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


Tape is my shape (tape reading, time and sales)
Started: by bloom Views / Replies:180,446 / 1,003
Last Reply: Attachments:285

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • 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, and we will never resell your private information.

-- Big Mike

Reply
 285  
 
Thread Tools Search this Thread
 

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

  #341 (permalink)
Trading for Profit
Russia
 
Futures Experience: Master
Platform: NinjaTrader, Tradestation
Favorite Futures: ES
 
Posts: 281 since Apr 2011
Thanks: 41 given, 333 received


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 03:14 AM.
Reply With Quote
The following 2 users say Thank You to bloom for this post:
 
  #342 (permalink)
Trading Apprentice
Stuttgart
 
Futures Experience: Beginner
Platform: NFX
Broker/Data: NFX CQG
Favorite Futures: Everything
 
Posts: 1 since Feb 2010
Thanks: 0 given, 0 received

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.

Reply With Quote
 
  #343 (permalink)
Trading for Profit
Russia
 
Futures Experience: Master
Platform: NinjaTrader, Tradestation
Favorite Futures: ES
 
Posts: 281 since Apr 2011
Thanks: 41 given, 333 received



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).

Reply With Quote
The following 2 users say Thank You to bloom for this post:
 
  #344 (permalink)
Trading for Profit
Russia
 
Futures Experience: Master
Platform: NinjaTrader, Tradestation
Favorite Futures: ES
 
Posts: 281 since Apr 2011
Thanks: 41 given, 333 received


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.

Reply With Quote
 
  #345 (permalink)
Elite Member
Sydney, Australia
 
Futures Experience: Intermediate
Platform: NinjaTrader, Sierra Chart
Broker/Data: Zen-Fire
Favorite Futures: DAX, ES, 6E
 
GotItForCheap's Avatar
 
Posts: 9 since Feb 2010
Thanks: 33 given, 1 received

Futures Edge on FIO
Great teamwork guys you've just turned this thread up a notch!

Reply With Quote
 
  #346 (permalink)
Trading for Profit
Russia
 
Futures Experience: Master
Platform: NinjaTrader, Tradestation
Favorite Futures: ES
 
Posts: 281 since Apr 2011
Thanks: 41 given, 333 received


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.

Reply With Quote
 
  #347 (permalink)
Elite Member
Chicago, IL
 
Futures Experience: None
Platform: NinjaTrader
Favorite Futures: Euro
 
Posts: 212 since Nov 2010
Thanks: 158 given, 63 received


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 10:19 AM.
Reply With Quote
 
  #348 (permalink)
Elite Member
Chicago, IL
 
Futures Experience: None
Platform: NinjaTrader
Favorite Futures: Euro
 
Posts: 212 since Nov 2010
Thanks: 158 given, 63 received


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.

Reply With Quote
 
  #349 (permalink)
Elite Member
Chicago, IL
 
Futures Experience: None
Platform: NinjaTrader
Favorite Futures: Euro
 
Posts: 212 since Nov 2010
Thanks: 158 given, 63 received


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.

Reply With Quote
The following user says Thank You to pbylina for this post:
 
  #350 (permalink)
Elite Member
Chicago, IL
 
Futures Experience: None
Platform: NinjaTrader
Favorite Futures: Euro
 
Posts: 212 since Nov 2010
Thanks: 158 given, 63 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.

Reply With Quote
The following user says Thank You to pbylina 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)
 

Anthony Drager: Pulling the trigger with confidence

Elite only
 

Leo Murphy: The Art and Science of Technical Analysis

Elite only
 

FuturesTrader71: Ask Me Anything

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 01:12 AM.

no new posts
Page generated 2017-01-24 in 0.13 seconds with 21 queries on phoenix via your IP 54.161.200.170