Spotting and profiting from trading algorithms in the futures market - The day trading room

http://www.thedaytradingroom.com/tapereading/
How I spot institutional trading algorithms in the futures market and use them to my advantage. This topic is huge with many techniques, but this intro video gives an insight into a basic strategy I use for identifying trading programs with potentially market moving orders.

Category:

Education

Tags:

• day trading
• black box
• hft
• high frequency trading
• algos
• algorithms
• trading robot
• scalping
• tape reading
• dom
• time and sales

[joshdance]

Awesome video....!! Best I've seen on algo trading and how the boxes do their thing, and great integration of the concepts with both chart and DOM!

[TheDaytradingroom]

@joshdance Thanks Josh! I'm pleased you found it useful.

[BarryWuthrich]

Thanks,

this is the best I've found on tape reading.; You should call it 'tape reading for dummies'.

Barry from Texas

[TheDaytradingroom]

@BarryWuthrich Thanks Barry for your feedback.

[ImC00LyourNOT]

Hey i was just wondering why you trade the YM over the ES? Is it easier for you to tape read the YM because it isn't as thick as the ES?

[thisucks]

thank you ! this is awesome stuff and appreciate you sharing it. tape reading has been a challenge for me and hardly get any worthy material online. Thank you!

[robertlam18]

good stuff

[talebi818]

Finally

THANK YOU!!!!