[torero]

I don't claim to be tape reading expert and don't use it as my primary tool of trading, charting is. But having it as a companion tool will help see the pace of the buying and the selling. So this would give a good context when charts are not showing such pace. I usually look for pullback/rallies accompanying slow pace to check if it's a good spot to get in with the trend. This is especially helpful to see if the trend's pace is exhausting or not.

[notouch]

Unless you're scalping for a few ticks I don't think there's anything you can get from tape reading that you can't get from a candlestick chart with volume. A fast tape just means more volume. More green doesn't mean more buyers (of course there's always an equal number of buyers and sellers in futures trading) it just means more contracts are made at the offer and you can use a bid/ask delta indicator for that if you really think you need it. Reading the chart allows greater objectivity in your trading.

[walterw]

Like any aproach, if you like it, you feel confortable with it and gives you positive results, go ahead and use it... if not, dont...

[torero]

I totally agree, like I said, this is my secondary indicator, based mostly on important levels where I would use to how much or little commitment at these areas for possible reversals or breakouts. If I have to give up one, it ain't the charts.