Tape is my shape (tape reading, time and sales) - Traders Hideout | futures io social day trading
futures io futures trading


Tape is my shape (tape reading, time and sales)
Updated: Views / Replies:541,369 / 1,369
Created: by bloom Attachments:319

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • 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.

-- Big Mike, Site Administrator

Reply
 319  
 
Thread Tools Search this Thread
 

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

  #1361 (permalink)
Russia
 
 
Posts: 473 since Apr 2011
Thanks: 47 given, 579 received


snax View Post
I see, I am just unfamiliar with the order-flow tools, I assume these skills are the types of things I've been working on (but not in an order-flow specific manner), ie, determining type of opening, day, who's in control, that sort of thing? I apologize if you meant skills more specific to order-flow than these i listed. I am just trying to understand

Yes. You absolutely correct about this. Firs of all you need to understand who is in control. So only after that you can find a PLACE to enter. And after you have a place you can use DOM techniques to enter.
THe main problem with all OF stuff on the internet - it is ALL SMALL CHUNCKS of what complete OF is.
Tape is a peace
DOM is a peace
Price action is a peace
DELTA or CLUSTER is a peace of a small peace
And everyone trying to tell you that soccer is dribling. But is not. OF is not DOM. OF is not Tape. OF is not LVLII. Of is not PRice action It is all combined together.
So Price action provides you wit a context. Tape shows you who in control within that context. Cluster shows you there the most of trapped voume is. After that Price action shows you the place to enter. And only after that tape + dom let you to enter with a small risk. And at every stage of the process you need to pay attention to different aspekts of Price Action Tape LVLII DOM and so. Than to watch and where and at what to whatch becomes more important that OF itself
Once you have a system of tools working with each other you start to see ACTUALL Order FLOw and start to see Traps and how game evolves
Before that you have segmented view making you think you see the OF.

Reply With Quote
The following 3 users say Thank You to bloom for this post:
 
  #1362 (permalink)
Chicago
 
Trading Experience: Beginner
Favorite Futures: MES, MNQ, CL, GC
 
snax's Avatar
 
Posts: 781 since Feb 2019
Thanks: 2,943 given, 2,419 received


bloom View Post
Yes. You absolutely correct about this. Firs of all you need to understand who is in control. So only after that you can find a PLACE to enter. And after you have a place you can use DOM techniques to enter.
THe main problem with all OF stuff on the internet - it is ALL SMALL CHUNCKS of what complete OF is.
Tape is a peace
DOM is a peace
Price action is a peace
DELTA or CLUSTER is a peace of a small peace
And everyone trying to tell you that soccer is dribling. But is not. OF is not DOM. OF is not Tape. OF is not LVLII. Of is not PRice action It is all combined together.
So Price action provides you wit a context. Tape shows you who in control within that context. Cluster shows you there the most of trapped voume is. After that Price action shows you the place to enter. And only after that tape + dom let you to enter with a small risk. And at every stage of the process you need to pay attention to different aspekts of Price Action Tape LVLII DOM and so. Than to watch and where and at what to whatch becomes more important that OF itself
Once you have a system of tools working with each other you start to see ACTUALL Order FLOw and start to see Traps and how game evolves
Before that you have segmented view making you think you see the OF.

Thank you so much @bloom, this is consistent with how I see the big picture, it is a matter of improving all these separate components in time. I understand what you are saying, we are on the same page!

I kind of see it as levels of abstraction. At the most abstract is the 10000 feet view from above the market, where it has been what the profiles & charts look like structure-wise, then you can zoom into higher and higher resolution to the point of execution triggers, the lowest levels of abstraction. They all kind of stack on top of one another, some blur the lines, but each piece is extremely important.

Cheers!

Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to snax for this post:
 
  #1363 (permalink)
Russia
 
 
Posts: 473 since Apr 2011
Thanks: 47 given, 579 received



snax View Post
Thank you so much @bloom, this is consistent with how I see the big picture, it is a matter of improving all these separate components in time. I understand what you are saying, we are on the same page!

