NexusFi: Find Your Edge


Home Menu

 





T&S and Level II


Discussion in Traders Hideout

Updated
    1. trending_up 2,877 views
    2. thumb_up 3 thanks given
    3. group 2 followers
    1. forum 2 posts
    2. attach_file 0 attachments




 
Search this Thread

T&S and Level II

  #1 (permalink)
 ollivermilton 
Linz / Austria
 
Experience: Intermediate
Platform: Ninja Trader
Trading: TF, ES, Currency Futures
Posts: 106 since Oct 2011
Thanks Given: 131
Thanks Received: 76

hi everybody!
--
in my trading journey i discover almost daily things that i have no clue of... as most of you, when finding a topic, i try to understand it and maybe add the things of value into the trading...
--
it may sound a little embarrising but here is my topic...
--
i know how prices are made in trading financial instruments. i do understand the principals and the math and the orderflow details behind it but, here it comes, i dont know how to read and interpret T&S and especially level II correctly. i am using NT and all i see is colors... red, gold, blue, pink etc...
--
i opend today, while watching the TF, T&S window and level II in ninja trader and all i can see is colored lines und numbers which are moving fast. but my brain is not able to make a clue out of it.
i googled for while but i dont really find usefull informations...
--
can someone provide me or recommand me a book where this stuff is explained for 6 year old kids... when i am watching level 2 i feel like i get smashed by information...
or maybe someone knows a good videotutorial on how to read level 2 etc. correctly...
--
thx for your help!


Visit my NexusFi Trade Journal Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Better Renko Gaps
The Elite Circle
Trade idea based off three indicators.
Traders Hideout
Quant vue
Trading Reviews and Vendors
REcommedations for programming help
Sierra Chart
 
  #3 (permalink)
 
Xav1029's Avatar
 Xav1029 
Tampa, FL
 
Experience: Beginner
Platform: NinjaTrader, Sierra Chart
Broker: Mirus Futures/Zen-Fire
Trading: 6E, M6E, 6J
Posts: 1,375 since Dec 2011
Thanks Given: 1,452
Thanks Received: 3,377



ollivermilton View Post
hi everybody!
--
in my trading journey i discover almost daily things that i have no clue of... as most of you, when finding a topic, i try to understand it and maybe add the things of value into the trading...
--
it may sound a little embarrising but here is my topic...
--
i know how prices are made in trading financial instruments. i do understand the principals and the math and the orderflow details behind it but, here it comes, i dont know how to read and interpret T&S and especially level II correctly. i am using NT and all i see is colors... red, gold, blue, pink etc...
--
i opend today, while watching the TF, T&S window and level II in ninja trader and all i can see is colored lines und numbers which are moving fast. but my brain is not able to make a clue out of it.
i googled for while but i dont really find usefull informations...
--
can someone provide me or recommand me a book where this stuff is explained for 6 year old kids... when i am watching level 2 i feel like i get smashed by information...
or maybe someone knows a good videotutorial on how to read level 2 etc. correctly...
--
thx for your help!








That should get you going

London Calling
Visit my NexusFi Trade Journal Reply With Quote




Last Updated on January 28, 2013


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts