[Tape Reading Video: Big Guys vs Little Guys]

[Soultrader 12]

This is a tape reading video taken from Jan. 17, 2007. A great example of tape action concerning Big Guys vs Little Guys.

 

CLICK HERE TO VIEW VIDEO

Edited February 2, 2009 by Soultrader

[matdog 10]

Excellent video. thank you for sharing with us.

[TinGull 10]

Yes, I forgot to mention it here...awesome video!

[traderbong 10]

Great stuff. As always, thanks for sharing James.

[nicknextmove 10]

This link was given out today during a CBOT webinar by Hubert Senters:

 

Tape Reading video by Hubert

[carter 10]

Thanks for the link nick. Hubert is an excellent tape reader. Amazing.

[Soultrader 12]

Yea great video. Ive been watching a couple of Huberts tape reading videos in the past. A very skilled tape reader.

[nicknextmove 10]

Here is the PDF from the seminar:

Market Internals and Tape Reading.pdf

[keymoo 10]

Great videos thanks.

[Anonymous 11]

This link was given out today during a CBOT webinar by Hubert Senters:

 

Tape Reading video by Hubert

 

 

Wow. That was very nice. So this what your typical small trader is up against, huh? You better believe that the noise level did not jump because RSI moved above 80, or because two moving averages crossed. The market truly is an auction.

 

Auction Market Theory, Market Profile/Pivot Profile/Tape Reading/VSA these are the areas where the little guy can get his edge. Thanks.

[Soultrader 12]

I went over Huberts video again. I found one thing particularily interesting that I never thought of. Hubert mentions the base off the tape. He is referring to the buy/selling interest at a certain price level. In the video we saw a buying base formed... shown by a nice line of tape at a single price level. Once this base was broken, price fell right through.

 

Very interesting in my opinion.

[TinGull 10]

I dont understand the term "token". Might someone explain?

 

Thanks!

[Soultrader 12]

Hubert is referring to token as the bracket high or low. Its similar to the method I use when I try to bracket the tape looking for short term resistance and support. Once the support is broken, you dont want the tape to show prints above it, etc..

[matdog 10]

in hub's video, if there is up movement, say 12519, 19, 19, 20, 20,20, 20, 21 ,21 ,21 ,21 ,22, 22, 22, 23 ,23 ,23 ,23 ,24, 23,21, 21,20 ,20, 19, then move low. in there 24 is the token prints. when hub see the token print, he usually will think the prices will go to oppsite direction.

[nicknextmove 10]

Well - call me the doubting Thomas - but I think the background noise had a role to play in his tape reading skill/ability.

 

Too bad that service costs $150 p.m. Is anything cheap these days ?

 

Google where art thou - I wouldn't mind the adds if I got the service free

[Soultrader 12]

Hi nick,

 

I have a discount link available for half price. Pm me if you need it.

[torero 10]

soul, how did you get the T&S to have 10 lots of greater on TS? Been busting my head and can´t do it. Thanks.

[torero 10]

never mind, I got it to work now, format the T&S window, duh!

 

I´m going to set it up just like yours, one window under 10 lots and one ove 10 lots and see how it goes. I´ll record it again today but I´ll divide them into 30 minute segment so it´ll be easier to upload and view.

[torero 10]

This link was given out today during a CBOT webinar by Hubert Senters:

 

Tape Reading video by Hubert

 

Does anyone have any more videos from this guy? Amazing (not to mention funny!) piece of work. Learned alot.

[matdog 10]

hey, torero you can sign up hubert first two weeks memebership for 5 bucks. and watch all his video. that would be the cheapest way.

[nicknextmove 10]

Does anyone have any more videos from this guy? Amazing (not to mention funny!) piece of work. Learned alot.

 

3 Trades You should have caught Today (18th)

 

I have more on my hard drive - will post when I have the time.

[notouch 10]

Hubert seems to be happy to follow the little guys whereas Soultrader is waiting for the big guys (just comparing the two videos on this thread). If it's a choice between following a bunch of 1 lot traders and following Goldman, I know who I'll follow.

 

I've learned so much from your videos, thanks a lot Soultrader.

[torero 10]

3 Trades You should have caught Today (18th)

 

I have more on my hard drive - will post when I have the time.

 

Excellent, nick! I appreciate your sharing this, I'm very interested now. I really enjoy listening to this guy, reminded of a friend who was from the South, funniest guy I ever met.

[nicknextmove 10]

Part1: HowToBuyAPullBack

 

Download Part1 from MEGAUPLOAD

 

Download and unpack the zip file. Then double click on the training04132006hs-0.html file.

[nicknextmove 10]

Part2: How To Use Pit Noise Internals And Tape To Gauge If It Will Continue

 

Download Part2 from MEGAUPLOAD

 

 

Download and unpack the zip file. Then double click on the training04132006hs-1.html file.