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January 08, 2010

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Ryan

Nice post trembling; informative and a little humorous as always :)

Just regarding "my normal entry style of taking opposite positions to DOM movements. "

Can you elaborate a little on this?

Is your entry based on doing the opposite of what the DOM shows? So if you see a huge amount of bids and only a few offers, you'll in fact go short?

And if the Bears are out numbering the bulls you'll go long?

Obviously there's a bit more to it than that...

THT

Ryan. What is sitting in the DOM is of very little interest to me. What I'm interested in is what side is hitting @ market and what side is refreshing orders. My comment is about taking entries against the last movement, having someone else pay the spread for my entry.

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