[DrEvil]

First of all, I want to say that I'm massively impressed with traderslaboratory, especially the video section. It's one of the better forums that I've found so far.

I can really see the advantages of tape reading in giving clues at pivot points/support/restistance. I trade forex, which means that I don't have a tape so I'm left without some very valuable price information. I use MetaTrader for it's charts, but I notice that it has volume bars as well. I expected that their volume bars would be useless as no doubt it captures only one piece of the forex volume moving the market. However, I have noticed that candlesticks at support/resistance (for example) more often than not predict a turning point or continuation when you use the volume bars as confirmation.

What I would like to know ask to the people that tape read on this forum is do you think that candllesticks at key support/resistance levels confirmed with volume bars are in any way an alternative to tape reading? I'm not so sure because from looking at Soultrader's tape reading videos I see that he looks for clues from the big players (larger lot size trades) and this seems to be far more important that the little guys. You can't see this with a plain old volume bar (at least I think you can't!).

Would love to hear anybody's thoughts on this.

cheers

The evil one.