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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)

  #1361 (permalink)
bloom
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snax View Post
I see, I am just unfamiliar with the order-flow tools, I assume these skills are the types of things I've been working on (but not in an order-flow specific manner), ie, determining type of opening, day, who's in control, that sort of thing? I apologize if you meant skills more specific to order-flow than these i listed. I am just trying to understand

Yes. You absolutely correct about this. Firs of all you need to understand who is in control. So only after that you can find a PLACE to enter. And after you have a place you can use DOM techniques to enter.
THe main problem with all OF stuff on the internet - it is ALL SMALL CHUNCKS of what complete OF is.
Tape is a peace
DOM is a peace
Price action is a peace
DELTA or CLUSTER is a peace of a small peace
And everyone trying to tell you that soccer is dribling. But is not. OF is not DOM. OF is not Tape. OF is not LVLII. Of is not PRice action It is all combined together.
So Price action provides you wit a context. Tape shows you who in control within that context. Cluster shows you there the most of trapped voume is. After that Price action shows you the place to enter. And only after that tape + dom let you to enter with a small risk. And at every stage of the process you need to pay attention to different aspekts of Price Action Tape LVLII DOM and so. Than to watch and where and at what to whatch becomes more important that OF itself
Once you have a system of tools working with each other you start to see ACTUALL Order FLOw and start to see Traps and how game evolves
Before that you have segmented view making you think you see the OF.

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  #1362 (permalink)
 
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 snax 
Chicago, IL
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bloom View Post
Yes. You absolutely correct about this. Firs of all you need to understand who is in control. So only after that you can find a PLACE to enter. And after you have a place you can use DOM techniques to enter.
THe main problem with all OF stuff on the internet - it is ALL SMALL CHUNCKS of what complete OF is.
Tape is a peace
DOM is a peace
Price action is a peace
DELTA or CLUSTER is a peace of a small peace
And everyone trying to tell you that soccer is dribling. But is not. OF is not DOM. OF is not Tape. OF is not LVLII. Of is not PRice action It is all combined together.
So Price action provides you wit a context. Tape shows you who in control within that context. Cluster shows you there the most of trapped voume is. After that Price action shows you the place to enter. And only after that tape + dom let you to enter with a small risk. And at every stage of the process you need to pay attention to different aspekts of Price Action Tape LVLII DOM and so. Than to watch and where and at what to whatch becomes more important that OF itself
Once you have a system of tools working with each other you start to see ACTUALL Order FLOw and start to see Traps and how game evolves
Before that you have segmented view making you think you see the OF.

Thank you so much @bloom, this is consistent with how I see the big picture, it is a matter of improving all these separate components in time. I understand what you are saying, we are on the same page!

I kind of see it as levels of abstraction. At the most abstract is the 10000 feet view from above the market, where it has been what the profiles & charts look like structure-wise, then you can zoom into higher and higher resolution to the point of execution triggers, the lowest levels of abstraction. They all kind of stack on top of one another, some blur the lines, but each piece is extremely important.

Cheers!

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  #1363 (permalink)
bloom
Russia
 
Posts: 473 since Apr 2011
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snax View Post
Thank you so much @bloom, this is consistent with how I see the big picture, it is a matter of improving all these separate components in time. I understand what you are saying, we are on the same page!

I kind of see it as levels of abstraction. At the most abstract is the 10000 feet view from above the market, where it has been what the profiles & charts look like structure-wise, then you can zoom into higher and higher resolution to the point of execution triggers, the lowest levels of abstraction. They all kind of stack on top of one another, some blur the lines, but each piece is extremely important.

Cheers!

Yes. And the main thing that through ALL THOSE matrix levels exist few main PIVOTS. Thy are working at all stages but with different parts of this system. So those PIVOTS are actually is OF in its essence. And no way you can obtain this in one day, or week or month. You GOT TO BE GUIDED by a mentor. THis cant be told )

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  #1364 (permalink)
 
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 paps 
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snax View Post
Not asking you to give anything away, but I saw you mention excel in the past (as well as gom) in another thread. Could one begin the journey working with a simple DOM and dissecting with a spreadsheet (good data feed too of course) in order to start building a better picture of Order Flow over time?

