Jump to content

Leaderboard

Popular Content

Showing content with the highest reputation on 04/26/15 in all areas

  1. Tape Reading: Learn how to read the tape for day trading English | .MP4 | h264, yuv420p, 480x360, 119 kb/s, 24.00 fps | aac, 44100 Hz, 2 ch| 1.06 Gb Genre: eLearning Ever wanted to know what the "secret sauce" hedge fund traders use? Ever wanted to know what these crazy rich day traders are doing to make money every day? Well, here is the answer! They simply understand how to read the tape. There is no secret sauce, but rather a technique that has been around since the market was founded. It is not a "secret sauce" or master powerful trading system, but just the basic understanding of how to read the time and sales. So, what is tape reading and how is it going to make me money? Tape reading is the art of studying pure and magnified price action real time based on the Level II box. Using the tape you are able to gauge players psychology and iMbalances in supply and demand. Reading the tape is a leading indicator, not like charts and indicators where they are based on past data. Tape reading is an important skill to master as an intraday trader because it allows you to see real time where there is buying and selling going on at level. This is also a very important skill because it will improve you efficiency, risk/reward ratio, and it will allow you to catch larger moves all while allowing you to take on the least amount of risk possible. Tape reading is your edge and will put ahead of many other traders that think technical analysis is the only thing they should know. The advantages of reading the tape are that it brings consistency to your trading, it is a leading indicator, you are able to see buyers/sellers in real time, it minimizes your trading risk and it gets you in more plays that the charts don't show you. Finally, reading the tape is about analysis the bid, offer, size, volume, and prints. With reading the tape you will be able to determine where the stock is going to move 90% of the time. Code: http://www.uploadable.ch/file/UE6rBResywCy/Tape_Reading.part1.rar http://www.uploadable.ch/file/cMHq9tq9TMDA/Tape_Reading.part2.rar http://www.uploadable.ch/file/VMWGcJubhM7x/Tape_Reading.part3.rar http://www.uploadable.ch/file/3qp7GcTzM8wJ/Tape_Reading.part4.rar http://www.uploadable.ch/file/4mZZ6hRhjSaT/Tape_Reading.part5.rar Credit to original uploader
    1 point
  2. Admis, would you like to educate this nice piece of software? They trade the ES only here is the companies website http://jbakeranalytics.com/ I am in the trial and here is the indicators https://www.sendspace.com/file/pdr9x0 if you can, thanks in advance
    1 point
  3. KING is now available in the Ninjatrader forum of Trading Platform thanks to wrx74 and admis. It's for the NT7 platform.
    1 point
×
×
  • Create New...