Folks-
Every couple of weeks, I publish original orderflow educational content to promote tape reading and price action based strategies.
For the brand new readers, here are a few important posts that the readers should become conversant with.
My main trading style is Price action and orderflow with very little to no charts and I wanted to create a micro site with these concepts for others who have similar style or starting out. I started documenting the foundational stuff which will mature and get more complex to the microstructure/DOM level as we go along.
Added on 1/31: my main way of not trading against trend and extreme momentum. That is the Tic TOP indicator. Code below for both Think or Swim and Trading view.
Added on 1/16:
Intro to DOM (tape): 1st steps towards mastering tape reading.
A sample of execution : tried to answer few questions on how to leverage the levels.
Added on 1/2: mindset is very important when you do have that inevitable loss. Based on your psychology at that time, you may be able to dig out of it, or dig even deeper.
Older Posts:
Terms, Definitions, Basic Concepts
How I measure and Trade Momentum
The goal is to progressively increase the complexity and end the year with DOM, Delta, Microstructure level concepts. But first the foundational stuff :)
Feel free to share with like minded order flow and price action traders.
~ Tic
Disclaimer: This newsletter is not trading or investment advice, but for general informational purposes only. This newsletter represents my personal opinions which I am sharing publicly as my personal blog. Futures, stocks, bonds trading of any kind involves a lot of risk. No guarantee of any profit whatsoever is made. In fact, you may lose everything you have. So be very careful. I guarantee no profit whatsoever, You assume the entire cost and risk of any trading or investing activities you choose to undertake. You are solely responsible for making your own investment decisions. Owners/authors of this newsletter, its representatives, its principals, its moderators and its members, are NOT registered as securities broker-dealers or investment advisors either with the U.S. Securities and Exchange Commission, CFTC or with any other securities/regulatory authority. Consult with a registered investment advisor, broker-dealer, and/or financial advisor. Reading and using this newsletter or any of my publications, you are agreeing to these terms. Any screenshots used here are the courtesy of Ninja Trader, Think or Swim and/or Jigsaw. I am just an end
Thank you Tic. Until now, I focused on technical charts and would like to learn Tape reading. I am so glad my GURU is teaching this. Did you suggest us any good software/service that we need to purchase to look at the tape reading? I would like to watch it for few weeks or months to understand it better.
Treasure trove!