I kind of see it as levels of abstraction. At the most abstract is the 10000 feet view from above the market, where it has been what the profiles & charts look like structure-wise, then you can zoom into higher and higher resolution to the point of execution triggers, the lowest levels of abstraction. They all kind of stack on top of one another, some blur the lines, but each piece is extremely important.

Cheers!

Yes. And the main thing that through ALL THOSE matrix levels exist few main PIVOTS. Thy are working at all stages but with different parts of this system. So those PIVOTS are actually is OF in its essence. And no way you can obtain this in one day, or week or month. You GOT TO BE GUIDED by a mentor. THis cant be told )

Reply With Quote
The following 2 users say Thank You to bloom for this post:
 
  #1364 (permalink)
Market Wizard
SF Bay Area + CA/US
 
Trading Experience: None
Platform: TS, TOS, Ninja(Analytics)
Favorite Futures: NQ CL, ES when volatile mrkts
 
paps's Avatar
 
Posts: 1,698 since Oct 2011
Thanks: 2,161 given, 1,691 received


snax View Post
Not asking you to give anything away, but I saw you mention excel in the past (as well as gom) in another thread. Could one begin the journey working with a simple DOM and dissecting with a spreadsheet (good data feed too of course) in order to start building a better picture of Order Flow over time?

I don't even have a DOM currently, there's a bit of inertia since I'm learning so much on just a naked bar chart and basic platform, I feel I haven't even scratched the surface of that yet, but Jigsaw is really not that expensive, for one example.

Also wanted to say thanks to @bloom, I'll start reading your journal.

@snax no what i meant about giving away is ,,,i meant really getting into nitty gritty.

you see....if you have not studied...1-10th...and you suddenly wish to be a surgeon....can you??...no its not possible. one has to have basic education in that field.
similar in trading.

now coming to your question about my comments in excel. in excel is very customized. one cannot do it...unless one already knows order flow. and knows it so well...& has studied and gone thru all...i mean all market events...including flash crashes.

my main stay is volume....i know everything there is to know about volume...but still learn stuff i am unaware off or new quant stuff. i can dissect volume...in the futures and on the overall stock market. on the DOM it becomes easier when you can spot their limits. remember i do not scalp. my methods are different from what is in this thread as i want a full move,,,,not few points.

all i was trying to say...one becomes good if they are a seeker.....if bloom said he can show stuff...one must look at his stuff..try and understand it....question with a inquisitive mind....study on their own....and then only does one achieve a elite trader status.

i wish not only you...but all here only success....

Reply With Quote
The following user says Thank You to paps for this post:
 
  #1365 (permalink)
Legendary Elite_Member
Wiltshire, United Kingdom
 
Trading Experience: Beginner
Platform: Jigsaw daytradr
Favorite Futures: US Equity Index Futures
 
matthew28's Avatar
 
Posts: 740 since Sep 2013
Thanks: 1,509 given, 1,249 received


bloom View Post
Ok man. What i can tell - NOT ALL US OR BRITISH THE WAY YOU ARE. Thanks to GOD

(Post #1355)

So you take insult from a post by somebody who's avatar details say they live in Australia, and use that to insult the British?


bloom View Post
Dont waste your time with your nationalism here. iT is international resource.
.........DOnt try to reverse things and tell that one nation is better than the other. THis makes you look like not good.

(Post #1356)

May be you should practice what you preach.

Trading, ideally structured, is a vehicle for expanding consciousness, not damaging it. - Brett Steenbarger
Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to matthew28 for this post:
 
  #1366 (permalink)
Russia
 
 
Posts: 473 since Apr 2011
Thanks: 47 given, 579 received


matthew28 View Post
(Post #1355)

So you take insult from a post by somebody who's avatar details say they live in Australia, and use that to insult the British?


