Ok so you dont recommend trading 1hr charts, not much to do there in terms of IRD I get it. Is that a candle pattern like DBHLC or DBLHC ?? There is one more break at 6250 as per line chart too. Edit: Candle chart (not sure if the consolidation at ...

Domino's Price and order flow trading

So you mean that even though trades might have been closed with the LH, LL appearing..there might be participants sticking to their original plan until the last one of their stops in taken out? I was always confused about the counting so that clears ...

Domino's Price and order flow trading

Great catch Benevolent. Resistance, IRD and high volume on down bars, good setup. Though I have a doubt in this: Shouldn't the count be C instead of F ?? I mean, doesn't the previous bounce off the R nullify the stop cluster count ? Edit: Looking at ...

Domino's Price and order flow trading

Ah! nothing just that I messed up the wave drawing giving me an impression that 4hr HH was higher than daily HH. Sorry for the confusion.

Domino's Price and order flow trading

Oops sorry my wave drawing was messed up , giving out this false assumption. Yes, it is a daily HH too. 100K views..woot!! A celebration is in order..

Domino's Price and order flow trading

Ok so even if I am following a LL , LH to enter short trades any HH will not change my short view/exit trade as till it is in the gapped zone? One more ques say we are long on Daily tailing SL on every HL. If we go lower on 4H we find another HL ...

Domino's Price and order flow trading

Domino still awaiting on your promises. Entered long on NU at the close on Friday (1pip + spread )

Domino's Price and order flow trading

Dint get you. Did you mean you are holding just to accumulate interest. If yes, you might have some interest accumulated only at the roll over at night, like at Oanda it happens at 1:30 am. Anyway, great call on the trade.

Domino's Price and order flow trading

I could be wrong but IRD doesnt hold much water at low tf's like 15 mins.

Domino's Price and order flow trading

Well domino you are quite back on your promises...some of them made over at the S&R thread too So I can enter on the long break ie at 0.7439 ? I need not worry about the impending death roll break on weekly?

Domino's Price and order flow trading

Xaron, you dint answer to my post: url Busy with trading, i get it. IMO, EU shorts will materialize next week. The markets are more focused on QE and how it will create a negative spread. But, I think next week we might see a downside...all owing ...

At the back of beyond...

Ok domino, been reading up on the support and resistance thread. Still half way there. Have some questions: 1. What is a death roll break? Referenced here: url 2. NZD/USD trade: This pair has been in range for quite some time. primarily caught in ...

Domino's Price and order flow trading

Will wait for the chart You looking at NZD/USD ? If yes, there is a gapped flow beneath. How will it effect the long with IRD?

Domino's Price and order flow trading

Yep, it takes a pyramid approach when prices moves in your direction. If it moves against well it depends on the trader, some stick to their guns and take more trades as price moves lower in their grid, some might hedge and some might just stand ...

Domino's Price and order flow trading

Domino , have to go with Deus on this one. Here is one point he dint take up. I have to disagree with the capital part. BWILC advocates a pyramid approach ie lesser size of capital as the price moves in your direction. This is in opposition to a ...

Domino's Price and order flow trading

Looked up DRIP, seems to be quite famous in Canada. Assuming you are canadian too Anyway, focusing on stocks with a dividend return and looking at their management, market growth etc.

Domino's Price and order flow trading

So you are saying the entry was much higher? Is it possible to see a chart on that? . 3-4 sounds good. How does gapped flow considered? As a stronger S/R ? H+ sounds too high, like the GBP/AUD one was only B, right ? I have to disagree. How would ...

Domino's Price and order flow trading

Domino, still looking forward to my post or skipping it? just kidding Not asking for a watch list reco...just a name in Indian market (emerging market ) to start of the list building. Though I have been reading Nomura's institutional research ...

Domino's Price and order flow trading

Frank , not to be speaking out of turn as the post is directed to Domino. Gapped order flow: url If you look at the chart in the diagram context, it might become clear. The wave / stop order count is towards the zone and not away from it. So, ...

Domino's Price and order flow trading

Oh Ok. Still new at this I have been watching the price ..looks hard pressed to move higher. Though Benevolent, the IRD is supposed to be looked into only at daily tf trading. When examining shorter tf trades IRD doesn't hold much relevance.

Domino's Price and order flow trading