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First of all, full disclosure, I am a commercial member since I run the website www.risksurfer.comwhich does advertise a service. However the purpose of this thread is not simply to promote myself. I am interested in participating in the community here, helping others as well as picking up a few new things myself, anyone who’s been trading for a while knows the learning never stops no matter how successful you become.
I have genuine reasons for selling a service which is fully explained on the website http://risksurfer.com/why-am-i-doing-this I hope you can spare the time to read it and see for yourself that I am different from many other vendors who are either straight up scammers or are failed traders who resort to ‘educating’ for a living
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My method uses a combination of Volume Profiling and Order flow analysis. I trade FUTURES only; this is because of the nature of the centralized exchanges and accurate data regarding prices and volume. Spreads are one tick and most of the markets I trade are thick enough to avoid and slippage even on news spikes. I stay away from thinner markets such as gold and crude oil.
I use 3 main charts for each market I watch: A 5-minute, a 120-minute, and a Daily. However the timeframe is completely irrelevant to the way I trade. I do not care about chart patterns, candlestick patterns or ‘hourly closes above x level” etc.
I also watch the market depth or DOM. I watch orders being executed at the bid and the ask to gauge how aggressive buyers and sellers are around specific levels. This is also known as ‘tape reading' and is something I’d like to talk about here at some point.
I use no oscillators or indicators apart from ‘cumulative delta’, which will be covered.
That’s it for the introduction. Next post will be showing what charts I look at