Market Depth patterns
- Thread starter rhay
- Start date
Great, looks like there are some guys trading of the DOM:
Also, I find it quite interesting that there are so many different point of views.
For example, i completely disagree with Jack, because I do not need any visualisation and I don´t wanna have that.
In my opinion trading of the DOM can be compared to Poker:
You bet on someones mistakes (entry). If you are right, you catch the pot. If you are wrong, you fold and wait for the next hand.
there is no way to see, what others are doing untill the showdown, no matter how you visualize it. You get the edge by playing only the best hands, not by an information advantage.
Of course, you increase your edge by using proper position sizing
@boybrutus:
you posted a very interesting setup you should think about:
the "fake bid" appeared WHERE?
--> it appeared at the test of a recent High/resistance area of both markets
so it look like someone tried to push through the highs without success--> there are no buyers here because everyone is long trying to get out @even
Which side is most vulnerable?
the downside of course
Also, I find it quite interesting that there are so many different point of views.
For example, i completely disagree with Jack, because I do not need any visualisation and I don´t wanna have that.
In my opinion trading of the DOM can be compared to Poker:
You bet on someones mistakes (entry). If you are right, you catch the pot. If you are wrong, you fold and wait for the next hand.
there is no way to see, what others are doing untill the showdown, no matter how you visualize it. You get the edge by playing only the best hands, not by an information advantage.
Of course, you increase your edge by using proper position sizing
@boybrutus:
you posted a very interesting setup you should think about:
the "fake bid" appeared WHERE?
--> it appeared at the test of a recent High/resistance area of both markets
so it look like someone tried to push through the highs without success--> there are no buyers here because everyone is long trying to get out @even
Which side is most vulnerable?
the downside of course