(Post #1356)

May be you should practice what you preach.

everyone who has english as a native language are britis for me. Yes. Every nation has a scum - even British. Russians too. But not all Russians or Brithis are scum.
I do not know how you saw that than i am saying good about british i am insulting em. ANyway i see i got to say that FIO comed a long way to this state. Which makes me luagh.
Not a place for peoples who think anymore.
Twitter i suppose ))))

Reply With Quote
 
  #1367 (permalink)
Russia
 
 
Posts: 473 since Apr 2011
Thanks: 47 given, 579 received


paps View Post
@snax no what i meant about giving away is ,,,i meant really getting into nitty gritty.

you see....if you have not studied...1-10th...and you suddenly wish to be a surgeon....can you??...no its not possible.

100%


paps View Post
all i was trying to say...one becomes good if they are a seeker.....if bloom said he can show stuff...one must look at his stuff..try and understand it....question with a inquisitive mind....study on their own....and then only does one achieve a elite trader status.

100%

i suppose i will not show this. I can point in to a direction where to go if anyone willing to ask, DM me.
If this forum will continue to show it goes to a twitter state - no point of my interest of staying here.
@paps - thank you for you wisdom.

Reply With Quote
The following 2 users say Thank You to bloom for this post:
 
  #1368 (permalink)
Legendary Elite_Member
Wiltshire, United Kingdom
 
Trading Experience: Beginner
Platform: Jigsaw daytradr
Favorite Futures: US Equity Index Futures
 
matthew28's Avatar
 
Posts: 740 since Sep 2013
Thanks: 1,509 given, 1,249 received


bloom View Post
I do not know how you saw that than i am saying good about british i am insulting em.

Reading your reply I realise I misread your original post. You wrote "Ok man. What i can tell - NOT ALL US OR BRITISH THE WAY YOU ARE. Thanks to GOD". I read it as saying/meaning 'not all us are British the way you are. Thanks to God.'
Apologies.

Trading, ideally structured, is a vehicle for expanding consciousness, not damaging it. - Brett Steenbarger
Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to matthew28 for this post:
 
  #1369 (permalink)
Guesser
Reading UK
 
Trading Experience: None
Platform: Custom
Broker/Data: Interactive Brokers
Favorite Futures: My 3 boys
 
Grantx's Avatar
 
Posts: 1,632 since Oct 2016
Thanks: 2,268 given, 4,308 received


paps View Post
i know everything there is to know about volume...but still learn stuff i am unaware off
.

Classic.
You deserve a raspberry for possibly the dumbest statement of the year so far.

Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to Grantx for this post:
 
  #1370 (permalink)
Market Wizard
SF Bay Area + CA/US
 
Trading Experience: None
Platform: TS, TOS, Ninja(Analytics)
Favorite Futures: NQ CL, ES when volatile mrkts
 
paps's Avatar
 
Posts: 1,698 since Oct 2011
Thanks: 2,161 given, 1,691 received



Grantx View Post
Classic.
You deserve a raspberry for possibly the dumbest statement of the year so far.

thanks....lol...dont take it literally.... but u r great.....loved the sense of humor

Reply With Quote
The following user says Thank You to paps for this post:

Reply



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

Thread Tools Search this Thread
Search this Thread:

Advanced Search



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

Show us your trading desks and win $1,400 in prizes w/Earn2Trade

November
 

futures io is celebrating 10-years w/ over $18,000 in prizes!

Right now
 

$250 Amazon Gift Cards with our "Thanks Contest" challenge!

Right now
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Some questions about tape-reading CME data ptd26 Traders Hideout 24 November 14th, 2014 12:05 PM
Pace of Tape trader8642 NinjaTrader 7 August 6th, 2014 12:11 AM
Anyone here use tape reading in their methodology ? Xzap Traders Hideout 23 December 19th, 2013 05:03 AM
What is tape reading? Big Mike Traders Hideout 34 May 20th, 2011 08:58 AM


All times are GMT -4. The time now is 10:35 AM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts