[turnip16]

Excellent - many thanks.

[ct_trader911]

Tape Reading, by Linda Bradford Raschke, another excellent contribution that does not waste time with fluff.

[corcha]

Thanks, is very interesting.

[imgunn]

sometimes the simple straight forward stuff is the best, good article !

[Mavrik00]

i agree, great article for sure.

I use tape reading for my exits more than anything.

I find that volume (relative volume that is) is ideal for entries, but to see a winner about to turn against me i look at price action and the tape.

Rather than trying to watch all of the information as it speeds by on the tape, i blur my eyes and pay attention to the speed and frequency of it all.

I use Ninja, and they allow you to change the colors depending on the order itself, so you can color things accoridng to how they are executed, which will give you more of an idea of what is really going on.

TIP: stop watching the small details, blur your eyes and just watch the overall speed of it all and you will see the pattern of slow....to fast...to confused patterns, to trending patterns.

Hope it helps!

Mav

[otto215]

Tape Reading, by Linda Bradford Raschke

That's a good book right!

[BlowFish]

I may be wrong but I don't believe it's a book at all. Whether Street Smarts has a section on tape reading I couldn't say its one of the few 'mainstream' books I don't have in my Library.

[ArmaDino]

Great thread, will definetly follow as I'm a novice to this concept.