For directions on how to get the paltalk password and more, please click here:



Welcome to DTU's Live AudioCast Active Traders' Seminar
Time: 2 hrs
Start: 12 Noon EST
End: 2pm EST

Learning Points:

1) Next to spotting breakout rallies with time and sales, learning how to recognize when the trend is fading, volume is drying up, is an essential professional trading skill

2) You must use time and sales in combination with sector, trin, 1-minute candlestick, and other market internals indicators to spot trading patterns of value.

3) Pivots and Reversals: Spotting these using time and sales requires you to be able to see New incoming Volume in the pivot direction. Daytrading University's Large-Blocks & tape-speed approach is applicable.

4) Entering pivots/fades: Tape: Must learn to differentiate between exiting initial position trades from new incoming pivot trades in the tape. Plus know the chart: looking for at least 2 counter 1-min candles in a row (eg two red candles following sharp move up, or two green candles following sharp move down, to edge of average intraday trading range), on sharp-slope moves.

 

TODAY'S CHARTS:

Actual recent LIVE ROOM Calls and Explanations for How We Were Using Time and Sales:

 

EXHAUSTION AFTER QUICK INITIAL RUN:

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What does it take? An adept, observant and fast trading style is required. Must be able to follow both the 1-minute candle along with tape simultaneously.
You also need to have a professional tape, we recommend eSignal.com for charts and data.


This is what most traders look at for time and sales. Nice and basic:



This is a professional eSignal tape as used by Daytrading University: note we use the Sizes column on
the far right in addition to the typical time/sales/size columns. It makes a big difference:

 

Interested in learning more about this powerful technique, and more?

 



Also, be sure to order our new bestselling highlights reel, the new 2-day Advanced Daytrading Seminar CD-ROM. New Release for January 2003 -> Click for more information.





We invite you to try our Pro Live Daytrading and Swingtrading Audio/Video Room free in our next
Guest/Free trial coming late March 2003.

 


====== TIPS for SEEING OUR CHARTS CLEARLY (IE 6+):

To See our Charts clearly, running IE 6+:
Be sure to go to Tools/Internet Options/Advanced
and scroll down to "Multimedia" and UNCHECK where it says "Enable Automatic Image Resizing"
Tthis is an unwanted new default IE 6 feature that resizes images to fit the current browser window size,
it makes our charts more difficult to see, so Uncheck it.

View www.DaytradingUniversity.com/charts.gif to see what it looks like

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TIPS for ACCESSING OUR JAVA CHAT ROOM: see www.DaytradingU.com/java.htm

We invite you to compare the professionalism of our service with any other online room. We're certain that you'll enjoy our 100% TA-based on-topic, disciplined live trader room for your daytrading and swingtrading education and coaching needs.

Hundreds of traders worldwide can't be wrong! In the meantime, just check out these recent live room transcripts for yourself.
   



     Disclaimer: Traders Note: all alerts are for learning/educational purposes only and are not to be construed as an offer to buy nor sell equities. We share them to show you our real time trading techniques, so that you may better understand how we look for trade entries. Do Not make actual trades based on these or any other information you get via emails or on websites. Do your own due diligence and consult with a qualified broker or RIA (which we are not) prior to making any trades. You assume all risk/liablity for all trades that you make. Daytrading is high-risk and speculative in nature, and is not suitable for most people. Past performance is not indicative of future performance. Hypothetical or simulated performance results which are presented herein as learning examples have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. No representation is made that any account will or is likely to achieve profits or losses similar to those shown. Since trades have not actually been executed, the results may have over- or under-compensated for the impact, if any, of various market factors, such as lack of liquidity. We make no performance claims of any kind. You hereby agree to all terms in www.daytradingu.com/disclaim.htm by reading these materials. We hope you're learning new strategies that are useful -- best wishes for successful active trading.