Trading the DOM - Trading Journals | futures.io
futures.io futures trading


Trading the DOM
Started: by JohniFx Views / Replies:2,327 / 38
Last Reply: Attachments:5

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.


You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Reply
 5  
 
Thread Tools Search this Thread
 

Trading the DOM

  #1 (permalink)
Trading for Fun
Hungary
 
Futures Experience: Beginner
Platform: Sierra
Favorite Futures: ES
 
Posts: 72 since Nov 2014
Thanks: 113 given, 46 received

Trading the DOM

DOM situations, configurations, structures, annotated charts. Whatever may come.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
The following 3 users say Thank You to JohniFx for this post:
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Risk--->0 $--->∞
Chicago, IL
 
Futures Experience: None
Platform: NinjaTrader, TWS, FXCM's
Broker/Data: InteractiveBrokers, NinjaTrader Brokerage FXCM, IQFeed
Favorite Futures: ZF, ZN, ZB, ES, FX pairs
 
Blash's Avatar
 
Posts: 1,211 since Nov 2011
Thanks: 3,221 given, 1,645 received
Forum Reputation: Legendary



JohniFx View Post
DOM situations, configurations, structures, annotated charts. Whatever may come.

Looking forward to your posts........

Ron

We must be like the fountain or spring that is continually emptying itself of all that it has and is continually being refilled from an invisible source

Quoting 
The steed of this Valley is patience; without patience the wayfarer on this journey will reach nowhere and attain no goal.

Buy Low And Sell High (read left to right or right to left....lol)
Reply With Quote
The following user says Thank You to Blash for this post:
 
  #4 (permalink)
Trading for Fun
Hungary
 
Futures Experience: Beginner
Platform: Sierra
Favorite Futures: ES
 
Posts: 72 since Nov 2014
Thanks: 113 given, 46 received

This is a typical situation I am seeking:

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Last edited by JohniFx; April 15th, 2016 at 03:44 PM. Reason: typo
Reply With Quote
The following 7 users say Thank You to JohniFx for this post:
 
  #5 (permalink)
Trading Apprentice
London United Kingdom
 
Futures Experience: Beginner
Platform: Tradestation Ninjatrader
Favorite Futures: Currency Futures
 
Posts: 6 since May 2016
Thanks: 6 given, 4 received

Ninjatrader7 Dom

Futures Edge on FIO
Just starting out on Ninja's Superdom on sim..Though have had a look at Jigsaws 3rd party add on which prints contracts hitting into the bids/offers for more depth though haven't purchased it yet..Probably most on here are way ahead of me in any case.The recommendation is to take a month or two just looking at the Dom.Bit of a wake call tbh..Thankfully only two years & not 10 to find out charts & indicators are a pretty good way to wipe out your account..Any advice is greatly appreciated as I may get a foot in on the 5% success club..If only I'd been an intern in the city and not a van driver...

Reply With Quote
The following 2 users say Thank You to hamster64 for this post:
 
  #6 (permalink)
Trading for Fun
Hungary
 
Futures Experience: Beginner
Platform: Sierra
Favorite Futures: ES
 
Posts: 72 since Nov 2014
Thanks: 113 given, 46 received


hamster64 View Post
Just starting out on Ninja's Superdom on sim..Though have had a look at Jigsaws 3rd party add on which prints contracts hitting into the bids/offers for more depth though haven't purchased it yet..Probably most on here are way ahead of me in any case.The recommendation is to take a month or two just looking at the Dom.Bit of a wake call tbh..Thankfully only two years & not 10 to find out charts & indicators are a pretty good way to wipe out your account..Any advice is greatly appreciated as I may get a foot in on the 5% success club..If only I'd been an intern in the city and not a van driver...

Hi,

you could give a try to either CQG sim or TT sim they both excellent. Jigsaw is a bit more advanced although the video's of the jigsaw frontman are must watch items.
Each facets of trading has its own rules and tricks: DOM, charts, psycho, MM, funda.. and each has some very good trainers but different learning curve. No single source of good education unfortunately and even the costs of education is highly different. To learn all this just by doing on your own at home... phhh am very sceptic about that.


cheers,
J.

