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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)

  #341 (permalink)
Trading for Profit
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pbylina View Post

1) 9:13:17-55 at the big tape there is block of big prints 1.4322, tape is moving fast from the begining of the video. Here remains reaction to breakdown of 1.4322
2) 1.4310 is a support level and as price come to it appears big limit orders.
3) Now you see how changed behavior of the tape. It moves slow as price comes to 1.4310 9:14:23 tape is calm
9:17:30 tape is sluggish.
4) 1.4310 big BID limit order stand still and there is more behind him. It is a good probability of long, but if tape begin to move faster as price comes to 1.4310 GET OUT. You need to wait test 1.4310 order and quality of how it would be filling before go long. Or you could go long agressive before it test. BUT beware.
5) 9:18:00 look. Tape is dead in compare to how it behave itself at 1.4335.
6) and return to 1.4335


Last edited by bloom; July 26th, 2011 at 02:14 AM.
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  #342 (permalink)
Trading Apprentice
Stuttgart
 
Futures Experience: Beginner
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Hi.

What is this OrderTicker and where can i get it?
Is it Times&Sales in horizontal view?

Good thread so far and nice videos.

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  #343 (permalink)
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pbylina View Post

1)9:52:42 tape is moving moderately fast and without support of big agressive sellers contracts. This is clearly at test LOW of the day
1.4300 stand big BID limit order and near it more remains and they stand still/ Here mostly crowd goes short, but crowd too have not very good desire to short.
2) 10:00:44 take a look at the big tape from this time to 9:42:52. As the price go away from the low of the day appears more and more Big prints. Take a look at my post #6 at the begining of thread))). This is funny for tears. Exactly the same.
So there is no big desire to lower the prices and godd probability of DAY UP. Take your chances)))
But if this probability would change so you too need to change your strtategy. Right now your strategy is BUY LOW OF THE DAY AND HOLD TO the close of session
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

And 1.4300 Previous DAY LOW. And 1.4300 were previuos DAYS HIGHS and there is OLD price levels i talk about. Simple and it working. Pbylina do you remeber price levels i gave you at the 6E once? If you not so there are them )))
Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

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  #344 (permalink)
Trading for Profit
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pbylina View Post

I think there is no need to comment more after the LOW of the day example. pbylina ,thank you very much for your work i really apreceate this.
So guys. Do your video, do comments for it as i show you, and lets get rock.

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  #345 (permalink)
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Great teamwork guys you've just turned this thread up a notch!

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  #346 (permalink)
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yeaheah View Post
Hi.

What is this OrderTicker and where can i get it?
Is it Times&Sales in horizontal view?

Good thread so far and nice videos.

I use usua T&S and it sems to be in each trading platform as must have)))
Also i use Reconstructed tape from Dionysustoast. I use tham both as it easy to me. About simple questions as "What is green and what is red and how it works" please find this ansvers somethere)))
You should know basics to ask questions in a frame of thread.

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  #347 (permalink)
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yeaheah View Post
Hi.

What is this OrderTicker and where can i get it?
Is it Times&Sales in horizontal view?

Good thread so far and nice videos.

OrderTicker is made by awesome guy named DefaultUser. You can get in Elite Section or you could ask him. I dont know if he would be mad if I send it to you, so just talk to him. No, It shows the difference at the Dom levels. I wrote about this a page or so back. Read.


Last edited by pbylina; July 26th, 2011 at 09:19 AM.
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  #348 (permalink)
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bloom View Post
Pbylina do you remeber price levels i gave you at the 6E once? If you not so there are them )))
Attachment 44620

Cool, I put them on.

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  #349 (permalink)
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bloom View Post
. pbylina ,thank you very much for your work i really apreceate this.
So guys. Do your video, do comments for it as i show you, and lets get rock.

I dont know If will help or not but it doesnt hurt to try. Well see after a week or two if it helps.

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  #350 (permalink)
Elite Member
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Platform: NinjaTrader
Favorite Futures: Euro
 
Posts: 212 since Nov 2010
Thanks: 158 given, 66 received

1. 200sma and Pivot


1)Above 200sma slow flow. When at 1.4345, on OrderTicker, you can see a lot of pulled orders at BID(1.4344)(-8,-8).
2) When tape goes from 45 to 43 there is close to no prints at 44. Evidence, orders got pulled.
3)Bellow 200sma, is stronger flow of orders and when moving down in general.
4)Around 8:24:00, you see absorption/DOM refilling at price 1.4342, to prevent price from going higher.
5)When we go through pivot point, Big prints and tape is like pushing down steady.

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