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Old 01-28-2007, 05:33 PM
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walterw walterw is offline
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Re: Tape Reading: How I Started Learning Tape

I can understand what you mean Soul with this screentime on tape reading and that it pays back to do it... my experience is very similar but with a rare 3 Tick chart... this small timeframe allows you to "feel" the market at very key levels... I got good on feeling the velocity of this fast chart... and you can sense when the market is Stuck or when its flowing... some kind of tape reading on a chart... thought the information its obvious different but I am convinced that a succesfull trader comes out off feeling the market... and there are a series off tools that can let you "feel" the market... similar to pit sqwak audio.... any technical argument gets confirmed by this strong feeling of whats happening.... thougt its hard at the begining but it pays off later... cheers Walter.

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