How Markets REALLY Work - Depth of Market (DOM)
2016 ж. 1 Қаң.
263 371 Рет қаралды
✅ Free webinar - elevate your trading using algorithmic strategies ➔ bit.ly/3oaqAsl
✅ My flagship programme (6 strategies, signals, support & community) ➔ bit.ly/3IRGcsi
----------------------------
Check out my video series:
➤ How Markets REALLY work: bit.ly/35wnKmU
➤ Supply and Demand Trading 101: bit.ly/3fbXlyW
➤ Do Trading Indicators Work?: bit.ly/2Sphms8
➤ How to Become a Consistently Profitable Trader: bit.ly/3d5B58f
➤ No Indicator Trading: bit.ly/3d6ZUAt
📢 BRAND NEW FREE WEBINAR Elevate your trading using systematic strategies & get a strategy that made 105% in 2020. Sign up for free today ➔ bit.ly/3oaqAsl
Can u make a vedioto connect depth of the market and open interest
The greatest video of market description I've ever see!
I second this
#MeToo
For sure
Well explained best video
Aswear
Man, no one has ever explain this better!! Great work!!!
I’ve watched dozens of trading videos prior to this one and could never understand what’s making the price move. However, something in my brain just clicked while watching your video and now it ALL makes sense. I’ve been under the impression that ALL market and limit orders had to be filled before the price moved. Thank you for making this video and simplifying how a price changes in the market.
DITTO.... I was thinking the EXACT same way! This video is a God sent!
Beautiful explanation not gonna lie. Now understand the market better than looking at plain charts and higher highs
for that reason saying " more sellers than buyers" or viceversa, is wrong... this is why this confusion comes from... it's better to say "sellers are more INTERESTED than buyers"
I was searching for this explanation my whole life! At last I got it! Thanks man!
Glad my videos helped, good luck in your trading
Finally, I understand. Been learning bookmap and couldn't quite figure it out. This is simply explained, tyvm! Now to figure out how price moves during after-hours, premarket.
...this one is a pure perfection of explaining price action...bravo again...
I've been looking for a simple, accurate description of how the price moves for weeks. Thank you!! So if you want to move the price up and break the sell walls you need lots of market orders.
Sweet. Thanks for the confirmation. I was rattling me brain over this, but you just helped me clear it up. I always looked at the DOM in completely the opposite way - watching the sell barriers and expecting the price to move down when they were gobbled up.
Outstanding explanation - well done!
This was an awesome explanation. Nowhere else had I seen such an explanation.
One of the most amazing, coherently explained, and crucial information of how market price move videos I’ve seen!
Everyone must start their trading.career with this video . Brilliant!!! Thank you so much.
Thank you. Looking at Level 2 I knew what the bid and ask 'was' but didn't know how they got created. I thought it was limit orders. Your video confirms. Very much appreciated.
This is phenomenal I've looked all over and this detail is what I was looking for
didnt understand the matching of passive and agressive traders. great explanation. brilliant.
Can't get any better than this....THANK YOU! Really explained the risk of using market orders, and how the "Last Price" is just that...the last traded price.
By far the clearest explanation I've seen on KZhead! Great video
I really appreciate your video helped me to feel the mechanism of the DOM in a better way. Well done!
I have watched so many videos...but this one was the perfect one for understanding how the candles stik move up or move down .. Thank you for this great explanation.❤❤
Amazing !!!! I've never seen a video explaining market depth in such a simple manner I never really understood market depth up until now since i am a newbie and i am trying to learn, thank you for posting such a great video.
This is the best, the clearest explanation I've seen. I now have an actual, proper understanding of the order book! Thank you for this
Now that you know how the order book works the main question is how will you make money from it? The order book moves so fast
this is an amazing explanation!! Thank you!
Fantastically explained! Thank you for sharing your knowledge about the DOM. I appreciate you.
