Debt auction today may be a market mover apparently.

Fundamentals du Jour

lol, I reckon you could be right!

Domino's Price and order flow trading

That's a good description and makes perfect sense when thought about logically.

Domino's Price and order flow trading

lol, funny post I think we've come about full circle since this post. Bottom line is I'll trade anything which has a probability of being profitable simply because it costs me very little to find out if I'm wrong and potentially it's a trade ...

Domino's Price and order flow trading

Not trying to be cryptic but I would say strategically. I don't have the monopoly on this stuff, in fact it was a few of Soros's comments which got me thinking about this stuff in the first place. There must be hundreds of different ways to ...

Domino's Price and order flow trading

Oh come on, there's more to it than simple pnl, you know that yourself.

Domino's Price and order flow trading

That's the point, they're not higher risk. The concept is an extremely simple one. When you're right then exploit the trade to the max, and when you're wrong limit your loss.

Domino's Price and order flow trading

hornet, with the greatest of respect because I believe you're a profitable trader, you're thinking in black and white rather than color. Fixed x% risk, entry, stop, target, plan the trade, trade the plan....but absolutely no flexibility to allow you ...

Domino's Price and order flow trading

Yep, I get your point, I guess that's the benefit of brokers like Oanda who offer flexible trade sizing, it's possible to trade with very accurate risk management regardless of account size.

Domino's Price and order flow trading

No obviously not, but I don't much care (although I would prefer they all were!) This is my theory about why the majority of traders fail, they spend too much time and effort looking for something which tells them where price is heading but not ...

Domino's Price and order flow trading

See and I think a different way. Exploit trades which are profitable by increasing exposure, and conversely reduce exposure when they're not. Trade every opportunity and adjust risk according to probability. Use (a percentage of) profit as risk ...

Domino's Price and order flow trading

Ok, so on either a large or small account an increase in trade size would increase risk (assuming everything else remains the same)? And presumably that rounding up/down only applies to fixed (minimum/incremental) trade size brõkers, and not say ...

Domino's Price and order flow trading

I would say it.....if I knew what it meant.

Domino's Price and order flow trading

It's ok to disagree, we're only tossing ideas around. I wouldn't say it comes out of fear of leaving money on the table, I would say it comes out of seeing a reasonable opportunity and exploiting it instead of letting it pass by. If anything not ...

Domino's Price and order flow trading

I'm not really into statistics, supply and demand imbalances, or order flow, but it would be interesting to see some statistical analysis of taking every opportunity using simple analysis and paying for a few losers, as opposed to being selective ...

Domino's Price and order flow trading

Nice to see some practical examples. Why not trade the breakout at (1) with a stop below that previous (white) bar's low? Looking at that chart there are around 4 other similar set-ups (depending on how microscopic you want to get with the swings), ...

Domino's Price and order flow trading

Thanks, I think other people may have questions about how orders are processed and executed which also seems to be a grey area.

Domino's Price and order flow trading

Hi DT, I've got a couple..... It's been suggested in this thread that banks and financial instutions are all on the same side and don't trade against each other but instead conspire together to target retail traders positions, is that correct? It's ...

Domino's Price and order flow trading

I'm no economist but personally I think it was all an over reaction anyway, as is usual in the markets. I guess Greece will fade into the background and other fundamentals will take centre stage. This latest move in Eur doesn't appear to be anything ...

Fundamentals du Jour

I expect the way markets are seeing the news will unfold during the week, but this from Bloomberg... April 12 (Bloomberg) -- The euro surged to the highest level in more than three weeks versus the dollar after European governments offered Greece a ...

Fundamentals du Jour