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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)

  #211 (permalink)
Trading for Profit
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You must think what tipe of the prints here at the tape. It is like Tam Tam Tam Tam)))
rocky9281 i bet you know this)))
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  #212 (permalink)
Market Wizard
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Thanks Bloom - that means a lot coming from you.

There is very little info out there on Tape Reading. Most learn through observation and we all observe different things. I've certainly learnt some new stuff here.

I can't recall seeing a thread on Tape reading as informed as this one on any forum. Let's all keep it up.

Pete

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  #213 (permalink)
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Not Quite Correct I Believe



DionysusToast View Post
No - it's all CME markets. (...) - this guy did actually contact the CME to ask what changed. (...) First - this is a chart of the NQ at the cutover point.

DionysusToast,

thank you for your kind reply. The guy obviously asked what changed, (inspired by a question from a guy named like you...) but NOT if there are instruments that aren't affected yet.

I was thinking, if you wouldn't mind having another peer at my post. You'd notice that I included all Equity futures (as of my last information back in 2009), which obviate the NQ exhibit.

I just did a research to update myself and interestingly enough, I believe that I've found out that the CME group ist still implementing these changes over their product categories.

So maybe it isn't absolutely correct that these changes has been affected all instruments since their first release.

Of course I am open for any further clarification.

Kind regards,
Serninja

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  #214 (permalink)
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bloom View Post
You must think what tipe of the prints here at the tape. It is like Tam Tam Tam Tam)))
rocky9281 i bet you know this)))
Attachment 42626

I can see 3 T&S here..please specify each of them along with their filters..are they of same instrument??.. are you talking about the right one?

In the right T&S I can see 1334.50 going bid and offer alternatively

And I can see size 11 repeating on ask..but the repetition is not very frequent

Please tell your observation.....


Last edited by rocky9281; July 5th, 2011 at 12:09 PM.
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  #215 (permalink)
Market Wizard
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Serninja View Post
DionysusToast,

thank you for your kind reply. The guy obviously asked what changed, (inspired by a question from a guy named like you...) but NOT if there are instruments that aren't affected yet.

I was thinking, if you wouldn't mind having another peer at my post. You'd notice that I included all Equity futures (as of my last information back in 2009), which obviate the NQ exhibit.

I just did a research to update myself and interestingly enough, I believe that I've found out that the CME group ist still implementing these changes over their product categories.

So maybe it isn't absolutely correct that these changes has been affected all instruments since their first release.

Of course I am open for any further clarification.

Kind regards,
Serninja

Yeah - it was me that asked the question as the 'bot' explanation didn't tie up with what I was seeing.

Right not I'm on NinjaTrader and I don't know how to do 'tick volume' charts as I did with Ninja.

If someone has TS, then can do 2 things:
1 - Daily chart going back to Early Oct 2009 with Tick Volume
2 - Daily chart going back to Early Oct 2009 with contract volume

If you look at the two - you'll see straight away where the tick volume increased and the contract volume didn't.

It's possible Multicharts has the ability too. Hell - Ninja may have it but I never did RTFM!

Cheers

Pete

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  #216 (permalink)
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rocky9281 View Post
I can see 3 T&S here..please specify each of them along with their filters..are they of same instrument??.. are you talking about the right one?

In the right T&S I can see 1334.50 going bid and offer alternatively

And I can see size 11 repeating on ask..but the repetition is not very frequent

Please tell your observation.....

You can see there (all of the tapes) very large block at ask 1335.25-00 that shows you a big limit order seller on the ask. And so there is result
So this is was reversal print
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  #217 (permalink)
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bloom View Post
You can see there (all of the tapes) very large block at ask 1335.25-00 that shows you a big limit order seller on the ask. And so there is result
So this is was reversal print
Attachment 42643
Attachment 42642

Ohh..actually I didn't know that sizes like 2500 is considered as a big block...now I realise

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  #218 (permalink)
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bloom View Post
Long at the opening market SL 2 ticks TP 4 ticks
Come get some
Attachment 42619
Previous LOW of the day. Tests shows big buyer at the limit side. I have wait until agression of the sellers fade away and enter long with limit bid order 1330 75.
I place my mind stop behind BIG limit orders (2 ticks) in the case of fail and wait for my profit target. Highest score. Very good trade scalp

Beautiful trade Bloom!

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  #219 (permalink)
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Swing High...Sweet Chartiot...

You could of went LONG on the way up in addition to going SHORT at the swing high. I just marked some swing highs and lows from 4hr, 1hr and 15min time frames.

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9:10:47- Big Prints BID(1.4450) (Stop levels-XX00, XX50)
Smooth Prints at ASK. Normal Liquidity.
9:12:03-Medium Orders at BID (1.4455). Level Holds. Now at 1.4450 you can see a Big Limit.
9:12:20-Another Big print at BID.(1.4456)
9:12:46 -Fast tape on ASK. Running threw prices on low Liquidity at ASK. 1.4455-Big BID LIMIT.
9:13:02-Big prints on BID. Then fast Tape.
9:13:40-Big Prints on ASK(1.4460)Tape Pops Up.
Go SHORT at 1.4461. SL-2 ticks. Easier said then done.



Last edited by pbylina; July 5th, 2011 at 07:43 PM.
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  #220 (permalink)
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Could be TWAP-Time Weighted Average Price - Wikipedia, the free encyclopedia

"High-volume traders use TWAP to execute their orders over a specific time so they trade to keep the price close to that which reflects the true market price. TWAP orders are a strategy of executing trades evenly over a specified time period"

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