10M ...

Domino's Price and order flow trading

so why is understanding how these guys work important.. well if you read darkstars great explaination of the tier structure you notice how it all connects and how these orders are pushing to the market.. Knowing how these order types are configured ...

Domino's Price and order flow trading

Most markets are made of a dealer setup but interact with hybrid auction/dealer markets that is large also. Participant brokers and traders can be made of dealer setups, dealer MM setups, auction setups, and more modern styles. dealer type setups ...

Domino's Price and order flow trading

well in a non-MM based dealers inventory would be listed on the institutional orderbook as a limit order.. and this is how they supply liquidity to the market. since its large limits and orders above price will fluctuate to the price and will be ...

Domino's Price and order flow trading

Auction Market Auction markets absorb and exchange orders only with the use of rate adjustments, and do not absorb with their inventory like dealer markets. This style does not occur as a strict auction only market very often but some banks still do ...

Domino's Price and order flow trading

In a multiple dealer market some maybe regular dealers and some may be dealers also acting like market makers. They interact with each other and can sell directly to each other or go through the dealer market.

Domino's Price and order flow trading

now some dealers can become Marker Makers as well, they set two-way exchange rates at which they are willing to deal with other dealers(broker-dealers), with a spread that includes the competition. The spread also is priced to pay for the risks of ...

Domino's Price and order flow trading

seems like a good one.. but seems to be missing decentralized markets and fx markets and processing systems at types im assuming he stopped cause this was a write in 2002 but all system dramatically changed since then .. the rest seems good.

Domino's Price and order flow trading

url Id read this to guys if you havent already

Domino's Price and order flow trading

haha looks like I found a new avatar lol.. yeah it is .. I like to hunt for places orders will cascade.

Domino's Price and order flow trading

Dealer markets in dealer markets traders use there inventories to buy or sell and absorb the order flow with there inventories to make balance as well as shifting the actual exchange rate. So lets talk about if an order is placed in a dealer market. ...

Domino's Price and order flow trading

illegalized parallels- exhist to make there own prices and avoid government manipulation of exchanges rates through regulation. The are illegal but are still around. If countries do not allow exchange trading to people with less than X those clients ...

Domino's Price and order flow trading

So lets talk about structure... Since FX trading is global do we discuss only one type of market structure that in america? or madagascar? or what country or do we understand how they each work individually to figure out how the interact with price? ...

Domino's Price and order flow trading

heh you guys got it..

Domino's Price and order flow trading