Es Dom

nice post

 

increasenow, i agree with your take on reading the DOM.
Plus the way that thing just slivers up n down like a caterpillar on crystal meth...it plays with my mind....makes me nervous for some reason. I stopped using it, and now just concentrate on price, volume, mult time frame charts(put in orders from chart too), and so now I trade in a more calm mental state with much less emotion. NO DOM FOR ME...

PS ...... still gotta take my Lexapro anti anxiety pill though...

 

the way for dom reading is to know balance side and imbalance side

 

This is how Dom works

 

Also remember that there's a lot of iseberg orders, so you'll never know the complete picture

 

Very cool Mr Black, was always wanting to see what people had done with that build your own order book thing the ninja guys posted. looks interesting. Nice explanation in the other graphics too.

Just add to add, if your just starting with the tape/dom start with YM instead of ES.

 

Complete Dom stuff

 

if i trade 2 contracts a day, should i send my order as iceberg and what will it show??

do you know if $6 a round-turn is cheap?

 

Yeah, but what if you trade 500 lots at a time as an institution?

 

this is it....