The best video on instantaneous price change in exchange due to market depth I have ever seen... Nicely Explained... Keep up the good work
Thanks for the feedback Arun!
Outstanding job ! Really helpfull thanks !!!!
Absolutely great video! Explains it very well. Best video I have seen on KZhead for any novice or little experienced trader. Thanks 🙏
Love the video man! Had a question, what are the other tools to see active order flow?
Best Video on how price action is working i've ever seen!!!🔥💪🏼
Forex is a very serious business thank you so much! i always thought "i only just need a strategy" not knowing that there's more to it than strategy, the fundamental aspects behind the scenes of the movement has just became the most progressive realization. Thank you so much for the clarity
Really great video! Although pricing mechanism is such a foundational topic but many people can’t provide insights of it in detail. Your video went through every single aspects of how price moves in different situations and it was like I stumped into a goldmine. Simple yet detailed. Thank you!
Thanks very much your appreciation!
finally someone explain this in real words to clarify this point, thanks
Finally this explained it! thanks! Great work!
Amazing video, I think I finally understand. Thank you.
Bro explain it like a pro definitely recommend it for beginners who wants to learn how the market works👍👍
GLORIOUS, man, GLORIOUS!!! Pity it's unlikely for you to read this comment, but let me tell you: I didn't understand how the price moves until now. GLORIOUS!!! Thank you!!! Greetings from Mendoza, Argentina!!!
I was always confused that if for every buyer there is a seller and vice versa then what decides the direction of the price. This made it very clear. Great video! 💯💯💯
The irony: Someone whose first language isn't english, explains the auction theory perfectly to english speakers. Thanks for this very very clear explanation. i understand the auction theory perfectly now!!
Very thorough explanation. Thanks.
Thank you. That was great explaination.
What a terrific explanation of the DOM... thank you for clearing the whole concept up!
Circling this subject from like a ten foot pole far just this morning I wondered what exactly slippage was. And here it is.
No bull crap and promoting his only fans. Just knowledge. I salute you sir
Clear and very detailed explanation. Thanks a lot!
Awesome bro..was banging my head to understand the price movement... crystal clear now.
Thanks!
sir this is very helpful for me. great briefing. tick by tick. thanks sir
first of all, this was the best video I have seen that explains the fundamentals of how market works. my question is: what happens if a seller sends a sell limit order and there is a buyer at that price in the order book? does that also moves the price ?
Best explanation I have ever seen! this deserves more views! Keep it up thank you Sir
+Ka Wai Michael Cheung thanks for your support, appreciate it.
I spent 4 hours on youtube to understand this fundamental. Your video was the one I got all my answers. I wish I saw this earlier and could save 4 hours. Thank you. Liked and subscribed.
Thank you, always glad to hear that my videos helped people!
This video explained everything well. I love your channel!
Thank you. What does a matching engine do if a buy market order and sell market order both arrive but there are no guiding limit orders in the book? Does the exchange happen between the market orders at the most recent exchange price?
Excellent information .... World Class at its finest . Thanks and God bless you with all the wealth and opportunities !
Simply amazing! This video was the missing puzzle for me! Thank you so much!!!
Thanks for the feedback, glad that my video helped you!
I have spent many months on searching a content like this ..finally youtube algo recommended it to me..
Excellent video, thank you so much!
Wow! This is such valuable knowledge. Finally understood why price moves, at times quite rapidly and at other times just sits there. Understood slippage as well as price gaps, at last. Great job, David. Thank you kindly.
Great to hear that, glad I helped
I’ve been trading for three years and never seen this explained so clearly. Thank you.
The clarification brought by this video is beyond impressive!
thank you, you put it to the point. simple as that. best video for any aspiring trader.
Excellent video and easy to understand, thank You
OMG!! I've been looking for an explanation and video like this for years and finally!! your channel found me, it must have been the universe rewarding me for my perseverance. Thank you for posting this vital video. It is a must watch for everyone that is trading any market.
