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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)

  #471 (permalink)
Elite Member
Chicago, IL
 
Futures Experience: None
Platform: NinjaTrader
Favorite Futures: Euro
 
Posts: 212 since Nov 2010
Thanks: 158 given, 66 received


bloom View Post
Now your goal 2-3 months of training. Then if those 2-3 months would be 80% positive days each month or at least 60-70% positive days then it is a time for real. Good luck and keep on ))) and do not hurry. Now you do not need to hurry. All you need is to rase your skills and money will come. As you already understand there is no psychology "You have an edge and use it or not"
Psychology needed only than you know there is edge and you cant use it. But this not about you.
As yor TR skills will grow, start to learn fundamental analyse and BIG picture. Learn from pros. They dont use only TA. TR is not TA this is fundamental analyse of supply and deamand.

Uhm... I was thinking till the end of the month.))) Ok, then 2 months. (Till end of September.)


Quoting 
I am glad you succesfull as you one of the readers who seriously do what i say ))))

From the beginning I could tell you were honest guy. I knew you had more experience then me and all you wanted to do is help. I respect some one like that and I do what they say.)))

Quoting 
I wish you more winning trades and days

You to man. How can I ever repay you?

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  #472 (permalink)
Trading for Profit
Russia
 
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Platform: NinjaTrader, Tradestation
Favorite Futures: ES
 
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pbylina View Post
You to man. How can I ever repay you?

Kick ass to the market and let me know about it. This all i need))))

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  #473 (permalink)
Elite Member
Chicago, IL
 
Futures Experience: None
Platform: NinjaTrader
Favorite Futures: Euro
 
Posts: 212 since Nov 2010
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bloom View Post
Kick ass to the market and let me know about it. This all i need))))

Haha))) Deal.

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  #474 (permalink)
Elite Member
Lagos, Nigeria
 
Futures Experience: Intermediate
Platform: NinjaTrader, SierraChart
Favorite Futures: Euro Currency & Oil
 
lolu's Avatar
 
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pbylina View Post
I was not gonna trade today due to reasons I mention earlier but I decided to make 1 trade because I could not ignore such a classic and good opportunity. Basically I saw tape stop a couple of time when approaching pivot and it stopped for me is a long time.(couple of second) I seen it stop twice, which is better probabilty then seeing it only once. Then after I place my order you see tape went passed my entry with some flow but it just got absorbed and went in my direction. I keep my mouse over reverse in case I know I am wrong. And when 5~ in profit, I see good flow up in my direction. I know I was right and I put stop to breakeven. For some reason the ending of the video got cut off so you cant see my exit. Its just a couple seconds after the cut off. Basically I got out at with $158. It went to 1.xx80~ . I exited early but I dont care. I am happy with atleast $100 and I wanted to end the week on a good start. I am happy. 3 of 3 days this week were positve. $132 Monday, $575 Tuesday and $158 Friday. Grand total for this week is: $865

Thanks Bloom once again for showing me one color tape. You opened my eyes.))) I hope you are doing well too. P.s. How did you even think of one colored tape?


My understanding of your trade in this video is that you waited for a rejection of the downside price movement by the Pivot level @ around 1.4153, then you went Long .... Right ? What role did the two T&S charts play in the trade ? What numbers did these two T&S give you for you to have gone Long ?

Lolu

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  #475 (permalink)
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lolu View Post
My understanding of your trade in this video is that you waited for a rejection of the downside price movement by the Pivot level @ around 1.4153, then you went Long .... Right ? What role did the two T&S charts play in the trade ? What numbers did these two T&S give you for you to have gone Long ?

Lolu

Like I said in the description. I just look at the flow of the tape showing all trades on the right side. The one on left I dont look at it at the moment.

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  #476 (permalink)
Trading for Fun
Kolkata,India
 
Futures Experience: Intermediate
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Broker/Data: Broker
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Posts: 100 since Feb 2011
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pbylina View Post
How can I ever repay you?