Reply With Quote
The following 2 users say Thank You to JohniFx for this post:
 
  #7 (permalink)
Elite Member
Wiltshire, United Kingdom
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: Working on a TST combine
Favorite Futures: 6E
 
matthew28's Avatar
 
Posts: 204 since Sep 2013
Thanks: 151 given, 245 received


hamster64 View Post
Just starting out on Ninja's Superdom on sim..recommendation is to take a month or two just looking at the Dom.

If you are interested in trying to trade order flow off the DOM you will be better off just buying the Jigsaw product straight away. You are going to learn very little from looking at the Ninja DOM as IMO it is really only good for order entry. Trying to read the order flow on it is hindered by it not having split volume or volume profile and the low refresh rate for the data.
Also, if you are an Elite member here go to trading webinars/videos and look at 'Order Flow Scalping w/John Grady No BS Day Trading'. Or just go to his website and watch some of his videos.

Reply With Quote
The following 3 users say Thank You to matthew28 for this post:
 
  #8 (permalink)
Trading Apprentice
London United Kingdom
 
Futures Experience: Beginner
Platform: Tradestation Ninjatrader
Favorite Futures: Currency Futures
 
Posts: 6 since May 2016
Thanks: 6 given, 4 received

Jigsaw dom

Thanks Matthew..
Yes I purchased the programme for beginners on no BS trading & on recommendation will purchase it after having studied through the Intermediate course..The Ninjatrader Dom is not really beneficial as you say..Is there any correlation between the futures contracts trading (Dax or otherwise) on the DOM & say a Dax CFD or spreadbet ? I'm assuming they're ticking over with the same amounts on the futures platform unless I have it incorrect..

Reply With Quote
The following user says Thank You to hamster64 for this post:
 
  #9 (permalink)
Market Wizard
Columbus, OH
 
Futures Experience: None
Platform: NT 8, TOS
Favorite Futures: ES
 
Silvester17's Avatar
 
Posts: 3,245 since Aug 2009
Thanks: 4,472 given, 9,965 received
Forum Reputation: Legendary

just trading the dom (no charts) is not an easy task. takes a lot of experience imho.

what I like is information before a trade (dom) and information right after a trade (footprint chart). this should give you a pretty good idea what's going on right now. a great combo is from market delta:

Trader | MarketDelta - Powerful, Easy, Fast, & Free Futures Trading Platform

or if you want to go deep in details, the best product I can think of is auction dashboard:

Auction Dashboard? - Order Flow Trading Software there's also a review here: https://futures.io/vendors-product-reviews/34401-auction-dashboard.html

or like me, I put everything in one chart:

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



if interested:

- the footprint is from @gomi:

Home - Gomicators Website

- the bid/ask indicator is from here:

https://bitbucket.org/ninjatrader/level2/downloads

Reply With Quote
The following 7 users say Thank You to Silvester17 for this post:
 
  #10 (permalink)
Elite Member
Madrid - Spain
 
Futures Experience: Advanced
Platform: Ninja
Favorite Futures: ES
 
ignacio90's Avatar
 
Posts: 106 since Mar 2012
Thanks: 559 given, 129 received


Another option is:

HOME

It's in beta phase but looks a nice option to footprint chart traders

Reply With Quote
The following 3 users say Thank You to ignacio90 for this post:

Reply



futures.io > > > Trading the DOM

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)
 

Anthony Drager: Pulling the trigger with confidence

Elite only
 

Leo Murphy: The Art and Science of Technical Analysis

Elite only
 

FuturesTrader71: Ask Me Anything

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
PnL plotted next to the Trading DOM ..... mdsvtr ThinkOrSwim Programming 0 June 19th, 2015 03:03 PM
DOM vs trading from the chart? Trankuility Traders Hideout 8 November 13th, 2014 11:43 PM
Trading DOM Question and Resting Orders SpencerEng Traders Hideout 2 April 20th, 2014 12:37 PM
NinjaTrader Static DOM fees when trading CL Futures Rui S NinjaTrader 15 May 30th, 2012 01:48 PM
Price, Volume & the DOM - Live Trading Journal ZTR Elite Trading Journals 822 October 6th, 2010 03:19 PM


All times are GMT -4. The time now is 01:27 AM.

no new posts
Page generated 2017-01-24 in 0.12 seconds with 21 queries on phoenix via your IP 54.161.200.170