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Hi chas...I'm glad the charts were interesting for you. I don't take trades that bounce off support and resistance. The reason I don't,is because, when I'm wrong and price does break thru S/R ,the market has a tendency to move very quickly. I know a guy who likes to do...

Hi ron...I understand what you're saying and I respect that. I just think that most people, when they hear the term tape reading, they have in their mind an old man standing by his walnut desk in his plush office with a glass globe...

Hi ronb...I knew some would disagree with me,and that's why I added a quote from someone who many feel, knows what he's talking about.

Hi cwb...be happy to help. We'll start with Tick/Diff... Tick/Diff means "tick difference". When the yellow bar is going up, this means the bulls are in control. When the yellow bar is going down, bears are in control. I should point out that tick...

Hi JustStarted...Actually, most people don't realize that anyone who watches price action on a monitor is reading the tape. As Jack Schwager puts it, a tape reader is..."A trader who attempts to predict impending market direction by monitoring...

I'll never forget my first profitable trade, either. It was a great feeling. :D

I'm not sure how esignal does it thing, but since you are in Germany and the data originates from the U.S, I could understand how you might have some "tick" discrepancies. It's kind of amazing you can get real/time data at all, going over land and sea. Anyway...

Hi rhtarp...(big fan of your dad) :) I see your point. To me, because I trade 100T charts like this day after day, for me this is a sell. To you or daniel_m, this might be a weekly chart giving you a Gann "buy" or something. I guess I should have said this is...

Hey ADX...Yea, that's normal. I use esignal for data and IB for order entry. In a fast market there will usually be a tick or 2 discrepancy. That's nothing compared to the old days. Years ago when I had my 386 Sx55mhz, I got my quotes through FM radio...

100T...

Yes, but you're not going to get perfect, flawless data. For example, say you are using a 100 tick chart - you have decided, for whatever reason, that this is what works for your indicators and signals. Don't you need to know that you are getting all 100 ticks? If not, as you move...

Second gif...

Hi rickty...I'm not sure why aphexcoil likes tick charts. But, I can show you why I like them. I think the trend is much easier to see with 100T charts. The first gif is a 3min chart from 8:30 to 9:20 The second gif is a 100T chart from 8:30 to 9:20

Hi Quah...I've noticed you've had several posts with concerns about the accuracy of tick charts. It's not really that big a deal, man. Nothings perfect...sure, you'll miss a few ticks hear and there, and my chart won't look exactly like yours even if we both use the...

Sounds Great...But, I'll tell you what. You can have the coffee and casinos. I'll meet you in the red light area. :D

Damn Gordon...you're such a downer dude...LOL (just kiddin) If you just must know...I masterfully manipulated my way through those breakouts and scratched. Any other questions...my disciple :D

Oh Yeah!...

I'm not sure if this is the same thing you're looking for, but this guy trades something he calls a slingshot. It looks like they're just pullbacks. www.dacharts.com/archives/2X/Slingshot_Examples/

Hey Gordon...I think it's fair to say that these stocks are in a down trend. I'm pretty much a believer in the old saying... "The Trend is Your Friend", so, if my system tester told me to go long, I'd probably pass. And as far as shorting those stocks at the close, I can't...

LOL...I know the feeling