Been looking for this video for ages glad I finally found it again
Great video with in-depth explanation. I just have one question, let's say someone puts a stop order, what stops the exchange from executing that order. Let's say at 3:58 someone puts a sell stop order @97 for 2 units, why doesn't the exchange executes that order since thats a much better price for buyers to buy at and there is a seller willing to sell at that price too or a buy stop order @100 for 3 units, you still get your matching bid and ask in this case too.
One of the best videos explaining this. One question I still have is if I use market order to buy and there’s a 1 unit limit at higher and lower price. Which price would it go to then? Up or down?
Hi Dee, in that case it would simply go to higher price as that's where it would find the limit to be paired with
Great video thanks! Could you please describe from programming point of view what exactly happens. I mean, if people are trading they should all be sure that the soft (the algorithm) will not malfunction. Who ensures that? Who writes the algorithm? Who owns it and why?
beautiful explanation..thank you so much!
Brilliant and clear video. Thank you so much!!
Glad it helped!
What a great knowledge you have... fantastic presentation. Thank you
Thank you!
bought this guys course, I figured if his free content was this good his paid stuff would be impressive, im halfway through it, already applying some of the techniques. I scalp options so its a little different from what he teaches, but the way he uses volume profile is so far better than any indicator weve been lead to believe is good, go buy the course.
Hey Jeramy - very delighted to hear that! I will be in touch soon with you to see how you're progressing!
To the point and crystal clear, excellent explanation.
Thanks!
what happens when i place a buy stop order for 3 contracts at 103 @ 10:09 in the video? would the price then move up to 103 straight away as a turnover happens?
Great explanation.
This is a great explanation vid. Thnx.
this was amazingly informative and clear. you just gained a subscriber
What about price suppression or support? Putting big sell q on top to prevent it from going up, or big buys at a lower level to create a support
Covered very well.
Outstanding explanation! Bravo!
sir for amost half year I was searching for a video to understand bid ask and excution of contracts .you explain soooooo easily .i thanku by heart .i would like req make all ur videos for indians too . you may dub in such english pronounciation which could easily be understood by indians.
Took me a while but I got it in the end. Well explained thank you!
this is a great breakdown. Very well explained. Thank you.
which one is more important to predict a mover. watching the bid activity or watching the asking activity because i thought watching the bid mean i can add to the bid with the most volume causing more movement that may over take the market BUT i notice that based on you after that volume for that bid price is all bought out the price might drop instead of moving up
This video provided great clarity for me. Thank you
Cristal clear explanation!
Finally got the answer to my question! I can't believe no one ever taught me that!
Thank you. Great explanation
Amazing! Thanks a lot, Bro!!!
What about stop losses and take profit orders, do they figure among bid and ask limit orders columns ? Thanks for the explanation.
Take Profit orders are limit orders, so they go on the order book just like any other limit order. Stop orders on the other hand, are triggered when price hits their trigger price. When that happens, they turn into market orders, and affect the market just like any other market order as shown in the video.
Very clear. Nice work
excellent video - very clear and helpful explanation why price moves
Thanks, appreciated!
I was looking for this video for years. More videos like this please
Simply great explanation
Thanks for your clear explanation
One doubt. The first available offer is based on the time that sell limit order placed or its asking price ie minimum in selling depth?
Wow... this was an eye opener.. Thanks
This video is what I needed... the missing piece to the puzzle of trading at a high level
As a very "green" trader, I found your video VERY easy to understand. Thank you for this great explanation, on how DoM actually works !
Amazing video!! Best level 2 video by far
Thanks, glad you liked it
Excellent presentation
Thanks Very Much, Great Teaching, Been Searching For This For A While...
Codwell Rungano thanks. Glad it helped
It Definitely Has Helped, Great Stuff, I Was Particularly Wondering How The Marubozu Candle Is Formed. Just Downloaded Your E-Book...