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Soultrader

Ticker Technique: The Art of Tape Reading by Orline D. Foster

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I tend to enjoy tape reading books. There is always something you can learn about them. Orline Foster gets straight to the point. He talks about the speed of transactions, block prints of volume, and support and resistance points on the tape. He also talks about volume and price analysis that reflects the teachings of Wyckoff.

 

If you are a student of Wyckoff like myself, you may find some things repetitive. However, if you are unfamiliar with tape reading this is a must read.

There is alot of insightful information available throughout the book. Chapter 9, written by Herbert Leisner, offers good information especially for day traders.

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