Learning tape reading

[shatztrader]

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

 

[TAjammy]

show what?

 

[TAjammy]

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

 

[shatztrader]

show what?

that you can still scalp time and sales using scalp breakouts
can you do it?

 

[TAjammy]

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

 

[TAjammy]

eurusd on the dailies is a short- will pull back to 50 EMA

 

[pedro01]

Am I the only one that thinks this thread is a wind-up ?

 

[Masquerade]

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.

 

[timsk]

Am I the only one that thinks this thread is a wind-up ?

No Pete, you're not, just as I'm not the only one that thinks he's a lot older than 15.

 

[TAjammy]

lol, i'll take that as a compliment.

 

[TAjammy]

No Pete, you're not, just as I'm not the only one that thinks he's a lot older than 15.

why do you say that?

 

[Technically Fundamental]

Whats the commission on live mini es futures through ninja zen?

 

[TAjammy]

o dont know because it's demo, im not demo trading because it doesnt take into account that price has to move one point from your limit to get filled so i don't bother.
I was looking at global futures which has $300 emini YM ES NQ margins, for $1,86 RT on YM which is what im focusing on, with $50/month platform fee (gs trader )

school has started so i won't6 be posting too much

 

[pedro01]

o dont know because it's demo, im not demo trading because it doesnt take into account that price has to move one point from your limit to get filled so i don't bother.
I was looking at global futures which has $300 emini YM ES NQ margins, for $1,86 RT on YM which is what im focusing on, with $50/month platform fee (gs trader )

school has started so i won't6 be posting too much

Enjoy puberty - it's a riot !

 

[TAjammy]

overnight spots ftl!

 

[timsk]

why do you say that?

Because you're too knowledgable and articulate. Not that there aren't knowledgable and articulate 15 year olds around; of course there are, obviously. But, it's an indicator. The probability is that you're older. However, the real clincher is that you don't grunt incomprehensibly and say 'innit' or 'wotever' all the time.

 

[TAjammy]

hah, thanks mate but honestly- if you have skype i will talk to you , my voice is pretty deep tho but 'wotever'

 

[Technically Fundamental]

why do you say that?

because you are halotrader

 

[TAjammy]

lololololol i think not, know not, come on skype then ?!!?!?

 

[Technically Fundamental]

thats what he used to say