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[amibroker] Tape Reading,



PureBytes Links

Trading Reference Links

Hello Brian_z,

One of the best 'tape reading' "Guru's" I have come across is Hubert Senters
at Trade the Markets here in the US. He has many tutorials at the site with
more than a hand full of different patterns to look for. Sign up for the $5
beginners membership thingee and look in the past stuff. Tape reading is
harder then expected. 

I followed it for awhile but have gone on to other things.

As usual no vested interest in the above. 


Regards,


Jerry Gress
Stockton, Ca.

-----Original Message-----
From: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx] On Behalf
Of brian_z111
Sent: Thursday, July 31, 2008 6:21 AM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] Re: Anyone actually making money?

Hello Sidhartha,

> learn everything you can
> about the old tape reading skills

I've seen the term used in books.
How does it relate to trading now?
Whats the technique?

brian_z
--- In amibroker@xxxxxxxxxxxxxxx, "sidhartha70" <sidhartha70@xxx> 
wrote:
>
> Louis,
> 
> Here's my tip... worth it's weight in gold. I've been doing this 
for a
> long time...
> 
> Stop looking for the holy grail system... learn everything you can
> about trendlines, support & resistance and the old tape reading 
skills
> and you will be miles ahead of 'system developers' in terms of
> actually understanding the markets and becoming a better trader.
> 
> Too many people spend far too much time trying to develop a 'system'
> rather than becoming a better trader.
> 
> --- In amibroker@xxxxxxxxxxxxxxx, "Louis P." <rockprog80@> wrote:
> >
> > Hi,
> > 
> > I was only wondering...  Anyone actually making money or making a 
living
> > with AB and trading?
> > 
> > I've been working on ideas and plans for over 7 months now and
> didn't find
> > anything convincing yet.  I've been searching daily data, then 
hourly,
> > 15-minute and now I am into 1-minute data and nothing seems 
satisfying.
> > Been searching RSI, MFI, ADX, MA, HHV, LLV... nothing seems to 
work.
> > 
> > So... Anyone is making consistent money with this, and if so, at 
which
> > timeframe and how do you do it?
> > 
> > I'm beginning to think about switching to tick database; it seems 
even
> > 1-minute is too slow for intraday trading.  Anyone making money 
with
> > 1-minute?
> > 
> > Thanks,
> > 
> > Louis
> >
>



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