I have to say "How can I ever repay you?" to 2 persons here.

First, I met pbylina in a different forum where people who doesn't know anything keeps on posting and those who actually knows, keeps their mouth shut.

It was due to pbylina that I am here today.

Next is obviously bloom. I don't have to mention anything about bloom, people reading this thread already knows what kind of person he is.
Those who make fun of bloom because of poor english pls keep in mind that here,we are more interested to learn about the language of tape than the english language..and bloom is surely far far better than you all.

IMHO,If you can't understand bloom's english, then you may not be intelligent enough to understand the tape.

I no longer have the data connection , so I can't make any videos like pbylina. Maybe that is why people are no longer responding to my questions.


Any ways, you people are doing a great job. God bless you all


Last edited by rocky9281; August 7th, 2011 at 10:17 AM.
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  #477 (permalink)
Trading for Profit
Russia
 
Futures Experience: Master
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Favorite Futures: ES
 
Posts: 288 since Apr 2011
Thanks: 41 given, 375 received


rocky9281 View Post

I no longer have the data connection , so I can't make any videos like pbylina. Maybe that is why people are no longer responding to my questions.


Any ways, you people are doing a great job. God bless you all

Thank you man))) You asking a good questions but i do not have answers to them)))) If you can than do screenshots of the tape and chart and your explanations. That will be enough))
As for my "bad" english )) I am already teach some tricks with this BAD ENGL some guys and find friends and i have BIG сомнения (please translate in google) you guys could do so on english and not even on Russian ))))
And Rocky is right)) thanks man. We are here to learn something new.
I want to thanks all of you guys who really interested in what i am doing))) and helping as can
I am local @rainman@)))) he he he he
767865 Lucy lu ))))

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The following user says Thank You to bloom for this post:
 
  #478 (permalink)
Elite Member
Chicago, IL
 
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Platform: NinjaTrader
Favorite Futures: Euro
 
Posts: 212 since Nov 2010
Thanks: 158 given, 66 received


rocky9281 View Post
I no longer have the data connection , so I can't make any videos like pbylina. Maybe that is why people are no longer responding to my questions.

Any ways, you people are doing a great job. God bless you all

Only way to get data now is to open an account with broker. Like I said before, I open an account 3 months ago and I still didnt make a single real trade because Im not ready. The data feed is free. My broker hasnt said anything that I havent made a single trade yet.(I hope I didnt open my mouth too soon)

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  #479 (permalink)
Trading for Profit
Russia
 
Futures Experience: Master
Platform: NinjaTrader, Tradestation
Favorite Futures: ES
 
Posts: 288 since Apr 2011
Thanks: 41 given, 375 received


rocky9281 View Post
I no longer have the data connection , so I can't make any videos like pbylina. Maybe that is why people are no longer responding to my questions.


Any ways, you people are doing a great job. God bless you all

sourceof Zen fire data. mirusfutures.com
Register demo and there will be 1 month )))

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  #480 (permalink)
Trading for Fun
Kolkata,India
 
Futures Experience: Intermediate
Platform: Broker
Broker/Data: Broker
Favorite Futures: Futures
 
Posts: 100 since Feb 2011
Thanks: 52 given, 39 received



pbylina View Post
Only way to get data now is to open an account with broker. Like I said before, I open an account 3 months ago and I still didnt make a single real trade because Im not ready. The data feed is free. My broker hasnt said anything that I havent made a single trade yet.(I hope I didnt open my mouth too soon)


bloom View Post
sourceof Zen fire data. mirusfutures.com
Register demo and there will be 1 month )))

Till now I was trading Indian stocks only....Are both of you talking about Euro and es?

Secondly, I hope someday,I will be able to turn this trading skill into a business in future,when I will become better in tape reading. Anybody having similar dreams? Want to work together? Bloom? Pbylina?

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