Recent content by techy

I've finally subcribed up to Algodaytrader.com and they are really helpful. I like their strategies and it seems to be really effective yet, so simple. Any who prefers technical's over fundamentals should check these guys out!!

Hi, I've been trading on a demo account with CQG trader, along with Pro Real Time charts for quite a while, and now I feel ready to open a live account. :clap: However, having looked at CQG's subscription, it costs way more than I expected it would cost per month. Do you know any other...

Thank you, I appreciate your help. The prop firm mainly focuses on currencies, but little of German bund and S&P e-mini (all futures). Although the firm concentrates on technical analysis, they heavily follow the fundamental side of trading, but I prefer technical (easier :D).

Sorry, Whats baby pips?

Has anyone ever came across the site algodaytrader.com. If so what are you thoughts on this site that teaches how to trade?

Thanks

I'm not working for a prop firm, I'm learning off of one from home (through an online chat room). I don't feel like I'm getting anywhere and I have been directed through a friend who trades for a living to check Algodaytrader .com out as this is where he learned from.

Hi, At the moment I'm learning to trade under a prop trading firm for 4 months and I don't feel convinced that I'll be taught what I need to know to trade profitable consistently. Having talked to a friend who trades for a living, he recommended this site called Algodaytrader.com. They offer...

Sorry, im a little confused. What do you mean that somebody big is absorbing all the buying and that buyers are stuck long so they start hitting the offer? I mean, if one saw big sizes in buying on the tape would that encourage a trader to go long as well as many others have gone long on big...

Hi, thanks for your comment. In prop firms, as they focus on intraday moves he said that they use Tape readings in order to predict the movement of the day (rising/falling) based upon strength on certain buying and selling moves repeatedly made from the market.

Hi, Reading through Mike Bellafiore's book 'One Good Trade' he covers one chapter on the importance of tape reading. However, what I'm particularly interested in is how many people in this forum, of whom trade of course, actually use this approach in becoming profitable. Of those that use it...