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:227,968 / 1,262
Created: by bloom Attachments:311

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 90,000 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
 311  
 
Thread Tools Search this Thread
 

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

  #141 (permalink)
Trading for Profit
Russia
 
Futures Experience: Master
Platform: NinjaTrader, Tradestation
Favorite Futures: ES
 
Posts: 419 since Apr 2011
Thanks: 46 given, 502 received


Bermudan Option View Post

A) Investors seeking income: Insurance Companies, Trusts, Industrial Corporations, etc
B) Business Speculators: Trading corporations, Amateur Speculators and the brokerages who execute trades for them
C) Professional Speculators: Floor Traders, Market Makers, Professional Traders, Intelligent Speculators
can do whatever they please.

Ok. I believe the barier soon will be come down)))
Group A) this is commercial traders. This is companys that produce or use products or resourses. They need hedge with good price their purchases or sales . They have insider information and all the things i mentioned before.
Group B) the Amateur Speculators and the brokerages for this group.
C) Sharks or noncommercials large traders
This view is correct from the perspective CFTC COT
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

all is up to us is to understand how each party show itself in the market or at least one of the partys in general.

Reply With Quote
The following user says Thank You to bloom for this post:
 
  #142 (permalink)
Trading for Profit
Russia
 
Futures Experience: Master
Platform: NinjaTrader, Tradestation
Favorite Futures: ES
 
Posts: 419 since Apr 2011
Thanks: 46 given, 502 received


pbylina View Post
I dont understand what you mean...

large prints are simple large transactions. Someone selling someone bying at the same time. What is care for us is the type of behavior. Agressive or passive and how market reacts to big limit orders.

To stay in short you must see large prints on the BID and prints on the ASK too. Think why you should. If you see only BIDs printing, then i give you a question. Who are from big guys in this situation is selling on ask? Answer no one. Because you do not see large prints on ask. This is means that all big boys are alredy on bid limits take theys profits. They do not want to move price lower. They became passive from agressive. Behavior has changed. also Dynamic of the trend. Probably you v saw how it changed to weak. If it is not, than you must think why there is no large prints on BID. I am alredy talk about this. Large limits are the key. Watch how thay get filled and who is filling them. Do not sit and wait until market decides for you your outcome. This is you who must decide. If you see something you afraid or didnt understand CUT YOUR POSITION. GET OUT. There are thousands of entries waiting in the future.

Reply With Quote
The following 7 users say Thank You to bloom for this post:
 
  #143 (permalink)
Market Wizard
Bangkok
 
Futures Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker/Data: AMP, S5, IB
Favorite Futures: ES
 
DionysusToast's Avatar
 
Posts: 2,669 since Nov 2010
Thanks: 776 given, 8,724 received
Forum Reputation: Legendary



bloom View Post
large prints are simple large transactions. Someone selling someone bying at the same time. What is care for us is the type of behavior. Agressive or passive and how market reacts to big limit orders.

To stay in short you must see large prints on the BID and prints on the ASK too. Think why you should. If you see only BIDs printing, then i give you a question. Who are from big guys in this situation is selling on ask? Answer no one. Because you do not see large prints on ask. This is means that all big boys are alredy on bid limits take theys profits. They do not want to move price lower. They became passive from agressive. Behavior has changed. also Dynamic of the trend. Probably you v saw how it changed to weak. If it is not, than you must think why there is no large prints on BID. I am alredy talk about this. Large limits are the key. Watch how thay get filled and who is filling them. Do not sit and wait until market decides for you your outcome. This is you who must decide. If you see something you afraid or didnt understand CUT YOUR POSITION. GET OUT. There are thousands of entries waiting in the future.

This is absolutely key to using the Time & Sales in any of it's forms.

Great stuff Bloom & excellent English too.

Reply With Quote
The following 3 users say Thank You to DionysusToast for this post:
 
  #144 (permalink)
Trading for Profit
Russia
 
Futures Experience: Master
Platform: NinjaTrader, Tradestation
Favorite Futures: ES
 
Posts: 419 since Apr 2011
Thanks: 46 given, 502 received


DionysusToast View Post
This is absolutely key to using the Time & Sales in any of it's forms.

Great stuff Bloom & excellent English too.

Im getting better very quickly still i need some of the words translate from GOOGLE but i am glad that deep structures of thinking on english is still alive)))
Thanks

Reply With Quote
 
  #145 (permalink)
Elite Member
Chicago, IL
 
Futures Experience: None
Platform: NinjaTrader
Favorite Futures: Euro
 
Posts: 212 since Nov 2010
Thanks: 158 given, 69 received


bloom View Post
To stay in short you must see large prints on the BID and prints on the ASK too. Think why you should.

I thought about it hard. The only thing I can think of is that the BIG amount of prints that I saw at the ASK yesterday was not Pros going short with limits but it was there take profits. If it was them going short, then you would see prints at the BID, indicating that they were taking profits along the way. I think that's what happened yesterday.


Quoting 
Do not sit and wait until market decides for you your outcome. This is you who must decide. If you see something you afraid or didnt understand CUT YOUR POSITION. GET OUT. There are thousands of entries waiting in the future.

I understand. What happened yesterday was, I walked away to get some lunch. It was stupid. I thought because I saw the Huge amount of trades at the ASK and no Huge prints coming in at the BID that I was fine. Your question about why I should see big prints at the BID too, on the way down helped me really think about it. I thank you for that. If I find anything new I will share it with you to show my appreciation....I think next time if I have to eat lunch or something important(go to the bathroom), I will have ATM strategy that as soon as I'm at +5, It will place stop at breakeven and take profit at +10. These moves I have noticed that 80% of time give 10 ticks if I am right.

Reply With Quote
 
  #146 (permalink)
Trading for Profit
Russia
 
Futures Experience: Master
Platform: NinjaTrader, Tradestation
Favorite Futures: ES
 
Posts: 419 since Apr 2011
Thanks: 46 given, 502 received


pbylina View Post
I thought about it hard. The only thing I can think of is that the BIG amount of prints that I saw at the ASK yesterday was not Pros going short with limits but it was there take profits. If it was them going short, then you would see prints at the BID, indicating that they were taking profits along the way. I think that's what happened yesterday.

I understand. What happened yesterday was, I walked away to get some lunch... I think I will do that as soon as I'm at +5, I will place stop at breakeven. And maybe take profit at +10. These moves I have noticed that 80% give me 10 ticks....If I am right.

You need a brake))) Your head full of mixed coctail)) take a brake and let it lay in your head and make some kind of structure. I have confused you with my posts. In previous post were too much topics at one time. Forget them. I wiil answer later and more constructive.
But questions, you need to think more. Change your point of view and try to look like professional. And then tell yourself what you have bin doing in this situation you asked fore.

Reply With Quote
The following user says Thank You to bloom for this post:
 
  #147 (permalink)
Trading for Profit
Russia
 
Futures Experience: Master
Platform: NinjaTrader, Tradestation
Favorite Futures: ES
 
Posts: 419 since Apr 2011
Thanks: 46 given, 502 received


pbylina View Post
I thought about it hard. The only thing I can think of is that the BIG amount of prints that I saw at the ASK yesterday was not Pros going short with limits but it was there take profits. If it was them going short, then you would see prints at the BID, indicating that they were taking profits along the way. I think that's what happened yesterday.

You right, now think why they take profits.
I m little tired today. Day were very nice. So much trades that i only enter and exit without a brake. Uuuuufff. Bulls are crying today.
Lunch time is now and it is a time of scalpers

Reply With Quote
The following user says Thank You to bloom for this post:
 
  #148 (permalink)
Elite Member
Chicago, IL
 
Futures Experience: None
Platform: NinjaTrader
Favorite Futures: Euro
 
Posts: 212 since Nov 2010
Thanks: 158 given, 69 received


bloom View Post
You need a brake))) Your head full of mixed coctail)) take a brake and let it lay in your head and make some kind of structure. I have confused you with my posts. In previous post were too much topics at one time. Forget them. I wiil answer later and more constructive.
But questions, you need to think more. Change your point of view and try to look like professional. And then tell yourself what you have bin doing in this situation you asked fore.

Haha, your funny. I think i need a break too. Maybe till Monday. And I can think then. Увидимся позже. (Google переводчик)

Reply With Quote
 
  #149 (permalink)
Elite Member
Chicago, IL
 
Futures Experience: None
Platform: NinjaTrader
Favorite Futures: Euro
 
Posts: 212 since Nov 2010
Thanks: 158 given, 69 received


bloom View Post
all is up to us is to understand how each party show itself in the market or at least one of the partys in general.

привет! I'm back from resting my brain. I really needed it.

I have noticed this from looking at COT charts:
1) Large Speculators try to follow the market trend exactly. (Easy to see on Euro Chart)
2) Commercials move exact opposite of the Large Speculators.
3) Crude Oil, Corn and even Euro, the small speculators are in the middle in between Large speculators and Commercials.
4) On Canadian Dollar and the Swiss Franc the Large and Small speculators are moving together.

Attached Thumbnails
Tape is my shape (tape reading, time and sales)-corn-chart.png   Tape is my shape (tape reading, time and sales)-crude-oil-chart.png   Tape is my shape (tape reading, time and sales)-euro-chart.png   Tape is my shape (tape reading, time and sales)-canadian-dollar.png   Tape is my shape (tape reading, time and sales)-swiss-franc-chart.png  
Reply With Quote
 
  #150 (permalink)
Elite Member
Chicago, IL
 
Futures Experience: None
Platform: NinjaTrader
Favorite Futures: Euro
 
Posts: 212 since Nov 2010
Thanks: 158 given, 69 received



bloom View Post
You right, now think why they take profits.
I m little tired today. Day were very nice. So much trades that i only enter and exit without a brake. Uuuuufff. Bulls are crying today.
Lunch time is now and it is a time of scalpers

They taking profits because the up move is over. Look what happened next day.

Hey man, give yourself a break once and a while. You trying to save up for a Lamborghini or something?(joking)

Attached Thumbnails
Tape is my shape (tape reading, time and sales)-take-profit.png  
Reply With Quote

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)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

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 02:25 PM.

Copyright © 2017 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
Page generated 2017-12-12 in 0.08 seconds with 19 queries on phoenix via your IP 54.163.209.109