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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)

  #1261 (permalink)
 sierikas 
Vilnius, Lithuania
 
Experience: Intermediate
Platform: NT7, MD
Broker: Mirus Futures, AMP Futures
Trading: 6E, NQ, YM, ES
Posts: 21 since Apr 2012
Thanks Given: 1
Thanks Received: 7

target 2 162.52 FGBL ....they did it

i long ES 2578

target 2585

ES b.e.

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  #1262 (permalink)
bloom
Russia
 
Posts: 473 since Apr 2011
Thanks Given: 47
Thanks Received: 591


sierikas View Post
target 2 162.52 FGBL ....they did it

i long ES 2578

target 2585

ES b.e.

Thank you. Havent been here. I see you posting your trades. Keep doing this. In exchange i will provide feadback))))
Screenshots and WHAT do YOU see please. I need to know your way of thinking
If you ever need my feedbakc at all ))) i have a suggestions ))))

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  #1263 (permalink)
 sierikas 
Vilnius, Lithuania
 
Experience: Intermediate
Platform: NT7, MD
Broker: Mirus Futures, AMP Futures
Trading: 6E, NQ, YM, ES
Posts: 21 since Apr 2012
Thanks Given: 1
Thanks Received: 7


Thanks.
I`ll post intresting setup but not often...
and i expect other traders will do it.

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  #1264 (permalink)
uzmk
Russia
 
Posts: 5 since Jul 2013
Thanks Given: 3
Thanks Received: 1

Hi everybody/ ПРИВЕТ
I have been trading with tape for 3 years. fRTS moex.
Look at the picture.This is my approach. Please tell me where I am wrong



the price moved down to point 1. There were transactions (BLO) and the price jumped up. At point 2, the seller (SLO) appeared. I view these two levels as a range and then observe the tests (I estimate the strength of buyers / sellers at these levels). Point 3 test the seller, there is no gains in purchases, rebounded down. Point 4 is an aggressive buy, 4 'test, there is no interest in falling, increasing purchases and up (you can long before the high band). Point 5 is a new high, let's see whether it will be possible to gain a foothold above. Point 6 increased volumes and I would go to Long. But on the daily chart, the trend is down. I missed the deal and rightly, there was no growth in volume 7. A false breakthrough. Appears bid, 8, shorts

Sorry for my English
__________________________________
цена двигалась вниз до точки 1. Появились транзакции (BLO) и цена отскочила вверх. В точке 2 появился продавец (SLO). Я рассматриваю 2 этих уровня как диапазон и далее наблюдаю тесты (оцениваю силу покупателей/продавцов на этих уровнях). Точка 3 тест продавца, нет усиления покупок, отскочили вниз. Точка 4 агрессивная покупка, 4' тест, нет интереса падать, усиление покупок и вверх (можно лонг до хая диапазона). Точка 5 новый хай, смотрим смогут ли закрепиться выше. Точка 6 возросли объемы и я бы пошел в лонг.Но на дневном графике тренд вниз. Пропустил сделкку и правильно, роста объема не произошло 7 . Ложный прорыв. Появляется бид, 8, шорт

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  #1265 (permalink)
uzmk
Russia
 
Posts: 5 since Jul 2013
Thanks Given: 3
Thanks Received: 1

Sorry, I forgot to give an explanation for the schedule.
This is a graphic display of the tape. Red figures are bid, green asks. The size of the figures, depending on the size of the prints. Lines around the price is the history of limit orders

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  #1266 (permalink)
bloom
Russia
 
Posts: 473 since Apr 2011
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uzmk View Post
Hi everybody/ ПРИВЕТ
the price moved down to point 1. There were transactions (BLO) and the price jumped up.

For instance this is correct. Few questions. Who were filling the BLO? The reason the price went up after they enter?


uzmk View Post
At point 2, the seller (SLO) appeared. I view these two levels as a range and then observe the tests (I estimate the strength of buyers / sellers at these levels).

Why do you view those two levels as range? Does market participants too see this range or it is only you? From this point you starting to follow in a mind trap


uzmk View Post
Point 3 test the seller, there is no gains in purchases, rebounded down.

Misstake. There is always sellers and buyer. You need to learn to think in a transactions terms.
Misstake - No one tests the sellers at the higher prices. At the tops always tested the buying pressure.


uzmk View Post
Point 4 is an aggressive buy,

Misstake (you continue to follow mind trap and self hypnotizing yourself in to believe about how market moves)
Why do you not concider TEST OF LOW? As you can see there repeatable pattern. Someone sell to the low/after this price goes up.
Why? Who are selling and why price goes up after?
Aggressive buy possible ONLY to the LARGE OFFER. Why do you not mention it? Why this offer was filled and who were filling it?


uzmk View Post
4 'test, there is no interest in falling, increasing purchases and up (you can long before the high band).

How do you know that there is not interest in falling? NO ANY PROFESSIONAL KNOW WHERE MARKET WILL GO
Throw out this prediction bullshit and load instead REACTION THINGS.
Thinking in terms of REACTION answer -WHY THERE IS NO SELLING PRESSURE?


uzmk View Post
Point 5 is a new high, let's see whether it will be possible to gain a foothold above.

TADAM. The answer follows. After retesting LOW of the day and LURE SHORTS in to the sell NO ONE INTERESTED TO SELL WITHOUT CONVICTION.
They interested in running a stops of shorts ABOVE HIGH to test the buyer pressure and to lure BUYER BRAKERS to stop em later.
You can lure buyers only than there is an ACTIVITY (which is HOD breakout).
Also this is a BLOCKING stage. See how price retreats and no one apply selling pressure?


uzmk View Post
Point 6 increased volumes and I would go to Long. But on the daily chart, the trend is down. I missed the deal and rightly, there was no growth in volume

You already in a clowds of rigid believes. You stuned and can't do anything while price driven higher to
squeze a lemon juice stops of trapped at the point 1 and 4 short sellers


uzmk View Post
7. A false breakthrough. Appears bid,

Bullshit. At the moment brakeout happens NO ONE KNOW is this false of true. You once again trying to predict
INSTEAD think of this as REACTION.
And thinking in reaction terms TRY TO ANSWER WHY PRICE FALLS AFTER BREAKOUT?
Moreover it continue to fall in a matter of a few reasons and ONLY ONE of them is TRAPPED BUYERS who covering man ))))



uzmk View Post
8, shorts

Misstake. Tthis is NOT SHORTS ONLY. Shorts will be at the low of the day.

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  #1267 (permalink)
 sierikas 
Vilnius, Lithuania
 
Experience: Intermediate
Platform: NT7, MD
Broker: Mirus Futures, AMP Futures
Trading: 6E, NQ, YM, ES
Posts: 21 since Apr 2012
Thanks Given: 1
Thanks Received: 7


uzmk View Post
Hi everybody/ ПРИВЕТ
... Please tell me where I am wrong

... But on the daily chart, the trend is down.... 7. A false breakthrough. Appears bid, 8, shorts

Trend down. you short. all right.

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  #1268 (permalink)
uzmk
Russia
 
Posts: 5 since Jul 2013
Thanks Given: 3
Thanks Received: 1

Thank you Bloom for your answer. IMHO:
1. Who were filling the BLO?... The reason the price went up after they enter?...
1.1.Sellers.
1.2 The reaction was up, after returning to prints there was no selling pressure. exhaustion.
2.Why do you view those two levels as range?... Does market participants too see this range ...
2.1. I agree. I'm trapped, this is the reason I'm here))).
2.2 It looks like a range. I view the current peaks and valleys and evaluate the response to them.
3. There is always sellers and buyer...At the tops always tested the buying pressure.
3.1. It's clear. My mistake in terminology. I had the mind that the direction was still down. This is the exhaustion of the buyer. No transactions.
3.2 This is a valuable thought, thank you
4. Why do you not concider TEST OF LOW?... Who are selling and why price goes up after?.... Why this offer was filled and who were filling it?...
4.1 I concentrate on small scales. I look at the previous extremum and the reaction. Yes it is test of low
4.2 breakdowns players?
4.3 big ask is stoplosses?
5.How do you know that there is not interest in falling?.... WHY THERE IS NO SELLING PRESSURE?
5.1 Reaction. It is exhaustion by the way down
5.2 Small volume of trasaction
6. TADAM...You already in a clowds of rigid believes...
6.1 Thank you for your answer.Puzzles begin to form in my head
7. NO ONE KNOW is this false of true...
7.1 I agree. there are no volumes at the top, exhaustion. On the move down there are volumes. Transactions are more below, there is interest in prices below.
Additionally, green lines are large bidys, flipping.

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  #1269 (permalink)
bloom
Russia
 
Posts: 473 since Apr 2011
Thanks Given: 47
Thanks Received: 591


uzmk View Post
Thank you Bloom for your answer. IMHO:

1. Who were filling the BLO?... The reason the price went up after they enter?...
1.1.Sellers.Yes
1.2 The reaction was up, after returning to prints there was no selling pressure. exhaustion. No

3. There is always sellers and buyer...At the tops always tested the buying pressure.
3.1. It's clear. My mistake in terminology. Yes.
I had the mind that the direction was still down. No
This is the exhaustion of the buyer. No
No transactions. Ok
3.2 This is a valuable thought, thank you. It is not.
4. Why do you not concider TEST OF LOW?... Who are selling and why price goes up after?.... Why this offer was filled and who were filling it?...
4.1 I concentrate on small scales. I look at the previous extremum and the reaction. Yes it is test of low
4.2 breakdowns players? Yes
4.3 big ask is stoplosses? Not only
5.How do you know that there is not interest in falling?.... WHY THERE IS NO SELLING PRESSURE?
5.1 Reaction. It is exhaustion by the way down. No.
5.2 Small volume of trasaction. And what? Right after tht moment may happen huge volume
6. TADAM...You already in a clowds of rigid believes...
6.1 Thank you for your answer.Puzzles begin to form in my head. You do not know this to judge
7. NO ONE KNOW is this false of true...
7.1 I agree. there are no volumes at the top, exhaustion. No.
On the move down there are volumes. Yes.
Transactions are more below, there is interest in prices below. Yes.
Additionally, green lines are large bidys, flipping.

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  #1270 (permalink)
uzmk
Russia
 
Posts: 5 since Jul 2013
Thanks Given: 3
Thanks Received: 1


forgive me my stupidity but I do not seem to understand correctly what is reaction and exhaustion
in my understanding exhaustion is the lack of transactions (in current moment)
points 3, 4, 4 ", 5, 7 is exhaustion, there is no increase in volumes

in my understanding the reaction is the subsequent movement after the prints
for example, 1 reaction up, 2 down, 4.6 up ..

give me please some examples to learn how to think in terms of transactions.

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