I just found this e-book that explains what traders are supposed to be paying attention to on the DOM when trading. The book describes very well in easy to understand language what prop traders and heavy/institutional/wealthy type traders do during the day when they move price around. It was a real eye opener for me, and put a lot of missing pieces of the puzzle together for me. It shows me how to use the DOM together with volume to base a lot of my trading decisions from.

I am also learning market profile and wish I had learned that 10 years ago too. A lot of traders base their trading decisions on MP with the DOM.

If you just have a good concept of support and resistance areas and chart patterns; wait for a chart pattern to appear on a tick chart for instance; and then watch for a breakout of that wedge or triangle or trend line; and then watch for volume and the DOM. If you are buying the breakout; then you want to see the offers diminish as the bids move up to take over the offers as volume increases. If you are shorting the breakout; then you want to see the bids diminish as the offers hit the bids and volume increases.

Read the e-book. It is a very quick and easy to understand book; and again, it finally helped me understand the game much better.

I have been told over and over again - the money is made in the outer ranges. Just stay out of the middle ranges/chop. Easier said than done. Right.

https://protradefutures.com/wp-content/uploads/2011/09/Trading-with-depth-of-market.pdf

https://protradefutures.com/wp-content/uploads/2011/09/Trading-with-depth-of-market.pdf
I cant found this ebook has anibody this ebook or similar think?
Pd. sorry for my english

You are responding to a thread that is over 6 years old and that document is 9+ years old. I doubt it is still available but you never know!

Hi im learning now how to use the smart dom.
I already learn the basics but i dont know how to trade with the dom. for example i see the dom and i dont know where are going to go the price observing the orders.
Thank you to all the users
PD: sorry for my english , im spanish
I dont know how to make a new thread

Roberto,skraadiing

I use this. https://www.jigsawtrading.com/ It is basically an advanced copy of software which is used by a lot of professional traders on Wall Street. Here are some videos of it in action...[yt]https://www.youtube.com/channel/UCEHjJdrOFvgPbmKLECrTqiw[/yt]