Orderflow Scalping & DOM Trading
Today I wanted to give a brief overview about risk and reward with one of my favourite setups. I love it when price runs through the highs or the lows. There's a few reasons why I like it, but the main one is that it gives us a great risk / … [Continue reading]
Most traders are familiar with the concept of support and resistance. Some of the most common trading patterns are based around the idea of trading breakouts of support and resistance or trading ranges between the two levels. Today I wanted to … [Continue reading]
As a professional trader, I like to trade the market open predominately as there's the most volume and therefore the most opportunity. However as we head into the close, at certain times there can be some nice easy trades. Sometimes larger … [Continue reading]
When a market is actually closed before the open then there is the chance to look for a gap and the potential for that gap to close. This gives us a trading opportunity. In the era of 24 hour electronic markets, this isn't going to work with … [Continue reading]
You might know it as the depth of market, the DOM, the order flow, the order book, the tape, or just the book – but it’s all the same thing. The DOM is just a way of showing all the buyers and sellers and their respective limit orders ready to be … [Continue reading]