Trading Time and Sales

[YiDog21]

what about the other colors like white, or white with green background and white with red background

[LeoZodiac77]

I'm on my way now to becoming a consistently profitable trader and i just wanted to share my story with other aspiring traders..i believe in Karma and wish nothing but the best to those that want to make a living trading the mkts. Its the hardest job in the world but yet the most gratifying and not just on a financial level--but emotional and psychological.

Best of luck!!

[Cameosis]

@LeoZodiac77 you believe in Karma in the competitive, zero-sum world of trading? Interesting belief. Hope it works for ya.

Good video, just trying to completely grasp Lvl ii's and T&S. Thanks for sharing OP

[LeoZodiac77]

All those indicators are derived from price action--meaning they are lagging. The only one i use the RSI based on the 10 day avg with the upper/lower levels at 70 and 20--during bear mkts u change the lower band to 20 from 30. It may sound crazy but once u color code the prints..wow..the blindfold will be taken off!! just use it in tandem with price levels and WATCH..watch how the box reacts.

[LeoZodiac77]

I guess you could say I had an Eureka moment!!! Now that the prints were color coded I could see!! I could see the connection with the Level II box..I could see how price acted at important price levels, eg the opening price, previous day's closing price and the pivot points--where on the 15 min chart. It was all so clear now.

Once you can connected all 3---The Chart, the Level II box and the prints you are way ahead of everyone else.

[LeoZodiac77]

I blew up my my ac 2 months ago..but then as now i was NEVER ready to give up. That's not an option. I knew there was something missing..little did i know how small of a change it was.

After blowing up my ac..i went home and practiced some more on the blackwood demo--which came with the prints color coded. I set up my plantform exactly as i had it at work. EVERYTHING was the same..except now the prints were color coded. After reading the manual and understanding what the colors meant..

[LeoZodiac77]

I work at a daytrading firm n have been at it for about a yr now. i would obsess about the charts, pivot points, different time frame(s) and technical indicators, i.e. stochastics, linear regression, etc. But yet i could never truly see or understand the breakouts/breakdowns. I would stare at the level II box and prints --which were NOT color coded--they were white n black!!--and just could not make the connection. Worst yet the head trader never suggested color coding the prints!!

[luckyload3r]

i've watched this thing for 2 years and it's the best tool a trader can have, honestly, you can tell if a trend day is actually strong or not, you can scalp a few inefficiencies here and there....above all you can read order flow

[ForbiddingDurian]

thanks a lot....

i need this lesson

[InformedTrades]

You're very welcome glad to hear it helped you out :)

-Brendan

[pjblabla]

good explaination

[InformedTrades]

Hey Pjblabla,

 Thanks we're glad you like it!

-Brendan