I don't even have a DOM currently, there's a bit of inertia since I'm learning so much on just a naked bar chart and basic platform, I feel I haven't even scratched the surface of that yet, but Jigsaw is really not that expensive, for one example.

Also wanted to say thanks to @bloom, I'll start reading your journal.

@snax no what i meant about giving away is ,,,i meant really getting into nitty gritty.

you see....if you have not studied...1-10th...and you suddenly wish to be a surgeon....can you??...no its not possible. one has to have basic education in that field.
similar in trading.

now coming to your question about my comments in excel. in excel is very customized. one cannot do it...unless one already knows order flow. and knows it so well...& has studied and gone thru all...i mean all market events...including flash crashes.

my main stay is volume....i know everything there is to know about volume...but still learn stuff i am unaware off or new quant stuff. i can dissect volume...in the futures and on the overall stock market. on the DOM it becomes easier when you can spot their limits. remember i do not scalp. my methods are different from what is in this thread as i want a full move,,,,not few points.

all i was trying to say...one becomes good if they are a seeker.....if bloom said he can show stuff...one must look at his stuff..try and understand it....question with a inquisitive mind....study on their own....and then only does one achieve a elite trader status.

i wish not only you...but all here only success....

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  #1365 (permalink)
 
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 matthew28 
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bloom View Post
Ok man. What i can tell - NOT ALL US OR BRITISH THE WAY YOU ARE. Thanks to GOD

(Post #1355)

So you take insult from a post by somebody who's avatar details say they live in Australia, and use that to insult the British?


bloom View Post
Dont waste your time with your nationalism here. iT is international resource.
.........DOnt try to reverse things and tell that one nation is better than the other. THis makes you look like not good.

(Post #1356)

May be you should practice what you preach.

You do not win as a trader, you just get to play again the next day. If that game doesn’t appeal to you then you should not trade. Gary Norden
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  #1366 (permalink)
bloom
Russia
 
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matthew28 View Post
(Post #1355)

So you take insult from a post by somebody who's avatar details say they live in Australia, and use that to insult the British?


(Post #1356)

May be you should practice what you preach.

everyone who has english as a native language are britis for me. Yes. Every nation has a scum - even British. Russians too. But not all Russians or Brithis are scum.
I do not know how you saw that than i am saying good about british i am insulting em. ANyway i see i got to say that FIO comed a long way to this state. Which makes me luagh.
Not a place for peoples who think anymore.
Twitter i suppose ))))

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  #1367 (permalink)
bloom
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paps View Post
@snax no what i meant about giving away is ,,,i meant really getting into nitty gritty.

you see....if you have not studied...1-10th...and you suddenly wish to be a surgeon....can you??...no its not possible.

100%


paps View Post
all i was trying to say...one becomes good if they are a seeker.....if bloom said he can show stuff...one must look at his stuff..try and understand it....question with a inquisitive mind....study on their own....and then only does one achieve a elite trader status.

100%

i suppose i will not show this. I can point in to a direction where to go if anyone willing to ask, DM me.
If this forum will continue to show it goes to a twitter state - no point of my interest of staying here.
@paps - thank you for you wisdom.

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  #1368 (permalink)
 
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 matthew28 
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bloom View Post
I do not know how you saw that than i am saying good about british i am insulting em.

Reading your reply I realise I misread your original post. You wrote "Ok man. What i can tell - NOT ALL US OR BRITISH THE WAY YOU ARE. Thanks to GOD". I read it as saying/meaning 'not all us are British the way you are. Thanks to God.'
Apologies.

You do not win as a trader, you just get to play again the next day. If that game doesn’t appeal to you then you should not trade. Gary Norden
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  #1369 (permalink)
 Grantx 
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paps View Post
i know everything there is to know about volume...but still learn stuff i am unaware off
.

Classic.
You deserve a raspberry for possibly the dumbest statement of the year so far.

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  #1370 (permalink)
 
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 paps 
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Grantx View Post
Classic.
You deserve a raspberry for possibly the dumbest statement of the year so far.

thanks....lol...dont take it literally.... but u r great.....loved the sense of humor

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