Depth of Market (DOM)

Discussion in 'Trading' started by qtip, Feb 11, 2004.

  1. qtip

    qtip

    Hello all:

    I have read some great posts regarding the DOM from the likes of Scientists and Jack Hershey, but I was wondering if anyone knows of any resources to learn more. I have been using the DOM with the Naz e-mini for entry points. Basically, I go for 2.5 points with a 1 point risk. Once I get a %k divergence, I use the DOM to watch the contracts clear out and excute with the momentum.

    EX. buy divergence, wait for net bar and also wait for the ask to clear out then execute.

    I know this kind of goes against Scientist thoughts of going with the side of larger contracts, but it has worked for me.

    Thanks for reading!

    qtip