08-10-2010, 01:16 PM
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Join Date: Mar 2010 Location: Raleigh Thanks: 4
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| Tape Reading - Resources? I find the concept of tape reading and order flow analysis fascinating. However, it seems to me that there are not too many traders who exclusively, or perhaps even primarily, rely on tape reading for their entry/exit decisions. I've also found that different people have different definitions of what tape reading comprises of!
If you use tape reading and order flow analysis to time your trades, can you please elaborate on what is tape reading and what is actually being 'read' (T&S or L2 or other etc). If you can expound, it will be much appreciated - or even if you just recommend resources, I'll still be grateful. Thanks for your help! |
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