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Tape is my shape (tape reading, time and sales)


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Tape is my shape (tape reading, time and sales)

  #1221 (permalink)
 johnwooly 
Darlington England
 
Experience: Beginner
Platform: TradeStation
Trading: ES
Posts: 31 since Sep 2014
Thanks Given: 11
Thanks Received: 4

@bloom I notice you are using tick charts ... I use range bars, would you recommend tick over range or does it not matter as long as it isn't time based?


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  #1222 (permalink)
bloom
Russia
 
Posts: 473 since Apr 2011
Thanks Given: 47
Thanks Received: 591


johnwooly View Post
@bloom I notice you are using tick charts ... I use range bars, would you recommend tick over range or does it not matter as long as it isn't time based?


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I do recomend tick other range and also tick-range bar charts.
This is my personal preferations, though in my opinion they are better
As you know now - everything very individual
Build your own way to Trade))) you know what i mean)))
And show your results to community. Be gratefull

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  #1223 (permalink)
canunit
Buchach and Ternopol state
 
Posts: 63 since Sep 2016
Thanks Given: 5
Thanks Received: 3


Nobody wants to share charts with their results. So Bloom, you also don't need to share information. All people are greedy to much to give any useful information for free. So why you do it?

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  #1224 (permalink)
bloom
Russia
 
Posts: 473 since Apr 2011
Thanks Given: 47
Thanks Received: 591


canunit View Post
Nobody wants to share charts with their results. So Bloom, you also don't need to share information. All people are greedy to much to give any useful information for free. So why you do it?

Heheehehehe ))))
Because the best way of learning is to teach and explain to the others. As i am explaining something to you or to others at the same moment my understanding flies through the sky ))))
Peoples generous - if they take something they always give something more valuable )))
You just need to apreciate this
Just start to share and you will see returns immideatly and do not complane about the others it is their right to stay with what they have in a world changing faster and faster )))

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  #1225 (permalink)
 jakejake 
Toronto Canada
 
Experience: Beginner
Platform: Sierra Charts
Trading: ES
Posts: 62 since Jan 2015
Thanks Given: 72
Thanks Received: 55


bloom View Post
Ok. I see you need a directions on this.
Comparsion Offer VS Bids + Key situation or Level = Result
Offer Vs Bids always appear as patterns. If you have records revatch now in this work frame. Observations keep to yourself and DM me on twitter.
This for everyone. Everyone can do this. But i begging you - do the work before mail me. I do not like lazy assholes

Tried to DM you but apparently you need to be following me first. I'm Jaketrading

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  #1226 (permalink)
 johnwooly 
Darlington England
 
Experience: Beginner
Platform: TradeStation
Trading: ES
Posts: 31 since Sep 2014
Thanks Given: 11
Thanks Received: 4

I think it's time to start from what the market actually is.

The market is an auction where there are buyers and sellers. Some are happy to transact at the current price and some want a better price so the place orders.

The market moves when there is an imbalance between the buyers and sellers. If we have more players willing to buy at the current price offered then they will consume all the sellers at that level and price moves up to the next tick. For a decrease in price the opposite is true.

What we must note is that for every contract that is bought there is a seller of equal size and vice versa.

Trading is simply reading the flow of orders and behaviour of traders to enter into a trade that is more probable of moving in the direction they have placed their trade.

However there are many nuances, we have large traders who control the market and due to the size of their trades they have to play games to get filled.

It appears that it's our job to find these traders and work out the games they are playing.


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  #1227 (permalink)
bloom
Russia
 
Posts: 473 since Apr 2011
Thanks Given: 47
Thanks Received: 591


johnwooly View Post
I think it's time to start from what the market actually is.

The market is an auction where there are buyers and sellers. Some are happy to transact at the current price and some want a better price so the place orders.

The market moves when there is an imbalance between the buyers and sellers. If we have more players willing to buy at the current price offered then they will consume all the sellers at that level and price moves up to the next tick. For a decrease in price the opposite is true.

What we must note is that for every contract that is bought there is a seller of equal size and vice versa.

Trading is simply reading the flow of orders and behaviour of traders to enter into a trade that is more probable of moving in the direction they have placed their trade.

However there are many nuances, we have large traders who control the market and due to the size of their trades they have to play games to get filled.

It appears that it's our job to find these traders and work out the games they are playing.


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The better part is they play games to get filled. You just ruined their legendary gods status.
Appears they dependent on the retail traders. Oh no. You just ruined my lovely myth they are gods ehich cannot be harmed.
No one to blame that i m asshole now

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  #1228 (permalink)
 johnwooly 
Darlington England
 
Experience: Beginner
Platform: TradeStation
Trading: ES
Posts: 31 since Sep 2014
Thanks Given: 11
Thanks Received: 4

The pros are master manipulators


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  #1229 (permalink)
bloom
Russia
 
Posts: 473 since Apr 2011
Thanks Given: 47
Thanks Received: 591


johnwooly View Post
The pros are master manipulators


Sent from my iPhone using futures.io

As my teacher taught me - for every profi there is another one
This is why they play games not only with crowd and most with each other))))

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  #1230 (permalink)
 johnwooly 
Darlington England
 
Experience: Beginner
Platform: TradeStation
Trading: ES
Posts: 31 since Sep 2014
Thanks Given: 11
Thanks Received: 4


You had a teacher .... he must have been a master Jedi


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