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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)

  #351 (permalink)
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2. Support 1

1)Tape is going fast going down.
2)1.4310-Big BID
3)Tape when sees it, runs away like its scared. Nice flow up. But when come down again, very weak flow. Like its scared of it.
4) Then like no flow..............
5)Big prints and good flow as we go up.)))

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  #352 (permalink)
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pbylina View Post
1)Tape is going fast going down.
2)1.4310-Big BID
3)Tape when sees it, runs away like its scared. Nice flow up. But when come down again, very weak flow. Like its scared of it.
4) Then like no flow..............
5)Big prints and good flow as we go up.)))

You see? Already helps. Just imagine at least 5 peoples would do video and comments. What a base of video to study we would have. How fast would be process of gathering experience.
But if not than this thread will die as a good intentions)))

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  #353 (permalink)
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bloom View Post
You see? Already helps.

Yes it helps I know. You help me keep going. I thank you.

Quoting 
Just imagine at least 5 peoples would do video and comments. What a base of video to study we would have. How fast would be process of gathering experience.
But if not than this thread will die as a good intentions)))

Or 2 people. You talk too much on Skype while you trading.))). Thats why you wont make video. We all seen your screenshots with Skype in every pic. lol. Just kidding.
Anyway, yea it would be nice but unfortunatly no one else wants to do it.
Either they don't believe in tape reading, dont think they good enough to post or think its too much work to make video. Well, it is kind of a lot of work making these videos but I'm hoping it will pay off. I dont care. I'll put videos on here every day until we have a 100 videos! Then Ill go through them all in 1 day and become best tape reader in world!


Last edited by pbylina; July 26th, 2011 at 10:51 PM.
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  #354 (permalink)
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3. Low of Day

1) Goes from 1.4310 to 1.4302 really fast like if orders were pulled.
2)Then like absorbtion at 1.4303/1.4302. Dom refilling on BID
3)9:58:00- More absorbing/refilling at 1.4307
4)Bigger prints as we go up. Especially at 1.4309
5)Then nice flow of tape. BLAST OFF! WERE IN OUTERSPACE!


Last edited by pbylina; July 26th, 2011 at 10:51 PM.
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  #355 (permalink)
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4. 200 sma

Futures Edge on FIO
1) This was basically like an absorption reversal at 200sma. After that Tape was acting like it was trying to walk through glue haha.

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  #356 (permalink)
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I had followed a thread on another forum for quite some time.
One, amongst a few, additions to its main theory, was the observance of the "Wall".
This referred to the level on the DOM where there were the highest number of contracts (changing obviously in real time).
Especially at the ask price (in an up move)
The point is regards, in this thread, the pulling/adding of orders.

My initial thoughts on this were that:
Orders pulled from the ask price in an up move would be indicative of limit sells being pulled.
The "Wall" of resistance was falling so to speak.

My problem at the moment is more about added contracts.
If added at the ask we are still needing to try to distinguish whether they are added limit sells or added market buys.
I don't yet see (if at all it's possible) how to distinguish other than the reaction of price at both the time, (ie: price ticks up with the occurrence of added orders) and/or on a re-visit to that same price.

Just some thoughts.
Thx for the videos pbylina, I haven't figured out how to do this yet.
and thx bloom for sticking with it...

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  #357 (permalink)
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zt379 View Post
I had followed a thread on another forum for quite some time.
One, amongst a few, additions to its main theory, was the observance of the "Wall".
This referred to the level on the DOM where there were the highest number of contracts (changing obviously in real time).
Especially at the ask price (in an up move)
The point is regards, in this thread, the pulling/adding of orders.

Yea, the "Wall" or absorption as I call it, I seen it more on up moves. Maybe it's US's "Debt Ceiling"


Quoting 
My problem at the moment is more about added contracts.
If added at the ask we are still needing to try to distinguish whether they are added limit sells or added market buys.

I think it can only be added limit sells. Wait for a second opinion.


Quoting 
Thx for the videos pbylina, I haven't figured out how to do this yet.

Its easy.))) Just Open up Camtasia , its the best and what I use. I used to use camstudio the free one but it is crap because it turns off after 1 hour or so. Camtasia is very good quality video as you see. Just record it for the whole work day. I leave it on for 4 hours. Then I just go through and out the good parts and process them. I know what best settings to put it on if you need help. And it would be good if you had another monitor so you could go on internet and do other stuff.

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  #358 (permalink)
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pbylina View Post
1)Tape is going fast going down.
2)1.4310-Big BID
3)Tape when sees it, runs away like its scared. Nice flow up. But when come down again, very weak flow. Like its scared of it.
4) Then like no flow..............
5)Big prints and good flow as we go up.)))

Good stuff- strong ticks up, weak ticks down - bodes well for a continuation up. Up 1.2.3, down 1,2,3 up 1,2,3,4, down 1,2,3, up 1,2,3, down 1,2, up 1,2,3, down 1,2....

For pulled orders - I think you are off track slightly. Pulled orders is quite normal without any additional context.

The place you should look for pulled orders is 2-3 levels out. This is where spoofing occurs. Still - on a thinner market like the 6E, there isn't a lot of spoofing anyway. The thicker markets - ES, ZF are were the spoofing splitting occurs mostly.

The reason for this is clear. If you spoof, you don't want to get filled. Let's say you are on an ultra-thin market like the CL or DAX, if you tried to spoof there with only a handful of orders in front of you - chances are someone might take your orders. Spoofers do not want to be filled.

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  #359 (permalink)
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pbylina View Post
Yes it helps I know. You help me keep going. I thank you.
Or 2 people. You talk too much on Skype while you trading.))).

Yes i do and i helping this way to a few russian guys to learn a tape)).But i do not record video for other reasons. I just could not to do this up to 1-3 months, because of big amounts of things i need to do.
Just keep on with videos and ill try to do my best to comment them


Last edited by bloom; July 27th, 2011 at 01:48 AM.
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  #360 (permalink)
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bloom View Post
Yes i do and i helping this way to a few russian guys to learn a tape)).But i do not record video for other reasons. I just could not to do this up to 1-3 months, because of big amounts of things i need to do.
Just keep on with videos and ill try to do my best to comment them

I understand. I gotta upload the video from yesterday. Youtube only takes video up to 15 minute so I have to split in 2 parts. Give me an hour.

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