|
Re: Help understanding the Tape.
It doenst make sense at the moment because you do not understand what to look for and how to use it. Tape reading is not easy. You will need to devote a few months observing and staring at it until you start to see information relevant to your trading. You might want to start out by looking at the tape only when price reaches a certain key level. Watch how it behaves when price reaches there and keep an eye on bigger contracts that come across tape.
__________________
James Lee
TradersLaboratory.com
-----------------------------
Empowering traders with knowledge.
Note: Working on a few new features for the site. Please pm me if I do not respond.
|