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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)

  #141 (permalink)
bloom
Russia
 
Posts: 473 since Apr 2011
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Bermudan Option View Post

A) Investors seeking income: Insurance Companies, Trusts, Industrial Corporations, etc
B) Business Speculators: Trading corporations, Amateur Speculators and the brokerages who execute trades for them
C) Professional Speculators: Floor Traders, Market Makers, Professional Traders, Intelligent Speculators
can do whatever they please.

Ok. I believe the barier soon will be come down)))
Group A) this is commercial traders. This is companys that produce or use products or resourses. They need hedge with good price their purchases or sales . They have insider information and all the things i mentioned before.
Group B) the Amateur Speculators and the brokerages for this group.
C) Sharks or noncommercials large traders
This view is correct from the perspective CFTC COT

all is up to us is to understand how each party show itself in the market or at least one of the partys in general.

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  #142 (permalink)
bloom
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pbylina View Post
I dont understand what you mean...

large prints are simple large transactions. Someone selling someone bying at the same time. What is care for us is the type of behavior. Agressive or passive and how market reacts to big limit orders.

To stay in short you must see large prints on the BID and prints on the ASK too. Think why you should. If you see only BIDs printing, then i give you a question. Who are from big guys in this situation is selling on ask? Answer no one. Because you do not see large prints on ask. This is means that all big boys are alredy on bid limits take theys profits. They do not want to move price lower. They became passive from agressive. Behavior has changed. also Dynamic of the trend. Probably you v saw how it changed to weak. If it is not, than you must think why there is no large prints on BID. I am alredy talk about this. Large limits are the key. Watch how thay get filled and who is filling them. Do not sit and wait until market decides for you your outcome. This is you who must decide. If you see something you afraid or didnt understand CUT YOUR POSITION. GET OUT. There are thousands of entries waiting in the future.

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  #143 (permalink)
 
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bloom View Post
large prints are simple large transactions. Someone selling someone bying at the same time. What is care for us is the type of behavior. Agressive or passive and how market reacts to big limit orders.

To stay in short you must see large prints on the BID and prints on the ASK too. Think why you should. If you see only BIDs printing, then i give you a question. Who are from big guys in this situation is selling on ask? Answer no one. Because you do not see large prints on ask. This is means that all big boys are alredy on bid limits take theys profits. They do not want to move price lower. They became passive from agressive. Behavior has changed. also Dynamic of the trend. Probably you v saw how it changed to weak. If it is not, than you must think why there is no large prints on BID. I am alredy talk about this. Large limits are the key. Watch how thay get filled and who is filling them. Do not sit and wait until market decides for you your outcome. This is you who must decide. If you see something you afraid or didnt understand CUT YOUR POSITION. GET OUT. There are thousands of entries waiting in the future.

This is absolutely key to using the Time & Sales in any of it's forms.

Great stuff Bloom & excellent English too.

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  #144 (permalink)
bloom
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DionysusToast View Post
This is absolutely key to using the Time & Sales in any of it's forms.

Great stuff Bloom & excellent English too.

Im getting better very quickly still i need some of the words translate from GOOGLE but i am glad that deep structures of thinking on english is still alive)))
Thanks

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  #145 (permalink)
 pbylina 
Chicago, IL
 
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bloom View Post
To stay in short you must see large prints on the BID and prints on the ASK too. Think why you should.

I thought about it hard. The only thing I can think of is that the BIG amount of prints that I saw at the ASK yesterday was not Pros going short with limits but it was there take profits. If it was them going short, then you would see prints at the BID, indicating that they were taking profits along the way. I think that's what happened yesterday.


Quoting 
Do not sit and wait until market decides for you your outcome. This is you who must decide. If you see something you afraid or didnt understand CUT YOUR POSITION. GET OUT. There are thousands of entries waiting in the future.

I understand. What happened yesterday was, I walked away to get some lunch. It was stupid. I thought because I saw the Huge amount of trades at the ASK and no Huge prints coming in at the BID that I was fine. Your question about why I should see big prints at the BID too, on the way down helped me really think about it. I thank you for that. If I find anything new I will share it with you to show my appreciation....I think next time if I have to eat lunch or something important(go to the bathroom), I will have ATM strategy that as soon as I'm at +5, It will place stop at breakeven and take profit at +10. These moves I have noticed that 80% of time give 10 ticks if I am right.

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  #146 (permalink)
bloom
Russia
 
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pbylina View Post
I thought about it hard. The only thing I can think of is that the BIG amount of prints that I saw at the ASK yesterday was not Pros going short with limits but it was there take profits. If it was them going short, then you would see prints at the BID, indicating that they were taking profits along the way. I think that's what happened yesterday.

I understand. What happened yesterday was, I walked away to get some lunch... I think I will do that as soon as I'm at +5, I will place stop at breakeven. And maybe take profit at +10. These moves I have noticed that 80% give me 10 ticks....If I am right.

You need a brake))) Your head full of mixed coctail)) take a brake and let it lay in your head and make some kind of structure. I have confused you with my posts. In previous post were too much topics at one time. Forget them. I wiil answer later and more constructive.
But questions, you need to think more. Change your point of view and try to look like professional. And then tell yourself what you have bin doing in this situation you asked fore.

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  #147 (permalink)
bloom
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pbylina View Post
I thought about it hard. The only thing I can think of is that the BIG amount of prints that I saw at the ASK yesterday was not Pros going short with limits but it was there take profits. If it was them going short, then you would see prints at the BID, indicating that they were taking profits along the way. I think that's what happened yesterday.

You right, now think why they take profits.
I m little tired today. Day were very nice. So much trades that i only enter and exit without a brake. Uuuuufff. Bulls are crying today.
Lunch time is now and it is a time of scalpers

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  #148 (permalink)
 pbylina 
Chicago, IL
 
Experience: None
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Trading: Euro
Posts: 212 since Nov 2010
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bloom View Post
You need a brake))) Your head full of mixed coctail)) take a brake and let it lay in your head and make some kind of structure. I have confused you with my posts. In previous post were too much topics at one time. Forget them. I wiil answer later and more constructive.
But questions, you need to think more. Change your point of view and try to look like professional. And then tell yourself what you have bin doing in this situation you asked fore.

Haha, your funny. I think i need a break too. Maybe till Monday. And I can think then. Увидимся позже. (Google переводчик)

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  #149 (permalink)
 pbylina 
Chicago, IL
 
Experience: None
Platform: NinjaTrader
Trading: Euro
Posts: 212 since Nov 2010
Thanks Given: 158
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bloom View Post
all is up to us is to understand how each party show itself in the market or at least one of the partys in general.

привет! I'm back from resting my brain. I really needed it.

I have noticed this from looking at COT charts:
1) Large Speculators try to follow the market trend exactly. (Easy to see on Euro Chart)
2) Commercials move exact opposite of the Large Speculators.
3) Crude Oil, Corn and even Euro, the small speculators are in the middle in between Large speculators and Commercials.
4) On Canadian Dollar and the Swiss Franc the Large and Small speculators are moving together.

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  #150 (permalink)
 pbylina 
Chicago, IL
 
Experience: None
Platform: NinjaTrader
Trading: Euro
Posts: 212 since Nov 2010
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bloom View Post
You right, now think why they take profits.
I m little tired today. Day were very nice. So much trades that i only enter and exit without a brake. Uuuuufff. Bulls are crying today.
Lunch time is now and it is a time of scalpers

They taking profits because the up move is over. Look what happened next day.

Hey man, give yourself a break once and a while. You trying to save up for a Lamborghini or something?(joking)

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