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Re: Price Action: Modern Tape Reading
Great article thanx.
I consider myself a Market (Pivot) Profiler and a Tape Reader (Volume Spread Analysis). For me, the chart is the tape. This is partially due to the fact that I trade forex and as such do not have access to Level II type info. But also, due to the vast amount of information that can actually be gleamed from a price bar and a volume bar.
**Price is reality.**
**Volume is reality. Volume is activity so tick volume is as useful as actual volume figures.**
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