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Old 07-09-2007, 05:34 PM
ItalianSharp ItalianSharp is offline
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Re: Techniques of Tape Reading

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Well, I'm going to buck the trend here and say I was disappointed with this book. As I read through I kept waiting and waiting for the author to talk about tape reading, but he never did! The book starts off with an autobiography of how he started and leads on to various tech analysis setups which can be found in any good trading book and he talks about volume which is great. However, there were NO techniques on reading the tape (time and sales). None. There was not even one single screenshot in the whole book of Time and Sales.

If I wanted a general tech analysis book or a book on price and volume, I would have sought that out, I wanted a book on tape reading, and this book does not deliver even 1% of the topic of tape reading. A big disappointment. I am still wondering why the book was called Techniques of Tape Reading, I am amazed.
I must back you on everything you said. I read this book a few months ago and didn't find it helpful at all as far as Tape Reading is concerned.

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