http://www.SchoolOfTrade.com
http://www.SidewaysMarkets.com
Tape Reading is the study of raw price action as it comes across your time & sales window, and is considered by most to be the 'purest form of the market.'
The term tape comes from ticker tape; print out by the ticker tape machines available since 1870s which reports the latest trade/bid/ask update information.
What a great, great video!! Mr. James you have pretty much shown people the key to the bank!! When I first started daytrading i knew NOTHING about tape reading, i.e. the speed, the side (bid or ask) that trades were being done/filled and size. I had no one showing me how to trade..all i had was passion & determination...if I had seen some of your videos, like this one, I could've saved my self time & money. Nevertheless you've done a great job in explaining how to "read" the tape.
LeoZodiac77 2 months ago