Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Absolutely. There is an old adage of the mean reversion. So the 50% of the tape is my bias level. Another good tape example. More buyers just walked in @1950.50 if on Monday 1950.50 is not able to hold the price. Then the price should retest 1945.00, 1943.00 since that is where earlier buyers came from. And the lower levels would be @ 1937.75 and 1932.50
so let me ask you this , what do you think will improve your entry
i trade volume profile with the tape and some market internals
maybe adding indication such as market internal can help you refine your entry
BTW how you guys taking the hot days in Newport its very hot here in SD
Was thinking today to have a 30min trigger entry or maybe even a 20min tape. Will have to dance with that idea over the weekend. The net volume indicator does read the contracts very nicely. Maybe on the smaller time frame would pin point better trigger.
It's a tropical thunder over here we have had a 100 degree weather this whole week! Very nice. Good solid arthritis weather.
i think you should refine your entries
a VERY good resource will be Jigsaw trading they got hours of free education about reading the tape
i think this will help you refine your entry
as i see it you can utilize the orderflow with your system