Are Tick and Trin important tools for scalping? - Trading-Lab

scalper · #1 07-09-2007, 05:12 PM

hello all,

I read in a book that the Tick and Trin indicators can be used as very valuable tools for scalping. Does anyone use them in their scalping strategy at all?

thanks in advance

scalper

BlueChips · #2 07-11-2007, 07:30 PM

I scalp mainly listed stocks. I watch the TICK and TRIN of the NYSE very closely, but I pay more attention to bid/ask, size, and depth. In other words, tape reading. Try putting them in your software and watch how they interact with stock prices.

BottomPicking · #3 07-13-2007, 05:55 PM

you can get the real time value of the TICK and TRIN on most charting packages (Esignal, etc).

scalper · #4 07-20-2007, 01:03 PM

thanks guys. Yes, I found TICK and TRIN symbols for Esignal and I now follow them during live trading. Trying to ge the hang of it.

Alchemist · #5 07-30-2007, 06:39 PM

TICK and TRIN as other indicators are nice tools. However, don't neglect other more important trading concepts among which are price and volume analysis.

And don't forget to read http://www.trading-lab.com/forums/tr...imple-t81.html

TapeReader · #6 07-30-2007, 08:13 PM

if you can read volume, you are set. Volume analysis tells a lot more than any indicator ever will.

scalper · #7 08-06-2007, 05:22 PM

Quote:

Originally Posted by TapeReader

if you can read volume, you are set. Volume analysis tells a lot more than any indicator ever will.

hi tapereader,

can you provide a few resources where I can learn the basics of volume analysis? Thanks

TapeReader · #8 08-23-2007, 04:25 PM

hello scalper,

here are a couple of links to get you started

https://www.traderspress.com/categor...h+Categ ories
http://www.marketvolume.com/content/...t_oversold.asp

The book Profits in Volume is very good.......

hope this helps

scalper · #9 08-24-2007, 03:47 PM

thanks for the links tapereader.

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#1 07-09-2007, 05:12 PM
scalper Junior Member Join Date: Jun 2007 Posts: 29	Are Tick and Trin important tools for scalping? hello all, I read in a book that the Tick and Trin indicators can be used as very valuable tools for scalping. Does anyone use them in their scalping strategy at all? thanks in advance scalper

#2 07-11-2007, 07:30 PM
BlueChips Member Join Date: Jul 2007 Posts: 49	I scalp mainly listed stocks. I watch the TICK and TRIN of the NYSE very closely, but I pay more attention to bid/ask, size, and depth. In other words, tape reading. Try putting them in your software and watch how they interact with stock prices.

#3 07-13-2007, 05:55 PM
BottomPicking Junior Member Join Date: Jul 2007 Posts: 10	you can get the real time value of the TICK and TRIN on most charting packages (Esignal, etc).

#4 07-20-2007, 01:03 PM
scalper Junior Member Join Date: Jun 2007 Posts: 29	thanks guys. Yes, I found TICK and TRIN symbols for Esignal and I now follow them during live trading. Trying to ge the hang of it. __________________ scalper

#5 07-30-2007, 06:39 PM
Alchemist founder of Trading-Lab Join Date: May 2007 Location: New York, NY Posts: 296	TICK and TRIN as other indicators are nice tools. However, don't neglect other more important trading concepts among which are price and volume analysis. And don't forget to read http://www.trading-lab.com/forums/tr...imple-t81.html __________________ Happy Trading!

#6 07-30-2007, 08:13 PM
TapeReader Member Join Date: Jun 2007 Posts: 37	if you can read volume, you are set. Volume analysis tells a lot more than any indicator ever will. __________________ A lonely trader

#8 08-23-2007, 04:25 PM
TapeReader Member Join Date: Jun 2007 Posts: 37	hello scalper, here are a couple of links to get you started https://www.traderspress.com/categor...h+Categ ories http://www.marketvolume.com/content/...t_oversold.asp The book Profits in Volume is very good....... hope this helps __________________ A lonely trader

#9 08-24-2007, 03:47 PM
scalper Junior Member Join Date: Jun 2007 Posts: 29	thanks for the links tapereader. __________________ scalper