[evroom1]

I have run into a guy who claims to trade without the use of a chart. Just pure price. On only one axis. From this he claims to be able to see support and resistance from which he sets his trades.
My question is " Is this even Possible ?" This method is more than just tape reading or some Gann method I believe.
Can anyone shed any light on the subject.

[brownsfan019]

He should offer a real-time trial so you can see if it in action, so give it a try and see what you think. Just make sure he's doing it in REAL-TIME. After the fact stuff is useless.

If no trial, then run far away.

If not done in real-time, run far away.

[evroom1]

Thanks Mr Browns At the moment he is doing it in real time and not charging a thing. But you know how that can sometimes go. He never gives all the details of the setup but the calls are good and work 90 % of the time. I can trade so I can cross check the entry in real time. I also can tell what method a good trader is using by about the third call. This guy is different in that he claims no charts no nothing just the use of a dome. His numbers are always sharper than mine and way better than the average trader pivots, support and resistance, etc. In fact you probably have to be a good trader to even understand what he is doing. I have seen a [very] few trade without a chart with the numbers transfered to an excel sheet and they had nowhere near the results of this guy.
Please do not write off the thread. I have been scamed enought during my trading life this not the same.

[brownsfan019]

Take the trial and report back to us.

[JEHs]

It's certainly possible. Before charts were available and computers were everywhere, the tape readers did it all with just price printed out on the tape.
Jesse Livermore didn't use charts.

[daedalus]

Tape reading is very possible. Hubert from TTM used to post up videos on it. In fact Soultrader has a few videos on this site about tape reading.

My problem was I could never quite get exactly how to apply it and there really is not a lot of information on the internet about it (believe me i've looked and it lead me to the videos i've already mentioned).

The other thing is that I feel its going to become a "dead art" very soon. With all the new flash orders and lot breakups and even the change in CME reporting of contract volume the patterns and clues just aren't there like they used to be and I feel this trend will only continue and worsen.

[AgeKay]

It's certainly possible. I can trade without a chart. You can learn how to do it if you search for "".

Originally Posted by evroom1 »

Thanks Mr Browns At the moment he is doing it in real time and not charging a thing. But you know how that can sometimes go. He never gives all the details of the setup but the calls are good and work 90 % of the time. I can trade so I can cross check the entry in real time. I also can tell what method a good trader is using by about the third call. This guy is different in that he claims no charts no nothing just the use of a dome. His numbers are always sharper than mine and way better than the average trader pivots, support and resistance, etc. In fact you probably have to be a good trader to even understand what he is doing. I have seen a [very] few trade without a chart with the numbers transfered to an excel sheet and they had nowhere near the results of this guy.
Please do not write off the thread. I have been scamed enought during my trading life this not the same.

Seems to me that you are just waiting for some one to ask you who that guy is so you can promote his services. If that's what your after, then be aware that you'll be banned quickly.

[evroom1]

LOL no I am not looking to promote anyone's service. But it was hard not to notice that in your reply you did. I guess do as I say not as I do. Believe it or not I am just looking for information on how to do it without paying to fine out it is not possible for day trading. I know it is possible for swing and longer term trading. All the pre computer traders did it. Day trading is another story.

Thanks for letting me know the rules.