[torero]

I think you cannot wholly rely on tape to base your trading decisions, since there are alot of noise in there. I use it to get the general ideas how big the general involvement of traders are at critical areas (S and R, pivots, High Low of day, etc). Say, if I see a few contracts selling or buying vs a few dozens contracts going by, then it gives you hints on how to get a better idea if the prices will break or not. Of course, this is relative, it's why I watch it and review the video recorded past sessions to gain that sense of relativity. After a while, I get an idea what constitutes average volume vs higher than average volume. From there, I can see if there are chances of a breakout or not. But I usually don't do anything until the breakout happens or fails and confirmed and then take action.