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Learning tape reading

This is a discussion on Learning tape reading within the Trading Journals forums, part of the Start Here category; Originally Posted by TAjammy well you can laugh at my many aliases over the interwebz but the point remains that ...

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Old Aug 31, 2009, 4:58pm   #121
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Re: Learning tape reading
Quote:
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well you can laugh at my many aliases over the interwebz but the point remains that you can still scalp time and sales using scalp breakouts
show me/us
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Old Aug 31, 2009, 5:06pm   #122
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Re: Learning tape reading
TAjammy started this thread show what?
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Old Aug 31, 2009, 5:13pm   #123
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Re: Learning tape reading
TAjammy started this thread ok in this picture - just taken there the tape is verrrrrrrrry slow as its overnight session, but we can still see support at 1020.25 and resistance at 1020.50

according to my rules it may breakout 2-3 ticks once it breaks out past one of these ...let's see

my guess fromthe chart is that it breaks out upwards
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Old Aug 31, 2009, 5:13pm   #124
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Re: Learning tape reading
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show what?
that you can still scalp time and sales using scalp breakouts
can you do it?
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Old Aug 31, 2009, 5:18pm   #125
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Re: Learning tape reading
TAjammy started this thread i don't know if i can do it on the overnight session, very slow . i'll post pictures of scalp breakouts tomorrow when the tape is much faster-these breakouts obviously work better during the day.

The scalp did break to .75 and stayed there for a minute, then went back down to .50
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Old Aug 31, 2009, 5:48pm   #126
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Re: Learning tape reading
TAjammy started this thread eurusd on the dailies is a short- will pull back to 50 EMA
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Old Aug 31, 2009, 8:14pm   #127
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Re: Learning tape reading
Am I the only one that thinks this thread is a wind-up ?
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Old Aug 31, 2009, 9:03pm   #128
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Re: Learning tape reading
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Am I the only one that thinks this thread is a wind-up ?
shh...it's funny as hell - it gets more and more ridiculous.

I bet it's Trader Dante messing about.
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Thanks! The post above is recommended by: Technically Fundamental
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