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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)

  #21 (permalink)
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pbylina View Post
Why does it matter if its a 1000 lot or 50 - 20 lots? Its still 1000 contracts at that price either way. In Investor RT theres an option to aggregate all similar ticks at that price. So if there were 50 - 20 lots it would show 1000 at that price.

If you see a price level they took the offer 20 different traders, which generally amounted to 1000 contracts. And if you see a bunch of prints at the same time, it means that one big trader stands opposed to 20 small. This is changing something for you ?
It's just a chance, but it gives something .

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  #22 (permalink)
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bloom View Post
39061
as I promised. Screenshots today day.GAP soon take.

On the Tape, the red is selling, and the green is buying? Or, the red are trades at the ASK and green are trades at the BID?

What are you looking for on the DOM? Is it better to trade DOM and T&S(TAPE) together?

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  #23 (permalink)
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done for today. Get out too early
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  #24 (permalink)
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pbylina View Post
On the Tape, the red is selling, and the green is buying? Or, the red are trades at the ASK and green are trades at the BID?

What are you looking for on the DOM? Is it better to trade DOM and T&S(TAPE) together?

TAPE and LEVEL 2
Red and green. You dont need to look it in the begining.

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  #25 (permalink)
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bloom View Post
done for today. Get out too early
Attachment 39068

By the big prints that im seeing I would guess it would be a good Short, yea? Of course it would be easier to predict if it was moving.

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  #26 (permalink)
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Can you make a video?

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  #27 (permalink)
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pbylina View Post
By the big prints that im seeing I would guess it would be a good Short, yea? Of course it would be easier to predict if it was moving.

large prints on the BID indicate that someone is selling well, and that somebody buys on the BID, well too. Let's say today was a 1312 print by BID large. It showed that there is a buyer. Then, on a test 1312, large prints on the BID was not enough. This suggests that the seller has become non-aggressive. You can enter Long with good support BID limit and place your stop right behind them
you must wait until the end of aggression. And it shows itself in the decrease of the number of large prints by the fact that increasing the number of limit orders on the Bid.

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pbylina View Post
Why does it matter if its a 1000 lot or 50 - 20 lots? Its still 1000 contracts at that price either way. In Investor RT theres an option to aggregate all similar ticks at that price. So if there were 50 - 20 lots it would show 1000 at that price.

OK - let's say you see the following occuring:

High of the day.

3000 x 1 lot buy orders streaming through on the tape
3 x 1000 lot sell orders streaming through on the tape

Small retail traders buying, large institutional traders selling.

Whose side would you want to be on?

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  #30 (permalink)
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DionysusToast View Post
OK - let's say you see the following occuring:

High of the day.

3000 x 1 lot buy orders streaming through on the tape
3 x 1000 lot sell orders streaming through on the tape

Small retail traders buying, large institutional traders selling.

Whose side would you want to be on?

i dont know who of them institutional and retail. I can only gess through size of the orders. Many retail traders have 3000 contracts to buy or sell? Dont think so

"3000 x 1 lot buy orders streaming through on the tape"


Okay. Buyer aggressor, moving the price up. Print for ASK 3000 shows that a buyer is large , but also print said that on the ASK are limit orders in 3000, which indicates that the seller is also a tough guy.

"3 x 1000 lot sell orders streaming through on the tape"

This situation shows that the bid were 3 different limit order for 1000 contracts, and the seller hits the market order for the Bid. This shows that he is determined to aggressively ..
As a result, we have a strong seller, which is filled to the ask, he strikes a strong BID contracts. Against him is a strong buyer.

While the advantage to the seller.
But.
Need to wait until one of the parties will cease to show aggression or become more aggressive.
The situation that you describe, it you have to wait.

If the high of the day will not take, when the price will come to test high of the day, and I'll see a weakening of aggression buyer, with a limit order sellers will be there and will continue to increase. That's when I go to the seller.


If the high of the day will take, when the price will come to test the breakdown, and I see the weakening of the aggression, the seller or the buyer increased aggression, while there will be good limit on the bid, then I will go Long.
And yes, happen to be anything, so I do not fluttering like "What if the Seller will begin to sell, or the buyer is begin buying"
Then, take a loss. Maximum of 1.5 points on the ES

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